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New2 hours ago

1706 - 388 Prince Of Wales Drive

City Centre, Mississauga

$530,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Welcome to One Park Tower! This beautifully maintained 1 Bedroom plus den condo has been freshly painted and is ideally located in the heart of Mississauga. Enjoy stunning north facing views and the convenience of being just minutes from Square One Shopping Centre, the GoBus Terminal, restaurants, entertainment and major amenities. The modern kitchen features Stainless Steel appliances, including a fridge, stove, built-in dishwasher and microwave along with granite counter tops and a breakfast bar that overlooks the open-concept living and dining area. Additional features include 9 foot ceilings, laminate flooring, ensuite laundry, storage locker and one parking space. Residents of the well maintained building enjoy an impressive selection of amenties, including an indoor pool, 24 hour concierge service, meeting rooms, sauna, gym and a spectacular top floor party room with breathtaking views of the city that can be reserved for family gatherings and special events. A wonderful opportunity to own this beautiful condo in one of Mississauga's desirable locations. A great place to call home.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$560
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,068
mls© NumberW13700298
Listed ByROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Heat Included
Common Elements Included
Building Insurance Included
Water Included
Parking Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,713
Property tax
$256
Heat allowance
$150
Condo fees, half counted
$280
Housing costs
$3,398 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $106,000
25-yr amortization

Income needed

$105,000

gross annual household income

Payment at 4%
$2,230 / mo
Cash down
$106,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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