$529,900
2408 - 3900 CONFEDERATION PARKWAY
Beds
2
Baths
1
Sqft
—
Year
—
Type
Single Family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Mississauga (City Centre). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Exceptional investment opportunity in MCity1! This 24th-floor corner unit offers a rare double balcony and a premium layout that consistentlyattracts high-quality tenants. Currently generating $2,900/month + utilities with a reliable tenant willing to stay up to 2 more years-providingimmediate, stable income. Vacant possession available if needed. Fully furnished and turnkey, featuring 10' ceilings, floor-to-ceiling windows,custom blinds, ceiling fans, and upgraded Cecconi Simone finishes. Includes a versatile flex/media space-ideal for work-from-home living.Comes with 1 owned underground parking space. Enjoy top-tier amenities including outdoor pool, skating rink, fitness centre, lounges, and 24-hour concierge. Located in the heart of Mississauga, steps to Square One, transit, and major employment hubs-an established high-demandrental corridor. (id:65958)
- Subtype
- Single Family
- Structure
- Apartment
- Community
- City Centre
- Common interest
- Condo/Strata
- Bedrooms
- 2 above grade
- Parking
- 1 total
- Condo/HOA fee
- $533.48 monthly
- On market
- Apr 20, 2026
- Status changed
- Apr 30, 2026
- Annual tax
- $3,463 (2025)
- Zoning
- H-CC2
- Photos
- 26
- MLS#
- W13022548
- Area
- MISSISSAUGA_(CITY_CENTRE)
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Lot
Community
View
Security
Fee includes
Cash on cash
-6.97%
Cap rate
3.47%
GRM
16.7
Break-even rent
$3,298
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Mississauga (City Centre). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 30, 2026.