$4,275,000 - 55 PORT Street Unit 602, Mississauga
New Construction for Sale in Mississauga
New — Listed 3 days ago- MLS Number
- W13446956
- Property Type
- New Construction
- Status
- active
- Days on Site
- 3
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,750 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- SUTTON GROUP QUANTUM REALTY INC.
Welcome to Port 55, a luxurious new boutique 9-storey waterfront condo in Port Credit. This is a completely customized and upgraded 2920 sq ft SW corner suite featuring captivating South West views plus 2 private lake-facing terraces creating an additional 671 sq ft of unobstructed outdoor living space. Open concept living and dining with floor to ceiling windows to capture the waterfront views, 2 bedrooms + west facing den, 3 spa like bathrooms, full size laundry room, 5" herringbone hardwood throughout, upgraded quartz in all bathrooms, kitchen & laundry room. Gourmet kitchen with quartz centre island and walk in pantry, high-end Miele appliances including: fridge, 5 burner gas stove, oven, microwave; built-in wine fridge, fireplace with vapour humidifier, walk in closets with sensor lighting, toilet washlets with electricity, back lit bathroom mirrors and sensors, extra insulation for noise reduction in walls of both bedrooms, his/her walk in closets. Upgraded electrical throughout: potlights, electrical outlets for side tables, motorized blinds, TVs, chandelier & island ceiling lamps; heated bathroom floors & towel racks, black onyx faucets, shower benches & niches; 2 premium parking side by side across from the elevator + electric charging station and locker. Residents have access to private indoor party room and outdoor space along the water's edge, a backyard oasis just meters from the water's edge Short walk to Port Credit GO Station, Village shops & restaurants. Pictures of waterfront terraces and principal rooms have been virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$18,909.77/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.
55 PORT Street Unit 602, 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 $1555/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.
Larger Home Realities
At 2,750 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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.