701-385 Prince of Wales Drive For Sale

Mississauga, City Centre, L5B 0C6

$529,900

Description

Listed by FOREST HILL REAL ESTATE INC..

**Investment Property with existing income, offering a 3.78% Cap Rate** AAA Tenant with rental income of $2,400/month & 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 such as the Go and Soon to be LRT! Easy access to Hwy 403 & Square One Shopping Centre! Indulge in the Many Restaurants, Cafes, Cinema, YMCA, Living Arts Centre, Public Library and the Performing Arts Venue!

Amenities Incl: An Indoor Pool, Saunas, Whirlpool, Gym, 24hr Concierge, Outdoor Deck, Party Rm, Billiards Rm, Theatre, Virtual Golf, Foosball Table and a Rock-Climbing Wall!

Location

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  • Address: 701-385 Prince of Wales Drive
  • Neighborhood: City Centre
  • City: Mississauga
  • State: Ontario
  • Postal Code: L5B 0C6

Property Details

  • Property ID: W9366840
  • Property Price: $529,900
  • Style: Condo Apt, Apartment
  • Sq/Ft: 600-699
  • Rooms: 4
  • Bedrooms: 1
  • Bath: 1
  • Garages Spaces: 1
  • Garage: Underground
  • Parking Spaces: 1
  • A/C: Central Air
  • Den: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: N
  • Patio/Terrace: Open
  • Taxes: $2,371.30 (2024)
  • Condo Corp.: PSCC
  • Condo Corp #: 894
  • Exposure: N
  • Locker: Owned
  • Locker #: B234
  • Parking Type: Owned
  • Pets: Restrict
  • Property Manager: City Towers Property Management
  • # of stories: 7
  • Heat Incl.: Y
  • Water Incl.: Y
  • Maintenance: 534.98
  • Ammenities: Concierge, Gym, Indoor Pool

Room details and dimensions

Statistics for similar Condo Apt condos in City Centre

The graph below compares the average list price and average sale price of condos in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Condo Apt condos in City Centre

The graph below illustrates the average days on market for condos in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Condo Apt condos in City Centre

Property History

This property has been sold 12 times before. To view this property's sale price history please sign in or register:


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Recently Sold

    • Sold 37 days ago

    617-385 Prince of Wales Drive

    Mississauga, City Centre, L5B 0C6

    $539,500

    $000000

    • Sold 83 days ago

    2905-385 Prince Of Wales Drive

    Mississauga, City Centre, L5B 0C6

    $589,000

    $000000

    • Sold 55 days ago

    311-360 Square One Drive

    Mississauga, City Centre, L5B 0G7

    $579,999

    $000000

  • Contact Manoj Kukreja

    Sales Representative, Re/max Premier Inc., Brokerage
    (647) 576 - 2100

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