809- 3900 Confederation Parkway, Mississauga
City Centre · Investor guide
$475,000
Estimated Value
$374,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX GOLD REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
35
Price Drop
4%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,400/mo
Based on City Centre neighbourhood rental data for 2-bed Condo Apartment
Remarks
Welcome To Luxury Living At M City Condos In The Heart Of Mississauga This Beautiful 2 Bedroom1 Bath Corner Unit Offers Approx. 702 Sq Ft Total Including Approx. 598 Sq Ft Interior + 104 SqFt Balcony. Features A Functional Open Concept Living, Dining & Kitchen Layout With 9 Ft Ceilings, Freshly Painted Interior, Laminate Wood Flooring In Living Room & Bedrooms, Modern Kitchen With Quartz Countertops, Tile Backsplash & Under-Mount Sink, Stylish Bath Finishes And W/O To A Rare Oversized L-Shaped Balcony With North West Exposure Offering An Unobstructed Sunset View. Enjoy Premium Building Amenities Including 24 Hr Concierge, Fitness Centre, Outdoor Pool, Rooftop Terrace/BBQ Area, Party/Event Room With Chef's Kitchen And Games Lounge. Steps To Square One Shopping Centre, Celebration Square, Living Arts Centre, Sheridan College, Restaurants, Cafes, Parks & Mi Way Transit. Easy Access To Erindale/ Cooksville GO Stations, Hwy403, 401 & 407. Nearby U of T Mississauga, Sheridan College And All Downtown Mississauga Conveniences. All Measurements are Approximate. A Must See
MississaugaInvestor.ca
809- 3900 Confederation Parkway
Condo Apartment · 2bd/1ba · ~550 sqft
$475,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.08%
Monthly Cash Flow
-$968/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-11.17%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$2,186 |
| Property Tax | −$333 |
| Insurance | −$225 |
| Condo Fee | −$504 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$968/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$3,990 |
| Insurance | −$2,700 |
| Condo Fee | −$6,048 |
| Annual NOI | $14,622 |
| Cap Rate | 3.08% |
Cash Required to Close
| Down Payment (20%) | $95,000 |
| Ontario Land Transfer Tax | $5,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $103,975 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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