$595,000 - 365 Prince Of Wales Drive Unit 505, Mississauga
Condo for Sale in Mississauga
New — Listed yesterdayNeighbourhood: City Centre
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- W13857992
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $4,101
- Maintenance Fees
- $772/mo
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- CITY CENTRE REAL ESTATE LTD.
2 Bedroom 2 Washroom Corner Unit, Triple Walk-Out to 2 Balconies, 1 Parking, 1 Locker on Same Floor, 10-Foot Ceiling Giving Extra Vertical Space, Ensuite Laundry, Kitchen Centre Island, Kitchen Track Lights, Vertical Blinds, Granite Counters, Very Bright With A Lot Of Natural Light, Laminate Throughout, Stainless Steel Appliances, Large Balcony With South Exposure Overlooking Downtown Mississauga With Access From Living Room And Master Bedroom, Second Private Balcony On Second Bedroom Facing West, Professionally Painted, New Light Fixtures In Washrooms, New Laminate Flooring In Bedrooms, Full Capacity Washer/Dryer, Across From Living Arts Centre/Sheridan College/3-Acres Park, Steps To Bus Terminal/Celebration Square/Square One Shopping Mall, Amazing Building Amenities with Full Size Basketball Court, Gym, Party Room, BBQ Terrace, Theatre Room, Changing Rooms, Terrace Garden, Lounge, 24 Hours Concierge
Estimate your monthly payments for this property
Estimated Payment
$3,052.66/mo
Includes CMHC insurance ($16,601)
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.
365 Prince Of Wales Drive Unit 505, Mississauga
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $744/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. The $772/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.