512 - 3900 Confederation Pkwy

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For SaleM City Condos I

$569,000

1 Bed + 1

1 Bath

1 Parking

500 - 599 SQFT

37 Days on Strata

Listing History

Unit Highlights

Property Type:

Condo

Maintenance Fees:

$502/mth

Taxes:

$2,603 (2024)

Cost Per Sqft:

$950 - $1,138/sqft

Locker:

Owned

Outdoor Space:

Balcony

Exposure:

North West

Possession Date:

To Be Determined

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

Kitchen

Pot Lights, Open Concept, Laminate

10.14 x 5.97ft

Living

Windows Floor to Ceiling, Open Concept, Pot Lights

9.97 x 9.97ft

Prim Bdrm

Windows Floor to Ceiling, Pot Lights, Walkout To Balcony

8.99 x 10.99ft

About this Listing

Nestled in the vibrant heart of Mississauga, 3900 Confederation Pkwy #512 offers a stunning 1+1 bedroom, 1 bathroom condo at the prestigious M City Condos. Situated on the top floor of the podium at level 5, this exceptional unit boasts 10-foot ceilings, flooding the space with an abundance of natural light and highlighting its modern elegance. The condo is meticulously designed with numerous upgrades, including sleek quartz countertops, ambient potlights, and sophisticated upgraded window coverings. Thoughtfully crafted built-in closet organizers provide ample storage solutions, enhancing the unit's functionality. Included with this condo is the convenience of one parking space and a locker, adding to its appeal. The prime location is unbeatable, with easy access to Square One, major roadways, and highways, making it an ideal choice for those seeking a blend of luxury and accessibility. This condo embodies the essence of urban living with a touch of sophistication and style.

Extras1 GB of Internet Included in Maintenance

re/max expertsMLS® #W9252275

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.

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

Average Household Income

$105,144

Dominant Housing Type

Detached

Population By Age

0 - 14

16%

15 - 19

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+

$125,000+

Housing Types & Tenancy

Detached

41%

High Rise Apartment

24%

Semi Detached

24%

Low Rise Apartment

Duplex

Marital Status

Commute

Languages (Primary Language)

English

83%

Other

Punjabi

Tagalog

Hindi

Spanish

Mandarin

Urdu

Education

High School

32%

University and Above

25%

College

21%

None

15%

Apprenticeship

University Below Batchelor

Major Field of Study

Business Management

26%

Architecture & Engineering

20%

Social Sciences

12%

Health & Related Fields

10%

Math & Computer Sciences

Personal, Protective & Transportation Services

Humanities

Education

Physical Sciences

Visual & Performing Arts

Agriculture & Natural Resources

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

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

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

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

	Studio	1 Bed	1 Bed + Den	2 Bed	2 Bed + Den	3 Bed	3 Bed + Den
Price Range	No Data	$440,000 - $530,000	$522,500 - $625,000	$585,000 - $650,000	$719,000	No Data	No Data
Avg. Cost Per Sqft	No Data	$760	$813	$836	$834	No Data	No Data
Price Range	$2,100 - $2,300	$2,100 - $2,500	$2,300 - $2,850	$2,300 - $4,150	$2,700 - $4,150	No Data	No Data
Avg. Wait for Unit Availability	No Data	90 Days	98 Days	101 Days	317 Days	No Data	No Data
Avg. Wait for Unit Availability	62 Days	5 Days	3 Days	4 Days	6 Days	No Data	No Data
Ratio of Units in Building	2%	21%	32%	27%	20%	1%	1%

Transactions vs Inventory

Total number of units listed and sold in Downtown Core