$459,000

For sale

#1802 385 Prince Of Wales Drive, Mississauga (City Centre) - Single Family for Sale

#1802 385 Prince Of Wales Drive, Mississauga (City Centre), Ontario, L5B0C6

2 beds1 bath2 parking750 ft²$673/mo condo feeListed 15 days ago

Overview

This 2-bedroom, 1-bathroom condo in Mississauga is for sale offering roughly 750 sq ft of space. Listed at $459,000, it is attractively priced about 8% below the $499,900 median asking price in Mississauga. It has been on the market 15 days, fresher than the Mississauga average of 55 days.

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Description

Welcome to Chicago Condos in the Heart of Downtown Mississauga! Beautifully maintained Northeast corner unit offering 729 sq. ft. of interior living space plus an 82 sq. ft. balcony. This bright and spacious 2-bedrooms, 1 Bath with 2 parking spots! features 9-ft ceilings, large windows throughout, an open-concept design, and split-bedroom floor plan. Granite kitchen island with stainless steel appliances, excellent views, 1 parking space and 1 locker. Enjoy exceptional building amenities including 24-hour concierge, indoor pool, hot tubs, fitness centre, yoga studio, theatre, rooftop deck with BBQs, and party rooms. Prime location just steps to Square One, YMCA, Mississauga Library, City Hall, public transit, restaurants, and shopping, with easy access to Hwy 403, 401, and QEW. A fantastic opportunity to enjoy convenient downtown Mississauga living! (id:66096)

Property Details

MLS®: W14108204
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground, Tandem
Condo Fee: $673/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,276/yr
Listed: 15 days ago

Rooms

Flat

Living room
Dining room
Kitchen
Study
Primary Bedroom
Bedroom 2

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Oven, Dryer, Microwave, Window Coverings
Flooring: Hardwood
Foundation: Unknown
Exterior: Concrete
Lot Features: Elevator, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Mississauga (City Centre) listings, avg age

55d

Price / ft²

$612

List price

$459K

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 15 days, which is 40 days fresher than the city average of 55. Act while there is still low competition.

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Listed by CENTURY 21 ATRIA REALTY INC. · JOYCE LI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5B)

This home lists at $459,000, about 5.8× the local median household income of $79,000.

Carrying it typically needs a household income of about $89,659 (20% down, 25-yr amortization, stress-tested) — roughly 13% 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)

$459,000· $612/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,950

Min 5%50%

Mortgage payment$2,418/mo

↳ CMHC premium ($17,442 capitalized)

Property tax (est.)$273/mo

Condo fee$673/mo

Total monthly$3,364

Cash Needed to Close

Down payment (5%)$22,950

Land transfer tax$5,655

Est. closing costs$3,877

Total cash needed$32,482

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

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