$559,900 - 350 PRINCESS ROYAL Drive Unit 1505, Mississauga
Condo for Sale in Mississauga
New — Listed 2 days agoNeighbourhood: City Centre
- MLS Number
- W13701386
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP - SUMMIT REALTY INC.
Sun-Filled Corner Suite in the Heart of Square One City Centre. Welcome to this spacious 1,044 sq. ft. corner suite, perfectly situated in the heart of Square One City Centre. Offering 2 bedrooms, 2 full washrooms, and two private balconies, this bright and beautifully positioned condo combines generous living space with spectacular views and an abundance of natural light.The open-concept living and dining area is ideal for both everyday living and entertaining, featuring a wraparound balcony with western and northern exposures overlooking a serene 3-acre park. Enjoy breathtaking sunsets and peaceful, unobstructed views right from your own balcony. The primary bedroom offers comfortable living space with ensuite while the second bedroom features its own private balcony, providing an additional outdoor retreat and a unique connection to the surrounding park views.The suite also offers a large walk-in pantry/utility room, providing exceptional storage and functionality rarely found in condo living. With its generous floor plan, corner-suite exposure, multiple outdoor spaces, park views, and prime Square One location, this is a wonderful opportunity to enjoy spacious, bright, and comfortable city living in one of Mississauga's most sought-after areas. Walk to Square 1, Living arts centre & TMCA. CLOSE TO 403, 407, 401. Amenities include indoor pool, putting green, movie theatre, gym & access to fine dining. Morning & afternoon coffee/tea sessions are available.
Estimate your monthly payments for this property
Estimated Payment
$2,872.58/mo
Includes CMHC insurance ($15,621)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover City Centre
City Centre is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in City Centre
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
City Centre offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
350 PRINCESS ROYAL Drive Unit 1505, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $560/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.
About City Centre
I know City Centre well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.