220 MISSINNIHE Way 912, Mississauga

$968,800
220 MISSINNIHE Way 912

$968,800

New
3d
Condo ApartmentApartment

220 MISSINNIHE Way 912, Mississauga

Total Monthly Obligation $5,228

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
3d
Score
15
Yield
4.0%
Cash on Cash
-9.9%
Cap Rate
2.5%
5Y IRR
7.8%
10Y IRR
8.6%
Property Type-Condo Apartment
MLS® Number-W14097152
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$6,192.86 (2025)
Maintenance-$604.2/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-KINGSWAY REAL ESTATE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Foundation-Poured Concrete
Possession-TBA
Neighbourhood-Port Credit
Title-Residential Condo & Other

No agent assigned

**WELCOME TO SUITE 912 AT BRIGHTWATER CONDOS, WHERE LUXURY MEETS WATERFRONT LIVING IN THE HEART OF PORT CREDIT!** Imagine waking up every morning to breathtaking panoramic lake views, enjoying your coffee on your private balcony, & having the charm of Port Credit right at your doorstep! Welcome to a lifestyle you'll absolutely fall in love with! This beautifully designated **2-bedroom, 2-bathroom luxury condo** offers the perfect combination of elegance, comfort, & modern sophistication. From the moment you step inside, you'll appreciate the bright, spacious open-concept layout, stunning floor-to-ceiling windows, & an abundance of natural light that makes every corner feel warm and inviting. And here's something special! **TWO PRIVATE BALCONIES!** Whether you're enjoying a peaceful morning coffee, watching the sunset over the lake, or relaxing with your favourite drink after a long day, you'll have your own outdoor escape with beautiful panoramic lake views. **LOVE TO COOK OR ENTERTAIN?** You'll adore the gorgeous modern kitchen featuring sleek built-in appliances, generous counter space, & a beautiful centre island that's perfect for everything from casual breakfasts to entertaining family & friends. The seamless flow between the kitchen, dining, & living areas makes hosting effortless. Your primary bedroom is a peaceful retreat, complete with a spacious walk-in closet & a stylish 3-piece ensuite bathroom. The generously sized second bedroom offers wonderful flexibility, whether you need a guest bedroom, home office, or your own creative space. A second full bathroom, convenient in-suite laundry, & ample storage add to the everyday comfort. **BUT THE REAL MAGIC IS THE LIFESTYLE** Step outside and discover why Port Credit is one of Mississauga's most desirable waterfront communities! Take a relaxing stroll along the lake, explore the scenic trails of J.C. Saddington Park, enjoy weekend brunch at charming local restaurants, or meet friends for coffee.

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

Closing Costs

Mortgage Amount
$775,040
Land Transfer Taxes$15,851
Legal Fees (Est.)
$
Total cash required for closing$211,111

Total Monthly Obligation

$5,228/mo
Mortgage $3,908
Monthly Loss $4,200
Principal$1,028
Interest$2,880
Property Tax$516
Condo Fees$604
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.3%0
5-Year IRR
5.3%12
10-Year IRR
7.0%
Returns Index
7.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$39,000/yr
NOI
$19,257/yr
Net Cash Flow
-$2,303/mo
Cash Margin
-70.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
16.7/ 100

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

Comparables

Properties near 220 MISSINNIHE Way 912

Time

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Data last updated within the past 24 hours.