$299,000
For sale: Apartment

Prime turn key investment opportunity at M City in Downtown Mississauga! This 1 bedroom condo comes fully tenanted and professionally managed, delivering immediate, hassle free rental income from day one. Designed to maximize tenant retention and rental yields, the unit features a high demand open concept layout, stainless steel appliances, in suite laundry, and a spacious balcony with sweeping city views. Tenants enjoy resort style amenities including an outdoor saltwater pool, rooftop terrace, winter skating rink, steam room, yoga studio, and games room. Perfectly positioned for long-term capital appreciation, it is steps from Square One, Sheridan College, Living Arts Centre, Central Library, YMCA, and major transit hubs, with seamless access to Highways 403 and QEW.
Sold data
Apartment homes in Mississauga (City Centre) took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 61, across 354 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.
The median sale price was $475,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 354 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Mississauga (City Centre) has 131 Fraser Institute–rated schools (96 elementary and 35 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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