94-55 Lou Parsons Way
Port Credit, Mississauga, Ontario L5H 0B2
- Bedrooms
- 4+1
- Bathrooms
- 4
- Size
- 2,250–2,499sq ft
- Per sq ft
- $716at the range’s middle
- Tax a year
- $10,0092026 tax year
- Built
- New
- Parking
- 53 built-in
- Days on market
- Members
The brief
About 94-55 Lou Parsons Way
94-55 Lou Parsons Way is a 4+1-bedroom, 4-bathroom condo townhouse in Port Credit, Mississauga, listed for sale at an asking price of $1,699,900 (MLS® W14125824).
Experience elevated living in this 4+1 bedroom, 3+1 bathroom luxury townhome in the heart of Port Credit, Mississauga. Spanning the 2nd and 3rd floors, this home features two primary bedrooms with ensuite washrooms and walk-in closets, offering exceptional comfort and privacy. The living room is enhanced by a sleek electric fireplace, creating a warm and inviting atmosphere. The entire third floor functions as a private suite, ideal as a primary bedroom and home office, complete with two walkout terraces for full privacy and outdoor enjoyment. Additional highlights include motorized blinds in the living room, hardwood flooring throughout, and a 3-car garage with sensor lighting and automatic carbon monoxide exhaust. Enjoy unmatched convenience with free shuttle buses to Port Credit GO, and steps to Farm Boy, Loblaws, the marina, waterfront trails, parks, dining, and cafes. A rare opportunity for executive or family living in one of Mississauga's most desirable waterfront communities.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall14/100−$4,217/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 51 homes with 5 bedrooms for lease in Mississauga right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $10,009 / 2026
- MLS® number
- W14125824
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Building Age
- New
- Days on market
- Size
- 2250-2499 sqft
- Listed on
- Parking
- 3 Built-In, 5 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 3-Storey
- Community
- Port Credit
- Municipality
- Mississauga
Building
- Size
- 2250-2499 sqft
- Building Age
- New
- Construction
- Brick
Inside
- Bedrooms
- 4+1
- Bathrooms
- 4
- Bathroom Details
- 1 × 5pc 3rd, 1 × 5pc 2nd, 1 × 3pc 2nd, 1 × 2pc Ground
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Built-In
- Garage
- 3
- Additional Parking
- 2
- Total Parking
- 5
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- Yes
- Den
- Yes
- Family room
- Yes
- Extras
- All Appliances- Fridge, Gas Cook Top, Microwave, B/In Oven, Dishwasher, Washer, Dryer, Garage Door Opener and Remotes, All ELFS. Internet included in maintenance fees.
- Condo maint.
- $527
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.95 × 5.81 m | Electric Fireplace, W/O To Terrace, hardwood floor | Ground |
| Dining | 4.95 × 5.81 m | Electric Fireplace, W/O To Terrace, hardwood floor | Ground |
| 5th Br | 3.22 × 3.7 m | hardwood floor, Open Concept, Large Window | Ground |
| Kitchen | 2.76 × 3.55 m | B/I Appliances, Centre Island, Quartz Counter | Ground |
| Primary | 3.98 × 5.84 m | 5 Pc Ensuite, hardwood floor, W/I Closet | 2nd |
| 2nd Br | 2.87 × 3.07 m | hardwood floor, Large Window, Large Closet | 2nd |
| 3rd Br | 2.84 × 3.07 m | Large Closet, Large Window, hardwood floor | 2nd |
| Primary | 2.92 × 4.62 m | 5 Pc Ensuite, W/O To Terrace, W/I Closet | 3rd |
| Office | 2.18 × 3.78 m | W/O To Sundeck, Large Window, hardwood floor | 3rd |
Listing history
Buy/sell history for 94-55 Lou Parsons Way, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,699,900 | N/A | For Sale | W14125824 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $339,980
- Total mortgage amount
- $1,359,920
- Total interest payment
- $966,880
- Total purchase cost
- $2,666,780
- Mortgage payment
- $7,756/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
63%Monthly carrying cost
$9,117- Rent $4,900
- Shortfall $4,217
Rental income opens at $4,900, the median asking rent of 51 comparable homes for lease in Mississauga. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $30,473
- Total land transfer tax
- $30,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $26,473
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,699,900
- $25,998
- Ontario total
- $30,473
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Credit Valley Conservation’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m50 test or monitoring holes also recorded.250 m
- Bedrock about 3.4 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Credit Valley Conservation · Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home2
- Nearest rail line: 660 m660 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Ontario Clean Water Agency — Lorne Park Water Treatment Plant, 2.3 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 150 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (150 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.150 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Credit Valley Conservationor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under Credit Valley Conservation Open Data Licence v1.0.
The market
Condos for sale in Port Credit right now
- For sale now
- 14
- Median asking price
- $1.14M
- New in 7 days
- 4
- Price cuts
- 14%
Middle half: $935K to $1.55M
9 in 28 days
2 listings
This home is asking 49% above the median, higher than three quarters of them.
See all homes in Port CreditAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Port Credit GO | GO Transit train: Lakeshore West | 1.4 km |
| Clarkson GO | GO Transit train: Lakeshore West | 4.8 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Riverside Public SchoolPeel DSB | Public · grades JK–8 · French Immersion | 750 m | 46%Grade 6 average |
| St Luke Catholic Elementary SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 1.3 km | 81%Grade 6 average |
| Kenollie Public SchoolPeel DSB | Public · grades JK–8 | 1.6 km | 82%Grade 6 average |
| École élémentaire Horizon JeunesseConseil scolaire Viamonde | French-language public · grades JK–6 | 5.3 km | 99%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Port Credit Secondary SchoolPeel DSB | Public · grades 9–12 | 2.1 km | 70%Grade 9 math |
| Lorne Park Secondary SchoolPeel DSB | Public · grades 9–12 | 3.1 km | 74%Grade 9 math |
| Cawthra Park Secondary SchoolPeel DSB | Public · grades 9–12 | 3.9 km | 65%Grade 9 math |
| St Martin Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 4 km | 61%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Port Credit are shown to signed-in members.