- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500–599sq ft
- Per sq ft
- $874at the range’s middle
- Tax a year
- $1,8612025 tax year
- Built
- New
- Parking
- 11 underground
- Days on market
- Members
The brief
About 201-251 Masonry Way
201-251 Masonry Way is a 1-bedroom, 1-bathroom condo in Port Credit, Mississauga, listed for sale at an asking price of $480,531 (MLS® W13867526).
Welcome to Suite 201 at The Mason in Brightwater- a rare opportunity to live in one of Mississauga's most sought-after waterfront communities. This beautifully designed 1-bedroom residence offers 564 sq. ft. of interior living space plus an impressive 283 sq. ft. private terrace, creating an expansive 847 sq. ft. total living experience with stunning south-facing views. Featuring large floor-to-ceiling windows, laminate flooring throughout, and a modern open-concept design, this suite offers a stylish and comfortable living space. The kitchen includes stainless steel integrated appliances and a spacious island that can double as a dining area. Additional features include a stackable washer and dryer and a large 4-piece bathroom. Enjoy your oversized terrace, perfect for outdoor dining, entertaining, or relaxing while taking in the views. Residents are steps from parks, trails, the waterfront, Port Credit Marina and tons of restaurants and shopping! Brightwater offers a truly walkable lifestyle with everyday conveniences at your doorstep, including Farm Boy, LCBO, Rexall, and the newly opened Mercado. PLUS a private resident- only shuttle to the Port Credit Go Station makes staying connected easy. Experience modern waterfront living surrounded by nature, amenities, and everything Port Credit has to offer. Maintenance includes parking, locker and internet
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall40/100−$560/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 8 condos with 1 bedroom for lease in Port Credit 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
- $1,861 / 2025
- MLS® number
- W13867526
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- New
- Days on market
- Size
- 500-599 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Port Credit
- Municipality
- Mississauga
Building
- Size
- 500-599 sqft
- Building Age
- New
- Construction
- Brick
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Fully Integrated Refrigerator and Dishwasher with Panelled Doors to Match Kitchen Cabinetry, Slide-in Range, Over the Range Stainless Steel Microwave, Stacked Washer and Dryer.
- Condo maint.
- $462
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 2.98 × 5.63 m | Laminate, Combined W/Dining, Large Window | Main |
| Dining | 2.98 × 5.63 m | Combined W/Kitchen, B/I Appliances, Open Concept | Main |
| Primary | 3.13 × 3.5 m | Laminate, 3 Pc Ensuite, Large Window | Main |
Listing history
Buy/sell history for 201-251 Masonry 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 | $480,531 | N/A | Pc | W13867526 |
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
- $96,106
- Total mortgage amount
- $384,425
- Total interest payment
- $273,475
- Total purchase cost
- $754,006
- Mortgage payment
- $2,193/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
40%Monthly carrying cost
$2,810- Rent $2,250
- Shortfall $560
Rental income opens at $2,250, the median asking rent of 8 comparable homes for lease in Port Credit. 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
- $6,086
- Total land transfer tax
- $6,086
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,086
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 $480,531
- $1,611
- Ontario total
- $6,086
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 m64 test or monitoring holes also recorded.250 m
- Bedrock about 3.2 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: 520 m520 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, 2.4 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 5 federal contaminated sites within 1 kmAll of them are closed. The federal inventory covers federal land only, not 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
- 55
- Median asking price
- $699K
- New in 7 days
- 5
- Price cuts
- 16%
Middle half: $549K to $842K
19 in 28 days
9 listings
This home is asking 31% below the median, lower 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 | 1.3 km |
| Clarkson GO | GO Transit train: Lakeshore West | 4.9 km |
| Cooksville GO | GO Transit train: Milton | 5 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 | 550 m | 46%Grade 6 average |
| St Luke Catholic Elementary SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 1.2 km | 81%Grade 6 average |
| Kenollie Public SchoolPeel DSB | Public · grades JK–8 | 1.4 km | 82%Grade 6 average |
| École élémentaire Horizon JeunesseConseil scolaire Viamonde | French-language public · grades JK–6 | 5.4 km | 99%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Port Credit Secondary SchoolPeel DSB | Public · grades 9–12 | 2 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 | 3.7 km | 65%Grade 9 math |
| St Martin Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 3.8 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
Similar Active Listings
Recently sold nearby
Sold prices in Port Credit are shown to signed-in members.