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New3 hours ago

3606 - 388 Prince of Wales Drive

City Centre, Mississauga

$659,900

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

Experience elevated urban living in this stunning and spacious 900sq/f2-bedroom condo located in the heart of Mississauga at the prestigiousOne Park Tower. This bright and beautifully designed unit features 2bedrooms, 2 bathrooms and 2 parking spaces, making it an ideal homefor couples, professionals and young families. Enjoy two private balconies - one accessible from the primary bedroomand a spectacular corner balcony e windows fill the unit with natural lights, creating awarm and inviting atmosphere throughout. Residents enjoy access to building amenities including an indoorswimming pool, sauna, fully equipped gym, golf simulator room and more. Perfectly situated in the vibrant Square One neighborhood, this condois within walking distance to Square One Shopping Centre, grocerystores, restaurants, bars, movie theaters, Celebration Square andpublic transit. Commuters will appreciate the condo's close proximityto HWYs 403 and 401, as well as being just a 7-minute drive toErindale GO Station for convenient access to Downtown Toronto. A perfect blend of comfort, lifestyle and location - this is cityliving at its finest!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$700
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$3,918
mls© NumberW13731544
Listed ByFORESTWOOD REAL ESTATE INC.
Heat Included
Water Included
Common Elements Included
Parking Included

Listing History

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

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,378
Property tax
$327
Heat allowance
$150
Condo fees, half counted
$350
Housing costs
$4,204 / mo

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

Down payment20% · $131,980
25-yr amortization

Income needed

$129,000

gross annual household income

Payment at 4%
$2,777 / mo
Cash down
$131,980

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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