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

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            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.

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            Comparative Market Analysis for MLS# W4957445

            $2,000
            1+1br 2ba 700-799sf

            Water

            N

            Heating

            Y

            Hydro

            N

            Parking

            Y

            Laundry

            Ensuite

            WalkScore

            79

            TransitScore

            83

            Compare$2,072

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

            ICI SOURCE REAL ASSET SERVICES INC., BROKERAGE

            Learn more about this property:
            MLS# W4957445 Listing Details
            Among all comparable properties rented in condo located at 388 Prince Of Wales Dr in City Centre in Mississauga from Jan 2017 to Oct 2020, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $1,917

            Maximum Rent Adjusted was:

            $2,297

            AIDA's ESTIMATE (based on 20 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 ($2,000) less 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 20 comparable properties rented out in condo located at 388 Prince Of Wales Dr in City Centre in Mississauga from Jan 2017 to Oct 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
            2018-04-11***1503388 Prince Of Wales DrW700-7991+1 • 20.0$2,0009.5%***
            2019-04-15***414388 Prince Of Wales DrS700-7991+1 • 20.0$2,200-3.86%***
            2019-04-25***312388 Prince Of Wales DriveS700-7991+1 • 20.0$2,150-3.86%***
            2019-06-06***1711388 Prince Of Wales DriveS700-7991+1 • 20.0$2,200-5.72%***
            2019-06-18***2511388 Prince Of Wales DriveS700-7991+1 • 20.0$2,200-5.72%***
            2019-06-24***308388 Prince Of Wales DriveN700-7991+1 • 20.0$2,350-5.72%***
            2019-06-24***3605388 Prince Of Wales DriveNw700-7991+1 • 20.0$2,200-5.72%***
            2019-07-13***711388 Prince Of Wales DriveE700-7991+1 • 20.0$2,200-6.51%***
            2019-07-22***3011388 Prince Of Wales DriveS700-7991+1 • 20.0$2,300-6.51%***
            2019-08-01***3704388 Prince Of Wales DriveN700-7991+1 • 20.0$2,500-8.11%***
            2019-08-08***3301388 Prince Of Wales DriveS700-7991+1 • 20.0$2,100-8.11%***
            2019-11-07***2711388 Prince Of Wales DriveS700-7991+1 • 20.0$2,325-9.24%***
            2019-11-19***1411388 Prince Of Wales DriveS700-7991+1 • 20.0$2,200-9.24%***
            2020-01-30***1111388 Prince Of Wales DriveS700-7991+1 • 20.0$2,250-7.21%***
            2020-03-24***2209388 Prince Of Wales DriveNe700-7991+1 • 20.0$2,200-6.16%***
            2020-07-03***3605388 Prince Of Wales DriveNw700-7991+1 • 20.0$2,100-2.83%***
            2020-07-14***1711388 Prince Of Wales DriveS700-7991+1 • 20.0$2,100-2.83%***
            2020-08-04***3708388 Prince Of Wales DriveS700-7991+1 • 20.0$1,950-1.68%***
            2020-09-15***3301388 Prince Of Wales DriveS700-7991+1 • 20.0$1,950-0.75%***
            2020-10-11***2911388 Prince Of Wales DriveS700-7991+1 • 20.0$2,0000%***

            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
            2511 388 Prince Of Wales Dr Property & Location Overview Powered by AIDA
            Listing Overview

            General:

            2511 388 Prince Of Wales Dr is a condo apt apartment, located in City Centre of city of Mississauga, Peel region, near Confederation/ Burnhamthorpe, and has been available for lease on ITRealty since 2020-10-17. This unit is located at level 25 of the building and has South exposure of Prince Of Wales Dr. Condo registry office is PSCC, corporation number 834.

            Lot Size and Living Area:

            2511 388 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. 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 identified the following listing features: Modern/Renovated/Well Maintained, Swimming Pool, AIDA Recommended.

            Price & Cost Overview

            General:

            2511 388 Prince Of Wales Dr condo apt is listed for $2,000.

            Comparative Market Analysis:

            There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $2,072.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            City Centre, where 388 Prince Of Wales Dr is located, has $536,394 Home Price Index, and $2,280 Home Rent Index. Average household income at dissemination area of 388 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 $925,832, and average Home Rent Index $2,609.

            Similar Properties & Community Details:

            There are similar to 2511 388 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 388 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, 83, and 51 accordingly, location of 388 Prince Of Wales Dr overall can be described as Very Walkable, Excellent Transit, and Bikeable.

            2511 388 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 get rented?
            You may expect 101 to 123 properties like that to be sold in City Centre during the next 30 days.
            Seasonal sales fluctuation is showing 52% inventory increase comparing to the average annual number, which is equvalent to 73.67 properties sold per month, and 30% increase comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 8 days, which is 15 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 12% D.O.M. increase comparing to the average annual number, which is equvalent to 20 D.O.M., and 7% 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 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 W4957445 Comparative Market Analysis

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