385 Prince of Wales Drive, Mississauga, ON

$499,999
MLS#:W11559169
1 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of City Centre. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

**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!

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 17, 2025
Sold price information is available to members only
Listed Date11/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick
CountyPeel
Annual Tax$2,546.49

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Arts Centre, Library, Public Transit

Community Features

Location

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385 Prince of Wales Drive, Mississauga, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 385 Prince of Wales Drive 701, Mississauga, ON L5B 0C6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$399,999.2
Monthly Mortgage$2,324
Property Tax (Est.)$212
Utilities & Maint.$350
Total Monthly Cost$2,886

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Mississauga.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for City Centre, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$560,086

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

Bishop Scalabrini
Public225 Central Parkway West, Fairview, Mississauga, Ontario, L5B 3J5
6.4
Elm Drive
Public100 Walford Court, Fairview, Mississauga, Ontario, L5B 1T8
4.9
Corpus Christi
Public4155 Elora Drive, Creditview, Mississauga, Ontario, L5B 3N4
6.4
St Philip
Public345 Fairview Road West, Fairview, Mississauga, Ontario, L5B 3W5
7.2
Sts Peter & Paul
Public4205 Woodington Drive, Rathwood, Mississauga, Ontario, L4Z 1K2
6.9

Secondary Schools

Father Michael Goetz
Public330 Central Parkway West, Fairview, Mississauga, Ontario, L5B 3K6
4.0
Iona SS
Public1585, Mississauga Valleys, Mississauga, Ontario, L5A 3W9
6.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.