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$525K · 1+1 bed Condo Apartment · Unit 2809, 385 PRINCE OF WALES Avenue, Mississauga, Ontario L5B 0C6 | HomeSearchCanada

$525,000

Unit 2809

56 DOM

1+1256d

Map

DOM 56

$525,000

DOM56days

Unit 2809

385 PRINCE OF WALES Avenue · Mississauga · Ontario L5B 0C6

MLS® W13552798 · City Centre · L5B 0C6

1+12OwnerOccupied700-799 ft²Condo Apartment1-car UndergroundNo basement56d$700/ft²$3,405 tax/yrBuilt 200323 yrs oldNo basement

56 days on market

About this home

Welcome to Unit 2809 at 385 Prince of Wales Drive, this fully renovated 1+1 bedroom, 2-bathroomresidence showcases a thoughtfully designed layout, with a versatile den that can easilyfunction as a second bedroom, private office, or guest retreat-ideal for today's flexiblelifestyle. The home is finished with stainless steels appliances in modern kitchen.Contemporary bathrooms, upscale finishes, and a bright open-concept living and dining spaceelevate the everyday experience. The spacious primary…

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Property details

MLS#: W13552798
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1+1
Baths: 2 full, 0 half
Rooms: 5
Kitchens: 1
Size: 700-799Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: 2003

Occupancy: Owner Occupied
Washrooms: 4 pc · Flat; 3 pc · Flat
Family room: No
Central vacuum: No
Ensuite laundry: No

Property features: Arts Centre, Clear View, Park, Public Transit

View: City, Clear

Condo corp #: 894
Balcony: Open
Locker: Exclusive
Fees include: Heat Included, Common Elements Included, Building Insurance Included, Water Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Heat Pump
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Concrete
Fronting on: —
Cross street: CONFEDERATION/RATHBURN
Stories: 28
Utilities: —
Laundry: Ensuite
Interior: Auto Garage Door Remote, Carpet Free
Parking features: Underground

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: SUTTON GROUP - SUMMIT REALTY INC.

Source: TRREB/PROPTX · MLS® W13552798

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$525K

Unit 2809 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $525,000✓ $3,405 tax✓ Gas✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,829/mo

incl. closing costs (yr 1)

Annual total

$57,951

year 1

Mortgage only

$1,992/mo

principal + interest

Beyond mortgage

$1,798/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$105,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$284/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~750 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,250/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$54/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $23,900/yr

Property taxes18% $10,380/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,250/yr

Condo fees13% $7,760/yr

Closing costs9% $5,100/yr

Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$23,900	$1,992/mo
Government & taxes
Property tax	$3,405	$284/mo
Land transfer tax(closing)	$6,975	$581/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,250	$438/mo
Condo fees
Condo / HOA fees	$7,760	$647/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$57,951	$4,829/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 2809

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs