No other neighbourhood in Mississauga inspires such warm feelings as Port Credit. If you grew up in the area, you’d have fond memories of summer days spent in what is commonly called Mississauga’s “Village on the Lake.” Moving here is like moving to a magical lakefront community unlike anywhere else in the GTA. If you’re looking for homes for sale in Ontario and Port Credit is catching your eye, look a little closer. You’ll like what you see.
More About Port Credit, Mississauga Real Estate
Port Credit is all about the waterfront, hence the word “port” in the name. Located just southeast of Mississauga’s city centre, Port Credit stretches for three kilometres along Lake Ontario. The neighbourhood is mainly residential, its industrial past well behind it, and it is split in two by its namesake Credit River.
Thought of as a day-trip vacation destination within the city limits, hundreds of Mississaugans flock to Port Credit to enjoy the waterfront in the summer. This keeps the city feeling lively and fresh on pretty much every sunny day. Port Credit hosts music and cultural festivals several times throughout the year that keep the community close and vibrant. Thanks to Port Credit’s fun-loving atmosphere and charm, people from all over Mississauga consider it the best neighbourhood in the city.
As you might expect, Port Credit is a popular place to live, and as more and more people move out of the dense downtowns of Toronto they’re looking at Port Credit as the obvious choice for a new home.
Port Credit, Mississauga Real Estate Market
Port Credit has some of the most sought-after homes for sale in the Mississauga real estate market. Most of the homes for sale in Port Credit were built in the 1960’s and 70’s just as the neighbourhood was transitioning away from an industry based economy. Thus Port Credit still retains an old-school working-class atmosphere. That being said, there are still plenty of newer homes to be had, including townhouses, duplexes, and condos. The majority of all homes in Port Credit are either one to two bedrooms, perfect for young professionals and retirees alike.
Though Port Credit saw its home prices soar along with every other GTA, appreciation rates are now settling back into their normal, pre-pandemic growth rates. Your average home for sale in Port Credit lists for 1.4 million dollars, which is just a bit more expensive than the GTA average. Bear in mind that Port Credit offers unbeatable access to Lake Ontario. Residents are never more than a ten-minute walk from the lakeshore, and there are plenty of public docks for anyone who likes to sail around Lake Ontario. The market is hot, and homes spend an average of only seven days on the market before they’re sold!
You’ll find Port Credit’s most valuable real estate to the north of the Credit River. These homes are spacious, with large yards both front and back, and many feature swimmings pools too! The town centre is also to the north side of the river, so anyone looking to cooperate in community events would find the north side of Port Credit the most convenient place to live.
If your aim is affordability and privacy, check out the south side of Port Credit. Here you’ll find quieter neighbourhoods, less traffic, but still plenty of amenities and things to do.
If you’re a young professional looking to move out of Toronto’s city centre, check out any of the condos in Port Credit, most of which are found north of the river. Condos for sale in Port Credit list anywhere from $700,000 to $900,000 with several luxury options approaching $2,000,000.
Port Credit was a growing market before the pandemic and is sure to continue growing even as the market cools off in 2022.
Schools in Port Credit, Mississauga
Being such a small neighbourhood, Port Credit has a limited number of schools, the majority of which are found on its northern side. The schools in Port Credit are managed by the Peel District School Board. Here’s a brief look at some of the top schools in the Port Credit neighbourhood.
Riverside Public School
- 30 John St N, Mississauga, ON L5H 2E8
Applewood Rainbow Montessori School
- 24 Stavebank Rd, Mississauga, ON L5G 2T5
Forest Avenue Public School
- 20 Forest Ave., Mississauga, L5G1K7
Transportation in Port Credit, Mississauga
Two roads form twin backbones of Port Credit. Lakeshore Rd West runs the whole length of the neighbourhood and it’s on this street that you’ll find most of Port Credit’s restaurants and cafes. Hurontario runs perpendicular to Lakeshore Rd and connects the neighbourhood directly to Mississauga’s city centre. The GO train connects right in downtown so commuting in and out of Toronto is no problem. What Port Credit has to offer that other Mississauga neighbourhoods don’t is its access to Lake Ontario. Whether you like water sports or Saturday cruises, if you have a boat Port Credit should be your number one Port-of-Call.
Life in Port Credit, Mississauga
Port Credit is far from a sleepy suburb or a bustling downtown. Really it’s like a perpetual resort village that everyone in Mississauga appreciates. Whether you’re interested in enjoying all the fantastic restaurants along Lakefront rd or community events like the Southside Shuffle Blues and Jazz festival, you’ll find there’s always something going on in Port Credit. Alternatively, if you want to fly solo and enjoy the neighbourhood, grab a kayak or paddleboard and see how far you can make it up the Credit River.
FAQ about Port Credit
Where is the nearest airport?
The Toronto Pearson International Airport is 23 km or 19 minutes from Port Credit, Mississauga.
What is the postal code?
L5G is the postal code for Port Credit, Mississauga.
What is the average home price?
The average home price in Port Credit, Mississauga is $1.4 million.
Where is the nearest hospital?
The Trillium Health Partners- Mississauga Hospital is 3.3 km or 6 minutes from Port Credit.