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The Best Place to Invest in Real Estate: Port Credit

Updated: Apr 22, 2021

Located on the waterfront of the bustling city of Mississauga lies the peaceful community of Port Credit. This neighbourhood has great options for both shopping and dining. The neighbourhood is surrounded by beautiful homes, an abundance of green space and of course, the picturesque Lake Ontario waterfront. The best places to develop and invest in real estate are neighbourhoods where you would want to live, and I am sure Port Credit will check all your boxes.

Easy access to public transit. Port Credit is the primary waterfront neighbourhood of Mississauga situated between Oakville and Etobicoke. Port Credit may seem far on the map, but it is only a 20-minute drive from the heart of Downtown Toronto, or you can opt to use the Port Credit GO Station, which makes travelling extremely convenient. At the time of writing this article, we are in the middle of the Covid-19 pandemic, and travelling is not on our minds; however, when we are finally able to travel, the Pearson International Airport is in close proximity and will take you almost anywhere in the world.

An attractive downtown. This area is very walkable and has excellent amenities. Get your caffeine fix at the centrally-located Starbucks and talk a walk along the waterfront nature trails. This neighbourhood is a great mix of urban and rural with its tree-lined streets and parks and still having all the things you need in a big city. There are many great places to eat like Snug Harbour, a waterside seafood restaurant with views of the nearby marina; blue crab cakes, fish tacos and sea scallops are only a few of the items on the menu. All your necessities are within walking distance; for groceries, you have Longo's and Rabba Fine Foods within walking distance and Whole Foods a short drive away, Shoppers Drug Mart is available for medication and all your major banks are located in the area. Port Credit overall has a beautiful atmosphere with a waterfront, local shops and dining and all your necessities centrally located. You can walk, drive or use public transportation for all your needs; if you want to develop in the area, these will all be significant assets for potential residents.

Endless shopping options. If you need some serious retail therapy a 10-minute drive away is the largest mall in Ontario and the second-largest in the country, Square One Shopping Centre. This shopping centre has everything you will ever need with over 360 stores. H&M, Uniqlo and COS are just a few of the many affordable options. If you have a bigger budget there is a huge Holt Renfrew department store, Harry Rosen and Rolex. You have truly got everything you could ever need. There is truly something for every type of resident and is conveniently located so close to the Port Credit community.

The future of Port Credit. This neighbourhood is fairly undeveloped leaving endless development opportunities. However this will not last long, all around there are huge developments happening. Mississauga is starting huge development projects around the Square One shopping centre created a whole new community and expanding its downtown core. Brightwater is a new waterfront community that will soon be built in Port Credit and will include over 2500 luxury condominium units, over 400 townhomes, and 300,000 square feet of brand new retail, restaurants and offices. This is only the beginning for Port Credit and it will only continue to be in need to of new developments especially with the easy access to the GO train and all the development happening in nearby communities.

Public space at Brightwater

image courtesy of Port Credit West Village Partner

Many development opportunities. The type of development opportunities vary widely, older homes are being demolished and replaced with luxury homes, new condominiums with terraces are being built all being great development opportunities. This neighbourhood is looking for fresh and modernized buildings that still reflect the natural landscape, no more boring 100% concrete towers. The best assets communities want are beautifully designed buildings whether that is a condominium, shopping plaza or single-family home. People want nice designs, a walkable community and to still keep as much natural landscape as possible. Any development that stays true to those values will do incredibly well in the up-and-coming neighbourhood of Port Credit.

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