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New3 hours ago

3505 - 385 Prince Of Wales Drive

City Centre, Mississauga

$549,900

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

Experience sophisticated city living high above Mississauga's vibrant City Centre in this bright 35th floor (sub-penthouse), 709 sqft residence at Chicago Condominiums. The thoughtfully designed 1 bedroom plus den layout offers two full bathrooms (shower + tub) and open concept living and dining areas finished with no carpets throughout. Step out to the open balcony and take in sweeping southeast views of the city, skyline, downtown and lake.The modern kitchen features granite countertops, stainless steel appliances and a centre island, while the spacious primary bedroom includes hardwood floors, a closet and private 5-piece ensuite. French doors make the den an ideal home office, guest space or quiet retreat. In-suite laundry, central air, one owned underground parking space and an owned locker add everyday convenience.Residents enjoy concierge and security services, an indoor pool, gym, party room, rooftop deck/garden and visitor parking. Heat, water, parking, common elements and building insurance are included in the maintenance fee. Close to public transit, parks, schools and the library, this well-connected home brings comfort, convenience and impressive views together in one exceptional City Centre address.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size700-799 sq. ft.
Maintenance Fees$657
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,547
mls© NumberW13823610
Listed ByRARE REAL ESTATE
Heat Included
Water Included
Common Elements Included
Building Insurance 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%
$2,815
Property tax
$296
Heat allowance
$150
Condo fees, half counted
$329
Housing costs
$3,589 / mo

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

Down payment20% · $109,980
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$109,980

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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