385 Prince of Wales Drive & 383 Prince of Wales Drive
Building Details
Listing History for Chicago Condos
Amenities
Maintenance Fees
About 385 Prince of Wales Drive — Chicago Condos
Regardless of what the name implies, the Chicago Condos is certainly not located south of the border, in the windy city. Instead, this modern Canadian condominium can be found at 385 Prince of Wales Drive and 383 Prince of Wales Drive in Mississauga.
Daniels Corporation is responsible for the creation of the Chicago Condos, and the tower comprised the developer’s 6th building in its master-planned City Centre Community. Kirkor Architects Planners designed the 36-storey residential edifice, and construction was completed in 2010.
In addition to 484 homes, over 17,000 square feet is dedicated to amenities. Residents have access to a gym, indoor pool, sauna, party room, theatre, games room, rock-climbing wall, virtual golf, and terrace with barbecue and dining area — plus the building is equipped with a concierge and underground parking.
The Suites
The homes at 385 Prince of Wales Drive range dramatically in terms of size and layout: Suites start at approximately 450 and reach to around 6,000 square feet, and consist of anything from studios to three bedroom plus den units. Style-wise, however, the homes throughout the building feel rather consistent, thanks to thoughtful interior design details by Hudson Kruse.
The Neighbourhood
Planned with active residents in mind, the Chicago Condos is situated in Mississauga’s most exciting neighbourhood: the Downtown Core. Those living in the building can walk just a few short blocks in order to reach local attractions like the Cineplex Cinemas Mississauga, the Living Arts Centre, the Art Gallery of Mississauga, and Square One Shopping Centre. And when it comes time to stock up on groceries, residents at 385 Prince of Wales Drive can choose between grabbing organic goods from Whole Foods or exploring the Asian imports at T&T Supermarket.
Transportation
With bus stops right outside the front door of 385 Prince of Wales, even residents who prefer not to drive can get around the city with ease. The 20 Rathburn and 26 Burmanthorpe buses come in handy for those hoping to connect onto the TTC subway system, as both of these buses carry passengers to Islington Station on the Bloor-Danforth line. Drivers, on the other hand, can make use of nearby highways like the 403, the 401, and the QEW.
Reviews for Chicago Condos
Listings For Sale
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Price Cut: $10,000 (Feb 25)
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Listings For Rent
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Price Cut: $150 (Feb 18)
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Price Cut: $150 (Feb 25)
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Price Cut: $400 (Feb 24)
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Price Cut: $125 (Feb 22)
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Price Cut: $125 (Feb 21)
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Price Cut: $250 (Feb 18)
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Chicago Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 385 Prince of Wales Drive
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|---|---|---|
Price Range | $430,000 | $482,000 - $537,000 | $495,000 - $600,000 | $600,000 - $623,800 | $840,000 | No Data | No Data |
Avg. Cost Per Sqft | $1,034 | $839 | $805 | $781 | $818 | No Data | No Data |
Price Range | $1,900 - $2,200 | $2,150 - $2,500 | $2,300 - $2,750 | $2,500 - $3,200 | $2,900 - $3,500 | No Data | $3,600 |
Avg. Wait for Unit Availability | 159 Days | 26 Days | 24 Days | 78 Days | 125 Days | 1449 Days | 296 Days |
Avg. Wait for Unit Availability | 57 Days | 12 Days | 11 Days | 45 Days | 128 Days | 369 Days | 113 Days |
Ratio of Units in Building | 6% | 33% | 39% | 11% | 7% | 2% | 6% |
Unit Sales vs Inventory
Total number of units listed and sold in Downtown Core