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Chicago Condos Condos in Mississauga

385 Prince Of Wales Drive, Mississauga

230

Total Units

4

For Sale

1

For Rent

41

Sold

198

Leased

$506K

Avg Price

33

Days (Sale)

24

Days (Lease)

OQ

OVAIS QASSIM

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Property Type:
Condo
Number of Units:
230
Condo Demand:
High
Unit Availability:
Low
Number of Storeys:
Condo Completion:
Unit Size Range:
0 - 1,199 SQFT
Property Management:
City Tower Property Mgmt Inc

Market Overview

For-Sale Inventory

1.7%

Highest Sale (12mo)

$665K

Lowest Sale (12mo)

$390K

Median Maintenance

$597/mo

Year Built

Chicago Condos Market

Updated Aug 21, 2026
Condos
Median sale price
$524K
Median PSF (est.)▼ 10.5%
$660/sqft
Sold last 90 days
4
Active listings
5
Months of inventory
–
Avg days on market
53
Sale-to-list ratio
98.85%
Absorption rate
0.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 80.95% · End-user: 19.05% (from 4 sales, 17 leases)
Price reductions (90d)
Price-reduction rate: 25.00%
Avg reduction: $14,000 (3.19%)
Monthly reduction trend
2025-05: 0.0% (4 listings)
2025-08: 0.0% (3 listings)
2025-09: 0.0% (3 listings)
2025-11: 0.0% (3 listings)
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $660 — +2.14% vs community avg ($646)[premium]
Supply vs demand by unit type (90d)
Sample: 5 active listings · 4 sold (90d)
studio: 1 active / 0 sold · mismatch +20.00%
1br: 1 active / 1 sold · mismatch -5.00%
2br: 3 active / 3 sold · mismatch -15.00%
3br: 0 active / 0 sold · mismatch +0.00%
Concession pattern by unit type (90d)
1br (11 sales) — 90.91% closed with concessions, avg 3.57% below ask
2br (16 sales) — 87.50% closed with concessions, avg 3.41% below ask
Seasonality (annual pattern)
Historically strongest months: Apr, Aug, Nov
Historically weakest months: May, Jul, Feb
Annual averages: DOM 28.9d · sale-to-list 98.85% (n=28)
Monthly detail
Feb · 3 sales · DOM 56.0d · STL 97.07%
Mar · 2 sales · DOM 28.5d · STL 97.95%
Apr · 1 sales · DOM 10.0d · STL 94.18%
May · 6 sales · DOM 36.5d · STL 99.17%
Jun · 3 sales · DOM 21.7d · STL 93.71%
Jul · 1 sales · DOM 44.0d · STL 97.40%
Aug · 3 sales · DOM 11.7d · STL 97.13%
Sep · 3 sales · DOM 20.0d · STL 102.10%
Oct · 3 sales · DOM 31.7d · STL 97.58%
Nov · 3 sales · DOM 18.3d · STL 107.53%

Market Intelligence

Price per sqft analysis and trends

Chicago Condos

Sale PSF

N/A

Lease PSF

N/A

City Centre

Sale PSF

$565/sqft

49 sales

Lease PSF

$2.90/sqft/mo

6 leases

Mississauga

Sale PSF

$538/sqft

176 sales

Lease PSF

$3.53/sqft/mo

1 leases

Peel

Sale PSF

$526/sqft

206 sales

Lease PSF

$3.53/sqft/mo

1 leases

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
Chicago CondosThis Building
——/mo——
City Centre
5652.90/mo496
Mississauga
5383.53/mo1761
Peel
5263.53/mo2061

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Parking & Locker Values

Parkingcommunity

Purchase

N/A

Monthly Lease

$144.23/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

BBQs Allowed
Bike Storage
Car Wash
Club House
Community BBQ
Concierge
Elevator
Exercise Room
Game Room
Guest Suites
Gym
Indoor Pool
Lap Pool
Media Room
Other
Outdoor Pool
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Sauna
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCable TVCommon ElementsCondo TaxesHeatParkingWater

Building Reviews

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About Chicago Condos Condos

Chicago Condos is a premier condominium located at 385 Prince Of Wales Drive, Mississauga. This 230-unit building offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 244 units available at Chicago Condos, with prices averaging around $506K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

Chicago Condos stands out in Mississauga's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

Whether you're looking to buy, sell, or rent at Chicago Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation and market analysis.

Explore more real estate in the wider area: City Centre, Mississauga and the Peel area.

Units for Sale at Chicago Condos

Units for Lease at Chicago Condos

Keywords: Chicago Condos Mississauga Real Estate

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