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    Mississauga / Downtown Core

    2501 - 4070 Confederation Pkwy

    For SaleThe Grand Residences at Parkside Village Condos
    3.0
    $505,000
    1 Bed
    1 Bath
    1 Parking
    645 SQFT
    1 Day on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $559/mth
    Taxes:
    $2,641 (2024)
    Cost Per Sqft:
    $783/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    East
    Possession Date:
    November 5, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Open Concept, Vinyl Floor
    18.05 x 10.5ft
    Kitchen
    Tile Floor, Stainless Steel Appliances, Marble Counter
    7.87 x 7.87ft
    Prim Bdrm
    Vinyl Floor, Windows Floor to Ceiling, Closet
    9.84 x 9.84ft

    About this Listing

    Offering fantastic city views and amazing amenities, Unit 2501 in The Grand Residences situated in Downtown Mississauga is not to be missed! Floor to ceiling windows and Eastern exposure provides ample light and stunning sunrises. The unit is excellently appointed with a large open concept Living/Dining/Kitchen area. Stone countertops, stainless steel appliances, and ensuite laundry provides anything you would need. The proximity to Square One and City Hall are perfect for those needing access to transit. Do not hesitate as this unit will not last!

    re/max realty specialists inc.MLS® #W10408152

    Amenities

    Concierge
    Party Room
    Rec Room
    Rooftop Deck
    Media Room
    Indoor Parking

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    9,194
    Average Individual Income
    $63,586
    Average Household Size
    2 persons
    Average Age
    60
    Average Household Income
    $105,144
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    28%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    41%
    High Rise Apartment
    24%
    Semi Detached
    24%
    Low Rise Apartment
    6%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    83%
    Other
    8%
    Punjabi
    4%
    Tagalog
    1%
    Hindi
    1%
    Spanish
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    32%
    University and Above
    25%
    College
    21%
    None
    15%
    Apprenticeship
    3%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    4%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    The Grand Residences at Parkside Village Condos vs The Downtown Core Area

    Building Trends At The Grand Residences at Parkside Village Condos

    Days on Strata

    Units at The Grand Residences at Parkside Village Condos spend an average of
    35
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Downtown Core

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    20
    Units were Sold over the past twelve months

    Rented Units

    83
    Units were Rented over the past twelve months

    Best Value Rank

    The Grand Residences at Parkside Village Condos offers the
    ?
    best value out of 44 condos in the Downtown Core neighbourhood

    Appreciation Rank

    The Grand Residences at Parkside Village Condos has the
    ?
    highest ROI out of 44 condos in the Downtown Core neighbourhood

    Rental Yield

    The Grand Residences at Parkside Village Condos yields the
    ?
    highest rent prices out of 44 condos in the Downtown Core neighbourhood

    High Demand

    The Grand Residences at Parkside Village Condos is the
    ?
    most popular building out of 44 condos in the Downtown Core neighbourhood

    Transaction Insights at 4070 Confederation Parkway

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$479,000 - $545,000$500,000 - $580,000$615,000 - $705,000$760,000No DataNo Data
    Avg. Cost Per Sqft$884$787$821$800No DataNo Data
    Avg. Wait for Unit Availability26 Days35 Days32 Days88 DaysNo Data939 Days
    Ratio of Units in Building38%21%31%10%1%2%

    Transactions vs Inventory

    Total number of units listed and sold in Downtown Core