365 Prince Of Wales Drive Unit 601, Mississauga

Price: $340,000

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: W12954420

Bachelor/Studio Condominium Unit With Own Outdoor Terrace & Unobstructed East View By Square One, Downtown Mississauga, With One Parking Space, 1 Locker, Vacant Possession For June-1-2026, 10-Foot Ceilings, Ensuite Laundry, Stainless Steel Appliances, Granite Kitchen Countertop, Walking Distance To Square One Shopping Mall, Celebration Square, Library, Living Arts Centre, Ymca, Bus Terminal, Go Bus, Major Highways, Very Affordable Low Taxes & Low Condo Fee, Pet Friendly. Right Across Sheridan College, Stainless Steel Appliances (Fridge, B/I Dishwasher, Stove, Built-In Microwave), Washer & Dryer, All Electric Light Fixtures, Building Amenities Include: Basket/Volley/Multipurpose Court, Bbq Terrace, Party Room, Theater Room, Visitor Parking, 24-Hrs Concierge

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$340,000 - 365 Prince Of Wales Drive Unit 601, Mississauga

Condo for Sale in Mississauga

New — Listed 3 days ago
0Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
W12954420
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
East
Balcony
Terrace
Listing Brokerage
CITY CENTRE REAL ESTATE LTD.
Description

Bachelor/Studio Condominium Unit With Own Outdoor Terrace & Unobstructed East View By Square One, Downtown Mississauga, With One Parking Space, 1 Locker, Vacant Possession For June-1-2026, 10-Foot Ceilings, Ensuite Laundry, Stainless Steel Appliances, Granite Kitchen Countertop, Walking Distance To Square One Shopping Mall, Celebration Square, Library, Living Arts Centre, Ymca, Bus Terminal, Go Bus, Major Highways, Very Affordable Low Taxes & Low Condo Fee, Pet Friendly. Right Across Sheridan College, Stainless Steel Appliances (Fridge, B/I Dishwasher, Stove, Built-In Microwave), Washer & Dryer, All Electric Light Fixtures, Building Amenities Include: Basket/Volley/Multipurpose Court, Bbq Terrace, Party Room, Theater Room, Visitor Parking, 24-Hrs Concierge

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,744.38/mo

Includes CMHC insurance ($9,486)

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5-yr fixed avg.

Principal: $306,000Interest: $207,827
Mortgage Amount$315,486
Total Interest$207,827
Est. Property Tax$241/mo
Total Cost$523,313

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Mississauga

Discover Mississauga

Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Mississauga

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

365 Prince Of Wales Drive Unit 601, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
5.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$241
Insurance (est.)-$71
Net Cash Flow+$1,473

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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