3900 Confederation Parkway 610, Mississauga

$299,000
3900 Confederation Parkway 610

$299,000

New
23d
Condo ApartmentApartment

3900 Confederation Parkway 610, Mississauga

Total Monthly Obligation $1,954

HausQ Valuation Report
Beds
1
Baths
1
Park
0
Sqft
0-499
DOM
23d
Score
24
Yield
7.5%
Cash on Cash
1.4%
Cap Rate
4.9%
5Y IRR
16.7%
10Y IRR
15.5%
Property Type-Condo Apartment
MLS® Number-W13844596
Beds-1
Bathrooms-1
Size-0-499 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,412 (2026)
Maintenance-$347/mo
Locker-Owned
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Prime turn key investment opportunity at M City in Downtown Mississauga! This 1 bedroom condo comes fully tenanted and professionally managed, delivering immediate, hassle free rental income from day one. Designed to maximize tenant retention and rental yields, the unit features a high demand open concept layout, stainless steel appliances, in suite laundry, and a spacious balcony with sweeping city views. Tenants enjoy resort style amenities including an outdoor saltwater pool, rooftop terrace, winter skating rink, steam room, yoga studio, and games room. Perfectly positioned for long-term capital appreciation, it is steps from Square One, Sheridan College, Living Arts Centre, Central Library, YMCA, and major transit hubs, with seamless access to Highways 403 and QEW.

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

Closing Costs

Mortgage Amount
$239,200
Land Transfer Taxes$2,960
Legal Fees (Est.)
$
Total cash required for closing$64,260

Total Monthly Obligation

$1,954/mo
Mortgage $1,206
Monthly Loss $1,637
Principal$317
Interest$889
Property Tax$201
Condo Fees$347
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.0%2
5-Year IRR
11.9%50
10-Year IRR
12.3%
Returns Index
25.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$22,464/yr
NOI
$11,242/yr
Net Cash Flow
-$269/mo
Cash Margin
-14.4%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
4.9 mo82
Risk Index
37.7/ 100

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

Comparables

Properties near 3900 Confederation Parkway 610

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.

Data is provided courtesy of PropTx.

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Data last updated within the past 24 hours.