610 - 3900 Confederation Parkway

City Centre, Mississauga · MLS® W13844596

Condo · Single Family · 24 days on market

listed by STANLEY BERNARDO, ROYAL LEPAGE SIGNATURE REALTY

realtor's description

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.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
parking: 0
property tax: $2,412 / yr
strata fee: $347 / mo
strata rules: Pets Allowed With Restrictions
days on market: 24
MLS®: W13844596

features

Balcony
School Bus
Community Centre
Pets Allowed With Restrictions
Washer
Refrigerator

monthly cost

$1,851/mo

Mortgage $1,303 · Tax $201 · Strata $347

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$1,303/ monthly

loan $239,200

25-year amortization

down payment20% · $59,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $151,614
cash to close: $59,800; down payment; transfer tax and fees not included
total paid: $390,814

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.