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Port Credit, Mississauga
$1,549,800
A rare opportunity to own a luxury investment property in the prestigious Shores of Port Credit community with an excellent tenant already in place. Offering immediate rental income and long-term value in one of Mississauga's most desirable waterfront neighbourhoods, this turnkey condo townhouse is an exceptional addition to any investment portfolio. This extensively upgraded 3-bedroom, 4-bathroom residence features premium finishes throughout, ensuring lasting appeal for discerning tenants. The main floor offers porcelain tile flooring, crown moulding, a designer kitchen with JennAir appliances, Blomberg dishwasher, custom cabinetry, power blinds, pot lights, custom lighting, and built-in closet systems. A rare in-suite elevator provides convenient access to every level.The finished basement adds outstanding functionality with custom pantry storage, an integrated refrigerator, storage mezzanine, and a recently completed bathroom featuring an infrared sauna with Bluetooth connectivity. Upstairs, the third-floor primary suite offers beautiful lake views and a luxurious custom 5-piece ensuite with porcelain flooring, marble feature walls, and a herringbone tile shower. Outdoor living is equally impressive with two storm-proof electric awnings, a Napoleon BBQ with gas line hookup, and a private rooftop terrace overlooking Lake Ontario. The home also includes two underground parking spaces located directly beside the unit. Residents enjoy resort-style amenities including a fitness centre, indoor pool and spa, wine club, golf simulator, restaurants, lounges, library, billiards room, meeting spaces, and more. Just steps from Lake Ontario and within walking distance of Port Credit's shops, restaurants, parks, and waterfront trails, this is a rare opportunity to secure a premium income-producing property in an exceptional lakeside location. See the virtual tour for additional photos.
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| Type | Condo Townhouse |
| Style | 3-Storey |
| Approx. Age | New |
| Size | 2500-2749 sq. ft. |
| Maintenance Fees | $1,140 |
| Locker | None |
| Balcony | Terrace |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 2 |
| Parking Features | Underground |
| Property Tax | $8,715 |
| Lot Size | x |
| mls© Number | W13170296 |
| Listed By | RE/MAX HALLMARK REALTY LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,933
- Property tax
- $726
- Heat allowance
- $150
- Condo fees, half counted
- $570
- Housing costs
- $9,379 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$289,000
gross annual household income
- Payment at 4%
- $6,522 / mo
- Cash down
- $309,960
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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