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            Comparative Market Analysis for MLS# W4768271

            1+1br 2ba 700-799sf
















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            Property Details Provided By Toronto Real Estate Board
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            Learn more about this property:
            MLS# W4768271 Listing Details
            Among all comparable properties rented in condo located at 385 Prince Of Wales Dr in City Centre in Mississauga from Jan 2017 to Jun 2020, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:


            Maximum Rent Adjusted was:


            AIDA's ESTIMATE (based on 27 properties)
            AIDA's Comparative Market Analysis is based on comparable properties sales data adjusted according to the monthly fluctuations of the local real estate market, and is equivalent to:


            Which makes the Asking Price ($2,300) more than AIDA's Appraised Value by:


            Or, in percentage equivalent, by:


            • Condo lockers are not taken into account.
            • Upgrades and quality of renovation are not taken into account.


            AIDA found 27 comparable properties rented out in condo located at 385 Prince Of Wales Dr in City Centre in Mississauga from Jan 2017 to Jun 2020

            Use the table's first column checkboxes to exclude/include properties into evaluation. The numbers above will automatically get recalculated accordingly.

            Sold onFloorUnit#AddressExpSQFTBed • BathGar SpacesSold PriceTime Adj %Time Adj Price
            2017-03-20***1309385 Prince Of Wales DrW700-7991+1 • 21.0$1,80026.34%***
            2017-04-03***1409385 Prince Of Wales DrSw700-7991+1 • 21.0$1,75026.09%***
            2017-04-28***2704385 Prince Of Wales DrNe700-7991+1 • 21.0$1,80026.09%***
            2017-07-08***1309385 Prince Of Wales DrW700-7991+1 • 21.0$1,85023.36%***
            2017-07-16***2404385 Prince Of Wales DrNe700-7991+0 • 21.0$1,80023.36%***
            2017-08-09***1705385 Prince Of Wales DrSe700-7991+1 • 21.0$1,90021.22%***
            2017-09-07***1009385 Prince Of Wales DrW700-7991+1 • 21.0$1,79919.3%***
            2017-10-09***504385 Prince Of Wales DrE700-7991+1 • 21.0$1,80018.42%***
            2017-11-27***1804385 Prince Of Wales DrSe700-7991+1 • 21.0$1,90017.83%***
            2017-12-17***1908385 Prince Of Wales DrSw700-7991+1 • 21.0$1,90017.89%***
            2018-03-29***3108385 Prince Of Wales DrSw700-7991+1 • 21.0$1,95016.58%***
            2018-05-03***1409385 Prince Of Wales DrSw700-7991+1 • 21.0$1,95014.74%***
            2018-05-06***1005385 Prince Of Wales DrSe700-7991+1 • 21.0$1,99514.74%***
            2018-06-10***2209385 Prince Of Wales DrW700-7991+1 • 21.0$2,15013.07%***
            2018-06-18***1805385 Prince Of Wales DrSe700-7991+1 • 21.0$2,05013.07%***
            2018-07-05***1808385 Prince Of Wales DrSw700-7991+1 • 21.0$2,30010.69%***
            2018-07-14***3204385 Prince Of Wales DrS700-7991+1 • 21.0$2,00010.69%***
            2018-07-22***504385 Prince Of Wales DrE700-7991+1 • 21.0$2,10010.69%***
            2018-08-07***1509385 Prince Of Wales DrW700-7991+1 • 21.0$2,1008.63%***
            2018-08-20***2504385 Prince Of Wales DrE700-7991+1 • 21.0$2,1008.63%***
            2018-09-05***2509385 Prince Of Wales DrW700-7991+1 • 21.0$2,1506.65%***
            2018-10-20***1105385 Prince Of Wales DrSe700-7991+1 • 21.0$2,1506.27%***
            2019-01-18***1604385 Prince Of Wales DrE700-7991+1 • 21.0$2,0504.21%***
            2019-01-31***3208385 Prince Of Wales DrSw700-7991+1 • 21.0$2,2004.21%***
            2019-02-13***1808385 Prince Of Wales DrSw700-7991+1 • 21.0$2,2503.65%***
            2019-02-22***1108385 Prince Of Wales DrSw700-7991+1 • 21.0$2,1503.65%***
            2019-03-01***2805385 Prince Of Wales DrN700-7991+1 • 21.0$2,1502.79%***

            City Centre, Mississauga Sales History More

            City Centre, Mississauga: Overall Sales Statistics for Condos
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            Neighborhood Sales Statistics
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            Neighborhood Rent Statistics
            City Centre, Mississauga: Detailed Sales & Rent Statistics for Condos
            1808 385 Prince Of Wales Dr Property & Location Overview Powered by AIDA
            Listing Overview


            1808 385 Prince Of Wales Dr is a condo apt apartment, located in City Centre of city of Mississauga, Peel region, near Confederation/Prince Of Wales, and has been available for lease on ITRealty since 2020-05-23. This unit is located at level 18 of the building and has South-West exposure of Prince Of Wales Dr. Condo registry office is PSCC, corporation number 894.

            Lot Size and Living Area:

            1808 385 Prince Of Wales Dr has 5+0 rooms in total, including 1+1 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
            Living area of this condo unit is within the range of 700-799 square feet.
            1.0 parking space(s) are owned and located undergrnd at level . The locker is owned. A ensuite laundry is available at this condo &(type).

            Heating and Cooling:

            The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:

            AIDA has also found the following features: Swimming Pool, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

            Price & Cost Overview


            1808 385 Prince Of Wales Dr condo apt is listed for $2,300.

            Comparative Market Analysis:

            There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $2,269.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview


            City Centre, where 385 Prince Of Wales Dr is located, has $514,340 Home Price Index, and $2,361 Home Rent Index. Average household income at dissemination area of 385 Prince Of Wales Dr is $53,358, and average polulation age is 37 years old.
            Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $861,462, and average Home Rent Index $2,628.

            Similar Properties & Community Details:

            There are similar to 1808 385 Prince Of Wales Dr 1 bedr condo apt condos listed For Sale and For Rent in city of Mississauga.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 385 Prince Of Wales Dr.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at City Centre neighborhood in city of Mississauga.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 79, 80, and 51 accordingly, location of 385 Prince Of Wales Dr overall can be described as Very Walkable, Excellent Transit, and Bikeable.

            1808 385 Prince Of Wales Dr Listings History Powered By AIDA
            City Centre, Mississauga Sales & Rent History Powered by AIDA

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            City of Mississauga Condos MOI (Months of Inventory)
            Last month sales statistics:
            It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (71 days).
            Sellers are not likely to negotiate the price, but it is easier to sell your own property.
            Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
            How often similar homes get rented?
            You may expect 59 to 72 properties like that to be sold in City Centre during the next 30 days.
            Seasonal sales fluctuation is showing -30% inventory decline comparing to the average annual number, which is equvalent to 94.42 properties sold per month, and -15% decline comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 10 days, which is 12 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
            Seasonal sales fluctuation is showing 30% D.O.M. increase comparing to the average annual number, which is equvalent to 16 D.O.M., and -4% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
            At what price it can be sold?
            Similar properties currently sell very close to its asking price in City Centre.
            The selling to asking price ratio is declining in City Centre.
            This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4768271 Comparative Market Analysis

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