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    321 - 385 Prince Of Wales Dr

    For SaleChicago Condos
    $535,000
    1 Bed + 1
    2 Bath
    1 Parking
    730 SQFT
    1 Day on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $646/mth
    Taxes:
    $2,840 (2024)
    Cost Per Sqft:
    $733/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    Immediately
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    11.94 x 15.45ft
    Dining
    Laminate, Combined with Living
    11.94 x 15.45ft
    Kitchen
    Tile Floor, Stainless Steel Appliances
    11.94 x 8.73ft

    About this Listing

    This Stunning 1+1 Bedroom Condo Is A Perfect Blend Of Modern Elegance And Convenience, Offering A Comfortable Living Space With Brand New Laminate Flooring. As You Step Inside, You'll Immediately Notice The Spacious Open Concept Design That Allows For Seamless Flow And Abundant Natural Light. The Living Area Is Ideal For Relaxation Or Entertaining Guests, W/ Ample Room For A Cozy Seating Arrangement & A Designated Dining Area. The Primary Bedroom Is Generously Sized Featuring An Ensuite Washroom Providing Convenience & Privacy. An Additional Den Is Available, Which Can Be Utilized As An Additional Bedroom Or An In Home Office! Located In The City Centre, You'll Have Easy Access To An Array Of Amenities & Services. Including Shopping Centers, Restaurants, Entertainment & Parks. Commuting Is A Breeze With Major Highways And Public Transportation Options Nearby, Ensuring Quick Connections To Other Parts Of The City And Beyond

    ExtrasMicrowave, Dishwasher, Stove, Fridge, Washer, Dryer

    re/max key2 real estateMLS® #W11929507


    Amenities

    Sauna
    Gym Room
    Rec Room
    Media Room
    Concierge
    Party Room

    Explore Neighbourhood

    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!'

    Similar Listings

    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
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    28%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    3%
    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%

    Maintenance Fees

    Chicago Condos vs The Downtown Core Area

    Days on Strata

    Units at Chicago Condos spend an average of
    37
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Downtown Core

    Turnover of Units

    On average, each unit is owned for
    5.3
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    83
    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

    Transaction Insights at 385 Prince of Wales Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$425,000 - $430,000$482,000 - $537,000$495,000 - $600,000$611,000 - $623,800$840,000No DataNo Data
    Avg. Cost Per Sqft$1,037$839$814$817$818No DataNo Data
    Avg. Wait for Unit Availability159 Days26 Days24 Days76 Days125 Days1449 Days353 Days
    Ratio of Units in Building6%33%38%11%7%2%6%

    Transactions vs Inventory

    Total number of units listed and sold in Downtown Core