220 Missinnihe Way Unit 702, Mississauga

Price: $735,000

3 bedrooms, 2 bathrooms

700 sq ft

Property Type: Condo

MLS#: W12758328

Luxury Waterfront Living at Brightwater II- Welcome to #702- 220 Missinnihe Way, beautifully designed 2+1 bedroom suite located in the prestigious Brightwater II residence. Experience the pinnacle of modern elegance, situated in the heart of Port Credit's most vibrant new waterfront community, this spacious condo offers a seamless blend of style, function and lakeside lifestyle. The sunlit, open-concept layout features an expansive entry, floor-to-ceiling windows, upscale finishes, sleek wide-plank flooring, and fresh paint throughout. The gourmet kitchen is a chef's dream, anchored by a sleek oversized centre island with a breakfast bar -perfect for hosting. Stainless steel and panel-ready appliances blend effortlessly with the cabinetry, delivering a refined, designer-inspired look. Retreat to a large and versatile den that is perfect for a professional home office, library or additional guest space. The primary suite offers a private sanctuary with ample storage and a spacious contemporary 3-piece ensuite, and the second bedroom is equally generous and well-appointed. Step out onto the sizeable balcony to take in scenic views of the bustling Waterfront Village below. Building Amenities include: State-of-the-art gym & yoga studio, sophisticated party lounge, business centre, shuttle to the Port Credit GO station and more. Located just steps to the lake, shops including Farm Boy and the LCBO, and cafes and restaurants- this is waterfront living at its finest!

220 Missinnihe Way Unit 702, Mississauga - Image 1
active
New Listing
1 / 30

$735,000 - 220 Missinnihe Way Unit 702, Mississauga

Condo for Sale in Mississauga

3Beds
2Baths
700Sq Ft
Condo
Property Details
MLS Number
W12758328
Property Type
Condo
Status
active
Days on Market
7
Bedrooms
3
Bathrooms
2
Square Feet
700 sqft
City
Mississauga
Locker
Owned
Exposure
North
Balcony
Open
Description

Luxury Waterfront Living at Brightwater II- Welcome to #702- 220 Missinnihe Way, beautifully designed 2+1 bedroom suite located in the prestigious Brightwater II residence. Experience the pinnacle of modern elegance, situated in the heart of Port Credit's most vibrant new waterfront community, this spacious condo offers a seamless blend of style, function and lakeside lifestyle. The sunlit, open-concept layout features an expansive entry, floor-to-ceiling windows, upscale finishes, sleek wide-plank flooring, and fresh paint throughout. The gourmet kitchen is a chef's dream, anchored by a sleek oversized centre island with a breakfast bar -perfect for hosting. Stainless steel and panel-ready appliances blend effortlessly with the cabinetry, delivering a refined, designer-inspired look. Retreat to a large and versatile den that is perfect for a professional home office, library or additional guest space. The primary suite offers a private sanctuary with ample storage and a spacious contemporary 3-piece ensuite, and the second bedroom is equally generous and well-appointed. Step out onto the sizeable balcony to take in scenic views of the bustling Waterfront Village below. Building Amenities include: State-of-the-art gym & yoga studio, sophisticated party lounge, business centre, shuttle to the Port Credit GO station and more. Located just steps to the lake, shops including Farm Boy and the LCBO, and cafes and restaurants- this is waterfront living at its finest!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,770.93/mo

Includes CMHC insurance ($20,507)

$
$
5%10%50%

5-yr fixed avg.

Principal: $661,500Interest: $449,273
Mortgage Amount$682,007
Total Interest$449,273
Est. Property Tax$521/mo
Total Cost$1,131,279

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.

Neighbourhood Guide: Mississauga

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

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

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.

70
Walk Score
Varies
Price Range

220 Missinnihe Way Unit 702, Mississauga

Open in Google Maps

Use the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.

Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$455
Property Tax (est.)-$521
Insurance (est.)-$153
Net Cash Flow+$1,471

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 Battaglia

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $1050/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

Recently Sold Nearby

Recent sales in Mississauga to help you understand market values

Similar Properties Nearby

Active listings in Mississauga with similar features