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    Mississauga / Downtown Core

    6004 - 3900 Confederation Pkwy

    For SaleM City Condos I
    $1,239,000
    2 Beds + 1
    3 Bath
    1 Parking
    1,093 SQFT
    156 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $0/mth
    Taxes:
    $0 (2023)
    Cost Per Sqft:
    $1,134/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    Flexible
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Combined with Dining, Walkout To Balcony
    20.21 x 16.9ft
    Dining
    Hardwood Floor, Combined with Living, Open Concept
    20.21 x 16.9ft
    Kitchen
    Hardwood Floor, Stainless Steel Appliances, Combined with Living
    20.21 x 16.9ft

    About this Listing

    Welcome to the epitome of modern living in this brand-new penthouse nestled within a sought-after master-planned community in Mississauga's premier locale. Spanning 1093 square feet, this residence boasts a sophisticated design with 2 bedrooms plus a den and 3 bathrooms. The open concept layout seamlessly integrates the kitchen, living, and dining areas, leading to a private balcony where residents can revel in breathtaking panoramic views of the city, including Toronto and Oakville vistas, as well as the serene expanse of Lake Ontario. Beyond the elegant living spaces, residents enjoy access to an array of exceptional amenities, ranging from a well-equipped gym and attentive concierge services to a game room, media room, and a stylish party room. Convenience is enhanced with included underground parking, ensuring a seamless urban lifestyle in this exquisite condominium.

    re/max real estate centre inc.MLS® #W8459690

    Amenities

    BBQs Allowed
    Rec Room
    Visitor Parking
    Games Room
    Outdoor Pool
    Gym Room

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    9,194
    Average Individual Income
    $63,586
    Average Household Size
    2 persons
    Average Age
    60
    Average Household Income
    $105,144
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    28%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    41%
    High Rise Apartment
    24%
    Semi Detached
    24%
    Low Rise Apartment
    6%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    83%
    Other
    8%
    Punjabi
    4%
    Tagalog
    1%
    Hindi
    1%
    Spanish
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    32%
    University and Above
    25%
    College
    21%
    None
    15%
    Apprenticeship
    3%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    4%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    M City Condos I vs The Downtown Core Area

    Building Trends At M City Condos I

    Days on Strata

    Units at M City Condos I spend an average of
    54
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Downtown Core

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    -14%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    228
    Units were Rented over the past twelve months

    Best Value Rank

    M City Condos I offers the
    ?
    best value out of 44 condos in the Downtown Core neighbourhood

    Appreciation Rank

    M City Condos I has the
    ?
    highest ROI out of 44 condos in the Downtown Core neighbourhood

    Rental Yield

    M City Condos I yields the
    ?
    highest rent prices out of 44 condos in the Downtown Core neighbourhood

    High Demand

    M City Condos I is the
    ?
    most popular building out of 44 condos in the Downtown Core neighbourhood

    Transaction Insights at 3980 Confederation Parkway

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$440,000 - $530,000$522,500 - $625,000$585,000 - $610,000$660,000 - $719,000No DataNo Data
    Avg. Cost Per SqftNo Data$760$813$850$842No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data90 Days98 Days101 Days212 DaysNo DataNo Data
    Ratio of Units in Building2%21%32%27%19%1%1%

    Transactions vs Inventory

    Total number of units listed and sold in Downtown Core