Condominium · City Centre, Mississauga
The Capital II Condos4080 Living Arts Drive and 320 City Centre Drive, Mississauga, ON
The South Tower of Capital Towers, a 30-storey condo on Living Arts Drive
As of October 2026, The Capital II Condos has 3 units for sale from $449.9K to $499.9K (median $464.9K) and 2 for rent from $2,500 to $2,825 a month. Maintenance fees run $575 to $697 a month, and these listings have been on the market for an average of 17 days.
- Year Built
- 2006
- Units
- 370
- Floors
- 30
- Asking Now
- $449.9K–$499.9K
- Maintenance
- $575–$697/mo
3 units for sale at 4080 Living Arts Drive and 320 City Centre Drive, plus 2 for rent
The Capital II Condos by address
The Capital II Condos spans 4080 Living Arts Drive and 320 City Centre Drive, Mississauga. Here is what is listed at each address right now.
4080 Living Arts Drive, Mississauga
- For sale:
- 2 units, $464.9K to $499.9K
- For rent:
- 2 units, $2,500 to $2,825/mo
320 City Centre Drive, Mississauga
- For sale:
- 1 unit, $449.9K
- For rent:
- none right now
About The Capital II Condos
Developed by The Daniels Corporation, the community spans several buildings. Amenities include an indoor pool, a concierge, a fitness centre, and a sauna. Pets are allowed with restrictions.
Modern Living by Daniels. The Daniels Corporation completed The Capital II Condos in 2006. The 30-storey tower has two addresses, 4080 Living Arts Drive and 320 City Centre Drive, in Mississauga's City Centre. It holds 370 suites in the heart of the city.
Functional Suite Layouts. Suites have practical, modern layouts. They range from about 550 to 1,100 square feet, which suits singles, couples and investors.
The Capital Retreat. Owners share the Capital Retreat, a 14,000-square-foot amenity centre, with the sister tower, The Capital, the Capital Towers North Tower, at 4090 Living Arts Drive. It has an indoor pool, saunas and fitness and cardio rooms. Owners can relax on the rooftop patio or play pool and table soccer in the lounge.
An Unmatched Location. The tower sits right on Living Arts Drive. The Living Arts Centre, Celebration Square and Square One are all a short walk. The central library and Sheridan College are close too, and buses leave from the downtown terminal next door.
Nearby and Market. Wesley Tower is a newer neighbour to compare. Monthly price trends for the core are in the City Centre report.
Unit Types in This Building
| Unit Type | Asking Now | Size | Maint. /ft²/mo |
|---|---|---|---|
| 1 Bed | None listed | — | — |
| 1 Bed + Den | $449.9K–$499.9K | 650–750 ft² | $0.88–$0.93 |
| 2 Bed | None listed | 850 ft² | — |
| 2 Bed + Den | None listed | — | — |
| 3 Bed | None listed | — | — |
Prices shown are current asking prices for active For Sale listings of that unit type -- not sold prices, and not every unit type has one on the market right now.
$/ft²/mo is each unit type's monthly maintenance fee divided by its size, from this building's current listings only.
Building Amenities
- Concierge
- Elevator
- Exercise Room
- Game Room
- Guest Suites
- Gym
- Indoor Pool
- Party Room/Meeting Room
- Recreation Room
- Sauna
- Visitor Parking
Compiled from amenities reported in this building's past listings. Not an official building amenities list and may be incomplete or out of date -- confirm directly with the condo corporation or property management.
Maintenance fee reflect this building's currently active listings, not an official building-wide figure -- individual units may differ. Data provided by MLS® and should be independently verified; no liability is assumed for any errors or omissions.
City Centre Neighbourhood
The Capital II Condos is located in City Centre, Mississauga.
See what's nearby -- schools, parks, shopping and transit -- in the map below.
Explore the City Centre neighbourhood guideWhat’s Nearby
Nearby Schools
Elementary
- École élémentaire Le Flambeau186 m · 2 min walk
CS Viamonde — JK-6
- Meadowvale Village Public School186 m · 2 min walk
Peel DSB — JK-6
- Miller's Grove School186 m · 2 min walk
Peel DSB — JK-6
- St Catherine of Siena School186 m · 2 min walk
Dufferin-Peel CDSB — JK-8
- St Margaret of Scotland School186 m · 2 min walk
Dufferin-Peel CDSB — JK-8
Secondary
- Applewood Heights Secondary School186 m · 2 min walk
Peel DSB — 9-12
School details come from the Ontario Ministry of Education and the school boards, and may change. Boundaries, programs and grades are set by each board and can change from year to year, so confirm with the board before you buy.
Nearby Amenities
Cafe
- Tim Hortons115 m
Grocery
- Up Side Down Mini Market185 m
Park
- Queen Elizabeth II Jubilee Garden111 m
- Community Common125 m
Recreation
- Orangetheory Fitness226 m
Restaurant
- Gabby's184 m
- Thai Room Grand202 m
- Kinten Ramen247 m
The Capital II Condos Market Snapshot
Live snapshot of this building's own listings -- rentals not included
Bedrooms
The Capital II Condos currently has 3 homes for sale, with a median asking price of $464.9K, averaging 25 days on market. Over the last 24 months, 22 units have sold in the building at a median of $503K — selling at 98% of asking price.
