A pic from exterior of the house or condo, the view of city buildings for 385 Prince of Wales Dr #701, Mississauga Ontario L5B 0C6
23 days on Market

385 Prince of Wales Dr #701, Mississauga, Ontario L5B 0C6

In the same building:
-
Condo
1
1
~600-699 sqft
$499,999
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Condo
1
1
~600-699 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$774/sqft

Est. Mortgage$2,147/mo

Maintenance fees$535/mo

Tax Amount (2024)$2,371/yr

Days On Market23 days


Description

**Investment Property with AAA Tenant existing income of $2,400/mth & an assumable lease expiring August 14th, 2025! High demand building for rentals! Amazing opportunity for buyers requiring additional income to qualify for a mortgage! Spacious unit with a functional layout! Open Concept Kitchen With Stainless Steel Appliances, Granite Counter Tops & A Large Breakfast Bar! The Primary Bedroom offers His and Her closets, a large window and updated laminate floors. Tall 9' Ceilings & Modern Baseboards throughout. north facing balcony that offers a tranquil setting & a sunny northern exposure! Quiet unit, yet located right in the heart of Mississauga's City Centre, Close Proximity To Public Transit (Go and Soon to be LRT), Hwy 403 & Square One Shopping Center! Indulge in the Many Restaurants, Cafes, Cinema, YMCA, Living Arts Centre, the Performing Arts Venue & Public Library!


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberW11559169
Community NameCore Mississauga
Data SourceTRREB
Listing byFOREST HILL REAL ESTATE INC.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Foyer

2.88 x 1.06

Laminate / Closet

Kitchen

2.59 x 2.43

Ceramic Floor / Stainless Steel Appl / Granite Counter

Living

5.42 x 3.44

Laminate / W/O To Balcony / North View

Dining

5.42 x 3.44

Laminate / Combined W/Living / Breakfast Bar


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


7Story
Amenities

Concierge, Gym, Indoor Pool

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by FOREST HILL REAL ESTATE INC., Brokerage

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Market Data - Core Mississauga

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

34 days

Compared to

2023

35 days

2022

31 days

2021

10 days

New Listings

Past 30 days

327 listings

Compared to

2023

230 listings

2022

118 listings

2021

26 listings

Units sold

Past 30 days

37 units

Compared to

2023

40 units

2022

45 units

2021

102 units

Median Sold Price

Past 30 days

$600,000

Compared to

2023

$574,000

2022

$597,000

2021

$630,500


Population and Demographics

Overview

Total population 27796
Average household income $95,372

Age (%)

20 to 34
30%
35 to 49
22%
0 to 19
19%
50 to 64
15%
65 and plus
14%

Household composition (%)

Single family
57%
Single person
35%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
43%
Arabic
13%
Urdu
6%
Mandarin
6%
Hindi
5%
Spanish
4%
Tagalog (Pilipino, Filipino)
3%
Yue (Cantonese)
2%
Tamil
2%
Others
2%

House tenancy (%)

Owners
50%
Renters
50%

Schools and amenities

Estimated Budget