385 Prince of Wales Dr Unit: 701

$529,900 CAD

1 Bed 1 Bath

Description

**Investment Property with existing income, offering a 3.78% Cap Rate** AAA Tenant with rental income of $2,400/month & an assumable lease expiring August 14th, 2025! High demand building for rentals! Amazing opportunity for buyers requiring additional income to qualify for a mortgage! Spacious unit with a functional layout! Open Concept Kitchen With Stainless Steel Appliances, Granite Counter Tops & A Large Breakfast Bar! The Primary Bedroom offers His and Her closets, a large window and updated laminate floors. Tall 9' Ceilings & Modern Baseboards throughout. North facing balcony that offers a tranquil setting & a sunny northern exposure! Quiet unit, yet located right in the heart of Mississauga's City Centre, Close Proximity To Public Transit such as the Go and Soon to be LRT! Easy access to Hwy 403 & Square One Shopping Centre! Indulge in the Many Restaurants, Cafes, Cinema, YMCA, Living Arts Centre, Public Library and the Performing Arts Venue!

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Location

385 Prince of Wales Dr Unit: 701, Mississauga, Ontario L5B 0C6, Canada

Status

For Sale

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Thank you for your interest in 385 Prince of Wales Dr Unit: 701, Mississauga, Ontario L5B 0C6, Canada. We are reviewing your request and will be in touch shortly!

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Property Amenities

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Interior

Laundry room Ensuite

Total Bedrooms: 1

Area & Lot

MLS® ID W9366840

Architecture Styles Apartment

Type Condo

Status For Sale

Exterior

Stories 7

Air conditioning Central Air

Heat type Forced Air, Gas

Parking Underground, Owned

Lot Features Arts Centre, Library, Public Transit

Finance

Sales Price $529,900 CAD

Maintenance Fee $535 CAD monthly

Real Estate Tax $2,371 CAD yearly

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Forest Hill Yorkville is a team of Ontario real estate experts. They specialize in a variety of unique estate homes, chalets, cottages, condominiums, and commercial property from Forest Hill to Yorkville to Rosedale. Clients get an unrivaled level of service, dedication, marketing, and professionalism. Contact the team today.

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$529,900 CAD