385 Prince Of Wales Dr, Unit #701
City Centre, Mississauga
$529,900
Buy with Dwelly and Save $5,299
Home Details
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Listing Description
**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!
City: Mississauga
Neighborhood: City Centre
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Aug 6, 2024 | 2 | $2,400 | $2,400 | Leased | W9241291 |
| Jul 8, 2024 | 79 | $529,900 | N/A | Terminated | W9017764 |
| Jun 19, 2024 | 19 | $529,900 | N/A | Terminated | W8461040 |
| May 27, 2024 | 24 | $539,000 | N/A | Terminated | W8377106 |
| Jun 19, 2023 | 27 | $2,400 | $2,400 | Leased | W6174488 |
| Jul 25, 2022 | 3 | $2,300 | $2,300 | Leased | W5709445 |
| Jun 23, 2022 | 34 | $600,000 | N/A | Terminated | W5672191 |
| May 25, 2022 | 29 | $615,000 | N/A | Terminated | W5632230 |
| Apr 21, 2022 | 34 | $630,000 | N/A | Terminated | W5586372 |
| Apr 20, 2022 | 1 | $645,000 | N/A | Terminated | W5583887 |
| May 4, 2020 | 18 | $508,888 | N/A | Suspended | W4753440 |
| Jun 8, 2010 | 35 | $1,250 | $1,250 | Leased | W1893342 |
Rooms
Room dimensions for 385 Prince Of Wales Dr, Unit #701, Mississauga
Building Amenities
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 385 Prince Of Wales Dr701 is 3345
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $529900 |
| Down Payment | $105980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $423920 |
Monthly Payment
| Mortgage Payment | $2612 |
| Property Taxes | $198 |
| Maintenance Fees | $535 |
| Monthly Payment | $3345 |
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About 385 Prince Of Wales Dr, Unit #701, Mississauga
Located at 385 Prince Of Wales Dr Unit #701, this Mississauga condo is available for sale. This property was listed for $529,900 on Wed Sep 25 2024. This condo's size is 600-699 Sqft. It has 1 bedroom and 1 bathroom. Monthly maintenance is $535 per month and taxes are approximately $2,372 annually. Views are to the North from this property. Step outside onto the open balcony. The property's amenities include Concierge, Gym, Indoor Pool. The property includes the following rooms: Foyer, Kitchen, Living, Dining, Prim Bdrm, Other. This property comes with 1 parking spots. This property also comes with a locker. Heat is included with this property. 385 Prince Of Wales Dr, Mississauga is situated in the City Centre neighbourhood.
MLS#: W9366840 · $529,900 · 1 bedroom condo in City Centre, Mississauga