$6,300/mo - 55 Lou Parson Way Unit 98, Mississauga
Condo for Rent in Mississauga
69 days on market- MLS Number
- W12983084
- Property Type
- Condo
- Status
- active
- Days on Site
- 69
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- South West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Looking for a home that matches your pace and offers a serious upgrade to your lifestyle? This bright a spacious 3-bedroom, 3-bathroom end-unit townhome in the Brightwater development is the ultimate modern setup. The vibe is bright and airy, with high ceilings on the main floor and windows everywhere soaking the space in natural light. Hardwood floors run throughout, leading to a fantastic kitchen decked out with Miele appliances and quartz-on-quarts finishes. It's a clean, high-end look that's perfect for everything from meal prep to hosting your next dinner night. The layout is built for social living, featuring a main-floor patio made for weekend BBQs. But the real standout is the massive wrap-around rooftop terrace with incredible views of Lake Ontario--it's basically your own private lounge in the sky. When you're not hanging out at home, you're steps away from the best of Port Credit. Grab groceries at Farm Boy, hit the Waterfront Trails for a morning run, or meet friends at local hot spots for wonderful culinary experiences. Commuting is a breeze too, with public transit nearby and a direct shuttle to the Port Credit GO Station, you can be downtown in no time without the stress of traffic on the highway. It's the perfect blend of lakeside relaxation and urban convenience.
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.
55 Lou Parson Way Unit 98, 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
Above Market Rent
At $6,300/mo, this is asking above the typical 4-bedroom rent of ~$4,200/mo in Mississauga. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Negotiation Opportunity
At 69 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.
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.