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            AIDA

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            AIDA (Artificial Intelligence Digital Assistant) is currently in BETA version, and is available at no charge for a limited time.

            Some features are limited, with full access granted only to our clients and real estate agents representing ITRealty.

            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.

            AIDA's CMA is taking into account real estate market fluctuations for given type properties in the city and neighborhood, so sometimes CMA may significately vary from the prices properties are listed at.

            Please check below on the page for what AIDA is not including into the CMA.

            Comparative Market Analysis for MLS# W4995260

            $8,400 Cashback
            $558,800
            1+1br 2ba 700-799sf

            Prop Tax

            $2,492

            Condo Fee

            $536

            Exposure

            Se

            Mortg/m

            $ calculator

            WalkScore

            0

            Compare$522,551

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            Property Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listed By

            ROYAL LEPAGE NEW CONCEPT, BROKERAGE

            Learn more about this property:
            MLS# W4995260 Listing Details
            Among all comparable properties sold in condo located at 385 Prince Of Wales Dr in City Centre in Mississauga from Jan 2017 to Dec 2020, after adjusting selling prices according to market conditions at the time of sale, AIDA has calculated that:
            Minimum Price Adjusted was:

            $475,966

            Maximum Price Adjusted was:

            $552,436

            AIDA's ESTIMATE (based on 8 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:

            $XXX,XXX

            Which makes the Asking Price ($558,800) more than AIDA's Appraised Value by:

            $XX,XXX

            Or, in percentage equivalent, by:

            XX%

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

            Comparables

            AIDA found 8 comparable properties sold in condo located at 385 Prince Of Wales Dr in City Centre in Mississauga from Jan 2017 to Dec 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 SpacesMaintTaxSold PriceTime Adj %Time Adj Price
            2017-05-02***504385 Prince Of Wales Dr DrE700-7991+1 • 21.0$502$2,658$349,00036.38%***
            2017-11-10***620385 Prince Of Wales DrW700-7991+1 • 21.0$553$2,708$390,00032.32%***
            2017-11-21***1408385 Prince Of Wales DrSe700-7991+1 • 21.0$510$2,710$417,50032.32%***
            2018-06-19***2404385 Prince Of Wales DrNe700-7991+1 • 21.0$515$2,514$417,00022.17%***
            2018-06-25***1405385 Prince Of Wales DrNe700-7991+1 • 21.0$522$2,625$425,00022.17%***
            2018-07-05***1108385 Prince Of Wales DrSw700-7991+1 • 21.0$522$2,528$439,00021.15%***
            2018-12-08***905385 Prince Of Wales DrSe700-7991+1 • 21.0$525$2,594$440,00019.66%***
            2019-01-30***2905385 Prince Of Wales DrNe700-7991+1 • 21.0$531$2,644$465,00018.05%***

            City Centre, Mississauga Sales History More

            City Centre, Mississauga: Overall Sales Statistics for Condos
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Sales Statistics
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Rent Statistics
            City Centre, Mississauga: Detailed Sales & Rent Statistics for Condos
            1605 385 Prince Of Wales Dr Property & Location Overview Powered by AIDA
            Listing Overview

            General:

            1605 385 Prince Of Wales Dr is a condo apt apartment, located in City Centre of city of Mississauga, Peel region, near Burnhamthorpe / Confederation, and has been available for sale on ITRealty since 2020-11-20. This unit is located at level 16 of the building and has South-East exposure of Prince Of Wales Dr. Condo registry office is PSCP, corporation number 894.

            Lot Size and Living Area:

            1605 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 P3 / #392 . The locker is owned. An ensuite laundry is available at the unit.

            Heating and Cooling:

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

            Listing Features:

            This condo is featuring Arts Centre, Clear View, Library, Public Transit, Rec Centre at, or near the property.
            AIDA has also identified the following listing features: Open Concept, Swimming Pool.

            Price & Cost Overview

            General:

            1605 385 Prince Of Wales Dr condo apt is listed for $558,800. Property tax for year 2020 was $2,492. And the monthly maintenance fee was $537.

            Comparative Market Analysis:

            There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $522,551.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $2,097, and total expenses, including the mortgage, property tax and maintenance, fee around $2,349, assuming $558,800 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 1605 385 Prince Of Wales Dr, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $8,400 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            City Centre, where 385 Prince Of Wales Dr is located, has $537,870 Home Price Index, and $2,256 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 $939,792, and average Home Rent Index $2,606.

            Similar Properties & Community Details:

            There are similar to 1605 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.

            1605 385 Prince Of Wales Dr Listings History Powered By AIDA
            City Centre, Mississauga Sales & Rent History Powered by AIDA
            Disclaimer

            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 (65 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 sell?
            You may expect 56 to 69 properties like that to be sold in City Centre during the next 30 days.
            Seasonal sales fluctuation is showing 19% inventory increase comparing to the average annual number, which is equvalent to 52.67 properties sold per month, and 1% increase comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 13 days, which is 9 days less than the recent sales average, and can be sold at any time if the price is right, or negotiable by the seller.
            Seasonal sales fluctuation is showing 26% D.O.M. increase comparing to the average annual number, which is equvalent to 17 D.O.M., and 8% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
            At what price can it be sold?
            Similar properties currently sell at 1.38% below 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 W4995260 Comparative Market Analysis

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