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    Mississauga / Downtown Core

    505 - 388 Prince of Wales Dr

    For RentOne Park Tower Condos
    $2,400/mth
    1 Bed
    1 Bath
    1 Parking
    625 SQFT
    5 Days on Strata
    Est Lease Timeframe
    19 Days

    Listing History

    Unit Highlights

    Possession Date:
    January 25, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    West
    Locker:
    None
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Fan Coil

    Room Dimensions

    Kitchen
    Stainless Steel Appliances, Tile Floor, Granite Counter
    0 x 0ft
    Living
    Hardwood Floor, Walkout To Balcony, Combined with Dining
    0 x 0ft
    Dining
    Hardwood Floor, Walkout To Balcony, Combined with Living
    0 x 0ft

    About this Listing

    Very spacious 625sqft One Bedroom Condo At The Prestigious One Park Tower In Downtown Mississauga. Open concept Layout with large kitchen and lots of storage. Large Bedroom with walk-in closet with custom storage. Wood Floor entire unit. Five Star Building Amenities: Indoor Pool, Hot Tub, Gym, Virtual Golf, Party Room, Rooftop Terrace, Games Room. 2min Walk To Sheridan College & Sq One Mall.1 Premium parking in front of elevator included.

    ExtrasFridge, Stove, Dishwasher, Washer, Dryer, All Elfs, All Window Coverings And Blinds, Premium Parking P1 in front of elevator

    living realty inc.MLS® #W11919179

    Amenities

    Indoor Pool
    Visitor Parking
    Guest Suites
    Games Room
    Indoor Parking
    Security System

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    9,194
    Average Individual Income
    $63,586
    Average Household Size
    2 persons
    Average Age
    60
    Average Household Income
    $105,144
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    28%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    41%
    High Rise Apartment
    24%
    Semi Detached
    24%
    Low Rise Apartment
    6%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    83%
    Other
    8%
    Punjabi
    4%
    Tagalog
    1%
    Hindi
    1%
    Spanish
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    32%
    University and Above
    25%
    College
    21%
    None
    15%
    Apprenticeship
    3%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    4%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    One Park Tower Condos vs The Downtown Core Area

    Building Trends At One Park Tower Condos

    Days on Strata

    Units at One Park Tower Condos spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Downtown Core

    Turnover of Units

    On average, each unit is owned for
    5.4
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    56
    Units were Rented over the past twelve months

    Best Value Rank

    One Park Tower Condos offers the
    ?
    best value out of 44 condos in the Downtown Core neighbourhood

    Appreciation Rank

    One Park Tower Condos has the
    ?
    highest ROI out of 44 condos in the Downtown Core neighbourhood

    Rental Yield

    One Park Tower Condos yields the
    ?
    highest rent prices out of 44 condos in the Downtown Core neighbourhood

    High Demand

    One Park Tower Condos is the
    ?
    most popular building out of 44 condos in the Downtown Core neighbourhood

    Transaction Insights at 388 Prince of Wales Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo DataNo Data$579,000 - $620,000$620,000 - $745,000$710,000 - $720,000No Data
    Avg. Cost Per SqftNo DataNo Data$833$816$750No Data
    Avg. Wait for Unit AvailabilityNo Data58 Days33 Days50 Days147 Days119 Days
    Ratio of Units in Building1%19%38%27%10%8%

    Transactions vs Inventory

    Total number of units listed and leased in Downtown Core