$595,000 - 220 Missinnihe Way Unit 714, Mississauga
Condo for Sale in Mississauga
37 days on market- MLS Number
- W13116812
- Property Type
- Condo
- Status
- active
- Days on Site
- 37
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RE/MAX WEALTH BUILDERS REAL ESTATE
Suite 714 over 630 sq. ft. indoor living space at Brightwater Condos represents the type of opportunity buyers are actively searching for in today's market - functional design, premium finishes, and a location positioned for long-term lifestyle and value growth in the heart of Port Credit. This thoughtfully designed 1-bedroom + den, 2-bathroom residence offers an intuitive open-concept layout that feels both connected and comfortable from the moment you walk in. Floor-to-ceiling windows bring in natural light throughout the space, Step out onto your large over 100 sq. ft. private balcony overlooking Port Credit with a desirable north exposure, offering vibrant community views and an urban backdrop that captures the energy of one of Mississauga's most exciting waterfront neighborhoods. The kitchen is designed with both style and practicality in mind, featuring integrated appliances, generous prep space, and a centre island that naturally becomes the focal point for gathering. The spacious den offers exceptional flexibility for a home office, guest space, or additional living area - an increasingly valuable feature for today's buyers. The primary bedroom provides a calm and functional retreat complete with excellent storage and access to a contemporary ensuite bath, while the second washroom adds convenience and flexibility for guests and day-to-day living. Beyond the suite itself, Brightwater continues to establish itself as one of the GTA's most thoughtfully planned waterfront communities. Residents enjoy access to premium amenities including a fitness centre, elegant party lounge, outdoor terrace with BBQ areas, and beautifully designed communal spaces. Located steps to waterfront trails, J.C. Saddington Park, cafés, restaurants, Farm Boy, the Port Credit GO Station, and easy access to the QEW and Highway 403, this is a location that delivers both lifestyle convenience and long-term investment potential.
Estimate your monthly payments for this property
Estimated Payment
$3,052.66/mo
Includes CMHC insurance ($16,601)
5-yr fixed avg.
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.
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
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.
220 Missinnihe Way Unit 714, Mississauga
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $992/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 37 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.
Efficient Living
At 600 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.
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.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,479 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.