$2,799,000 - 510 RICHEY Crescent, Mississauga
Detached for Sale in Mississauga
New — Listed yesterday- MLS Number
- W13002970
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- KINGSWAY REAL ESTATE
Exquisite waterfront property in Port Credit! Discover the ultimate in lakeside living with this rare waterfront gem, a stunning 2-storey, 3-bedroom home that sits directly on lake Ontario in one of the most sought-after areas. This meticulously modernized residence boasts professional finishes and high-end features throughout, with a view that is second to none. A chef's dream kitchen equipped with stainless steel appliances and a huge island, looking out over the lake, with a huge bay window. Retreat to a sere master suite with a private balcony overlooking the water, and expansive lake views. Enjoy the open layout with a walk-out basement providing easy access to a beautifully landscaped yard with artificial grass, perfect for a low maintenance space for relaxing lakeside. A windows-up tiki bar offers a space for outdoor entertaining, with additional storage for outdoor equipment, and lakeside gear. Spacious 1.5 garage/work place. Large insulated attic for storage. Situated on the Waterfront Trail, and surrounded by parks, get ready for non-stop cottage style living right in the city. 15 mins walk to the Port Credit strip, 5 min drive to the Port Credit Go Station or Long Branch, Sherway Gardens, walk to Port Credit Yacht Club, 20 mins drive to downtown Toronto. A newly constructed sea wall (2022) ensures both beauty and protection for your waterfront property.
Estimate your monthly payments for this property
Estimated Payment
$12,380.92/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.
510 RICHEY Crescent, Mississauga
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $1866/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.
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.