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Listed 16 days ago

3506 - 385 Prince Of Wales Drive

City Centre, Mississauga

$389,500

Condo Apartment |
1 | 1 | 1 | 1
About this home

This elegant 1-bedroom + Media space located in the heart of Mississauga's City Centre, and walking distance to Square One Shopping Centre. This timeless open-concept suite includes high ceilings, rich laminate flooring throughout, a classy contemporary kitchen with granite countertops and rich cabinetry. The living room provides ample space and access to large balcony space. The roomy bedroom includes large closet. This unit also includes 1 parking space and 1 locker. Residents enjoy resort like amenities, including a fully equipped fitness centre, indoor swimming pool, virtual golf simulator ,rock-climbing wall, party and recreation rooms, rooftop BBQ terrace, and 24-hour concierge service, guest suites and even a theatre room! Close proximity and walking distance to Sheridan College, Mississauga City Hall, Living Arts Centre, Celebration Square, Mississauga City Living Arts Centre, MiWay transit, GO Transit cafés, entertainment, restaurants and grocery stores. Ideal for Commuters as quick access to QEW, Highways 403, 401, and for convenient travel throughout the GTA Great for first-time buyers, professionals, or those looking to purchase in the heart of Mississauga.

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$529
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,926
mls© NumberW13585782
Listed ByEXP REALTY
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,994
Property tax
$244
Heat allowance
$150
Condo fees, half counted
$265
Housing costs
$2,652 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $77,900
25-yr amortization

Income needed

$82,000

gross annual household income

Payment at 4%
$1,639 / mo
Cash down
$77,900

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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