2408 - 3900 CONFEDERATION Parkway
Mississauga, Ontario
2 bed • 1 bath • Single Family
Exceptional investment opportunity in MCity1! This 24th-floor corner unit offers a rare double balcony and a premium layout that consistently attracts high-quality tenants. Currently generating $2,900/month + utilities with a reliable tenant willing to stay up to 2 more years—providing immediate, stable income. Vacant possession available if needed. Fully furnished and turnkey, featuring 10’ ceilings, floor-to-ceiling windows, custom blinds, ceiling fans, and upgraded Cecconi Simone finishes. Includes a versatile flex/media space—ideal for work-from-home living. Comes with 1 owned underground parking space. Enjoy top-tier amenities including outdoor pool, skating rink, fitness centre, lounges, and 24-hour concierge. Located in the heart of Mississauga, steps to Square One, transit, and major employment hubs—an established high-demand rental corridor.
Price History
Schools
Elementary
- Corpus Christi School0.6 km
Catholic · Dufferin-Peel CDSB · 275 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 63% met the provincial standard
- St. Giovanni Scalabrini Catholic School School0.7 km
Catholic · Dufferin-Peel CDSB · 320 students
Grade 3 reading: 100% met the provincial standard · Grade 6 math: 43% met the provincial standard
- Fairview Public School0.8 km
Public · Peel DSB · 555 students
Grade 3 reading: 73% met the provincial standard
Secondary
- Father Michael Goetz Secondary School0.8 km
Catholic · Dufferin-Peel CDSB · 1140 students
Grade 10 literacy: 80% met the provincial standard
- T. L. Kennedy Secondary School2 km
Public · Peel DSB · 660 students
Grade 10 literacy: 85% met the provincial standard
- The Woodlands Secondary School2.4 km
Public · Peel DSB · 1160 students
Grade 10 literacy: 93% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L5B
- Population
- 67,131
- Private dwellings
- 29,048
- Median age
- 37.2
- Average household size
- 2.4
- Median household income
- $79,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Mississauga · last 12 months
- Median sold price
- $870,000
- Homes sold
- 5,428
- Median days on market
- 24
- Sale-to-list price
- 97.5%
Based on 5,428 recorded sales of single family properties in Mississauga over the last 12 months.
Location
Mortgage Calculator
$98,980
Estimated Monthly Payment
$2,431
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,431/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $124/mo
Estimates only. Consult a financial advisor.
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