$5,850/mo - 55 Lou Parsons Way Unit 93, Mississauga
Condo for Rent in Mississauga
72 days on market- MLS Number
- W12968364
- Property Type
- Condo
- Status
- active
- Days on Site
- 72
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,250 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Experience refined living in this 4+2 bedroom, 3+1 bathroom luxury townhome in the heart of Port Credit, Mississauga, enhanced with $$$$ spent on premium upgrades. Thoughtfully designed across the upper levels, this home features two primary bedrooms with ensuite bathrooms, including a spa-inspired 5-piece ensuite, and walk-in closets, offering exceptional comfort and flexibility. The main living space is highlighted by a striking 60" fireplace, creating a warm and elegant focal point, while the upgraded kitchen showcases a smart built-in oven, custom pantry, and dedicated space for a wine fridge, perfect for both everyday living and entertaining. The entire third floor functions as a private retreat, ideal as a primary suite or home office, complete with two walk-out terraces for added privacy and outdoor enjoyment. Additional features include hardwood flooring throughout and a 3-car garage with sensor lighting and automatic carbon monoxide exhaust system. The home is also equipped with upgraded smart locks on both the main floor and basement, controllable via mobile phone for enhanced security and convenience. Ideally located just steps to Farm Boy, Loblaws, waterfront trails, marina, parks, restaurants, and cafés, with convenient access to Port Credit GO via free shuttle service. A rare opportunity to own a fully upgraded, spacious home in one of Mississauga's most desirable waterfront communities.
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 Parsons Way Unit 93, 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 $5,850/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 72 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.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
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.