$2,799,999 - 65 Port Street Unit 509, Mississauga
Condo for Sale in Mississauga
Popular Listing- MLS Number
- W12740542
- Property Type
- Condo
- Status
- active
- Days on Site
- 12
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- ~2,500 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
Experience lakeside living at its finest in the sought-after Port Credit community.This expansive 2+1 bedroom, 3-bath residence at the iconic Regatta Condos offers over 2,600 sq ft of beautifully designed living space, framed by panoramic lake views from every room. Inside, soaring vaulted ceilings and oversized principal rooms create an airy, open feel, ideal for both relaxing and entertaining. The custom kitchen is a chef's dream complete with granite countertops and stainless steel appliances. It opens gracefully into a spacious dining area and sun-filled living room, where one of three fireplaces sets a cozy, elegant tone. Retreat to the serene primary suite featuring a spa-like ensuite with a walk-in shower, generous closet space, and your own private balcony overlooking the water. A second bedroom, flexible den, and two additional full baths offer versatility for guests, work-from-home, or personal hobbies. Two private balconies invite you to unwind, all while soaking in the tranquil lake views. Enjoy the convenience of ensuite laundry, two parking spaces, and a locker, all within one of Port Credits most desirable addresses. Steps to waterfront trails, the marina, dining, shops, and GO Stations, this is your opportunity to enjoy the charm and vibrancy of South Mississauga living.
Estimate your monthly payments for this property
Estimated Payment
$12,385.34/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.
65 Port Street Unit 509, 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 25+ years of GTA real estate experience
Fair Market Value
At $1120/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $11,667 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.