
402- 4065 Confederation Parkway, Mississauga
City Centre · Investor guide
$414,900
Estimated Value
$374,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by Bay Street Kerrland Realty
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
8
Price Drop
None
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
Experience modern urban living in the heart of Downtown Mississauga at the prestigious Wesley Tower by Daniels. This bright and stylish 1-bedroom plus den suite features a functional open-concept layout, 9-foot ceilings, and expansive windows that fill the space with natural light. The southwest exposure offers beautiful city views and abundant afternoon sunshine, while the private balcony provides the perfect place to relax and unwind.The versatile den is ideal for a home office or study area. The contemporary kitchen features sleek cabinetry, quartz countertops, stainless steel appliances, a stylish backsplash, and a convenient centre island with dining space. The spacious primary bedroom offers a comfortable retreat, complemented by an oversized modern bathroom and convenient ensuite laundry.This unit includes one underground parking space and one private locker. Residents enjoy an impressive selection of amenities, including a fitness centre, basketball court, rock-climbing wall, party room, co-working and quiet study spaces, children's play area, rooftop terrace, and 24-hour concierge service.Ideally located just steps from Square One Shopping Centre, Celebration Square, Sheridan College, the Living Arts Centre, restaurants, cafés, parks, public transit, and the GO Bus Terminal, with convenient access to Highways 403, 401, 407, and the QEW. An excellent opportunity for both end users and investors seeking style, comfort, and unbeatable convenience in the heart of Mississauga.
MississaugaInvestor.ca
402- 4065 Confederation Parkway
Condo Apartment · 2bd/1ba · ~550 sqft
$414,900
Cash-Flow Report · July 31, 2026
Cap Rate
3.74%
Monthly Cash Flow
-$616/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-8.15%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$1,910 |
| Property Tax | −$290 |
| Insurance | −$225 |
| Condo Fee | −$471 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$616/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$3,485 |
| Insurance | −$2,700 |
| Condo Fee | −$5,652 |
| Annual NOI | $15,523 |
| Cap Rate | 3.74% |
Cash Required to Close
| Down Payment (20%) | $82,980 |
| Ontario Land Transfer Tax | $4,773 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $90,753 |
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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