3900 Confederation Parkway Unit 6005, Mississauga

Price: $789,000

3 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W12748874

Luxurious 2-Storey Penthouse in the Heart of Mississauga. Step into this elegant 2-storey corner penthouse unit featuring 2+1 bedrooms, 2.5 baths + 2 parking spaces designed for elevated urban living. The bright & spacious living/dining area is seamlessly connected to an open-concept kitchen, perfect for entertaining. Floor-to-ceiling windows flood the space with natural light and a walkout leads to one of two expansive balconies with stunning views of Lake Ontario and the city skyline. Enjoy a total of 400 sq ft of private outdoor space across 2 wraparound balconies, one on each level. The main floor also includes a versatile office/den with expansive windows and inspiring views, ideal for remote work or a quiet reading space and a powder room. Upstairs, the primary bedroom features a 4-pc ensuite, walk-in closet & balcony access. The 2nd bedroom also offers balcony access and expansive windows, and 3-pc bathroom. An upper-level laundry area adds functionality & ease. The home is finished with 9' smooth ceilings in principal rooms & wide plank high-performance laminate wood flooring, combining comfort, style and function. Residents enjoy world-class amenities including a 24-hr concierge, hotel-style lobby, state-of-the-art fitness center, outdoor pool with shallow deck, party rooms, sports bar, cozy lounge areas with fireplaces, indoor/outdoor children's playgrounds & splash pad, saunas, seasonal outdoor skating rink, rooftop terrace with BBQs & dining area and a multi-purpose games room with private chefs kitchen & dining space. Extras include 2 parking spaces located on the P1 level and 1 storage locker. Parking & amenities are included in the maintenance fee. This residence is just steps from Square One Shopping Centre, fine dining, entertainment, public transit, Sheridan College & University of Toronto Mississauga campus, with easy access to major highways. Rare opportunity to own a true luxury penthouse in one of Mississauga's most sought-after communities.

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$789,000 - 3900 Confederation Parkway Unit 6005, Mississauga

Condo for Sale in Mississauga

106 days on market
3Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W12748874
Property Type
Condo
Status
active
Days on Site
106
Bedrooms
3
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
Royal LePage Real Estate Services Ltd., Brokerage
Description

Luxurious 2-Storey Penthouse in the Heart of Mississauga. Step into this elegant 2-storey corner penthouse unit featuring 2+1 bedrooms, 2.5 baths + 2 parking spaces designed for elevated urban living. The bright & spacious living/dining area is seamlessly connected to an open-concept kitchen, perfect for entertaining. Floor-to-ceiling windows flood the space with natural light and a walkout leads to one of two expansive balconies with stunning views of Lake Ontario and the city skyline. Enjoy a total of 400 sq ft of private outdoor space across 2 wraparound balconies, one on each level. The main floor also includes a versatile office/den with expansive windows and inspiring views, ideal for remote work or a quiet reading space and a powder room. Upstairs, the primary bedroom features a 4-pc ensuite, walk-in closet & balcony access. The 2nd bedroom also offers balcony access and expansive windows, and 3-pc bathroom. An upper-level laundry area adds functionality & ease. The home is finished with 9' smooth ceilings in principal rooms & wide plank high-performance laminate wood flooring, combining comfort, style and function. Residents enjoy world-class amenities including a 24-hr concierge, hotel-style lobby, state-of-the-art fitness center, outdoor pool with shallow deck, party rooms, sports bar, cozy lounge areas with fireplaces, indoor/outdoor children's playgrounds & splash pad, saunas, seasonal outdoor skating rink, rooftop terrace with BBQs & dining area and a multi-purpose games room with private chefs kitchen & dining space. Extras include 2 parking spaces located on the P1 level and 1 storage locker. Parking & amenities are included in the maintenance fee. This residence is just steps from Square One Shopping Centre, fine dining, entertainment, public transit, Sheridan College & University of Toronto Mississauga campus, with easy access to major highways. Rare opportunity to own a true luxury penthouse in one of Mississauga's most sought-after communities.

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Estimated Payment

$4,047.98/mo

Includes CMHC insurance ($22,013)

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5-yr fixed avg.

Principal: $710,100Interest: $482,281
Mortgage Amount$732,113
Total Interest$482,281
Est. Property Tax$559/mo
Total Cost$1,214,394

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 6005, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$559
Insurance (est.)-$164
Net Cash Flow+$1,387

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 $789/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.

Negotiation Opportunity

At 106 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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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    3900 Confederation Parkway Unit 6005 | $789,000 | Battaglia Team