50 Lou Parsons Way Unit 81, Mississauga

Price: $5,500

4 bedrooms, 4 bathrooms

2,250 sqft

Property Type: Condo

MLS#: W13066680

Welcome to lakeside brand-new 3- story townhome with 3+1 bedrooms in Port Credit. It features 20-foot-wide residence spans over 2430 sqft, 9-10 ft ceilings, high-end appliances,, a cozy fireplace and a gourmet kitchen with a large island, 5 -piece master ensuite bathrooms, energy STAR appliances, oversized windows and 4 private parking spaces. The living room extends to a private deck. The 2nd floor, The primary suite boasts a spa-like bathroom with a freestanding tub. The third floor offers a flexible space that opens to a private terrace with a lake views.Steps to the waterfront, scenic trails, public transit. A resort-like setting and relaxed pace of life. **EXTRAS** Roger Internet and hot water heater are included in the rent. Free exclusive shuttle bus to and from the GO Station for residents.

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$5,500/mo - 50 Lou Parsons Way Unit 81, Mississauga

Condo for Rent in Mississauga

48 days on market
4Beds
4Baths
2,250Sq Ft
Condo
Property Details
MLS Number
W13066680
Property Type
Condo
Status
active
Days on Site
48
Bedrooms
4
Bathrooms
4
Square Feet
2,250 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
South
Balcony
Terrace
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

Welcome to lakeside brand-new 3- story townhome with 3+1 bedrooms in Port Credit. It features 20-foot-wide residence spans over 2430 sqft, 9-10 ft ceilings, high-end appliances,, a cozy fireplace and a gourmet kitchen with a large island, 5 -piece master ensuite bathrooms, energy STAR appliances, oversized windows and 4 private parking spaces. The living room extends to a private deck. The 2nd floor, The primary suite boasts a spa-like bathroom with a freestanding tub. The third floor offers a flexible space that opens to a private terrace with a lake views.Steps to the waterfront, scenic trails, public transit. A resort-like setting and relaxed pace of life. **EXTRAS** Roger Internet and hot water heater are included in the rent. Free exclusive shuttle bus to and from the GO Station for residents.

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

50 Lou Parsons Way Unit 81, Mississauga

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$5,500/mo
↑ Above typical 4-bed market rent
Annual Rent Cost
$66,000
12 × monthly rent

Estimated Monthly Budget

Asking Rent$5,500/mo
Utilities (est.)~$250/mo
Est. Total Monthly Cost~$5,750/mo

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Above Market Rent

At $5,500/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 48 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 4 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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    50 Lou Parsons Way Unit 81, Mississauga | $5,500 | Battaglia Team