220 Missinnihe Way Unit 1007, Mississauga

Price: $899,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W12478950

Beautiful Sunrise Views!! Welcome to this stunning lakeside condo offering breathtaking sunrise views and a lifestyle of luxury by the water. This spacious 2-bedroom plus den suite (den spacious enough for a twin bed) features bright, open living spaces designed to capture the natural light and incredible lake views. Enjoy the convenience of in-suite laundry, modern finishes, and a layout perfect for both relaxing and entertaining. Just steps from Port Credit's vibrant waterfront, boutique shops, and some of the best restaurants and cafes in Mississauga, this home truly combines comfort, style, and an unbeatable location.

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$899,000 - 220 Missinnihe Way Unit 1007, Mississauga

Condo for Sale in Mississauga

138 days on market
3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W12478950
Property Type
Condo
Status
active
Days on Site
138
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South East
Balcony
Terrace
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Beautiful Sunrise Views!! Welcome to this stunning lakeside condo offering breathtaking sunrise views and a lifestyle of luxury by the water. This spacious 2-bedroom plus den suite (den spacious enough for a twin bed) features bright, open living spaces designed to capture the natural light and incredible lake views. Enjoy the convenience of in-suite laundry, modern finishes, and a layout perfect for both relaxing and entertaining. Just steps from Port Credit's vibrant waterfront, boutique shops, and some of the best restaurants and cafes in Mississauga, this home truly combines comfort, style, and an unbeatable location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

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5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Mississauga

Discover Mississauga

Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Mississauga

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

220 Missinnihe Way Unit 1007, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,271

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $999/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 138 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

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    220 Missinnihe Way Unit 1007, M… — $899,000 | Battaglia Team