388 Prince Of Wales Drive, Unit 06, Mississauga, ON

$408,000
MLS#:W12143561
2 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on May 28, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of City Centre. Expertly crafted featuring premium concrete block construction, this residence presents an exceptional opportunity offered at $408,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Well Maintained And Upgraded One Bed Room Plus Den Unit At Prestigious One Park Tower , One Of The Best Condominium By Daniels In the Square One Area. This Spacious Unit Offers 668 Sqft Interior Plus Oversize Balcony, One Parking Spot, One Locker. Functional Layout With 9 Feet Ceiling, Proper Size Den Offers Extra Space Which Can Be Used As Office Or Dinning Room . Professional Painted Recently . No Carpet Throughout, Newer High Quality Laminate Floor. Open Concept Kitchen With Stainless Steel Appliance , Granite Counter Top And Breakfast Bar. The 27th floor Offers Amazing City View, You Can Sitting At The Balcony Enjoying Sunset Every Evening !!! Top Tier Amenities Include: Indoor Pool, Steam RM, Hot Tub, Gym, Immaculate Rooftop Lounge On The 38th Floor With Outstanding Views Of The City, 3rd Floor Communal Outdoor Space With 2 Gas Grills For BBQ...Steps To Square One shopping Center, Sheridan College, Central Library, Bus Terminal, Go station...

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Property Summary

This condo apartment located at 388 Prince Of Wales Drive, Mississauga is currently for sale and has been available on SousaSells for 429 days. This property is listed at $408,000 with an estimated mortgage of $1,358* per month. It has 2 beds, 1 bathroom, and is 600-699 square feet. 388 Prince Of Wales Drive, Mississauga is in the City Centre neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 28, 2025
Sold price information is available to members only
Listed Date5/13/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete Block
BasementNone
CountyPeel
Annual Tax$2,735

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Library, Public Transit, Rec./Commun.Centre, School, Place Of Worship

Interior Features

Carpet Free

Security Features

Concierge/Security

Community Features

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Location

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388 Prince Of Wales Drive, Unit 06, Mississauga, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 388 Prince Of Wales Drive 2706, Mississauga, ON L5B 0A1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

Configure Loan Settings

Interest Rate4.00%
Down Payment$122,400 (30.0%)
* Minimum Canadian down payment required for this price is $20,400.
Amortization Period30 Years
Estimated Monthly Payment$1,358Based on a loan of $285,600 over 30 years.
Purchase Price$408,000
Loan Amount$285,600
Provincial Land Transfer Tax:$4,635
Total Estimated Closing Taxes:$4,635

About Purchasing a Home in Mississauga, ON

For a property listed at $408,000 in Mississauga, the legal minimum down payment is $20,400 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,635 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,635.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for City Centre, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$590,970

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

Bishop Scalabrini
Public225 Central Parkway West, Fairview, Mississauga, Ontario, L5B 3J5
6.4
Elm Drive
Public100 Walford Court, Fairview, Mississauga, Ontario, L5B 1T8
4.9
Corpus Christi
Public4155 Elora Drive, Creditview, Mississauga, Ontario, L5B 3N4
6.4
St Philip
Public345 Fairview Road West, Fairview, Mississauga, Ontario, L5B 3W5
7.2
Sts Peter & Paul
Public4205 Woodington Drive, Rathwood, Mississauga, Ontario, L4Z 1K2
6.9

Secondary Schools

Father Michael Goetz
Public330 Central Parkway West, Fairview, Mississauga, Ontario, L5B 3K6
4.0
Iona SS
Public1585, Mississauga Valleys, Mississauga, Ontario, L5A 3W9
6.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.