701 - 385 Prince of Wales

Home Details

Description

**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!

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Additional media

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Property taxes

$2,371.30 per year / $197.61 per month

Condo fees

$534.98

Basement

None

Year build

-

Type

Condo Apt

Bedrooms

1

Bathrooms

1

Pet rules

Restrict

Parking spots

1.0 Total | 1.0 Garage

Parking types

Owned

Floor

-

Balcony

Open

Pool

-

External material

Brick

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Forced Air

Fire place(s)

N

Locker

Owned

Building amenities

Concierge, Gym, Indoor Pool