220 Missinnihe Way Unit 101, Mississauga

Price: $1,269,000

4 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W12931796

Welcome to Brightwater at Port Credit! This brand new, sought after, ground floor corner unit 3 bed + den 3 bath condo townhouse features spectacular views of Lake Ontario from both the large patioand walk out balcony. The patio has natural gas for BBQ, and accesses the modern, open concept main floor, which features a fresh look with floor to ceiling windows, built in appliances, an island with quartz countertop, and ample space for entertaining friends and family. on the second floor, the wide balcony is accessible from not one, but two of the bedrooms, letting in an abundance of natural light. Building amenities include a gym, party room, office area, and patio space. Port Credit boasts tons of amazing restaurants, the marina, parks, grocery stores, libraries, community centers, shops, schools, and the Port Credit Go Station, with access made even easier through the designated Brightwater Shuttle Services, which often run every half hour. Don't let this opportunity pass you by!

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$1,269,000 - 220 Missinnihe Way Unit 101, Mississauga

Condo for Sale in Mississauga

4Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W12931796
Property Type
Condo
Status
active
Days on Site
17
Bedrooms
4
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South
Balcony
Terrace
Listing Brokerage
RE/MAX EXPERTS
Description

Welcome to Brightwater at Port Credit! This brand new, sought after, ground floor corner unit 3 bed + den 3 bath condo townhouse features spectacular views of Lake Ontario from both the large patioand walk out balcony. The patio has natural gas for BBQ, and accesses the modern, open concept main floor, which features a fresh look with floor to ceiling windows, built in appliances, an island with quartz countertop, and ample space for entertaining friends and family. on the second floor, the wide balcony is accessible from not one, but two of the bedrooms, letting in an abundance of natural light. Building amenities include a gym, party room, office area, and patio space. Port Credit boasts tons of amazing restaurants, the marina, parks, grocery stores, libraries, community centers, shops, schools, and the Port Credit Go Station, with access made even easier through the designated Brightwater Shuttle Services, which often run every half hour. Don't let this opportunity pass you by!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,613.22/mo

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5-yr fixed avg.

Principal: $1,015,200Interest: $668,765
Mortgage Amount$1,015,200
Total Interest$668,765
Est. Property Tax$899/mo
Total Cost$1,683,965

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 101, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,480/mo
Range: $2,958 - $4,002
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,480
Maintenance Fees-$910
Property Tax (est.)-$899
Insurance (est.)-$264
Net Cash Flow+$1,407

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $906/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.

Market Position

At 17 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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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