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Listed 3 months ago

129 High Street W

Port Credit, Mississauga

$1,549,800

Condo Townhouse |
3 | 4 | 2
About this home

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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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
Style3-Storey
Approx. AgeNew
Size2500-2749 sq. ft.
Maintenance Fees$1,140
LockerNone
BalconyTerrace
ExposureSouth
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$8,715
Lot Size x
mls© NumberW13170296
Listed ByRE/MAX HALLMARK REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

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.

Down payment20% · $309,960
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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