
714- 220 Missinnihe Way, Mississauga
Port Credit · Investor guide
$579,900
Estimated Value
$730,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX WEALTH BUILDERS REAL ESTATE
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,050/mo
Based on Port Credit neighbourhood rental data for 2-bed Condo Apartment
Remarks
Suite 714 over 630 sq. ft. indoor living space at Brightwater Condos represents the type of opportunity buyers are actively searching for in today's market - functional design, premium finishes, and a location positioned for long-term lifestyle and value growth in the heart of Port Credit. This thoughtfully designed 1-bedroom + den, 2-bathroom residence offers an intuitive open-concept layout that feels both connected and comfortable from the moment you walk in. Floor-to-ceiling windows bring in natural light throughout the space, Step out onto your large over 100 sq. ft. private balcony overlooking Port Credit with a desirable north exposure, offering vibrant community views and an urban backdrop that captures the energy of one of Mississauga's most exciting waterfront neighborhoods. The kitchen is designed with both style and practicality in mind, featuring integrated appliances, generous prep space, and a centre island that naturally becomes the focal point for gathering. The spacious den offers exceptional flexibility for a home office, guest space, or additional living area - an increasingly valuable feature for today's buyers. The primary bedroom provides a calm and functional retreat complete with excellent storage and access to a contemporary ensuite bath, while the second washroom adds convenience and flexibility for guests and day-to-day living. Beyond the suite itself, Brightwater continues to establish itself as one of the GTA's most thoughtfully planned waterfront communities. Residents enjoy access to premium amenities including a fitness centre, elegant party lounge, outdoor terrace with BBQ areas, and beautifully designed communal spaces. Located steps to waterfront trails, J.C. Saddington Park, cafes, restaurants, Farm Boy, the Port Credit GO Station, and easy access to the QEW and Highway 403, this is a location that delivers both lifestyle convenience and long-term investment potential.
MississaugaInvestor.ca
714- 220 Missinnihe Way
Condo Apartment · 2bd/2ba · ~650 sqft
$579,900
Cash-Flow Report · August 1, 2026
Cap Rate
3.54%
Monthly Cash Flow
-$957/mo
Estimated Rent
$3,050/mo
Cash-on-Cash
-9.04%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,050 |
| Mortgage | −$2,669 |
| Property Tax | −$406 |
| Insurance | −$225 |
| Condo Fee | −$554 |
| Vacancy (5%) | −$153 |
| Cash Flow | -$957/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$36,600 |
| Vacancy (5%) | −$1,830 |
| Property Tax | −$4,871 |
| Insurance | −$2,700 |
| Condo Fee | −$6,648 |
| Annual NOI | $20,551 |
| Cap Rate | 3.54% |
Cash Required to Close
| Down Payment (20%) | $115,980 |
| Ontario Land Transfer Tax | $8,073 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $127,053 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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