701 - 385 Prince of Wales Dr
Prince of Wales Dr, City Centre, Mississauga, ON, L5B 0C6
Quick Summary
Quick Summary
- Existing income-generating investment property
- Assumable lease with AAA tenant at $2,400/month
- High demand building for rental units
- Spacious unit with functional open-concept layout
- Upgraded kitchen with stainless steel appliances
- Primary bedroom with his-and-her closets
- Tall 9' ceilings and modern baseboards
- Tranquil north-facing balcony with sunny exposure
**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... Show More
**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! Amenities Incl: An Indoor Pool, Saunas, Whirlpool, Gym, 24hr Concierge, Outdoor Deck, Party Rm, Billiards Rm, Theatre, Virtual Golf, Foosball Table and a Rock-Climbing Wall!
Property Details
Size
Parking
Condo
Condo Amenities
Build
Heating & Cooling
Rooms
Foyer
3′5″ x 9′5″
Kitchen
7′11″ x 8′6″
Living
11′3″ x 17′9″
Dining
11′3″ x 17′9″
Prim Bdrm
9′11″ x 11′7″
Other
5′4″ x 10′3″
Ownership Details
Ownership
Condo Policies
Taxes
Condo Fee
Source
Listing Brokerage
Book A Private Showing
For Sale Nearby
Sold Nearby
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