**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! **** EXTRAS **** 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! (id:4069)
| Address |
701 - 385 PRINCE OF WALES DRIVE |
| List Price |
$529,900 |
| Property Type |
Single Family |
| Type of Dwelling |
Apartment |
| Area |
Ontario |
| Sub-Area |
Mississauga (city Centre) |
| Bedrooms |
1 |
| Bathrooms |
1 |
| Floor Area |
600 Sq. Ft. |
| Maint. Fee |
$535 |
| MLS® Number |
W9366840 |
| Listing Brokerage |
FOREST HILL REAL ESTATE INC.
|
| Postal Code |
L5B0C6 |
| Site Influences |
Public Transit |
| Features |
Balcony |
| Amenities |
Security/Concierge, Exercise Centre, Storage - Locker |
