4070 Confederation Pkwy 2506
City Centre, Mississauga, L5B 0E9
FOR SALE
$525,000
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Property Description
Step into this beautifully renovated 1-bedroom condo on the 25th floor at The Grand Residences, offering breathtaking city views and prime downtown Mississauga living. Perfectly positioned just steps from Square One, City Hall, and vibrant amenities, this unit combines modern elegance with unbeatable convenience. Freshly painted and featuring brand-new vinyl flooring and baseboards, open-concept living and dining area featuring floor-to-ceiling windows that flood the space with natural light. The sleek kitchen boasts quartz countertops and stainless-steel appliances, while the updated bathroom showcases a new vanity. Relax on your private balcony and enjoy the stunning views or take advantage of the world-class building amenities including a gym, pool, hot tub, media and theater rooms, and 24-hour security. With transit, shopping, restaurants, and major highways all within reach, this is luxury living at its best. Don't miss out on this fantastic opportunity ideal for both first-time buyers and investors!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-03-29 | 2019-04-26 | 28 | $2,050 | $2,000 | Leased |
Nearby Intersections
Rathburn & Confederation (181)
Property Features
Arts Centre, Electric Car Charger, Library, Park, Public Transit, Terraced
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,433 (2024)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (P5)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.17' x 17.72' | Large Window, Open Concept, Vinyl Floor |
| Kitchen | Main | 8.20' x 7.55' | Tile Floor, Stainless Steel Appl, Quartz Counter |
| Dining | Main | 7.55' x 6.89' | Vinyl Floor, Open Concept |
| Br | Main | 9.84' x 9.51' | Vinyl Floor, Large Closet, Large Window |
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Mississauga Market Statistics
Mississauga Price Trend
4070 Confederation Pkwy 2506 is a 1-bedroom 1-bathroom condo listed for sale at $525,000, which is $11,575 (2.3%) higher than the average sold price of $513,425 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Mississauga increased by $11,495 (2.3%) compared to the previous 30 day period (September 1 - September 30) and down $31,155 (5.7%) from the same time one year ago.Inventory Change
There were 131 1-bedroom condos listed in Mississauga over the last 30 days (October 1 - October 30), which is down 10.3% compared with the previous 30 day period (September 1 - September 30) and down 8.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Mississauga typically sold ($12,945) (2.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $1,565 decrease compared to the previous 30 day period (September 1 - September 30) and ($8,996) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Mississauga over the last 30 days (October 1 - October 30) stood at 48.9%, up from 24.7% over the previous 30 days (September 1 - September 30) and up from 21.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Mississauga stood at 29 days when successfully sold over the last 30 days (October 1 - October 30), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with Condosky Realty Inc.
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