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55 - 40 Lou Parsons Way
Port Credit, Mississauga
$1,788,000
Lakeside luxury in the heart of Port Credit - welcome to Brightwater Towns. This stunning 3-bedroom townhome sits right on the water, offering bright, modern living just steps from the lake. Sun-filled open-concept principal rooms flow to a private outdoor space, while the chef's kitchen features quartz counters, a waterfall-edge island and premium built-in appliances. The spa-inspired bathrooms are finished with sleek glass shower enclosures, and the primary retreat offers a serene escape with its own ensuite and ample closet space. Wide-plank flooring, oversized windows and elevated designer finishes run throughout.Set within the 72-acre Brightwater master-planned waterfront community by Kilmer, Dream, DiamondCorp and Fram + Slokker, this is lakefront living at its finest. Walk out to waterfront trails, the marina and J.C. Saddington Park, with Farm Boy, Loblaws, cafés and restaurants at the Brightwater Marketplace right at your door. Enjoy the free on-demand EV shuttle to Port Credit GO, smart-home tech, community Wi-Fi and five new parks - with the vibrant shops and patios of Port Credit village just minutes away. A rare opportunity to own on the water in one of Mississauga's most coveted communities.
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| Type | Condo Townhouse |
| Style | 3-Storey |
| Approx. Age | New |
| Size | 2250-2499 sq. ft. |
| Maintenance Fees | $523 |
| Locker | None |
| Balcony | Terrace |
| Exposure | South West |
| Parking Type | Built-In |
| Parking Spaces | 4 |
| Parking Features | Private |
| Property Tax | $9,400 |
| mls© Number | W13432972 |
| Listed By | IRISE |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $9,152
- Property tax
- $783
- Heat allowance
- $150
- Condo fees, half counted
- $262
- Housing costs
- $10,347 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$318,000
gross annual household income
- Payment at 4%
- $7,524 / mo
- Cash down
- $357,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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