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New Construction for Sale in Mississauga
- MLS Number
- W13154940
- Property Type
- New Construction
- Status
- active
- Days on Site
- 23
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- BAY STREET GROUP INC.
Luxury Lower Penthouse Suite In The Heart Of Mississauga Featuring A Bright & Functional Split Two Bedroom/Two Bathroom Layout With Incredible Unobstructed South Exposure From Every Room. Thoughtfully Designed With A Spacious, Square Layout, 9 Ft Ceilings, Floor-To-Ceiling Windows & Exceptional Natural Light Throughout. Enjoy Two Private Terraces (Approx. 175 + 78 Sq Ft) Perfect For Relaxing Or Entertaining With Stunning Open South Views. Elegant Open Concept Living & Dining Area, Modern Kitchen With Granite Countertops & High-End Stainless Steel Appliances, Hardwood Flooring Throughout & Premium Finishes. Bright Primary Bedroom Features A Walk-In Closet & 4-Piece Ensuite. Includes 1 Parking & 1 Locker. Situated In One Of Mississauga's Most Vibrant Urban Communities, Just Steps To Square One Shopping Centre, Celebration Square, YMCA of Greater Toronto, Sheridan College, Central Library, Restaurants, Transit & Major Highways. Exceptional Walkability With Everything You Need Right At Your Doorstep.
Estimate your monthly payments for this property
Estimated Payment
$3,329.71/mo
Includes CMHC insurance ($18,107)
5-yr fixed avg.
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.
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
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.
4055 Parkside Village Drive Unit Lph 5, Mississauga
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $811/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 23 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.
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.
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.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,704 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.