Maintenance Fees
Chicago Condos vs The Downtown Core Area
1502 - 385 Prince Of Wales Dr
$2,7002 bds1 ba1 pk800 sqft
For RentChicago Condos
5.0
5 Days on Strata
$2,700/mth
2 Beds + 1
1 Bath
1 Parking
800 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Possession Date:
May 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
North East
Locker:
Owned
Amenities
BBQs Allowed
Indoor Pool
Rec Room
Indoor Parking
Guest Suites
Concierge
Games Room
Outdoor Pool
Sauna
Security System
Party Room
Media Room
Rooftop Deck
Gym Room
Visitor Parking
About this Listing
**Stunning Corner Unit in a Prime Location!**Luxury Condo In The Heart Of Mississauga At Square One, Corner Unit With Lots Of Sunlight. This Carefully Laid Out Unit Boasts 2 Generous Size Bedrooms, 9 Foot Ceilings. Chicago Condo Is Situated In The Heart Of Downtown Mississauga, Minutes from **Square One Shopping Centre, Sheridan College, Celebration Square, City Hall, Central Library, YMCA, transit, restaurants, and 24-hour Rabba, Food Basics **.Amenities Such As 24-hour Concierge, Indoor Pool, Sauna, Gym, and More Elevate The Building's Appeal.One Underground Parking Spot and Locker Included. A Must See!
bay street group inc.MLS® #W12058253
Fees & Utilities
Utilities Included
Rent Includes
Water
Parking
Not Included
Hydro
Heat
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate, Open Concept, Walkout To Balcony
10.01 x 13.48ft
Dining
Laminate, Open Concept, Combined with Living
10.01 x 13.48ft
Kitchen
Granite Counter, Built-in Dishwasher, Built-in Microwave
6.5 x 10.01ft
Primary
Double Closet, Picture Window, Laminate
9.32 x 10.79ft
2nd Bedroom
Double Closet, Picture Window, Laminate
10.99 x 9.02ft
Study
Laminate
7.87 x 5.58ft
Renter's Market
Balanced
Landlord's Market
Similar Listings
Explore Downtown Core
Commute Calculator
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9/10
Walkability
One small step for you. One giant leap towards never needing a gym membership.
8/10
Transit
So frequent, you might accidentally start collecting tickets.
5/10
Bikeability
A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
9,194
Average Individual Income
$63,586
Average Household Size
2 persons
Average Age
60
Average Household Income
$105,144
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
41%
High Rise Apartment
24%
Semi Detached
24%
Low Rise Apartment
6%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
English
83%
Other
8%
Punjabi
4%
Tagalog
1%
Hindi
1%
Spanish
1%
Mandarin
1%
Urdu
1%
Education
High School
32%
University and Above
25%
College
21%
None
15%
Apprenticeship
3%
University Below Batchelor
1%
Major Field of Study
Business Management
26%
Architecture & Engineering
20%
Social Sciences
12%
Health & Related Fields
10%
Math & Computer Sciences
6%
Personal, Protective & Transportation Services
5%
Humanities
4%
Education
4%
Physical Sciences
3%
Visual & Performing Arts
3%
Agriculture & Natural Resources
1%
Building Trends At Chicago Condos
Days on Strata
Units at Chicago Condos spend an average of
36
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire list price
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Downtown Core
Turnover of Units
On average, each unit is owned for
5.4
YEARS before being sold againProperty Value
-11%
Decrease in property value within the past twelve months
Price Ranking
9th
Highest price per SQFT out of 44 condos in the Downtown Core area
Sold Units
18
Units were Sold over the past twelve months
Rented Units
85
Units were Rented over the past twelve months
Best Value Rank
Chicago Condos offers the best value out of 44 condos in the Downtown Core neighbourhood
?
Appreciation Rank
Chicago Condos has the highest ROI out of 44 condos in the Downtown Core neighbourhood
?
Rental Yield
Chicago Condos yields the highest rent prices out of 44 condos in the Downtown Core neighbourhood
?
High Demand
Chicago Condos is the most popular building out of 44 condos in the Downtown Core neighbourhood
?
Market Insights
Transaction Insights at Chicago Condos
| 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 | $565,000 - $623,800 | $840,000 | No Data | No Data |
| Avg. Cost Per Sqft | $1,034 | $839 | $784 | $784 | $818 | No Data | No Data |
| Price Range | $1,900 - $2,200 | $1,950 - $2,500 | $2,400 - $2,750 | $2,500 - $3,200 | $2,900 - $3,500 | No Data | No Data |
| Avg. Wait for Unit Availability | 159 Days | 26 Days | 25 Days | 78 Days | 125 Days | 1449 Days | 296 Days |
| Avg. Wait for Unit Availability | 57 Days | 12 Days | 11 Days | 43 Days | 128 Days | 369 Days | 113 Days |
| Ratio of Units in Building | 6% | 33% | 39% | 11% | 7% | 2% | 6% |
Market Inventory
Total number of units listed and leased in Downtown Core
