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$499K · 1 bed Condo Apartment · Unit 201, The Mason, 251 Masonry Way, Mississauga, Ontario L5H 0B3 | HomeSearchCanada

$499,000

Unit 201

65 DOM

1165d

Map

DOM 65

Waterfront

$499,000

DOM65days

Unit 201

The Mason · 251 Masonry Way · Mississauga · Ontario L5H 0B3

MLS® W13515566 · Port Credit · L5H 0B3

11Vacant500-599 ft²Condo ApartmentNoneNo basement65d$908/ft²$1,861 tax/yrNew buildNo basement

65 days on market

About this home

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 s…

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Property details

MLS#: W13515566
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1
Baths: 1 full, 0 half
Rooms: 3
Kitchens: 1
Size: 500-599Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: Approx. New yrs

Occupancy: Vacant
Washrooms: 4 pc · Flat
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Property features: Lake Access, Library, Marina, Park, Public Transit, Waterfront

View: Lake

Waterfront: Yes

Building name: The Mason
Condo corp #: 1198
Balcony: Terrace
Locker: Owned
Association amenities: Bus Ctr (WiFi Bldg), Concierge, Exercise Room, Gym, Party Room/Meeting Room, Visitor Parking
Fees include: Common Elements Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 0 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Exterior: Brick, Concrete
Fronting on: —
Cross street: MISSISSAUGA RD/ LAKESHORE RD
Stories: 2
Utilities: —
Laundry: In-Suite Laundry
Laundry level: Main Level
Interior: Carpet Free
Parking features: None

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: BAKER REAL ESTATE INCORPORATED

Source: TRREB/PROPTX · MLS® W13515566

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$499K

Unit 201 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $499,000✓ $1,861 tax✓ Gas✓ 500-599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,352/mo

incl. closing costs (yr 1)

Annual total

$52,221

year 1

Mortgage only

$1,893/mo

principal + interest

Beyond mortgage

$1,462/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$99,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$155/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~550 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,990/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$38/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,455

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)44% $22,717/yr

Property taxes16% $8,316/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance10% $4,990/yr

Condo fees11% $5,539/yr

Closing costs10% $5,100/yr

Mortgage is 44% of your true cost of ownership. The other 56% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$22,717	$1,893/mo
Government & taxes
Property tax	$1,861	$155/mo
Land transfer tax(closing)	$6,455	$538/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,990	$416/mo
Condo fees
Condo / HOA fees	$5,539	$462/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$52,221	$4,352/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 201

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs