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$690K · 2 bed Co-op Apartment · City Centre, Mississauga | MyPropertyScout

$690,000

388 Prince of Wales Drive

22OwnerOccupied

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$690,000

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388 Prince of Wales Drive

Mississauga · Ontario L5B 0A1

MLS® W12846934 · City Centre · L5B 0A1

22OwnerOccupied900-999 ft²Co-op Apartment1-car Underground$727/ft²$3,412 tax/yr

20% above market · regional est.

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Experience refined urban living in this luxurious 2-bedroom ground-floor residence at Daniels, thoughtfully designed to offer the feel of a private townhome. Backing onto a serene 3-acre park, this exceptional unit blends tranquility with modern sophistication.Residents enjoy exclusive access to premium clubhouse amenities, including a spectacular 38th- floor rooftop lounge showcasing breathtaking panoramic views of the city, the lake, and the iconic Toronto skyline an extraordinary setting for…

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Property details

MLS#: W12846934
Status: Buy Now
Beds: 2
Baths: 2 full, 0 half
Size: 900-999
Style: 1 Storey/Apt
Type: Co-op Apartment
Year built: —

Condo corp #: 834
Balcony: Terrace
Locker: Owned
Fees include: Heat Included, Common Elements Included, Building Insurance Included, Water Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Burnhamthorpe/Confederation
Basement: None
Stories: 1
Utilities: —
Laundry: Ensuite
Interior: Other
Parking features: Private

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: HOMELIFE/MIRACLE REALTY LTD

Source: TRREB/PROPTX · MLS® W12846934

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$690K

388 Prince of Wales Drive · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $690,000✓ $3,412 tax✓ Gas✓ 900-999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,222/mo

incl. closing costs (yr 1)

Annual total

$62,659

year 1

Mortgage only

$2,618/mo

principal + interest

Beyond mortgage

$1,289/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$138,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$284/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~950 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$6,900/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$10,275

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)50% $31,412/yr

Property taxes22% $13,687/yr

Utilities6% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance11% $6,900/yr

Closing costs8% $5,100/yr

Mortgage is 50% of your true cost of ownership. The other 50% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$31,412	$2,618/mo
Government & taxes
Property tax	$3,412	$284/mo
Land transfer tax(closing)	$10,275	$856/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$6,900	$575/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$62,659	$5,222/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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388 Prince of Wales Drive

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs