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    Chicago Condos

    385 Prince of Wales Drive & 383 Prince of Wales Drive

    10for Sale
    9for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    36
    Number of Units:
    484
    Condo Completion:
    2010
    Condo Demand:
    Medium
    Unit Size Range:
    373 - 1,800 SQFT
    Unit Availability:
    Medium
    Property Management:
    No Data

    Listing History for Chicago Condos

    Amenities

    Games Room
    Visitor Parking
    Rec Room
    BBQ
    Rooftop Deck
    Sauna

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 385 Prince of Wales DriveChicago Condos

    Regardless of what the name implies, the Chicago Condos is certainly not located south of the border, in the windy city. Instead, this modern Canadian condominium can be found at 385 Prince of Wales Drive and 383 Prince of Wales Drive in Mississauga.

    Daniels Corporation is responsible for the creation of the Chicago Condos, and the tower comprised the developer’s 6th building in its master-planned City Centre Community. Kirkor Architects Planners designed the 36-storey residential edifice, and construction was completed in 2010.

    In addition to 484 homes, over 17,000 square feet is dedicated to amenities. Residents have access to a gym, indoor pool, sauna, party room, theatre, games room, rock-climbing wall, virtual golf, and terrace with barbecue and dining area — plus the building is equipped with a concierge and underground parking.

    The Suites

    The homes at 385 Prince of Wales Drive range dramatically in terms of size and layout: Suites start at approximately 450 and reach to around 6,000 square feet, and consist of anything from studios to three bedroom plus den units. Style-wise, however, the homes throughout the building feel rather consistent, thanks to thoughtful interior design details by Hudson Kruse.

    The Neighbourhood

    Planned with active residents in mind, the Chicago Condos is situated in Mississauga’s most exciting neighbourhood: the Downtown Core. Those living in the building can walk just a few short blocks in order to reach local attractions like the Cineplex Cinemas Mississauga, the Living Arts Centre, the Art Gallery of Mississauga, and Square One Shopping Centre. And when it comes time to stock up on groceries, residents at 385 Prince of Wales Drive can choose between grabbing organic goods from Whole Foods or exploring the Asian imports at T&T Supermarket.

    Transportation

    With bus stops right outside the front door of 385 Prince of Wales, even residents who prefer not to drive can get around the city with ease. The 20 Rathburn and 26 Burmanthorpe buses come in handy for those hoping to connect onto the TTC subway system, as both of these buses carry passengers to Islington Station on the Bloor-Danforth line. Drivers, on the other hand, can make use of nearby highways like the 403, the 401, and the QEW.

    10

    Listings For Sale

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    9

    Listings For Rent

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    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%

    Price Trends

    Days on Strata

    Units at Chicago Condos spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    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

    3%
    Increase in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 43 condos in the Downtown Core area

    Sold Units

    18
    Units were Sold over the past twelve months

    Rented Units

    69
    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$1,036$908$812$830No DataNo DataNo Data
    Avg. Wait for Unit Availability146 Days25 Days23 Days71 Days108 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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