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58 days on Market

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

In the same building:
-
$529,900
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Condo
1
1
~600-699 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$821/sqft

Est. Mortgage$2,276/mo

Maintenance fees$535/mo

Tax Amount (2024)$2,371/yr

Days On Market58 days


Description

**Investment Property with existing income, offering a 3.78% Cap Rate** AAA Tenant with rental income of $2,400/month & 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 such as the Go and Soon to be LRT! Easy access to Hwy 403 & Square One Shopping Centre! Indulge in the Many Restaurants, Cafes, Cinema, YMCA, Living Arts Centre, Public Library and the Performing Arts Venue!


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberW9366840
Community NameCore Mississauga
Data SourceTRREB

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Foyer

2.88 x 1.06

Hardwood Floor / Closet

Kitchen

2.59 x 2.43

Ceramic Floor / Stainless Steel Appl / Granite Counter

Living

5.42 x 3.44

Hardwood Floor / W/O To Balcony / North View

Dining

5.42 x 3.44

Hardwood Floor / 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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Comparable Sales

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350 Webb Dr #606, Mississauga
••••••••• sq ft
Listed by SUNSHINE REALTY BROKERAGE INC.
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Sold for $•••,•••
4099 Brickstone Mews #302, Mississauga
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3900 Confederation Pkwy #2905, Mississauga
••••••••• sq ft
Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.

Market DataFor the past 30 days in Core Mississauga

Median Selling Price

$573,000

10.47% less than GTA:

$640,000

Median Bidding

Underbidding - Trending to buyer market

-$14,000

GTA median: -$14,000

Median Number of Sales

133 sales

1803 sales less than GTA:

1936 sales

Median Number of Days on Market

24 days

4 days less than GTA:

28 days

Want more insights?Visit the Market Pulse


Schools and amenities

Estimated Budget