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    1106 - 385 Prince of Wales Drive

    For SaleChicago Condos
    $539,000
    Price Cut: $545,000
    1 Bed
    1 Bath
    1 Parking
    500 - 599 SQFT
    22 Days on Strata
    Est Sell Timeframe
    13 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $900 - $1,078/sqft
    Maintenance Fees:
    $498/mth
    Taxes:
    $2,230 (2023)
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    Immediately/Flexible
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    10.7 x 11.39ft
    Dining
    Laminate, Combined with Living, Open Concept
    10.7 x 11.39ft
    Kitchen
    Laminate, Stainless Steel Appliances, Centre Island
    9.15 x 5.25ft

    About this Listing

    Welcome to this Exquisite South Facing One Bedroom+Media Condo Suite in the Prestigous Chicago Tower Located in Mississauga City Centre. Functional Layout with Full Sized Eat-In Kitchen. S/S Kitchen Appliances and Granite Counters. Natural Sunlight with Open Balcony. Laminate Flooring Throughout. Media Area Offers a Flexible Space that Can be Used as Home Office or Extra Seating Area. Freshly Painted (2024). Steps To Square One Shopping Centre, City Hall, Sheridan College, Celebration Square, Public Library and Cineplex. Quick Access to Hwy 403/410/401& Public Transit.

    ExtrasState of Art Amenities Incl. Concierge, Fitness Studio, Rooftop Terrace/Garden, Virtual Golf, Indoor Pool, Rock Climbing Wall, Theatre and Lots of Underground Visitor Parking! One Parking (P2-#164)&One Locker (P2-LR3-#226) Included.

    aimhome realty inc.MLS® #W8221116


    Amenities

    Visitor Parking
    Indoor Pool
    Media Room
    Party Room
    Rec Room
    Indoor Parking

    Nearby Amenities

    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!'

    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
    Household Income
    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%

    Days on Strata

    Units at Chicago Condos spend an average of
    30
    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

    Turnover of Units

    On average, each unit is owned for
    5.4
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 43 condos in the Downtown Core area

    Sold Units

    19
    Units were Sold over the past twelve months

    Rented Units

    70
    Units were Rented over the past twelve months

    Best Value Rank

    Chicago Condos offers the
    ?
    best value out of 43 condos in the Downtown Core neighbourhood

    Appreciation Rank

    Chicago Condos has the
    ?
    highest ROI out of 43 condos in the Downtown Core neighbourhood

    Rental Yield

    Chicago Condos yields the
    ?
    highest rent prices out of 43 condos in the Downtown Core neighbourhood

    High Demand

    Chicago Condos is the
    ?
    most popular building out of 43 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 - $449,000$520,000 - $555,000$540,000 - $615,000$710,000 - $719,000No DataNo DataNo Data
    Avg. Cost Per Sqft$1,035$908$835$830No DataNo DataNo Data
    Avg. Wait for Unit Availability143 Days25 Days23 Days71 Days98 Days1449 Days327 Days
    Ratio of Units in Building6%33%39%10%7%2%6%

    Maintenance Fees

    Chicago Condos vs The Downtown Core Area

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