$1,799,900 - 46 Bay Street, Mississauga
Detached for Sale in Mississauga
New — Listed yesterday- MLS Number
- W13047330
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to lakeside living in the heart of Port Credit Village. Just steps to the Lake and Credit River, this charming, character-filled family home offers an exceptional lifestyle in one of Mississauga's most coveted neighbourhoods. Originally built in 1910 and completely rebuilt in 2008, this home beautifully blends old-world charm with modern conveniences. A stunning great room addition boasts soaring 16' cathedral ceilings, creating a bright and inviting space. The chef's kitchen features a large centre island, a custom built-in bar, and a walk-out to the deck. Open to the spacious family room, it is an ideal setting for both everyday living and entertaining. The main floor also offers a formal dining room with a stunning stone fireplace, a living room overlooking the porch and a full bathroom. Upstairs boasts three generous sized bedrooms, a full bathroom and a walk-out to the second level balcony overlooking the neighbourhood! Set on a rare 66' wide lot, there is ample room for outdoor enjoyment, with a new tiered composite deck, stone patio and gazebo, surrounded by mature trees and beautifully landscaped gardens, your own private oasis with a refreshing lake breeze. Ideally located in the centre of Port Credit Villages, steps to Port Credit Harbour Marina, PCYC, boutique shopping, fabulous dining, waterfront trails, and year-round festivals. Walk to top-notch schools and the GO Station, with just a 24-minute commute to downtown Toronto. Impeccably maintained with 10+ curb appeal, this picture-perfect home features a welcoming covered front porch, a second level balcony, a detached garage, lush gardens and timeless design throughout. The basement provides ample storage space, a bright laundry room and a bonus area. The list of updates and upgrades since 2008 is extensive and impressive, available upon request. A truly one-of-a-kind opportunity to live by the lake in Port Credit.
Estimate your monthly payments for this property
Estimated Payment
$7,961.56/mo
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.
46 Bay Street, 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
Premium Pricing
At $1200/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
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.
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 $7,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.