$399,900 - 385 Prince Of Wales Drive Unit 3601, Mississauga
Condo for Sale in Mississauga
41 days on marketNeighbourhood: City Centre
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- MLS Number
- W13717952
- Property Type
- Condo
- Status
- active
- Days on Site
- 41
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $3,209
- Maintenance Fees
- $569/mo
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
A MUST-SEE PENTHOUSE! Experience the privacy of penthouse living combined with the feel of luxury hotel living every day at The Chicago by Daniels, ideally located in the heart of Mississauga's vibrant City Centre. This exceptional 1-bedroom penthouse offers 600 sq. ft. of sophisticated urban living, combining an elegant design with an impressive collection of premium upgrades and resort-inspired amenities. The spacious open-concept layout is complemented by 10-foot ceilings, beautiful hardwood flooring, granite countertops, stylish backsplash, stainless steel appliances and a breakfast bar creating a polished and inviting space that is equally suited to entertaining or relaxing at home. Enjoy the added convenience of owned parking and owned storage, making this home as practical as it is luxurious. Step outside your suite and discover an extraordinary 17,000 sq. ft. amenity collection designed to rival a luxury resort. Residents enjoy 24-hour security, a spectacular indoor pool, outdoor hot tub, steam rooms, fitness facilities, virtual golf, a 30-foot climbing wall, home theatre, virtual media room, party and entertainment spaces, guest suites and beautifully designed common areas. Whether you're looking to stay active, entertain friends or simply unwind, everything you need is right at home. The location is equally impressive conveniently located steps to Square One Shopping Centre, Celebration Square, Mississauga City Hall, Central Library, YMCA, Sheridan College, restaurants, theatres and the Mississauga City Centre Transit Terminal. Enjoy effortless access to public transit and major highways, putting the best of Mississauga right outside your door. Perfectly suited for the discerning first-time buyer, professional, downsizer or investor, this is more than a condominium, it is a sophisticated penthouse lifestyle in one of Mississauga's most sought-after City Centre addresses. Come see it for yourself!
Estimate your monthly payments for this property
Estimated Payment
$2,051.69/mo
Includes CMHC insurance ($11,157)
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 3601, 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 $667/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.
Market Position
At 41 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 $569/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 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.