385 Prince Of Wales Drive 317, Mississauga

$459,000
385 Prince Of Wales Drive 317

$459,000

New
3d
Condo ApartmentApartment

385 Prince Of Wales Drive 317, Mississauga

Total Monthly Obligation $2,908

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
700-799
DOM
3d
Score
18
Yield
6.0%
Cash on Cash
-5.4%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.2%
Property Type-Condo Apartment
MLS® Number-W14099846
Bed+Den-2+1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,024.36 (2026)
Maintenance-$604.36/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RANEX REALTY GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Immediate
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

A MUST-SEE! Experience luxury hotel-style living in the prestigious "Chicago" condo built by Daniels, located right in the heart of Mississauga. This fabulous 1-bedroom plus den features a highly functional floor plan where the spacious den can easily serve as a second bedroom or a large home office.Boasting professional decor and 9-foot ceilings, this home comes loaded with premium upgrades: pristine stainless steel appliances, granite countertops, a custom backsplash, a convenient breakfast bar, and brand-new luxury vinyl flooring. Freshly painted throughout and completely turn-key! Includes one underground parking space and a storage locker.Enjoy ultimate convenience with a Rabba Fine Foods grocery store right at the base of the building. You are steps away from the Mississauga City Centre Transit Terminal, Square One Shopping Centre, Celebration Square, the Living Arts Centre, Central Library, YMCA, Sheridan College, and City Hall. Show and sell-offers accepted anytime!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$367,200
Land Transfer Taxes$5,655
Legal Fees (Est.)
$
Total cash required for closing$98,955

Total Monthly Obligation

$2,908/mo
Mortgage $1,851
Monthly Loss $2,421
Principal$487
Interest$1,364
Property Tax$252
Condo Fees$604
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.4%1
5-Year IRR
7.7%22
10-Year IRR
9.0%
Returns Index
12.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,420/yr
NOI
$12,001/yr
Net Cash Flow
-$851/mo
Cash Margin
-37.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
26.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 385 Prince Of Wales Drive 317

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.