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New3 hours ago

3009 - 4070 Confederation Parkway

City Centre, Mississauga

$557,500

Condo Apartment |
2 | 2 | 1 | 1
About this home

Spacious and upgraded 2-bedroom, 2-bathroom corner suite at The Grand Residences at Parkside Village. The bright open-concept layout features floor-to-ceiling windows, 9-foot ceilings, two balconies and clear north-east city views. The modern kitchen offers quartz countertops and a stylish backsplash. Freshly painted with updated flooring. Walk to Square One, Celebration Square, the Central Library, Sheridan College, restaurants and public transit, with easy access to major highways. Building amenities include 24-hour concierge, indoor pool, fitness facilities, guest suites, party/media/game rooms and visitor parking a space. Property sold "as is", as per Schedule "A"Seller's Schedules "A" and "B" and "C" to be attached to all Offers.$35,000.00 deposit required.Seller has no knowledge of UFFI Warranty.. Property is currently tenanted and the buyer to assume the tenancy, if any, on closing. A copy of the lease, if any, is not available for production. Property is not retrofitted. No representations are provided by the Seller regarding the tenancy in accordance with Schedule "A".Rental Items: Hot Water Heater, if rental, and any other items which may exist at the property, if rentals.Inclusions: None, Sold as is as per Schedule "A".Exclusions: All, Sold as is as per Schedule "A".48 business hours irrevocable required on all Offers.Property must be listed on MLS for at least 7 days prior to review of any Offers.The Listing Realtor/Brokerage agrees not to disclose the contents of any competing offers to potential Buyers or co-operating Realtors/Brokerages in the event of multiple offers.Buyer agrees to conduct his own investigations and satisfy himself as to any easements/rights of way which may affect the property. Property is being sold "as is" and Seller makes no warranties or representations in this regard.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$840
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,980
mls© NumberW13767610
Listed ByHOMELIFE/MIRACLE REALTY LTD
Heat Included
Common Elements Included
Building Insurance Included
Water Included
Parking Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,854
Property tax
$332
Heat allowance
$150
Condo fees, half counted
$420
Housing costs
$3,755 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $111,500
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,346 / mo
Cash down
$111,500

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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