$545,000 - 385 PRINCE OF WALES Drive Unit 2304, Mississauga
Condo for Sale in Mississauga
Popular ListingNeighbourhood: City Centre
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- MLS Number
- W13837630
- Property Type
- Condo
- Status
- active
- Days on Site
- 9
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $3,362
- Maintenance Fees
- $647/mo
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- EXP REALTY
Set within the boutique-style Chicago Tower in the heart of Mississauga City Centre, this beautifully appointed 1-bedroom-plus-den suite delivers elevated urban living with exceptional everyday convenience. Thoughtfully designed with soaring 9-foot ceilings, the residence features a bright, open-concept layout that feels airy and inviting. A standout advantage is the rare convenience of two full bathrooms, providing added comfort and flexibility for owners and guests. The contemporary kitchen is finished with granite counters, stainless-steel appliances, and a breakfast bar that flows seamlessly into the principal living space-ideal for daily living and effortless entertaining.The generously sized bedroom is bathed in natural light and includes double sliding closet doors, complemented by a private 4-piece ensuite. A separate den offers valuable versatility as a home office, reading room, or guest space. The suite also includes one parking space and a locker conveniently located on the same floor. Residents enjoy an impressive collection of lifestyle amenities, including a rooftop BBQ terrace, indoor pool, fully equipped gym, rock-climbing wall, golf simulator, steam room, media room, theatre, party room, and 24-hour concierge. Rabba Supermarket and additional retail are located at ground level, with a wide selection of restaurants just steps away.Ideally situated steps from Square One, Celebration Square, the Living Arts Centre, Sheridan College, the Central Library, theatres, and transit, this address offers an easy commute with a short walk to MiWay, GO Transit, and the upcoming LRT, plus quick access to Highways 403, 401, and 407. Stylish, connected, and exceptionally well-situated-this is refined city living with everyday convenience right at your doorstep. Rock climbing wall.
Estimate your monthly payments for this property
Estimated Payment
$2,796.13/mo
Includes CMHC insurance ($15,206)
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.
385 PRINCE OF WALES Drive Unit 2304, 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 $779/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.
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 $647/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 700 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.
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 $2,271 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.