$380,000

For sale

#323 3900 Confederation Parkway, Mississauga (City Centre) - Single Family for Sale

#323 3900 Confederation Parkway, Mississauga (City Centre), Ontario, L5B0M3

1 bed1 bath0 parking250 ft²$372/mo condo feeListed 116 days ago

Overview

This 1-bedroom, 1-bathroom condo in Mississauga is for sale offering roughly 250 sq ft of space. Listed at $380,000, it is attractively priced about 24% below the $499,900 median asking price in Mississauga.

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Description

Client RemarksStunning 1-Bedroom Condo featuring a bright and open layout with high ceilings (10'8") and large windows. Modern kitchen fully equipped with built-in stainless steel appliances. Convenient in-suite laundry. Fantastic amenities include a 24-hour concierge, gym, study room, kids' playground, and more. Prime location within walking distance of Square One, Library, Celebration Square, public transit, parks, and highways ideal for urban living. Currently tenanted at $1,850/month. Seller prefers to sell as an investment property, with the buyer assuming the existing tenant. (id:66096)

Property Details

MLS®: W13553308
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $372/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,377.9/yr
Listed: 116 days ago

Rooms

Flat

Dining room: 4.5 x 3.25 meters
Primary Bedroom: 3 x 2.77 meters
Living room: 4.5 x 3.25 meters
Kitchen: 4.5 x 3.25 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Flooring: Laminate
Exterior: Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

116d

Mississauga (City Centre) listings, avg age

55d

Price / ft²

$1,523

List price

$380K

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 1-bed single family in Mississauga (City Centre) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · JUNE TANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5B)

This home lists at $380,000, about 4.8× the local median household income of $79,000.

Carrying it typically needs a household income of about $74,227 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $79,000
Population: 67,131
Median age: 37.2
Owner / renter: 55% / 45%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L5B)

$380,000· $1,523/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,000

Min 5%50%

Mortgage payment$2,001/mo

↳ CMHC premium ($14,440 capitalized)

Property tax (est.)$198/mo

Condo fee$372/mo

Total monthly$2,571

Cash Needed to Close

Down payment (5%)$19,000

Land transfer tax$4,175

Est. closing costs$3,640

Total cash needed$26,815

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