388 Prince of Wales Drive
Building Details
Listing History for One Park Tower Condos
Amenities
Maintenance Fees
About 388 Prince of Wales Drive — One Park Tower Condos
The One Park Tower Condos is quite the luxurious building, hence the name of the street on which it sits. Located at 388 Prince of Wales Drive in Mississauga’s Downtown Core neighbourhood, the condo is aptly outfitted with a hotel-like lobby (equipped with a 24-hour concierge and all), first-class amenities, and intricately landscaped grounds.
Built in 2008 by Daniels Corporation, 388 Prince of Wales still ranks 4th on the list of tallest buildings in Mississauga, at 37 storeys. The enormous tower contains 404 suites, the majority of which are home to young, sociable residents. Those living in the building aren’t shy to use the One Park Tower’s many amenities, such as the gym, indoor pool, sauna, guest suites, party room, terrace with barbecues, and visitor parking.
The Suites
While none of the homes at 388 Prince of Wales are quite palatial in size, suites range from cozy 450-square-foot studios to 1,500-square-foot, three bedroom units. This means that all sorts of prospective residents are accounted for, from single professionals to sizeable families and everyone in between.
In terms of style the homes at 388 Prince of Wales are modern, yet elegant with their large windows, hardwood flooring, stainless steel appliances, and granite countertops. Best of all, every unit contains at least one balcony, while some even boast two.
The Neighbourhood
Living in the heart of Mississauga’s Downtown Core has its perks for residents of all ages. Those with kids might find they frequent the nearby Playdium Amusement Centre, Cineplex Cinemas, or the YMCA on rainy days, while an easy yet impressive date night for residents of the One Park Tower Condos involves dinner in the neighbourhood before or after a show at the Living Arts Centre.
When it comes time to shop, residents have no need to leave the neighbourhood either. Groceries can be gathered at Whole Foods or Rabba Fine Foods, while wardrobe upgrades can always be accomplished at the nearby Square One Shopping Centre.
Transportation
Thanks to its central location, residents living at 388 Prince of Wales have no trouble getting around Mississauga. Drivers can use Hurontario or Mavis Road to hop onto the 403, which provides access to both the 401 and the 407. Those without cars of their own, on the other hand, can find bus stops on Prince of Wales Drive and Confederation Parkway, as well as at the City Centre Transit Terminal, which takes just 10 minutes to reach on foot.
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Price Cut: $200 (Nov 29)
Price Cut: $100 (Nov 21)
Price Cut: $210 (Dec 15)
Price Cut: $250 (Dec 9)
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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 One Park Tower 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 388 Prince of Wales Drive
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|---|
Price Range | No Data | No Data | $579,000 - $620,000 | $620,000 - $745,000 | $710,000 - $720,000 | No Data |
Avg. Cost Per Sqft | No Data | No Data | $830 | $815 | $748 | No Data |
Price Range | No Data | $2,280 - $2,500 | $2,400 - $2,800 | $2,800 - $3,200 | $3,000 - $3,300 | $3,750 - $3,850 |
Avg. Wait for Unit Availability | No Data | 56 Days | 33 Days | 51 Days | 147 Days | 115 Days |
Avg. Wait for Unit Availability | No Data | 24 Days | 18 Days | 23 Days | 94 Days | 92 Days |
Ratio of Units in Building | 1% | 19% | 38% | 27% | 10% | 8% |
Unit Sales vs Inventory
Total number of units listed and sold in Downtown Core