3900 Confederation Parkway 5907, Mississauga

$688,500
3900 Confederation Parkway 5907

$688,500

New
29d
Condo ApartmentApartment

3900 Confederation Parkway 5907, Mississauga

Total Monthly Obligation $4,132

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
29d
Score
16
Yield
4.9%
Cash on Cash
-8.8%
Cap Rate
2.7%
5Y IRR
8.7%
10Y IRR
9.2%
Property Type-Condo Apartment
MLS® Number-W13823462
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$5,045 (2025)
Maintenance-$734.84/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE CERTIFIED REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30-60-90
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

SUB-PENTHOUSE LIVING WITH PANORAMIC CITY & LAKE VIEWS! Welcome to Suite 5907 at M CITY 1, a landmark 60-storey architectural icon in the heart of DOWNTOWN MISSISSAUGA. This exceptional 2-BEDROOM, 2-BATHROOM SUB-PENTHOUSE offers SOARING CEILINGS, 958 SQ. FT. OF INTERIOR LIVING SPACE plus a spectacular 278 SQ. FT. WRAPAROUND BALCONY = 1,236 SF TOTAL, showcasing breathtaking, unobstructed CITY & LAKE VIEWS. One of the BEST AND MOST FUNCTIONAL LAYOUTS IN THE BUILDING, this bright and spacious residence is flooded with natural light through expansive FLOOR-TO-CEILING WINDOWS. The open-concept living and dining area is complemented by a sleek DESIGNER KITCHEN featuring quartz countertops and built-in appliances, upgraded lighting, modern laminate flooring and MOTORIZED window coverings. The PRIMARY BEDROOM offers a generous FULL WALK-IN CLOSET and direct access to the balcony, Step outside onto the oversized WRAPAROUND BALCONY and enjoy breathtaking panoramic views from the 59TH FLOOR -perfect for morning coffee, evening sunsets and entertaining. Experience RESORT-STYLE AMENITIES including an OUTDOOR SALTWATER POOL, INDOOR POOL, SKATING RINK, STATE-OF-THE-ART FITNESS CENTRE, BBQ LOUNGE, PARTY ROOM, KIDS' ZONE and 24-HOUR CONCIERGE. Perfectly located steps from SQUARE ONE SHOPPING CENTRE, CELEBRATION SQUARE, SHERIDAN COLLEGE, RESTAURANTS, TRANSIT, LIVING ARTS CENTRE and Mississauga Library, with easy access to **HWY 401, 403, 410 & QEW**. A rare opportunity to enjoy **LUXURY HIGH-FLOOR LIVING, EXPANSIVE OUTDOOR SPACE AND UNFORGETTABLE CITY & LAKE VIEWS** in the heart of Downtown Mississauga. 1 PARKING - P1 AND 1 LOCKER INLCUDED

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$550,800
Land Transfer Taxes$10,245
Legal Fees (Est.)
$
Total cash required for closing$149,445

Total Monthly Obligation

$4,132/mo
Mortgage $2,777
Monthly Loss $3,402
Principal$731
Interest$2,046
Property Tax$420
Condo Fees$735
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.7%13
10-Year IRR
7.5%
Returns Index
7.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$33,996/yr
NOI
$14,333/yr
Net Cash Flow
-$1,583/mo
Cash Margin
-55.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
19.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 3900 Confederation Parkway 5907

Time

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