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            Comparative Market Analysis for MLS# W4996778

            1+1br 2ba 700-799sf
















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            Property Details Provided By
            Property Details Provided By Toronto Real Estate Board
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            Learn more about this property:
            MLS# W4996778 Listing Details
            Among all comparable properties rented in condo located at 388 Prince Of Wales Drive in City Centre in Mississauga from Jan 2017 to Dec 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 28 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 ($2,000) less 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 28 comparable properties rented out in condo located at 388 Prince Of Wales Drive 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 SpacesSold PriceTime Adj %Time Adj Price
            2017-01-07***3705388 Prince Of Wales DrNw700-7991+1 • 21.0$1,70014.1%***
            2017-01-12***1911388 Prince Of Wales DrS700-7991+1 • 21.0$1,75014.1%***
            2017-01-13***2703388 Prince Of Wales DrW700-7991+1 • 21.0$1,70014.1%***
            2017-03-16***1911388 Prince Of Wales DrS700-7991+1 • 21.0$1,75016.74%***
            2017-05-30***2009388 Prince Of Wales DrE700-7991+1 • 21.0$1,82516.72%***
            2017-06-08***2403388 Prince Of Wales DrSw700-7991+1 • 21.0$1,75015.34%***
            2017-07-03***2903388 Prince Of Wales DrSw700-7991+1 • 21.0$1,87514.2%***
            2017-07-09***711388 Prince Of Wales DrE700-7991+1 • 21.0$1,67014.2%***
            2017-08-21***2611388 Prince Of Wales DrS700-7991+1 • 21.0$1,80012.18%***
            2017-09-19***1603388 Prince Of Wales DrW700-7991+1 • 21.0$1,85011.22%***
            2017-11-25***3201388 Prince Of Wales DrS700-7991+1 • 21.0$1,8509.85%***
            2018-01-13***3305388 Prince Of Wales DrE700-7991+1 • 21.0$1,9009.43%***
            2018-01-15***3204388 Prince Of Wales DrNw700-7991+1 • 21.0$2,3009.43%***
            2018-04-16***2009388 Prince Of Wales DrE700-7991+1 • 21.0$1,9257.68%***
            2018-05-08***3708388 Prince Of Wales DrS700-7991+1 • 21.0$1,9756.23%***
            2018-05-10***1609388 Prince Of Wales DrN700-7991+1 • 21.0$2,0006.23%***
            2018-06-14***3011388 Prince Of Wales DrS700-7991+1 • 21.0$2,1004.03%***
            2018-06-26***1911388 Prince Of Wales DrS700-7991+1 • 21.0$2,0004.03%***
            2018-08-03***2611388 Prince Of Wales DrS700-7991+1 • 21.0$2,0500.56%***
            2018-08-08***3201388 Prince Of Wales DrS700-7991+1 • 21.0$2,1000.56%***
            2018-08-16***2903388 Prince Of Wales DrSw700-7991+1 • 21.0$2,1000.56%***
            2018-09-06***2903388 Prince Of Wales DrSw700-7991+1 • 21.0$2,100-0.71%***
            2018-10-12***3201388 Prince Of Wales DrS700-7991+1 • 21.0$2,125-1.21%***
            2018-10-22***611388 Prince Of Wales DrS700-7991+1 • 21.0$2,150-1.21%***
            2018-10-27***2809388 Prince Of Wales DrE700-7991+1 • 21.0$2,200-1.21%***
            2018-10-31***3204388 Prince Of Wales DrNw700-7991+1 • 21.0$2,275-1.21%***
            2019-02-19***3204388 Prince Of Wales DrNw700-7991+1 • 21.0$2,350-3.78%***
            2019-03-10***2809388 Prince Of Wales DrE700-7991+1 • 21.0$2,200-4.57%***

            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
            2311 388 Prince Of Wales Drive Property & Location Overview Powered by AIDA
            Listing Overview


            2311 388 Prince Of Wales Drive 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 2020-11-22. This unit is located at level 23 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:

            2311 388 Prince Of Wales Drive has 5+1 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 #400 . The locker is owned. ensuite laundry is located on main level.

            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, Library, Park, Public Transit, Rec Centre, School at, or near the property.
            AIDA has also found the following features: Modern/Renovated/Well Maintained, Motivated Seller Indications, Swimming Pool, AIDA Recommended, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

            Price & Cost Overview


            2311 388 Prince Of Wales Drive 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 $2,099.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview


            City Centre, where 388 Prince Of Wales Drive is located, has $537,678 Home Price Index, and $2,255 Home Rent Index. Average household income at dissemination area of 388 Prince Of Wales Drive 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 2311 388 Prince Of Wales Drive 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 Drive.
            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 Drive overall can be described as Very Walkable, Excellent Transit, and Bikeable.

            2311 388 Prince Of Wales Drive 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 (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 87 to 106 properties like that to be sold in City Centre during the next 30 days.
            Seasonal sales fluctuation is showing 20% inventory increase comparing to the average annual number, which is equvalent to 80.5 properties sold per month, and -6% decline comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 11 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 15% D.O.M. increase comparing to the average annual number, which is equvalent to 22 D.O.M., and 9% 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 W4996778 Comparative Market Analysis

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