The Capital II Condos by the numbers
vs City Centre and Mississauga
At The Capital II Condos, the median asking price for condo apartments is $464.9K, lower than City Centre ($500K) and Mississauga ($525K).
At The Capital II Condos, condo apartments that sold over the last 24 months went for a median of $649 per square foot, about the same as City Centre ($653), and higher than Mississauga ($614).
At The Capital II Condos, sales over the last 24 months closed at 98% of the asking price, higher than City Centre (97%) and Mississauga (97%).
At The Capital II Condos, listings have been on the market for an average of 25 days, shorter than City Centre (49) and Mississauga (55).
At The Capital II Condos, there are 3.3 months of inventory at the recent sales pace, fewer than City Centre (6.8) and Mississauga (6.4).
| Metric | The Capital II Condos Live snapshot · sold last 24mo | City Centre 2026-10-01 · sold last 24mo | Mississauga 2026-10-01 · sold last 24mo |
|---|---|---|---|
| Active Listings | 3 | 282 | 761 |
| Median Asking Price | $464.9K | $500K | $525K |
| Avg. Days on Market | 25 | 49 | 55 |
| Sold (24mo) | 22 | 1,050 | 2,740 |
| Median Sold Price | $503K | $510K | $520K |
| Median $/sqft (Sold) | $649 | $653 | $614 |
| Sale-to-List Ratio | 98% | 97% | 97% |
| Months of Inventory | 3.3 mo | 6.8 mo | 6.4 mo |
Active Inventory
Active Listings by Unit Type
| Unit Type | Count | Median | Highest | Lowest | Avg. DOM |
|---|---|---|---|---|---|
| 1 Bed + Den | 3 | $464.9K | $499.9K | $449.9K | 25 |
Closed Sales — Last 24 Months
Sold $/Sqft by Quarter
▲ +8.9% over 4 quartersMedian sold price per square foot each quarter, last 24 months. Quarters with too few sales to protect an individual sale price are omitted.
Aggregate estimates from TRREB MLS® data (PropTx feed). Deemed reliable but not guaranteed, and not an appraisal. Full terms.
Frequently Asked Questions
Who developed The Capital II Condos?
The Capital II Condos was developed by the highly respected Daniels Corporation and completed in 2006.
How many storeys and suites are there at The Capital II Condos?
The building stands 30 storeys tall and contains 370 residential suites.
What size range of suites is available in the building?
Suites at The Capital II Condos feature functional, modern layouts ranging in size from approximately 550 square feet to 1,100 square feet.
What is the Capital Retreat?
The Capital Retreat is an expansive 14,000-square-foot shared amenity complex shared with the sister tower, The Capital, at 4090 Living Arts Drive.
What amenities are featured inside the Capital Retreat?
The 14,000-square-foot facility includes a modern indoor swimming pool, relaxing saunas, fully equipped fitness and cardio rooms, an open-air rooftop patio, and a sports lounge with billiards and foosball.
Where is The Capital II Condos located?
The building is located at 4080 Living Arts Drive (also 320 City Centre Drive) in Mississauga, placing residents just steps from the Living Arts Centre.
Similar & Nearby Buildings
Other buildings in this pocket of City Centre with units on the market right now.
View Building
The Capital Condos
4090 Living Arts Drive
For Sale: $400k - $550k · Median $500k
Maintenance Fees: $624–$812/mo
For Rent: $2,500 - $3,000/mo · Median $2,850/mo
Building Features: Built 2006
View Building
Wesley Tower Condos
4065 Confederation Parkway
For Sale: $399k - $800k · Median $495k
Maintenance Fees: $143–$772/mo
For Rent: $2,250 - $3,900/mo · Median $2,400/mo
Building Features: 450 units · 43 floors · Built 2021
View Building
Grand Residences of Parkside Village
4070 Confederation Parkway
For Sale: $449k - $558k · Median $537k
Maintenance Fees: $603–$861/mo
For Rent: $2,200 - $2,390/mo · Median $2,350/mo
Building Features: 453 units · 45 floors · Built 2014
View Building
One Park Tower
388 Prince of Wales Drive
For Sale: $500k - $590k · Median $537k
Maintenance Fees: $590–$778/mo · Suite Sizes: 557–1,500 ft²
For Rent: $2,100 - $3,100/mo · Median $2,425/mo
Building Features: 404 units · 37 floors · Built 2008
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Miko Nalepa
Realtor® at The Condo Bar Real Estate · RECO #4737024
Realtor® with Right At Home Realty, Brokerage, covering condos and townhouses in Mississauga, Oakville, Burlington and Milton. More about Miko Nalepa
Building details are approximate and may change. Confirm fees, sizes and availability with the condo corporation before you buy.