- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 800–899sq ft
- Per sq ft
- $800at the range’s middle
- Tax a year
- $2,5642025 tax year
- Built
- New
- Parking
- 11 underground
- Days on market
- Members
The brief
About 616-251 Masonry Way
616-251 Masonry Way is a 2-bedroom, 2-bathroom condo in Port Credit, Mississauga, listed for sale at an asking price of $679,646 (MLS® W14140236).
Discover contemporary waterfront living at The Mason, a boutique condominium in the heart of Brightwater's vibrant Port Credit community. Suite 616 is a beautifully designed, south-facing, 2-bed, 2-bath corner suite. It offers 816 sq. ft. of interior space, plus a generous 125 sq. ft. private balcony. A functional split-bedroom layout, laminate flooring throughout, 9 ft. ceilings with smooth finishes, and floor-to-ceiling windows create a bright and inviting setting. The sleek kitchen features paneled appliances, quartz countertops with a matching backsplash, and a practical island that connects seamlessly to the open-concept living and dining area. Retreat to the primary bedroom, complete with a walk-in closet and 3-piece ensuite, or unwind outdoors while taking in peaceful water views! Enjoy life within Brightwater's thoughtfully planned waterfront community, with the lake, parks, trails, Farm Boy, LCBO, and everyday conveniences just steps away. Explore Port Credit's charming shops, cafés, and restaurants, and stay connected with a private, residents-only shuttle to Port Credit GO Station. A beautiful blend of boutique living, waterfront surroundings, and everyday convenience!
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall29/100−$1,241/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 10 condos 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
- $2,564 / 2025
- MLS® number
- W14140236
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- New
- Days on market
- Size
- 800-899 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Port Credit
- Municipality
- Mississauga
Building
- Size
- 800-899 sqft
- Building Age
- New
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc Flat, 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 Paneled Doors to Match Kitchen Cabinetry, Slide-in Range, Over the Range Stainless Steel Microwave, Stacked Washer and Dryer. Maintenance fees include: internet, parking and locker.
- Condo maint.
- $701
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.32 × 5.51 m | Laminate, Open Concept, Large Window | Main |
| Kitchen | 4.32 × 5.51 m | Combined W/Dining, B/I Appliances, Open Concept | Main |
| Dining | 4.32 × 5.51 m | Combined W/Kitchen, Laminate, Large Window | Main |
| Primary | 3.04 × 2.95 m | W/I Closet, 3 Pc Ensuite, Laminate | Main |
| 2nd Br | 2.62 × 3.04 m | Laminate, Large Window, Closet | Main |
Listing history
Buy/sell history for 616-251 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 | $679,646 | N/A | For Sale | W14140236 |
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
- $135,929
- Total mortgage amount
- $543,717
- Total interest payment
- $386,583
- Total purchase cost
- $1,066,229
- Mortgage payment
- $3,101/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
52%Monthly carrying cost
$4,016- Rent $2,775
- Shortfall $1,241
Rental income opens at $2,775, the median asking rent of 10 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
- $10,068
- Total land transfer tax
- $10,068
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $6,068
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 $679,646
- $5,593
- Ontario total
- $10,068
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 3% below the median.
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.