Skip to main
    One Park Tower Condos
    by Daniels Corporation

    388 Prince of Wales Dr

    1for Sale
    7for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    37
    Number of Units:
    404
    Condo Completion:
    2008
    Condo Demand:
    Medium
    Unit Size Range:
    467 - 1546 SQFT
    Unit Availability:
    Medium
    Property Management:
    Maple Ridge Community Management

    Amenities

    BBQ
    Security System
    Games Room
    Rooftop Deck
    Guest Suites
    Concierge

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 388 Prince of Wales DrOne Park Tower Condos

    The One Park Tower Condos is quite the luxurious building, hence the name of the street on which it sits. Located at 388 Prince of Wales Drive in Mississauga’s Downtown Core neighbourhood, the condo is aptly outfitted with a hotel-like lobby (equipped with a 24-hour concierge and all), first-class amenities, and intricately landscaped grounds.

    Built in 2008 by Daniels Corporation, 388 Prince of Wales still ranks 4th on the list of tallest buildings in Mississauga, at 37 storeys. The enormous tower contains 404 suites, the majority of which are home to young, sociable residents. Those living in the building aren’t shy to use the One Park Tower’s many amenities, such as the gym, indoor pool, sauna, guest suites, party room, terrace with barbecues, and visitor parking.

    The Suites

    While none of the homes at 388 Prince of Wales are quite palatial in size, suites range from cozy 450-square-foot studios to 1,500-square-foot, three bedroom units. This means that all sorts of prospective residents are accounted for, from single professionals to sizeable families and everyone in between.

    In terms of style the homes at 388 Prince of Wales are modern, yet elegant with their large windows, hardwood flooring, stainless steel appliances, and granite countertops. Best of all, every unit contains at least one balcony, while some even boast two.

    The Neighbourhood

    Living in the heart of Mississauga’s Downtown Core has its perks for residents of all ages. Those with kids might find they frequent the nearby Playdium Amusement Centre, Cineplex Cinemas, or the YMCA on rainy days, while an easy yet impressive date night for residents of the One Park Tower Condos involves dinner in the neighbourhood before or after a show at the Living Arts Centre.

    When it comes time to shop, residents have no need to leave the neighbourhood either. Groceries can be gathered at Whole Foods or Rabba Fine Foods, while wardrobe upgrades can always be accomplished at the nearby Square One Shopping Centre.

    Transportation

    Thanks to its central location, residents living at 388 Prince of Wales have no trouble getting around Mississauga. Drivers can use Hurontario or Mavis Road to hop onto the 403, which provides access to both the 401 and the 407. Those without cars of their own, on the other hand, can find bus stops on Prince of Wales Drive and Confederation Parkway, as well as at the City Centre Transit Terminal, which takes just 10 minutes to reach on foot.

    Listing History for One Park Tower Condos

    1

    Listings For Sale

    Interested in receiving new listings for sale?

    7

    Listings For Rent

    Interested in receiving new listings for rent?

    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
    0 persons
    Average Age
    3
    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
    Spanish
    1%
    Urdu
    1%
    English
    69%
    Indigenous Language
    16%
    Punjabi
    3%
    Other
    10%
    Education
    High School
    32%
    Apprenticeship
    3%
    University and Above
    25%
    College
    21%
    University Below Batchelor
    1%
    None
    15%
    Major Field of Study
    Personal, Protective & Transportation Services
    5%
    Health & Related Fields
    10%
    Architecture & Engineering
    20%
    Humanities
    4%
    Physical Sciences
    3%
    Math & Computer Sciences
    6%
    Social Sciences
    12%
    Education
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%
    Business Management
    26%

    Price Trend

    Average price of units sold in Downtown Core

    Building Trends At One Park Tower Condos

    Days on Strata

    Units at One Park Tower Condos spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

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

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    17th
    Highest price per SQFT out of 43 condos in the Downtown Core area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    68
    Units were Rented over the past twelve months

    Sales vs Rental Values For This Condo

    1 Bed543 - 1158 SQFT
    Average Cost Per Sqft$754
    Sales Price Range$535,000 - $538,000
    Rental Price Range$2,200 - $3,000
    1 Bed + Den612 - 879 SQFT
    Average Cost Per Sqft$896
    Sales Price Range$570,000 - $660,000
    Rental Price Range$2,400 - $3,000
    2 Bed720 - 1000 SQFT
    Average Cost Per Sqft$855
    Sales Price Range$688,000 - $700,000
    Rental Price Range$2,845 - $3,600
    2 Bed + Den900 - 949 SQFT
    Average Cost Per Sqft$736
    Sales Price Range$690,000 - $690,000
    Rental Price Range$2,850 - $3,500
    3 Bed1100 - 1300 SQFT
    Average Cost Per Sqft$674
    Sales Price Range$770,000 - $865,000
    Rental Price Range$4,550 - $4,550

    How Often Are Units Listed?

    Studio
    Average Sales Availability
    No Data
    Average Rental Availability
    No Data
    Ratio of Unit Type in Building1%
    1 Bed538 - 1158 SQFT
    Average Sales Availability
    Every56Days
    Average Rental Availability
    Every24Days
    Ratio of Unit Type in Building20%
    1 Bed + Den612 - 1112 SQFT
    Average Sales Availability
    Every30Days
    Average Rental Availability
    Every18Days
    Ratio of Unit Type in Building37%
    2 Bed718 - 1300 SQFT
    Average Sales Availability
    Every47Days
    Average Rental Availability
    Every23Days
    Ratio of Unit Type in Building27%
    2 Bed + Den700 - 1546 SQFT
    Average Sales Availability
    Every136Days
    Average Rental Availability
    Every90Days
    Ratio of Unit Type in Building10%
    3 Bed949 - 1500 SQFT
    Average Sales Availability
    Every114Days
    Average Rental Availability
    Every84Days
    Ratio of Unit Type in Building8%

    Maintenance Fees

    One Park Tower Condos vs The Downtown Core Area
    One Park Tower Condos's Avg
    monthly maintenance fee
    $0.66 / SQFT
    Neighbourhood Avg
    monthly maintenance fee
    $0.71 / SQFT

    Similar condos