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            Comparative Market Analysis for MLS# W5083644

            $7,000 Cashback
            1br 1ba 500-599sf

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            Learn more about this property:
            MLS# W5083644 Listing Details
            Among all comparable properties sold in condo located at 4070 Confederation Pkwy in City Centre in Mississauga from Jan 2017 to Jan 2021, after adjusting selling prices according to market conditions at the time of sale, AIDA has calculated that:
            Minimum Price Adjusted was:


            Maximum Price Adjusted was:


            AIDA's ESTIMATE (based on 21 properties)
            AIDA's Comparative Market Analysis is based on comparable properties sales data adjusted according to the monthly fluctuations of the local real estate market, and is equivalent to:


            Which makes the Asking Price ($469,000) less than AIDA's Appraised Value by:


            Or, in percentage equivalent, by:


            • Condo lockers are not taken into account.
            • Upgrades and quality of renovation are not taken into account.


            AIDA found 21 comparable properties sold in condo located at 4070 Confederation Pkwy in City Centre in Mississauga from Jan 2017 to Jan 2021

            Use the table's first column checkboxes to exclude/include properties into evaluation. The numbers above will automatically get recalculated accordingly.

            Sold onFloorUnit#AddressExpSQFTBed • BathGar SpacesMaintTaxSold PriceTime Adj %Time Adj Price
            2017-03-10***27064070 Confederation PkwyW500-5991+0 • 11.0$372$1,906$307,50054.95%***
            2017-03-21***23064070 Confederation PkwyW500-5991+0 • 11.0$372$1,987$340,00054.95%***
            2017-03-26***37014070 Confederation PkwyE500-5991+0 • 11.0$416$2,150$355,00054.95%***
            2017-04-05***33014070 Confederation PkwyE500-5991+0 • 11.0$415$2,177$345,00049.37%***
            2017-04-09***35014070 Confederation PkwyE500-5991+0 • 11.0$416$2,150$358,00049.37%***
            2017-04-26***38064070 Confederation PkwyW500-5991+0 • 11.0$372$2,072$330,00049.37%***
            2017-05-03***40064070 Confederation PkwyW500-5991+0 • 11.0$388$2,081$333,00044.25%***
            2017-05-03***42054070 Confederation PkwyW500-5991+0 • 11.0$388$2,081$330,00044.25%***
            2017-05-04***28054070 Confederation PkwyW500-5991+0 • 11.0$388$1,967$340,00044.25%***
            2017-05-06***18064070 Confederation PkwyW500-5991+0 • 11.0$389$1,906$328,50044.25%***
            2017-05-08***3014070 Confederation PkwyE500-5991+0 • 11.0$433$2,011$343,00044.25%***
            2017-05-10***20014070 Confederation PkwyE500-5991+0 • 11.0$433$2,105$360,00044.25%***
            2017-05-18***16014070 Confederation PkwyE500-5991+0 • 11.0$433$2,055$359,00044.25%***
            2017-07-15***37054070 Confederation PkwyW500-5991+0 • 11.0$388$2,081$335,00038.54%***
            2017-09-11***36064070 Confederation PkwyW500-5991+0 • 11.0$388$2,051$329,90040.93%***
            2018-02-19***34064070 Confederation PkwyW500-5991+0 • 11.0$388$2,028$353,00032.22%***
            2018-03-19***20054070 Confederation PkwyW500-5991+0 • 11.0$388$2,018$361,00029.28%***
            2018-08-09***43064070 Confederation PkwyW500-5991+0 • 11.0$399$2,088$362,00023.17%***
            2018-08-17***23054070 Confederation PkwyW500-5991+0 • 11.0$399$1,960$361,00023.17%***
            2018-09-11***8064070 Confederation PkwyW500-5991+0 • 11.0$399$1,894$360,00023.48%***
            2018-11-26***44054070 Confederation PkwyW500-5991+0 • 11.0$399$2,088$377,00023.14%***

            City Centre, Mississauga Sales History More

            Creditview, Mississauga: Overall Sales Statistics for Condos
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            Neighborhood Sales Statistics
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            Neighborhood Rent Statistics
            Creditview, Mississauga: Detailed Sales & Rent Statistics for Condos
            1806 4070 Confederation Pkwy Property & Location Overview Powered by AIDA
            Listing Overview


            1806 4070 Confederation Pkwy is a condo apt apartment, located in City Centre of city of Mississauga, Peel region, near Burnhamthorpe & Confederation, and has been available for sale on ITRealty since 2021-01-13. This unit is located at level 17 of the building and has West exposure of Confederation Pkwy. Condo registry office is PSCC, corporation number 954.

            Lot Size and Living Area:

            1806 4070 Confederation Pkwy has 4+0 rooms in total, including 1+0 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
            Living area of this condo unit is within the range of 500-599 square feet. 4070 Confederation Pkwy building was built appriximately 6-10 years ago.
            1.0 parking space(s) are owned and located undergrnd at level P-5 . The locker is exclusiv. An ensuite laundry is available at the unit.

            Heating and Cooling:

            The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:

            This condo is featuring Clear View, Hospital, Library, Public Transit, School, School Bus Route at, or near the property.
            AIDA has also found the following features: Open Concept, Motivated Seller Indications, Swimming Pool, AIDA Recommended, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

            Price & Cost Overview


            1806 4070 Confederation Pkwy condo apt is listed for $469,000. Property tax for year 2020 was $1,981. And the monthly maintenance fee was $401.

            Comparative Market Analysis:

            There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $487,070.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $1,760, and total expenses, including the mortgage, property tax and maintenance, fee around $1,958, assuming $469,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 1806 4070 Confederation Pkwy, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $7,000 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Overview


            City Centre, where 4070 Confederation Pkwy is located, has $669,201 Home Price Index, and $2,157 Home Rent Index. Average household income at dissemination area of 4070 Confederation Pkwy is $53,358, and average polulation age is 37 years old.
            Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $947,705, and average Home Rent Index $2,610.

            Similar Properties & Community Details:

            There are similar to 1806 4070 Confederation Pkwy 1 bedr condo apt condos listed For Sale and For Rent in city of Mississauga.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 4070 Confederation Pkwy.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at City Centre neighborhood in city of Mississauga.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 80, 70, and 65 accordingly, location of 4070 Confederation Pkwy overall can be described as Very Walkable, Excellent Transit, and Bikeable.

            1806 4070 Confederation Pkwy Listings History Powered By AIDA
            Creditview, Mississauga Sales & Rent History Powered by AIDA

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            City of Mississauga Condos MOI (Months of Inventory)
            Last month sales statistics:
            It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (34 days).
            Sellers are not likely to negotiate the price, but it is easier to sell your own property.
            Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
            How often similar homes sell?
            You may expect 10 to 12 properties like that to be sold in City Centre during the next 30 days.
            Seasonal sales fluctuation is showing 8% inventory increase comparing to the average annual number, which is equvalent to 10.17 properties sold per month, and -11% decline comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 9 days, which is 18 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
            Seasonal sales fluctuation is showing 34% D.O.M. increase comparing to the average annual number, which is equvalent to 19 D.O.M., and 16% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
            At what price can it be sold?
            Similar properties currently sell at 1.62% below its asking price in City Centre.
            The selling to asking price ratio is declining in City Centre.
            This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W5083644 Comparative Market Analysis

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