3900 Confederation Parkway 209, Mississauga

$415,000
3900 Confederation Parkway 209

$415,000

New
27d
Condo ApartmentApartment

3900 Confederation Parkway 209, Mississauga

Total Monthly Obligation $2,612

Bed+Den
2+1
Baths
1
Park
1
Sqft
500-599
DOM
27d
Score
21
Yield
6.7%
Cash on Cash
-1.6%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Condo Apartment
MLS® Number-W13831734
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 26, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,926.45 (2026)
Maintenance-$494.14/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/MIRACLE REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60 Days
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

1 Bed + Flex (Den/2nd Bdrm) + 1 Parking owned in Square One in the Heart of Mississauga, MCITY Condos. Comes With Den That Can Be Easily Used as Study Room. Stunning Open Concept Kitchen/Dinging/Living to an 138 Sq. Ft. Balcony. 583 sq ft. suite interior living space in addition to the balcony. Lots Of Natural Light. High-Quality Finishing & Touches, Featuring Beautiful Kitchen Quartz Countertop, Backsplash, Appliances, Ensuite Laundry. Additional highlights include Laminate floorings, smart lock entry, and a smart thermostat. Located just steps from Square One Shopping Centre, Celebration Square, Sheridan College, and the Mississauga Central Library. Easy access to major highways and a short drive to the University of Toronto Mississauga. Surrounded by shopping, dining, parks, and everyday conveniences. Residents enjoy exceptional amenities including fitness centre, outdoor pool, skating rink, party room, BBQ area, kids zone, and 24-hour concierge. Spectacular view of CN Tower, Lakeview, Square One. Close to HWY 401.

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

Closing Costs

Mortgage Amount
$332,000
Land Transfer Taxes$4,775
Legal Fees (Est.)
$
Total cash required for closing$89,275

Total Monthly Obligation

$2,612/mo
Mortgage $1,674
Monthly Loss $2,171
Principal$441
Interest$1,233
Property Tax$244
Condo Fees$494
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.3%38
10-Year IRR
11.0%
Returns Index
19.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$27,876/yr
NOI
$13,832/yr
Net Cash Flow
-$521/mo
Cash Margin
-22.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
30.3/ 100

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

Comparables

Properties near 3900 Confederation Parkway 209

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.