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              #1605 385 Prince Of Wales Dr

              near Burnhamthorpe / Confederation
              $558,800 1+1bdr • 2ba • 1kit • 700-799sf
              Average Income
              $53,358
              Population Age
              37 y/old
              School Score
              6.80/10
              Price Index Change 1y
              +11.33%
              Price Index Change 3y
              +40.31%
              Rent Index Change 1y
              -3.71%
              Rent Index Change 3y
              +17.50%

              Condo Apt • Apartment #1605 • 16 Level

              #1605 385 Prince Of Wales Dr, City Centre, Mississauga
              • Rooms and Bathrooms 1+1 bedr, 2 bath
              • Kitchens 1
              • area 700-799
              • garage 1.0 Undergrnd
              • exposure Se
              • age n/a
              • locker Owned
              • possession

                Flexible

              $558,800

              $2,492.49
              Tax yr: 2020

              $536.59/m

              CALCULATED NUMBERS:

              $2097.00

              calculator

              $2205

              3

              6.80/10

              Location Details
              • Peel

              • Mississauga

              • City Centre

              • Burnhamthorpe / Confederation

              • L5B0C6

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              ROYAL LEPAGE NEW CONCEPT, BROKERAGE

              Property Overview
              ***Tons Of Natural Lights & Spacious Corner Suite With Unobstructed View In Chicago Bldg*** One Of The Best Floor Plan For Open Concept One Bed + Den With 9 Ft Ceilings. Upgraded Kitchen, S/S Appliances, Centre Island, Granite Countertop, Hardwood Floor Thru-Out. Amazing Amenities Including Indoor Pool, Whirlpools, Steam Sauna, Gym, Rock Climbing, Virtual Golf, Game & Media Room. Step To Square One, Go Train, Bus Terminal, Ymca, Sheridan College & Library.
              Extras: Existing S/S Fridge, Stove, Dishwasher, Microwave, Washer & Dryer, All Elfs, All Window Blinds. One Parking(P3 #392) & One Locker(P3-Room#1 #436)
              Video tour available. Click to watch.
              Property Features
              • Arts Centre
              • Clear View
              • Library
              • Public Transit
              • Rec Centre
              • Concrete
              • Concierge
              • Gym
              • Indoor Pool
              • Rooftop Deck/Garden
              • Sauna
              • Visitor Parking
              • Common Elements Included
              • Ensuite Laundry
              • Heat Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Hydro Included
              • Family Room
              • Cable TV Included
              Rooms details
              Living
              • Flat Level
              • Hardwood Floor
              • Combined W/Dining
              • Open Concept
              • Size 4.38x3.26
              Dining
              • Flat Level
              • Hardwood Floor
              • Combined W/Living
              • Open Concept
              • Size 4.38x3.26
              Kitchen
              • Flat Level
              • Hardwood Floor
              • Stainless Steel Appl
              • Open Concept
              • Size 3.24x2.17
              Master
              • Flat Level
              • Hardwood Floor
              • 4 Pc Ensuite
              • Large Closet
              • Size 2.98x3.10
              Den
              • Flat Level
              • Hardwood Floor
              • Open Concept
              • Size 2.13x2.13
              Basement
              • None
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              • Listing added to site: 2020-11-20 10:10:36
              • Last updated: 2020-11-20 10:10:36
              • Photos updated: 2020-11-20
              • Contract date: 0000-00-00
              • Input date: 0000-00-00
              • Expiry date: 0000-00-00
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              1605 385 Prince Of Wales Dr Property & Location Overview Powered By AIDA
              Listing Overview

              General:

              1605 385 Prince Of Wales Dr is a condo apt apartment, located in City Centre of city of Mississauga, Peel region, near Burnhamthorpe / Confederation, and has been available for sale on CondosDirect since 2020-11-20. This unit is located at level 16 of the building and has South-East exposure of Prince Of Wales Dr. Condo registry office is PSCP, corporation number 894.

              Lot Size and Living Area:

              1605 385 Prince Of Wales Dr has 5+0 rooms in total, including 1+1 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 700-799 square feet.
              1.0 parking space(s) are owned and located undergrnd at level P3 / #392 . The locker is owned. An ensuite laundry is available at the unit.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:

              This condo is featuring Arts Centre, Clear View, Library, Public Transit, Rec Centre at, or near the property.
              AIDA has also identified the following listing features: Open Concept, Swimming Pool.

              Price & Cost Overview

              General:

              1605 385 Prince Of Wales Dr condo apt is listed for $558,800. Property tax for year 2020 was $2,492. And the monthly maintenance fee was $537.

              Comparative Market Analysis:

              There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $536,600.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,097, and total expenses, including the mortgage, property tax and maintenance, fee around $2,349, assuming $558,800 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 1605 385 Prince Of Wales Dr, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              City Centre, where 385 Prince Of Wales Dr is located, has $537,870 Home Price Index, and $2,256 Home Rent Index. Average household income at dissemination area of 385 Prince Of Wales Dr is $53,358, and average polulation age is 37 years old.
              Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $931,330, and average Home Rent Index $2,607.

              Similar Properties & Community Details:

              There are similar to 1605 385 Prince Of Wales Dr 1 bedr condo apt condos listed For Sale and For Rent in city of Mississauga.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 385 Prince Of Wales Dr.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at City Centre neighborhood in city of Mississauga.

              Schools:

              There are at least 2 school(s) located near 385 Prince Of Wales Dr, or schools, which boundaries this address belongs to with an average School Score 6.80 out of 10. Here are more details about these schools:
              1. Queenston Drive Public School, Public, Elementary, ranked as Good.
              2. TL Kennedy Secondary School, Public, Secondary, ranked as Good.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              City Centre, Mississauga Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Mississauga Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (56 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 58 to 71 properties like that to be sold in City Centre during the next 30 days.
              Seasonal sales fluctuation is showing 25% inventory increase comparing to the average annual number, which is equvalent to 51.67 properties sold per month, and 10% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 7 days, which is 14 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 24% D.O.M. increase comparing to the average annual number, which is equvalent to 17 D.O.M., and 5% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell at 1.12% below its asking price in City Centre.
              The selling to asking price ratio is slighyly growing, as this housing type demand remains stable in City Centre.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4995260 Comparative Market Analysis
              1605 385 Prince Of Wales Dr Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in City Centre, Mississauga, to the City of Mississauga for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +11.33% comparig to the City of Mississauga average of +16.61%

              Price Index 3y

              Price Index change was +40.31% comparig to the City of Mississauga average of +9.23%

              Rent Index 1y

              Rent Index change was -3.71% comparig to the City of Mississauga average of +1.835%

              Rent Index 3y

              Rent Index change was +40.31% comparig to the City of Mississauga average of +9.23%

              Walkscore

              No sufficient data available

              Transitscore

              No sufficient data available

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 6.80 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

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