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              #1009 388 Prince Of Wales Drive

              near Confederation/Prince Of Wales
              $499,888 1+1bdr • 2ba • 1kit • 700-799sf
              Average Income
              $53,358
              Population Age
              37 y/old
              School Score
              6.80/10
              Price Index Change 1y
              +11.39%
              Price Index Change 3y
              +40.38%
              Rent Index Change 1y
              -3.67%
              Rent Index Change 3y
              +17.55%

              Condo Apt • Apartment #1009 • 10 Level

              #1009 388 Prince Of Wales Drive, City Centre, Mississauga
              • Rooms and Bathrooms 1+1 bedr, 2 bath
              • Kitchens 1
              • area 700-799
              • garage 1.0 Undergrnd
              • exposure E
              • age 6-10
              • locker Owned
              • possession

                Immediate

              $499,888

              $2,310.16
              Tax yr: 2020

              $476.22/m

              CALCULATED NUMBERS:

              $1876.00

              calculator

              $2117

              3

              79 Very Walkable

              83 Excellent Transit

              51 Bikeable

              6.80/10

              Location Details
              • Peel

              • Mississauga

              • City Centre

              • Confederation/Prince Of Wales

              • L5B0A1

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

              EXP REALTY, BROKERAGE

              Property Overview
              ***Still Available!*** L-O-V-E-L-Y -- L-A-Y-O-U-T. The Most Desirable Layout In One Of The Most Desirable Buildings.
              Extras: Fridge, Stove, B/I Dishwasher, Microwave (As Is), Stacked Washer And Dryer.
              Rooms details
              Basement
              • None
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              • Listing added to site: 2020-11-19 18:53:58
              • Last updated: 2020-11-25 11:24:37
              • Photos updated: 2020-11-19
              • Contract date: 2020-11-19
              • Input date: 2020-11-19
              • Expiry date: 2021-03-31
              • 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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              Travel Times, Streetview, Walkscore
              1009 388 Prince Of Wales Drive Property & Location Overview Powered By AIDA
              Listing Overview

              General:

              1009 388 Prince Of Wales Drive is a condo apt apartment, located in City Centre of city of Mississauga, Peel region, near Confederation/Prince Of Wales, and has been available for sale on CondosDirect since 2020-11-19. This unit is located at level 10 of the building and has East exposure of Prince Of Wales Dr. Condo registry office is PSCC, corporation number 834.

              Lot Size and Living Area:

              1009 388 Prince Of Wales Drive has 5+1 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. 388 Prince Of Wales Drive building was built appriximately 6-10 years ago. 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:


              AIDA has also found the following features: Motivated Seller Indications, AIDA Recommended, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

              Price & Cost Overview

              General:

              1009 388 Prince Of Wales Drive condo apt is listed for $499,888. Property tax for year 2020 was $2,310. And the monthly maintenance fee was $476.

              Comparative Market Analysis:

              There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $553,901.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $1,876, and total expenses, including the mortgage, property tax and maintenance, fee around $2,108, assuming $499,888 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 1009 388 Prince Of Wales Drive, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              City Centre, where 388 Prince Of Wales Drive is located, has $538,137 Home Price Index, and $2,257 Home Rent Index. Average household income at dissemination area of 388 Prince Of Wales Drive is $53,358, and average polulation age is 37 years old.
              Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $931,397, and average Home Rent Index $2,607.

              Similar Properties & Community Details:

              There are similar to 1009 388 Prince Of Wales Drive 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 388 Prince Of Wales Drive.
              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 388 Prince Of Wales Drive, 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.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 79, 83, and 51 accordingly, location of 388 Prince Of Wales Drive overall can be described as Very Walkable, Excellent Transit, and Bikeable.

              1009 388 Prince Of Wales Drive Listings History Powered by AIDA
              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 55 to 67 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 49.25 properties sold per month, and 12% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 9 days, which is 12 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 28% D.O.M. increase comparing to the average annual number, which is equvalent to 16 D.O.M., and 7% 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 very close to 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 W4994779 Comparative Market Analysis
              1009 388 Prince Of Wales Drive 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 +11.39% comparig to the City of Mississauga average of +16.585%

              Price Index 3y

              Price Index change was +40.38% comparig to the City of Mississauga average of +9.23%

              Rent Index 1y

              Rent Index change was -3.67% comparig to the City of Mississauga average of +1.835%

              Rent Index 3y

              Rent Index change was +40.38% comparig to the City of Mississauga average of +9.23%

              Walkscore

              Walkscore 79 out of 100 means Very Walkable

              Transitscore

              Transitscore 83 out of 100 means Excellent Transit

              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)

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              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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