4070 Confederation Parkway Unit 3408, Mississauga

Price: $399,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13148496

Welcome to this bright and spacious Beautiful Apartment on premium level, Consists of 1 Bedroom + Generous size Den, could be used as a home office or a 2nd bed. Freshly renovated with new paint, Ensuite washer, dryer, and full washroom. Water and A/C are included, tenant only pays for electricity (Alectra). Compared to Other Buildings paying around $200/month, here it's only about $50/month. This unit is located in the heart of Mississauga's Square One area! Above Starbucks!! Right Across Mississauga Library & YMCA, Featuring an open-concept layout with a combined living and dining room, this well-kept unit boasts soaring 9-foot ceilings and upgraded finishes. The modern kitchen is equipped with well maintained appliances and quartz countertops. The versatile den is large enough to accommodate a double bed or serve as a functional home office. Enjoy the convenience of ensuite laundry with a washer and dryer, an upgraded bathroom, and a walk-out balcony with beautiful city views. Steps to Square One, Sheridan College, Celebration Square, public transit, Central Library, and all major highways. Don't miss this incredible opportunity amazing value and location! Includes One Parking and A Locker. 24 Hours Concierge, building amenities include gym and recreation room.

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$399,000 - 4070 Confederation Parkway Unit 3408, Mississauga

Condo for Sale in Mississauga

2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13148496
Property Type
Condo
Status
active
Days on Site
27
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Welcome to this bright and spacious Beautiful Apartment on premium level, Consists of 1 Bedroom + Generous size Den, could be used as a home office or a 2nd bed. Freshly renovated with new paint, Ensuite washer, dryer, and full washroom. Water and A/C are included, tenant only pays for electricity (Alectra). Compared to Other Buildings paying around $200/month, here it's only about $50/month. This unit is located in the heart of Mississauga's Square One area! Above Starbucks!! Right Across Mississauga Library & YMCA, Featuring an open-concept layout with a combined living and dining room, this well-kept unit boasts soaring 9-foot ceilings and upgraded finishes. The modern kitchen is equipped with well maintained appliances and quartz countertops. The versatile den is large enough to accommodate a double bed or serve as a functional home office. Enjoy the convenience of ensuite laundry with a washer and dryer, an upgraded bathroom, and a walk-out balcony with beautiful city views. Steps to Square One, Sheridan College, Celebration Square, public transit, Central Library, and all major highways. Don't miss this incredible opportunity amazing value and location! Includes One Parking and A Locker. 24 Hours Concierge, building amenities include gym and recreation room.

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Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

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5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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

4070 Confederation Parkway Unit 3408, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,444

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 $665/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 27 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.

Efficient Living

At 600 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.

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.

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    4070 Confederation Parkway Unit 3408 | $399,000 | Battaglia Team