$1,999/mo - 251 Masonry Way Unit 409, Mississauga
Condo for Rent in Mississauga
93 days on market- MLS Number
- W12892272
- Property Type
- Condo
- Status
- active
- Days on Site
- 93
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
Elegant 1 Bedroom + Den in Prestigious Port Credit (Brightwater). Discover refined lakeside living in this beautifully designed 1 bedroom plus den condo, ideally situated in the highly sought-after Brightwater community of Port Credit. Perfectly suited for executives and corporate professionals, this residence offers an efficient layout that maximizes space, storage, and comfort in a refined, low-maintenance setting.Thoughtfully laid out to maximize space and functionality, this residence is perfect for a professional seeking comfort, convenience, and an elevated lifestyle. The open-concept living area is filled with natural light and flows seamlessly to a private balcony overlooking the vibrant Brightwater square-an ideal spot to relax and enjoy the charm of this waterfront neighbourhood.The modern kitchen offers sleek finishes and efficient design, while the spacious bedroom provides a tranquil retreat. A versatile den offers the perfect work-from-home setup or more formal dining - a perfect flex space. The well-appointed bathroom includes a rare linen closet, providing ample storage seldom found in units of this size-an exceptional bonus for condo living. Designed for car-free executive living, this condo is located within a highly walkable waterfront neighbourhood. Steps to public transit, the GO train, boutique shops, cafés, restaurants, and scenic lakefront trails, everything you need is right outside your door. With effortless access to downtown Toronto and Mississauga's key business districts, this location offers outstanding connectivity without the need for a vehicle.An excellent opportunity for a discerning professional seeking quality, convenience, luxury and lifestyle in one of Mississauga's most affluent and dynamic communities. This unit is ideal for a discerning tenant seeking a well-maintained home in a premium location.
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.
251 Masonry Way Unit 409, Mississauga
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $1,999/mo, this is priced below the typical 2-bedroom rent of ~$2,900/mo in Mississauga. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Negotiation Opportunity
At 93 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 500 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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.