55 Port Street E 301, Mississauga

$2,649,500
55 Port Street E 301

$2,649,500

New
17d
Condo ApartmentApartment

55 Port Street E 301, Mississauga

Total Monthly Obligation $14,730

Beds
2
Baths
3
Park
2
Sqft
2000-2249
DOM
17d
Score
12
Yield
1.5%
Cash on Cash
-22.6%
Cap Rate
-0.3%
5Y IRR
-1.7%
10Y IRR
1.6%
Property Type-Condo Apartment
MLS® Number-W13869844
Beds-2
Bathrooms-3
Size-2000-2249 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$17,721.92 (2026)
Maintenance-$2,366.1/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-KINGSWAY REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick, Concrete
Possession-Flex
Neighbourhood-Port Credit
Title-Residential Condo & Other

No agent assigned

Perched on the shores of Lake Ontario is the crown Jewel of Port Credit, 55 Port ST. Waterfront Living at its finest. Enjoy Vibrant Village Life with a lifestyle defined by elegance, exclusivity, and convenience. Welcome to unit 301 a direct South Facing corner unit spanning 2200 Sq Ft of refined luxurious Living Space. Open concept living and dining with floor to ceiling windows to capture the waterfront views, 10 FT Ceilings, 2 Bdrms + Office & 3 Spa like bathrooms & full size laundry room. Gourmet Kitchen with Quartz Counters, Italian Cabinetry, Centre Island, High End Miele Appliance Package Including Panelled Fridge, Wall Oven & Gas Stove. Custom Blinds, Pot Lights, & Wall Panelling anchor the cozy gas fireplace. Primary Bdrm features W/O to Balcony, 5 Pce Luxe Ensuite with a free standing tub, back lit mirrors & rain shower head. Custom Home Office & Cabinetry. All upgraded black door handles & faucets throughout. Private BBQ Gas line on terrace that overlooks Lake Ontario. Watch the sunrise over the lake from your bed! 2 Parking Spots Included (Tandem) A Smart1 Home System w/ Digital Camera & Lock. Private indoor party room and outdoor space along the water's edge, a backyard oasis just meters from the water's edge. Short walk to Port Credit GO Station, Village shops & restaurants. Option to purchase fully furnished**

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$2,119,600
Land Transfer Taxes$52,713
Legal Fees (Est.)
$
Total cash required for closing$584,113

Total Monthly Obligation

$14,730/mo
Mortgage $10,687
Monthly Loss $11,918
Principal$2,812
Interest$7,875
Property Tax$1,477
Condo Fees$2,366
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
-0.4%4
Cash-on-Cash
-24.6%0
5-Year IRR
-3.2%1
10-Year IRR
0.9%
Returns Index
1.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
12/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$40,800/yr
NOI
-$11,795/yr
Net Cash Flow
-$11,670/mo
Cash Margin
-343.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
-0.090
LTV Ratio
80.0%18
Vacancy Buffer
0.7 mo13
Risk Index
10.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 55 Port Street E 301

Time

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Data last updated within the past 24 hours.