3900 Confederation Parkway Unit 215, Mississauga

Price: $559,000

3 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: W13049642

Experience Luxury! A spacious and upgraded corner podium unit at M City 1 offering 853 sq. ft. of interior living space plus an impressive 256 sq. ft. wraparound balcony. This well-maintained 2-bedroom plus den suite features laminate flooring throughout, stainless steel kitchen appliances, an open-concept layout, and an upgraded kitchen island that adds both prep space and functionality for everyday cooking and entertaining. The large primary bedroom includes its own private ensuite, while the expansive L-shaped balcony offers stunning views and exceptional outdoor living space. A rare bonus, this unit comes with 2 side-by-side parking spots and 1 locker. Residents enjoy endless building amenities including a 24-hour concierge, gym, pool, party room, guest suites, library, and underground parking. Unbeatable location just steps to Square One, close to public transit including and minutes to major highways A perfect blend of comfort, style, space, and convenience in one of Mississauga's most sought-after communities.

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New Listing
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$559,000 - 3900 Confederation Parkway Unit 215, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday
3Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
W13049642
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Experience Luxury! A spacious and upgraded corner podium unit at M City 1 offering 853 sq. ft. of interior living space plus an impressive 256 sq. ft. wraparound balcony. This well-maintained 2-bedroom plus den suite features laminate flooring throughout, stainless steel kitchen appliances, an open-concept layout, and an upgraded kitchen island that adds both prep space and functionality for everyday cooking and entertaining. The large primary bedroom includes its own private ensuite, while the expansive L-shaped balcony offers stunning views and exceptional outdoor living space. A rare bonus, this unit comes with 2 side-by-side parking spots and 1 locker. Residents enjoy endless building amenities including a 24-hour concierge, gym, pool, party room, guest suites, library, and underground parking. Unbeatable location just steps to Square One, close to public transit including and minutes to major highways A perfect blend of comfort, style, space, and convenience in one of Mississauga's most sought-after communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,867.96/mo

Includes CMHC insurance ($15,596)

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5-yr fixed avg.

Principal: $503,100Interest: $341,692
Mortgage Amount$518,696
Total Interest$341,692
Est. Property Tax$396/mo
Total Cost$860,388

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Mississauga

Discover Mississauga

Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Mississauga

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

3900 Confederation Parkway Unit 215, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$520
Property Tax (est.)-$396
Insurance (est.)-$116
Net Cash Flow+$1,568

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $699/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

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