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    Mississauga / Downtown Core

    701 - 385 Prince of Wales Dr

    For RentChicago Condos
    5.0
    $2,190/mth
    1 Bed
    1 Bath
    1 Parking
    637 SQFT
    4 Days on Strata
    Est Lease Timeframe
    19 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Possession Date:
    April 15, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    Owned
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Foyer
    Laminate
    9.45 x 3.48ft
    Living
    Laminate, Combined with Dining, Walkout To Balcony
    17.78 x 11.29ft
    Dining
    Laminate, Combined with Living, Open Concept
    17.78 x 11.29ft

    About this Listing

    Available April 15th or Later *** Luxury Chicago-Style Living, Large 1 Bedroom Condo, Spacious Bedroom with Large Window and His & Her Closets, *** 9 Feet Ceiling *** Functional Layout With Ample Space To Fit All Of Your Furniture, Fabulous Kitchen With Stainless Steel Appliances, Granite Counter Top That Offers A Large Breakfast Bar ** Double Pane Patio Doors leading out the /north facing balcony ** Tenant to Pay Rent + Hydro ** Electrical Light Fixture, Window Covering, Fridge, Stove, Microwave, B/I Dishwasher, Washer, Dryer, One Parking Level C #192, One Locker Level B #234 *** Condo Building adjacent to RABBA Grocery Store, Medical Clinic, Pharmacy *** Excellent Condo Amenities with 24 Hours Concierge, Theater room, Guest Suite, Visitor Parking, Indoor Pool, Indoor and Outdoor Hot Tub, Sauna, Exercise Room, Fully Equipped Gym & Yoga Room, Billiards Room, Golf Simulator, Rock 30 Feet Rock Climbing Wall, Rooftop Lounge on 8th Floor with Barbecue, Media Room, Party Room *** Located in the heart of Mississauga's City Centre, Square One with over 300 shops! Indulge in the Many Restaurants, Cafes, City Hall, Celebration Square, Mississauga City Centre Transit Terminal, (Go and Soon to be LRT), Cinema, YMCA, Living Arts Centre, The Performing Arts Venue & Public Library, Sheridan College, Hwy 403, 401And Qew ***AAA Tenant Only, NO Pets, NON Smokers, Non Vaper, Updated Credit Check Report With Score, Photo Id, Letter Of Employment, Refundable Deposit For Keys/Garage Remote, Must Provide Proof Of Tenant Insurance ***

    re/max realty specialists inc.MLS® #W12005099

    Amenities

    Concierge
    Rooftop Deck
    Media Room
    Gym Room
    Sauna
    Indoor Pool

    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!'

    Similar Listings

    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
    37
    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
    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

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    15th
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    84
    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$430,000$482,000 - $537,000$495,000 - $600,000$600,000 - $623,800$840,000No DataNo Data
    Avg. Cost Per Sqft$1,034$839$784$781$818No DataNo Data
    Avg. Wait for Unit Availability159 Days26 Days24 Days78 Days125 Days1449 Days296 Days
    Ratio of Units in Building6%33%39%11%7%2%6%

    Transactions vs Inventory

    Total number of units listed and leased in Downtown Core