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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W14135146For SaleCondominium

2809-385 PRINCE OF WALES Dr

City Centre, Mississauga, Ontario L5B 0C6

Map
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2809-385 PRINCE OF WALES Dr, Mississauga, photo 1
Asking$399,000
Bedrooms
1+1
Bathrooms
2
Size
700–799sq ft
Per sq ft
$532at the range’s middle
Tax a year
$3,4052026 tax year
Built
16-30
Parking
11 underground
Days on market
Members

The brief

About 2809-385 PRINCE OF WALES Dr

2809-385 PRINCE OF WALES Dr is a 1+1-bedroom, 2-bathroom condo in City Centre, Mississauga, listed for sale at an asking price of $399,000 (MLS® W14135146).

Welcome to Unit 2809 at 385 Prince of Wales Drive, this fully renovated 1+1 bedroom, 2-bathroom residence showcase a thoughtfully designed layout, with a versatile den that can easily function as a second bedroom, private office, or guest retreat-ideal for today's flexible lifestyle. 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 bedroom features a private ensuite, offering both comfort and privacy. Residents enjoy access to exceptional building amenities, including a fully equipped fitness center, indoor swimming pool, sauna, party and meeting rooms, 24-hour concierge service, visitor parking, and impeccably maintained common areas. Perfectly situated steps from Square One, transit, dining, parks, and major highways, this home delivers a sophisticated lifestyle in one of Mississauga's most desirable locations. Just move-in and enjoy.

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Near break-even

    −$152/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 259 condos with 2 bedrooms for lease in Mississauga right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$3,405 / 2026
MLS® number
W14135146
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
16-30
Days on market
Size
700-799 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: SUTTON GROUP - SUMMIT REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
City Centre
Municipality
Mississauga

Building

Size
700-799 sqft
Building Age
16-30
Construction
Brick

Inside

Bedrooms
1+1
Bathrooms
2
Bathroom Details
1 × 4pc Flat, 1 × 3pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Heat Pump

Additional

Fireplace
No
Den
No
Family room
No
Extras
5 APPLIANCES, 1 PARKING SPOT, 1 LOCKER
Condo maint.
$647

Rooms

RoomSizeFeaturesLevel
Living3.78 × 5.2 mhardwood floor, Combined W/Dining, Nw ViewFlat
Dining3.78 × 5.2 mhardwood floor, Open Concept, Nw ViewFlat
Kitchen2.6 × 3.05 mHardwood FloorFlat
Primary3.05 × 3.36 mhardwood floor, 4 Pc Ensuite, Large ClosetFlat
Den2.42 × 2.81 mhardwood floor, 3 Pc Bath, ClosetFlat

Listing history

Buy/sell history for 2809-385 PRINCE OF WALES Dr, Mississauga, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$399,000N/AFor SaleW14135146

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $79,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$79,800
Total mortgage amount
$319,200
Total interest payment
$227,100
Total purchase cost
$626,100
Mortgage payment
$1,821/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

27%

Monthly carrying cost

$2,752
−$152per month
  • Rent $2,600
  • Shortfall $152

Rental income opens at $2,600, the median asking rent of 259 comparable homes for lease in Mississauga. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$4,460
Total land transfer tax
$4,460
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$460
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $399,000
$2,235
Ontario total
$4,460

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The market

Condos for sale in City Centre right now

For sale now
282
Median asking price
$500K

Middle half: $446K to $585K

New in 7 days
28

100 in 28 days

Price cuts
19%

54 listings

This home is asking 20% below the median, lower than three quarters of them.

See all homes in City Centre

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Mississauga City Centre Transit TerminalBrampton Transit bus rapid transit: Züm Main600 m
Hurontario St at Eglinton AveBrampton Transit bus rapid transit: Züm Main2 km
Cooksville GOGO Transit train: Milton2.2 km
Central Parkway StationMiWay bus rapid transit: Transitway2.4 km
Erindale GOGO Transit train: Milton2.9 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; MiWay schedule data (GTFS) from the City of Mississauga under the City of Mississauga Terms of Use; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. MiWay's schedule data is publicly available from the City of Mississauga under its Terms of Use. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Corpus Christi SchoolDufferin-Peel CDSBCatholic · grades JK–8500 m84%Grade 6 average
Fairview Public SchoolPeel DSBPublic · grades JK–61 km70%Grade 3 average
Huntington Ridge Public SchoolPeel DSBPublic · grades JK–61.1 km76%Grade 3 average
ÉÉC René-LamoureuxConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–62.5 km98%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Father Michael Goetz Secondary SchoolDufferin-Peel CDSBCatholic · grades 9–121.3 km44%Grade 9 math
T. L. Kennedy Secondary SchoolPeel DSBPublic · grades 9–122.5 km10%Grade 9 math
Rick Hansen Secondary SchoolPeel DSBPublic · grades 9–122.7 km50%Grade 9 math
ÉSC Sainte-FamilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–128.5 km67%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Recently sold nearby

Sold prices in City Centre are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record