$1,449,000 - 8 Ann Street Unit 1201, Mississauga
Condo for Sale in Mississauga
37 days on market- MLS Number
- W13095292
- Property Type
- Condo
- Status
- active
- Days on Site
- 37
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- EXP REALTY
What's the best luxury condo with lake views in Port Credit? Welcome to NOLA, where this rarely available corner suite offers approx 1,700 sq ft of refined waterfront living with unobstructed south-east lake views and two private balconies. Set within a boutique building, with limited units on each floor, this residence offers a level of privacy, quiet, and exclusivity rarely found in today's condo market. Step inside to a professionally updated interior featuring fresh paint, upgraded lighting, and a bright open-concept layout with 9-foot ceilings and expansive windows that frame the lake. The gourmet kitchen is designed to impress with quartz countertops, built-in appliances, and a centre island with breakfast bar seating, perfect for casual dining and entertaining and custom pull-out storage, combining style and functionality. Custom built-in closet systems throughout and thoughtfully selected dimmable lighting enhance both organization and everyday living.Thoughtfully designed for both entertaining and daily comfort, the spacious layout offers seamless flow between living areas and access to outdoor space from multiple rooms. The primary suite serves as a private retreat with a sitting area, balcony access, and a spa-inspired 5-piece ensuite featuring a freestanding tub and oversized glass shower. A second bedroom with semi-ensuite and a separate den provide flexibility for guests or a dedicated home office. Complete with two side-by-side parking spaces and an owned locker, this home offers the convenience today's buyers expect. Residents of NOLA enjoy access to a well-appointed selection of amenities including a fitness centre, party and meeting room, rec space, and visitor parking, all within a professionally managed building. Located just steps from Lakeshore Road, this home offers a truly walkable lifestyle with easy access to waterfront trails, parks, the marina, cafes, restaurants, boutique shopping, and the Port Credit GO Station for convenient commuting.
Estimate your monthly payments for this property
Estimated Payment
$6,409.42/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.
8 Ann Street Unit 1201, 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
Fair Market Value
At $906/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.
Market Position
At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 $6,038 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.