$429,900 - 385 Prince Of Wales Drive Unit 2903, Mississauga
Condo for Sale in Mississauga
New — Listed 2 days agoNeighbourhood: City Centre
- MLS Number
- W13703108
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- RE/MAX ROUGE RIVER REALTY LTD.
Welcome to 385 Prince of Wales Drive, where modern urban living meets unbeatable convenience. This bright, stylish 29th-floor unit offers an exceptional lifestyle in the heart of downtown Mississauga. Featuring 9-foot ceilings and a functional open-concept layout, the residence is finished with granite countertops, waterproof vinyl flooring (2024), a glass-enclosed bathtub, and newer kitchen appliances. Enjoy breathtaking elevated views and spectacular sunrises from your private balcony, with a front-row seat to fireworks at Celebration Square. This unit includes one parking space and one locker, providing essential storage and ease of travel. The location is second to none. You are steps away from Square One Shopping Centre, Sheridan College's Hazel McCallion Campus, Mississauga Celebration Square, the Living Arts Centre, and the City Centre Transit Terminal. Commuting is effortless with quick access to Highways 403, 401, and the QEW, alongside convenient GO Transit connections. Residents of Chicago Condos enjoy a comprehensive suite of resort-style amenities, including 24-hour concierge service, an indoor pool and fitness centre, a virtual golf simulator, a theatre and media room, party and recreation spaces, and an outdoor terrace with BBQ areas. Upgraded Appliances: Fridge (2020), Over the Range Microwave (2025), Stacked Washer & Dryer (2025). Whether you are a first-time buyer, professional, student, or investor, this property offers the perfect opportunity to enjoy a premium downtown Mississauga lifestyle with every convenience at your doorstep.
Estimate your monthly payments for this property
Estimated Payment
$2,205.61/mo
Includes CMHC insurance ($11,994)
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 2903, 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
Fair Market Value
At $860/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Efficient Living
At 500 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.