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    Mississauga / Downtown Core

    1311 - 388 Prince Of Wales Dr

    For SaleOne Park Tower Condos
    $619,999
    1 Bed + 1
    2 Bath
    1 Parking
    715 SQFT
    33 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $573/mth
    Taxes:
    $2,745 (2024)
    Cost Per Sqft:
    $867/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    November 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Combined with Dining, Walkout To Balcony
    17.06 x 10.5ft
    Dining
    Hardwood Floor, Combined with Living, Breakfast Area
    17.06 x 6.56ft
    Kitchen
    Ceramic Floor, Open Concept, Granite Counter
    7.55 x 7.22ft

    About this Listing

    Bright Sun-filled South facing condo by Daniels, featuring 715 sq ft of functional layout, blending comfort with modern convenience.This 1 Bedroom and den, with 2 full washrooms, a parking and a locker provides Spectacular unobstructed view of the city. The kitchen features granite countertop, Stainless Steel Appliances (2020), making it ideal for cooking and entertaining. The primary bedroom is a tranquil retreat, with large windows, and a luxurious 4 pc ensuite washroom. Perfectly located right in the heart of City center, with close proximiy to public transit, you are minutes away from Square One Shopping Centre, Living Arts Centre, Celebration Square and an array of restuarants and grocery stores. Building Amenities include Rooftop Club 38 Lounge, Gym/Exercise room, Billiards Room, Indoor Swimming Pool, Hot Tub, 24-hr Concierge, Visitor Parking and more!

    ExtrasPictures are from prior to tenant moving in. Well maintained building and top class amenities!

    realbiz realty inc.MLS® #W9372038

    Amenities

    Security System
    Rooftop Deck
    Sauna
    Indoor Parking
    Concierge
    Party Room

    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

    One Park Tower Condos vs The Downtown Core Area

    Building Trends At One Park Tower Condos

    Days on Strata

    Units at One Park Tower Condos spend an average of
    21
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire 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
    5.4
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    17th
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    57
    Units were Rented over the past twelve months

    Best Value Rank

    One Park Tower Condos offers the
    ?
    best value out of 44 condos in the Downtown Core neighbourhood

    Appreciation Rank

    One Park Tower Condos has the
    ?
    highest ROI out of 44 condos in the Downtown Core neighbourhood

    Rental Yield

    One Park Tower Condos yields the
    ?
    highest rent prices out of 44 condos in the Downtown Core neighbourhood

    High Demand

    One Park Tower Condos is the
    ?
    most popular building out of 44 condos in the Downtown Core neighbourhood

    Transaction Insights at 388 Prince of Wales Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo DataNo Data$579,000 - $620,000$688,000$690,000 - $720,000$770,000
    Avg. Cost Per SqftNo DataNo Data$831$802$744$695
    Avg. Wait for Unit AvailabilityNo Data56 Days30 Days49 Days145 Days115 Days
    Ratio of Units in Building1%19%38%27%10%8%

    Transactions vs Inventory

    Total number of units listed and sold in Downtown Core