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    Mississauga / Downtown Core

    307 - 3900 Confederation Pkwy

    For RentM City Condos I
    $3,500/mth
    2 Beds + 1
    2 Bath
    1 Parking
    952 SQFT
    73 Days on Strata
    Est Lease Timeframe
    13 Days

    Listing History

    Unit Highlights

    Possession Date:
    October 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North West
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    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

    Kitchen
    Laminate, Walkout To Balcony, Modern Kitchen
    19.36 x 13.78ft
    Living
    Laminate, Combined with Kitchen, Walkout To Balcony
    19.36 x 13.78ft
    Prim Bdrm
    Laminate, Walk-in Closet, 3 Piece Ensuite
    9.84 x 8.86ft

    About this Listing

    Welcome to Mcity! Beautiful 952 sq ft 2 Bedroom Plus Den Apartment with 2 Full Baths! Gorgeous Bright Corner Unit boasting a large 375 sq ft Wrap-around open balcony with walkouts from living rm, kitchen, and both bedrooms. This beautiful apartment has 11' ceilings with floor to ceiling windows allowing sunlight to permeate entire premises. Practical layout with bedrooms on each side of apartment. Beautiful laminate flooring throughout apartment. Large sun drenched open concept modern gourmet kitchen. Large open living area. Kitchen has quartz stone countertops and upgraded new appliances. Porcelain tiles in bathroom. Luxury building offers event space, games room, kids play zone, outdoor saltwater pool, poolside umbrellas. Utilities have separate meters. Enjoy Open Balcony with unobstructed views of city. Mississauga Core! Steps to public transit including new LRT route, Square One and all amenities.

    ExtrasNew GE Fridge, GE Range, Broan Rangehood, B/I Dishwasher, Blomberg Washer & Dryer, GE Microwave, Rogers digital smart door lock, existing lights and fixtures and window coverings. Rogers Smart Home Monitoring available at Tenant's expense

    romulus realty inc.MLS® #W9032991

    Amenities

    Rooftop Deck
    BBQ
    Outdoor Pool
    Rec Room
    Games Room
    Security System

    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.

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    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
    46
    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

    -21%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 45 condos in the Downtown Core area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    268
    Units were Rented over the past twelve months

    Best Value Rank

    M City Condos I offers the
    ?
    best value out of 45 condos in the Downtown Core neighbourhood

    Appreciation Rank

    M City Condos I has the
    ?
    highest ROI out of 45 condos in the Downtown Core neighbourhood

    Rental Yield

    M City Condos I yields the
    ?
    highest rent prices out of 45 condos in the Downtown Core neighbourhood

    High Demand

    M City Condos I is the
    ?
    most popular building out of 45 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 - $650,000$719,000No DataNo Data
    Avg. Cost Per SqftNo Data$760$813$836$834No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data90 Days98 Days101 Days317 DaysNo DataNo Data
    Ratio of Units in Building2%21%32%27%20%1%1%

    Transactions vs Inventory

    Total number of units listed and leased in Downtown Core