4070 Confederation Parkway Unit 506, Mississauga

Price: $412,500

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13687952

Welcome to The Grand Residences at Parkside Village. Located in the heart of Mississauga's Square One area above Starbucks! Bright and spacious Beautiful Apartment, Consists of 1 Bedroom w/ walk in closet + Generous sized Den, Ensuite washer, dryer, and full washroom. Water and A/C are included! Only pay for electricity (Alectra) Only about $50/month total utilities. Right Across Mississauga Library & YMCA, Featuring an open-concept layout with a combined living and dining room, this well-kept unit boasts soaring floor-to-ceiling windows, 9-foot ceilings and upgraded finishes. The modern kitchen is equipped with well maintained appliances and quartz countertops. Enjoy the convenience of ensuite laundry with a washer and dryer, an upgraded bathroom, and a walk-out balcony with beautiful West facing views. Steps to Square One, Sheridan College, Celebration Square, civic centre, public transit, Central Library, and all major highways. Don't miss this incredible opportunity amazing value and location! Includes One Parking and A Locker. 24 Hours Concierge, building amenities include indoor swimming pool/sauna, a well-equipped gym, guest suites, a game room, a party room, a movie room, an outdoor terrace and recreation room.

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active
New Listing
1/23

$412,500 - 4070 Confederation Parkway Unit 506, Mississauga

Condo for Sale in Mississauga

New — Listed 2 days ago

Neighbourhood: Creditview

2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13687952
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Welcome to The Grand Residences at Parkside Village. Located in the heart of Mississauga's Square One area above Starbucks! Bright and spacious Beautiful Apartment, Consists of 1 Bedroom w/ walk in closet + Generous sized Den, Ensuite washer, dryer, and full washroom. Water and A/C are included! Only pay for electricity (Alectra) Only about $50/month total utilities. Right Across Mississauga Library & YMCA, Featuring an open-concept layout with a combined living and dining room, this well-kept unit boasts soaring floor-to-ceiling windows, 9-foot ceilings and upgraded finishes. The modern kitchen is equipped with well maintained appliances and quartz countertops. Enjoy the convenience of ensuite laundry with a washer and dryer, an upgraded bathroom, and a walk-out balcony with beautiful West facing views. Steps to Square One, Sheridan College, Celebration Square, civic centre, public transit, Central Library, and all major highways. Don't miss this incredible opportunity amazing value and location! Includes One Parking and A Locker. 24 Hours Concierge, building amenities include indoor swimming pool/sauna, a well-equipped gym, guest suites, a game room, a party room, a movie room, an outdoor terrace and recreation room.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,116.34/mo

Includes CMHC insurance ($11,509)

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5-yr fixed avg.

Principal: $371,250Interest: $252,143
Mortgage Amount$382,759
Total Interest$252,143
Est. Property Tax$292/mo
Total Cost$634,902

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Creditview

Discover Creditview

Creditview 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 Creditview

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

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

Creditview 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.

70
Walk Score
Varies
Price Range

4070 Confederation Parkway Unit 506, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$292
Insurance (est.)-$86
Net Cash Flow+$1,432

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $688/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

About Creditview

I know Creditview well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    4070 Confederation Parkway Unit 506 | $412,500 | Battaglia Team