- Bedrooms
- 2
- Bathrooms
- 3
- Size
- 1,200–1,399sq ft
- Per sq ft
- $691at the range’s middle
- Tax a year
- $2,8122026 tax year
- Built
- New
- Parking
- 11 underground
- Days on market
- Members
The brief
About 5-251 Masonry Way
5-251 Masonry Way is a 2-bedroom, 3-bathroom condo townhouse in Port Credit, Mississauga, listed for sale at an asking price of $897,345 (MLS® W14139920).
Experience modern luxury in Port Credit's prestigious Brightwater community! Unit 5 at The Mason Towns is a beautifully designed 4-storey, 2-bedroom, 2.5-bath residence offering 1,393 sq ft of stylish living space, complemented by 263 sq ft of outdoor space. This home is defined by sleek contemporary finishes and vinyl flooring throughout. The Kitchen features premium quartz countertops w/ matching backsplash, kitchen island and high-end integrated appliances including French door refrigerator. Plus, floor to ceiling windows allow for natural light throughout main floor. Each bedroom occupies its own private floor (second and third floors) offering spacious bedroom suites complete with 4 pc ensuites and walk-in closets- creating two beautifully appointed private retreats. Enjoy two private outdoor spaces, including a ground-floor patio and a private 4th-floor rooftop terrace. The Mason Towns residents have access to The Mason Condo building amenities, including Concierge, Co-working Lounge, Gym, Outdoor Courtyard with seating, Bike & Pet Wash, and Bike Storage. Brightwater is a vibrant master-planned waterfront community featuring 18 acres of greenspace, scenic trails, and over 300,000 sq ft of retail and dining at your doorstep. Enjoy a private shuttle to Port Credit GO Station, plus being just steps from the lake, parks, trails, Farm Boy, LCBO, restaurants, and everyday conveniences. Discover the ultimate blend of urban style and lakeside serenity.. Maintenance fees include: internet and parking maintenance fees.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall11/100−$2,547/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 20 homes with 2 bedrooms 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
- $2,812 / 2026
- MLS® number
- W14139920
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Building Age
- New
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 3-Storey
- Community
- Port Credit
- Municipality
- Mississauga
Building
- Size
- 1200-1399 sqft
- Building Age
- New
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 3
- Bathroom Details
- 1 × 2pc Main, 1 × 4pc 2nd, 1 × 4pc 3rd
- 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
- Refrigerator, Dishwasher, Range, Microwave, Stacked Washer and Dryer. Maintenance fees include: internet and parking maintenance fees.
- Condo maint.
- $869
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 0.0 × 0.0 m | Vinyl Floor, Open Concept, Large Window | Main |
| Kitchen | 0.0 × 0.0 m | Vinyl Floor, B/I Appliances, Centre Island | Main |
| Dining | 0.0 × 0.0 m | Vinyl Floor, Combined W/Kitchen, Open Concept | Main |
| Primary | 0.0 × 0.0 m | Vinyl Floor, 4 Pc Ensuite, W/I Closet | 3rd |
| 2nd Br | 0.0 × 0.0 m | Vinyl Floor, Large Window, W/I Closet | 2nd |
Listing history
Buy/sell history for 5-251 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 | $897,345 | N/A | For Sale | W14139920 |
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
- $179,469
- Total mortgage amount
- $717,876
- Total interest payment
- $510,324
- Total purchase cost
- $1,407,669
- Mortgage payment
- $4,094/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
70%Monthly carrying cost
$5,197- Rent $2,650
- Shortfall $2,547
Rental income opens at $2,650, the median asking rent of 20 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
- $14,422
- Total land transfer tax
- $14,422
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $10,422
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 $897,345
- $9,947
- Ontario total
- $14,422
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
- 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 21% 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.