4065 Confederation Parkway Unit 1008, Mississauga

Price: $799,800

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W11948520

Located in the heart of Mississauga, this stunning corner unit offers the perfect blend of modern comfort and practicality. With a highly sought-after southeast exposure and soaring 9-foot ceilings, the space feels open and airy throughout. The unit features 3 spacious bedrooms and 2 well-appointed bathrooms, along with two large balconies. The first balcony spans the two bedrooms and living room, providing two convenient exits, while the second is a private retreat off the master bedroom, offering breathtaking panoramic views of the Toronto skyline and Lake Ontario.The open-concept living area flows seamlessly into a sleek, modern kitchen equipped with stainless steel GE appliances, a generous center island, and elegant quartz countertops. Floor-to-ceiling windows are adorned with stylish roller blinds, maximizing natural light while maintaining privacy. Residents have access to top-tier amenities, including a two-storey basketball court, kids' playground, dedicated workspace, state-of-the-art gym, party room, outdoor BBQ area, and 24-hour security. This unbeatable location is just a short walk to Square One, Celebration Square, the YMCA, Go Transit Terminal, Sheridan College, the library, and a variety of restaurants. Quick access to highways 403 and 401 adds to the convenience. **EXTRAS** Basketball court, kids playground, workspace, gym, party room, outdoor BBQ area.24 hour security.

4065 Confederation Parkway Unit 1008 - Condo photo 1 of 18 in Mississauga, Ontario
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$799,800 - 4065 Confederation Parkway Unit 1008, Mississauga

Condo for Sale in Mississauga

141 days on market
3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W11948520
Property Type
Condo
Status
active
Days on Site
141
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

Located in the heart of Mississauga, this stunning corner unit offers the perfect blend of modern comfort and practicality. With a highly sought-after southeast exposure and soaring 9-foot ceilings, the space feels open and airy throughout. The unit features 3 spacious bedrooms and 2 well-appointed bathrooms, along with two large balconies. The first balcony spans the two bedrooms and living room, providing two convenient exits, while the second is a private retreat off the master bedroom, offering breathtaking panoramic views of the Toronto skyline and Lake Ontario.The open-concept living area flows seamlessly into a sleek, modern kitchen equipped with stainless steel GE appliances, a generous center island, and elegant quartz countertops. Floor-to-ceiling windows are adorned with stylish roller blinds, maximizing natural light while maintaining privacy. Residents have access to top-tier amenities, including a two-storey basketball court, kids' playground, dedicated workspace, state-of-the-art gym, party room, outdoor BBQ area, and 24-hour security. This unbeatable location is just a short walk to Square One, Celebration Square, the YMCA, Go Transit Terminal, Sheridan College, the library, and a variety of restaurants. Quick access to highways 403 and 401 adds to the convenience. **EXTRAS** Basketball court, kids playground, workspace, gym, party room, outdoor BBQ area.24 hour security.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,103.39/mo

Includes CMHC insurance ($22,314)

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5-yr fixed avg.

Principal: $719,820Interest: $488,882
Mortgage Amount$742,134
Total Interest$488,882
Est. Property Tax$567/mo
Total Cost$1,231,017

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

4065 Confederation Parkway Unit 1008, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$1,361

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

Fair Market Value

At $889/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.

Negotiation Opportunity

At 141 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.

Efficient Living

At 900 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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    4065 Confederation Parkway Unit 1008 | $799,800 | Battaglia Team