3975 Grand Park Drive Unit 4803, Mississauga

Price: $1,088,888

4 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: W13061024

Rarely offered largest suite in the building! Exceptional multi-level residence offering 2,257 sq ft total (1,637 sq ft interior + 273 sq ft balcony + 347 sq ft terrace) in sought-after Grand Park Condos. Featuring extravagant finishes throughout and breathtaking unobstructed lake views , this penthouse layout includes 3 spacious bedrooms plus an upper-level office/den. Designer kitchen with large quartz island and stainless steel appliances. Enjoy a massive private upper terrace with BBQ hookup plus a second balcony on the main level for seamless indoor-outdoor living. Located in the heart of Mississauga, steps to Square One, groceries, shops, and transit. Premium amenities include indoor pool, sauna, jacuzzi, media room, and party room. Includes owned parking and locker.

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$1,088,888 - 3975 Grand Park Drive Unit 4803, Mississauga

Condo for Sale in Mississauga

45 days on market
4Beds
3Baths
1,600Sq Ft
Condo
Property Details
MLS Number
W13061024
Property Type
Condo
Status
active
Days on Site
45
Bedrooms
4
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
RE/MAX GOLD REALTY INC.
Description

Rarely offered largest suite in the building! Exceptional multi-level residence offering 2,257 sq ft total (1,637 sq ft interior + 273 sq ft balcony + 347 sq ft terrace) in sought-after Grand Park Condos. Featuring extravagant finishes throughout and breathtaking unobstructed lake views , this penthouse layout includes 3 spacious bedrooms plus an upper-level office/den. Designer kitchen with large quartz island and stainless steel appliances. Enjoy a massive private upper terrace with BBQ hookup plus a second balcony on the main level for seamless indoor-outdoor living. Located in the heart of Mississauga, steps to Square One, groceries, shops, and transit. Premium amenities include indoor pool, sauna, jacuzzi, media room, and party room. Includes owned parking and locker.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,816.52/mo

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5-yr fixed avg.

Principal: $871,110Interest: $573,845
Mortgage Amount$871,110
Total Interest$573,845
Est. Property Tax$771/mo
Total Cost$1,444,955

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

3975 Grand Park Drive Unit 4803, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,640/mo
Range: $3,094 - $4,186
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,640
Maintenance Fees-$1,040
Property Tax (est.)-$771
Insurance (est.)-$227
Net Cash Flow+$1,602

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 $681/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.

Market Position

At 45 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

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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    3975 Grand Park Drive Unit 48… — $1,088,888 | Battaglia Team