$3,489,000

For sale

#702 55 Port Street East, Mississauga (Port Credit) - Single Family for Sale

#702 55 Port Street East, Mississauga (Port Credit), Ontario, L5G4P3

3 beds3 baths2 parking2,875 ft²$3,122/mo condo feeListed 42 days ago

Overview

This 3-bedroom, 3-bathroom condo in Mississauga is for sale offering roughly 2,875 sq ft of space. It has been on the market 42 days, fresher than the Mississauga average of 62 days.

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Description

**Power Of Sale** On The Water **One OF A Kind** Absolute Stunning Unit With Gorgeous Unobstructed South Lake Views. Full Lake Views & View OF Downtown Toronto - RARE! **Corner Unit** Floor To Ceiling Window Very Bright & Spacious - Open Concept Layout- Approx 2920sqft - 2 Large Covered Terraces. One Terrace At Front, One At Rear of Unit. Unit 702 is Uniquely Configured, Current Set Up Is With 2 Private Entrances - Can Be Used As 2 Units OR 1 Large 3 Bedroom Unit, After Conversion. **Floor Plan Attached** Chefs Kitchen With Built in Appliances, Large Island GreatFor Entertaining, Warm Decor, Colors Thru/out. Custom Fireplace Overlooks Terrace & Lakes - Primary Bedroom, With 5 Pc Ensuite, B/I Sauna Connection, Walk In Closet & Walk out To Terrace, Enjoy The Sauna , Terrace & Views, Rare Spa Like Setting. Fully Upgraded Unit. Oversized Pantry From the Kitchen, Gas Stove, B/I Appliances. Main Floor Laundry. (id:66096)

Property Details

MLS®: W13818894
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 2,875 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $3,122/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $23,815/yr

Rooms

Main level

Living room: 7.62 x 8.83 meters
Dining room: 7.62 x 8.83 meters
Kitchen: 6.4 x 3.65 meters
Eating area: 6.4 x 3.65 meters
Primary Bedroom: 5 x 4 meters
Bedroom 2: 3 x 3.65 meters
Bedroom 3: 3 x 5.48 meters
Kitchen: 3 x 5.48 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Gas stove(s), Wine Fridge, Oven, Dryer, Microwave, Window Coverings
Flooring: Hardwood
Exterior: Concrete, Brick
Lot Features: In suite Laundry, In-Law Suite, Sauna

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Mississauga (Port Credit) listings, avg age

62d

Price / ft²

$1,214

List price

$3.49M

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 3-bed single family in Mississauga (Port Credit) has been listed for 42 days, which is 20 days fresher than the city average of 62. Act while there is still low competition.

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Listed by REMAX YOUR COMMUNITY REALTY · SALMAN HUMAYUN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5G)

This home lists at $3,489,000, about 36.7× the local median household income of $95,000.

Carrying it typically needs a household income of about $681,524 (20% down, 25-yr amortization, stress-tested) — roughly 617% above the area median.

Median household income: $95,000
Population: 20,714
Median age: 45.2
Owner / renter: 57% / 43%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L5G)

$3,489,000· $1,214/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $697,800

Min 20%50%

Mortgage payment$14,880/mo

Property tax (est.)$1,985/mo

Condo fee$3,122/mo

Total monthly$19,987

Cash Needed to Close

Down payment (20%)$697,800

Land transfer tax$73,700

Est. closing costs$12,967

Total cash needed$784,467

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