251 Masonry Way #616, Mississauga

Name: 251 Masonry Way, Unit 616
SKU: W14140236
Price: 679646 CAD
Availability: InStock

2 Bed, 2 Bath Condo in Mississauga

Unit 616 at 251 Masonry Way

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!

2 bedrooms, 2 bathrooms, about 800 sq ft, works out to roughly $850 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 251 Masonry Way #616

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 800-899 sq ftas stated on the listing
Parking: 1 spaceYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 1

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

251 Masonry Way #616 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Nov 2, 2026For saleListedThis listingMLS® W14140236$679,646

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 251 Masonry Way #616 Compares to the Mississauga Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 3,813 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Mississauga market, last 90 days

Median sold price: $875,000
Average sold price: $947,506
Average days on market: 34
Homes sold: 2,178

Closed sales on the TRREB MLS®.

Full Mississauga market report

Market pulse · Mississauga

Mississauga market

Median sold price$875,000Last 90 days
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio97.6%On average, homes sold below asking.
Active listings2,875Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 6 – Aug 4, 2026: prices down.

Based on 2,178 sales from Aug 4 – Nov 2, 2026 (1,615 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Mississauga

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 616 — 251 Masonry Way 2 bd · 2 ba · 800 sqft	$679,646asking	$850	—	—
39 Stavebank Road 2 bd · 1 ba · 1,200 sqft
3351 Cawthra Road 1 bd · 1 ba · 800 sqft
90 Absolute Avenue 1 bd · 1 ba · 600 sqft
32 Tannery Street 2 bd · 2 ba · 800 sqft
350 Rathburn Road 2 bd · 2 ba · 1,000 sqft
80 Port Street 1 bd · 1 ba · 900 sqft

39 Stavebank Road
2 bd · 1 ba · 1,200 sqft
3351 Cawthra Road
1 bd · 1 ba · 800 sqft
90 Absolute Avenue
1 bd · 1 ba · 600 sqft
32 Tannery Street
2 bd · 2 ba · 800 sqft
350 Rathburn Road
2 bd · 2 ba · 1,000 sqft
80 Port Street
1 bd · 1 ba · 900 sqft

More in this building

5 for sale · 4 for rent at 251 Masonry Way — plus its sale and lease history.

See all of 251 Masonry Way

Living in Mississauga: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Port Credit GO StationLakeshore West GO1.3 km16 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Port Credit GO Station (Lakeshore West GO)16 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Port Credit GO Station
1.3 km16 minClosest· Lakeshore West GO
Homes near Port Credit GO Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 251 Masonry Way #616. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 251 Masonry Way #616

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,339; 20% down · 25 years · 5.5% assumed
Property tax: $374; 0.66% mill rate · ON
Total per month: $3,713; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,339

/mo

based on the purchase price of $679,646

Down payment20%

$135,929 cash

Amortization25 yr

$543,717 financed

Rate5.50%

$457,952 total interest

Principal54%$543,717

Interest46%$457,952

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

Book a tour of 251 Masonry Way #616 with a licensed buyer's agent

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Questions About 251 Masonry Way #616

How much is 251 Masonry Way #616 listed for?

251 Masonry Way #616 is listed at $679,646 (MLS® W14140236). Summitly updates the price as soon as the MLS® record changes.

Is $679,646 a good price for 251 Masonry Way #616?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Mississauga. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 251 Masonry Way #616 changed?

No — 251 Masonry Way #616 is still listed at its original asking price of $679,646.

How many bedrooms and bathrooms does 251 Masonry Way #616 have?

251 Masonry Way #616 has 2 bedrooms and 2 bathrooms, with about 800–899 square feet of living space. It is a condo in Mississauga.

Is 251 Masonry Way #616 close to transit?

The nearest rapid-transit station is Port Credit GO Station (Lakeshore West GO), about 1.3 km (about a 16-minute walk) in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 251 Masonry Way #616?

About $3,339 a month — principal and interest on $679,646 with 20% down ($135,929), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 251 Masonry Way #616 compare with other homes in Mississauga?

Its asking price of $679,646 is about 22% below the median sold price in Mississauga over the last 90 days, $875,000, across 2,178 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 251 Masonry Way #616 been sold before?

Summitly has no earlier MLS® sale or lease of 251 Masonry Way #616 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 251 Masonry Way #616?

251 Masonry Way #616 is in Mississauga, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 251 Masonry Way #616 been on the market?

251 Masonry Way #616 was listed today (November 2, 2026).

What is the price per square foot of 251 Masonry Way #616?

About $756 to $850 per square foot: the asking price of $679,646 over the 800–899 sq ft the listing gives as its size range.

Does 251 Masonry Way #616 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

What you should know