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    Mississauga / Downtown Core

    2407 - 385 Prince Of Wales Dr

    For RentChicago Condos
    $2,350/mth
    Price Cut: $2,475
    1 Bed
    1 Bath
    1 Parking
    600 - 699 SQFT
    39 Days on Strata
    Est Lease Timeframe
    19 Days

    Listing History

    Unit Highlights

    Possession Date:
    November 24, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North East
    Locker:
    Exclusive
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Combined with Living
    11.42 x 12.14ft
    Dining
    Hardwood Floor, Combined with Dining, Walkout To Balcony
    11.42 x 12.14ft
    Kitchen
    Ceramic Floor, Stainless Steel Appliances, Granite Counter
    11.58 x 10.5ft

    About this Listing

    Luxury Chicago-Style Living in Mississauga Experience the height of urban elegance with this stunning one-bedroom plus den, corner unit in the heart of Mississauga. A seamless blend of luxury and convenience, this refined residence is ideally situated just minutes from Sheridan College.Sophisticated Living Features Elegant Interiors: Thoughtfully designed with granite countertops, polished hardwood floors, freshly painted walls, and enhanced by modern light fixtures.Prime Location: Just steps from Square One, City Hall, and the bus terminal, giving you easy access to Mississaugas top amenities and lifestyle destinations.Unmatched Building Amenities: Enjoy the exclusive Club 365 experience, complete with 24-hour concierge service, an indoor pool, state-of-the-art fitness studio, media room, virtual golf, outdoor terrace with a kitchen, games room, and even a 30-ft rock climbing wall.

    keller williams real estate associatesMLS® #W10423521

    Amenities

    Concierge
    Outdoor Pool
    Indoor Pool
    Rooftop Deck
    Security System
    Sauna

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    9,194
    Average Individual Income
    $63,586
    Average Household Size
    2 persons
    Average Age
    60
    Average Household Income
    $105,144
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    28%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    41%
    High Rise Apartment
    24%
    Semi Detached
    24%
    Low Rise Apartment
    6%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    83%
    Other
    8%
    Punjabi
    4%
    Tagalog
    1%
    Hindi
    1%
    Spanish
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    32%
    University and Above
    25%
    College
    21%
    None
    15%
    Apprenticeship
    3%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    4%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Chicago Condos vs The Downtown Core Area

    Building Trends At Chicago Condos

    Days on Strata

    Units at Chicago Condos spend an average of
    36
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Downtown Core

    Turnover of Units

    On average, each unit is owned for
    5.3
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    16
    Units were Sold over the past twelve months

    Rented Units

    78
    Units were Rented over the past twelve months

    Best Value Rank

    Chicago Condos offers the
    ?
    best value out of 44 condos in the Downtown Core neighbourhood

    Appreciation Rank

    Chicago Condos has the
    ?
    highest ROI out of 44 condos in the Downtown Core neighbourhood

    Rental Yield

    Chicago Condos yields the
    ?
    highest rent prices out of 44 condos in the Downtown Core neighbourhood

    High Demand

    Chicago Condos is the
    ?
    most popular building out of 44 condos in the Downtown Core neighbourhood

    Transaction Insights at 385 Prince of Wales Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$425,000 - $430,000$524,000 - $537,000$495,000 - $600,000$611,000 - $623,800$840,000No DataNo Data
    Avg. Cost Per Sqft$1,035$852$813$817$818No DataNo Data
    Avg. Wait for Unit Availability159 Days25 Days23 Days73 Days131 Days483 Days588 Days
    Ratio of Units in Building6%32%39%11%6%3%5%

    Transactions vs Inventory

    Total number of units listed and leased in Downtown Core