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New2 hours ago

1711 - 388 Prince Of Wales Drive

City Centre, Mississauga

$575,000

Condo Apartment |
1 + 1 | 2 | 1 | 1
About this home

Live in the heart of downtown Mississauga. Enjoy the buzz and the excitement that happens all the time at Celebration Square. This one bedroom and den (has French doors and is a separate room which can be used as a second bedroom) and 2 full washrooms. The unit boasts of high ceilings, an upgraded kitchen with stainless steel appliances, newer paint and laminate floors, upgraded light fixtures. The washer and dryer combo (end of 2024). The living room has a walkout to an open balcony for you to enjoy your morning and evening coffee as well as a great view of square one throughout the day. The primary bedroom as a 4 pc upgraded ensuite washroom and a large closet. The building is very centrally located. Walking distance to Square one Mall, Square one Bus Terminal (Mi-Way and GO transit), Celebration Square, Mississauga Central Library, YMCA, Sheridan College, Grocery stores, Schools, Medical Clinics, Restaurants and all that you need to live in downtown Mississauga.

Extras

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$590
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,177
mls© NumberW13706572
Listed ByRIGHT AT HOME REALTY
Heat Included
Water Included
Common Elements Included
Building Insurance Included
CAC Included
Parking 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%
$2,943
Property tax
$265
Heat allowance
$150
Condo fees, half counted
$295
Housing costs
$3,653 / mo

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

Down payment20% · $115,000
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,420 / mo
Cash down
$115,000

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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