$1,798,875 - 50 Lou Parsons Way Unit 76, Mississauga
Condo for Sale in Mississauga
129 days on market- MLS Number
- W12571056
- Property Type
- Condo
- Status
- active
- Days on Site
- 129
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Mississauga
- Locker
- Ensuite
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
One Of A Kind! A Rare, Luxurious Corner Unit Townhome With A Personal Elevator Boasting Exclusive Waterfront Luxury At The All New, Highly Anticipated Brightwater Port Credit. Experience The Pinnacle Of Luxury Living In This One-Of-A-Kind Waterfront Townhouse At Brightwater, Nestled In The Heart Of Port Credit's Prestigious New Waterfront Community. This Stunning Corner Residence Offers Over 2,500 Sq. Ft. Of Impeccable Design, Seamlessly Blending Modern Elegance With Breathtaking Lake Views. Step Inside Your Private Entrance Or Take Your Personal Elevator Through Four Levels Of Sophisticated Living Space. The Open-Concept Main Floor Features Floor-To-Ceiling Windows, Flooding The Space With Natural Light, While A State-Of-The-Art Chef's Kitchen With Fisher and Paykel Appliances And Designer Finishes Elevate Every Moment. Retreat To The Lavish Primary Suite With A Spa-Inspired Ensuite, And Enjoy Additional Spacious Bedrooms Perfect For Family Or Guests. The Crown Jewel? A Private Rooftop Terrace With Unparalleled Panoramic Views, Ideal For Entertaining Or Relaxing In Ultimate Serenity. Located Steps From Port Credit's Upscale Shops, Dining, And Scenic Trails, With Easy Access To Downtown Toronto, This Is Waterfront Living At Its Finest. Don't Miss This Rare Opportunity!
Estimate your monthly payments for this property
Estimated Payment
$7,957.03/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.
50 Lou Parsons Way Unit 76, 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
Competitive Pricing
At $720/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 129 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.
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.
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.