$4,995/mo - 3985 Grand Park Drive Unit 2801, Mississauga
Condo for Rent in Mississauga
Neighbourhood: City Centre
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- MLS Number
- W13874804
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- South East
- Balcony
- Terrace
- Listing Brokerage
- REALTY ONE GROUP FLAGSHIP
Rarely Offered Two-Storey Penthouse In The Heart Of Mississauga City Centre! Offering approx. 2,074 sq. ft. of interior living plus over 1,100 sq. ft. of private outdoor space, including an expansive rooftop terrace and two balconies. The open-concept layout features 3 generously sized bedrooms + den and 3 full baths, with 9-ft ceilings, floor-to-ceiling windows and wood flooring throughout. The sun-filled living room opens onto a private balcony, while the versatile den features a twin Murphy bed, ideal as a home office or guest space. A private upper-level family room opens directly onto the spectacular rooftop terrace. Includes 2 premium underground parking spaces-among the first spots in the garage-plus 1 locker. Luxury building amenities include concierge, gym, indoor pool, guest suites, party/meeting room and outdoor terrace. Grand Park Plaza directly across the street with Shoppers Drug Mart, Staples, restaurants and everyday conveniences, plus minutes to Square One, Celebration Square, transit and major highways. A rare combination of space, privacy and luxury in the heart of the city. Photos are from a previous listing; current furnishings and decor may differ.
Discover City Centre
City Centre is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in City Centre
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
City Centre offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
3985 Grand Park Drive Unit 2801, Mississauga
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $4,995/mo, this is asking above the typical 4-bedroom rent of ~$4,200/mo in Mississauga. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Market Position
At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.