4070 Confederation Parkway Unit 502, Mississauga

Price: $2,800

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W12846450

Modern 2 Bedroom plus Den condo featuring a rare Private Deck/Terrace (approx. 1200 sq ft including outdoor space) located at The Grand Residences at Parkside Village in downtown Mississauga. Enjoy 10 ft ceilings, floor to ceiling windows, and a bright, sun-filled terrace ideal for relaxing or entertaining. The unit offers a Modern kitchen with granite countertops, upgraded flooring and in-unit washer/dryer. Steps to Square One mall, City Centre Transit terminal, YMCA with daycare, schools, Sheridan College, Grocery stores (Food Basics, Walmart, No Frills, India Grocers) parks and restaurants.

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$2,800 - 4070 Confederation Parkway Unit 502, Mississauga

Condo for Sale in Mississauga

31 days on market
3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W12846450
Property Type
Condo
Status
delisted
Days on Site
31
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
East
Balcony
Terrace
Listing Brokerage
RE/MAX MILLENNIUM REAL ESTATE
Description

Modern 2 Bedroom plus Den condo featuring a rare Private Deck/Terrace (approx. 1200 sq ft including outdoor space) located at The Grand Residences at Parkside Village in downtown Mississauga. Enjoy 10 ft ceilings, floor to ceiling windows, and a bright, sun-filled terrace ideal for relaxing or entertaining. The unit offers a Modern kitchen with granite countertops, upgraded flooring and in-unit washer/dryer. Steps to Square One mall, City Centre Transit terminal, YMCA with daycare, schools, Sheridan College, Grocery stores (Food Basics, Walmart, No Frills, India Grocers) parks and restaurants.

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 502, 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)
896.6%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$2
Insurance (est.)-$1
Net Cash Flow+$2,092

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $3/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 31 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 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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