$589,000

For saleJust listed

#1611 385 Prince Of Wales Drive, Mississauga (City Centre) - Single Family for Sale

#1611 385 Prince Of Wales Drive, Mississauga (City Centre), Ontario, L5B0C6

2 beds2 baths1 parking850 ft²$780/mo condo feeListed 7 days ago

Overview

This 2-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 850 sq ft of space. It has been on the market 7 days, fresher than the Mississauga average of 54 days.

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Description

Welcome to the prestigious Chicago Condominiums by Daniels, ideally located in the heart of Mississauga. This bright and spacious corner suite features 2 bedrooms, 2 full bathrooms, 1parking space, and 1 locker, offering the perfect blend of comfort, style, and convenience. Enjoy breathtaking panoramic city views from your private balcony, accessible from the open-concept living and dining area. Floor-to-ceiling windows fill the space with natural light, creating a warm and inviting atmosphere. Experience the ultimate urban lifestyle just steps from Square One Shopping Centre, the Living Arts Centre, Sheridan College, public transit, GO Transit, restaurants, entertainment, and major highways including the 403, 401, and QEW. Residents enjoy access to over 6,000 sq. ft. of exceptional amenities, including an outdoor terrace, state-of-the-art fitness center, 30-ft indoor rock-climbing wall, virtual golf, home theatre, indoor swimming pool, hot tubs, steam room, party facilities, and ample visitor parking. (id:66096)

Property Details

MLS®: W14131944
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $780/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,872.9/yr
Listed: 7 days ago

Rooms

Main level

Kitchen: 2.39 x 2.62 meters
Dining room: 2.37 x 3.79 meters
Living room: 3.59 x 4.86 meters
Primary Bedroom: 3.56 x 3.52 meters
Bedroom: 3.23 x 3.31 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Tile, Hardwood
Exterior: Concrete, Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Mississauga (City Centre) listings, avg age

54d

Price / ft²

$693

List price

$589K

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 2-bed single family in Mississauga (City Centre) has been listed for 7 days, which is 47 days fresher than the city average of 54. Act while there is still low competition.

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Listed by SAM MCDADI REAL ESTATE INC. · SAM ALLAN MCDADI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5B)

This home lists at $589,000, about 7.5× the local median household income of $79,000.

Carrying it typically needs a household income of about $115,052 (20% down, 25-yr amortization, stress-tested) — roughly 46% above the area median.

Median household income: $79,000
Population: 67,131
Median age: 37.2
Owner / renter: 55% / 45%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L5B)

$589,000· $693/ft²

For sale

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Full Cost Breakdown

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Down Payment5.76% · $33,900

Min 5.76%50%

Mortgage payment$3,078/mo

↳ CMHC premium ($22,204 capitalized)

Property tax (est.)$323/mo

Condo fee$780/mo

Total monthly$4,180

Cash Needed to Close

Down payment (5.76%)$33,900

Land transfer tax$8,255

Est. closing costs$4,267

Total cash needed$46,422

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