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    Mississauga / Downtown Core

    3408 - 388 Prince of Wales Dr

    For RentOne Park Tower Condos
    $2,500/mth
    Price Cut: $2,700
    1 Bed + 1
    2 Bath
    1 Parking
    700 - 799 SQFT
    27 Days on Strata
    Est Lease Timeframe
    13 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    South East
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    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, Walkout To Balcony
    16.83 x 10.3ft
    Dining
    Hardwood Floor, Combined with Living, Open Concept
    16.83 x 10.3ft
    Kitchen
    Ceramic Floor, Modern Kitchen, Stainless Steel Appliances
    8.86 x 8.37ft

    About this Listing

    Prestigious One Park Tower in the heart of downtown Mississauga. Large one bedroom plus a good sized den, can be easily used as a second bedroom or home office. Nine-foot ceiling, granite counter tops, breakfast bar and more. Tenants pay the hydro and tenant insurance. Excellent for young or mature couples. No pets of any kind. No smoking or vaping. Triple A tenants.

    ExtrasGreat location close to 403 and 401 Highways. Square One Shopping Centre, GO Bus, Mississauga Transit, Sheridan College, Central Library, The Y, and more.

    royal lepage signature realtyMLS® #W9386409

    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 leased in Downtown Core