1311 - 388 Prince Of Wales Dr

1 / 31

For SaleOne Park Tower Condos

$619,999

1 Bed + 1

2 Bath

1 Parking

715 SQFT

40 Days on Strata

Listing History

Unit Highlights

Property Type:

Condo

Maintenance Fees:

$573/mth

Taxes:

$2,745 (2024)

Cost Per Sqft:

$867/sqft

Locker:

Owned

Outdoor Space:

Balcony

Exposure:

South

Possession Date:

November 1, 2024

Laundry:

Ensuite

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: Gas
Heating: Forced Air

Room Dimensions

Living

Hardwood Floor, Combined with Dining, Walkout To Balcony

17.06 x 10.5ft

Dining

Hardwood Floor, Combined with Living, Breakfast Area

17.06 x 6.56ft

Kitchen

Ceramic Floor, Open Concept, Granite Counter

7.55 x 7.22ft

About this Listing

Bright Sun-filled South facing condo by Daniels, featuring 715 sq ft of functional layout, blending comfort with modern convenience.This 1 Bedroom and den, with 2 full washrooms, a parking and a locker provides Spectacular unobstructed view of the city. The kitchen features granite countertop, Stainless Steel Appliances (2020), making it ideal for cooking and entertaining. The primary bedroom is a tranquil retreat, with large windows, and a luxurious 4 pc ensuite washroom. Perfectly located right in the heart of City center, with close proximiy to public transit, you are minutes away from Square One Shopping Centre, Living Arts Centre, Celebration Square and an array of restuarants and grocery stores. Building Amenities include Rooftop Club 38 Lounge, Gym/Exercise room, Billiards Room, Indoor Swimming Pool, Hot Tub, 24-hr Concierge, Visitor Parking and more!

ExtrasPictures are from prior to tenant moving in. Well maintained building and top class amenities!

realbiz realty inc.MLS® #W9372038

Amenities

Concierge

Visitor Parking

Party Room

Rec Room

Rooftop Deck

Sauna

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

Average Household Income

$105,144

Dominant Housing Type

Detached

Population By Age

0 - 14

16%

15 - 19

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+

$125,000+

Housing Types & Tenancy

Detached

41%

High Rise Apartment

24%

Semi Detached

24%

Low Rise Apartment

Duplex

Marital Status

Commute

Languages (Primary Language)

English

83%

Other

Punjabi

Tagalog

Hindi

Spanish

Mandarin

Urdu

Education

High School

32%

University and Above

25%

College

21%

None

15%

Apprenticeship

University Below Batchelor

Major Field of Study

Business Management

26%

Architecture & Engineering

20%

Social Sciences

12%

Health & Related Fields

10%

Math & Computer Sciences

Personal, Protective & Transportation Services

Humanities

Education

Physical Sciences

Visual & Performing Arts

Agriculture & Natural Resources

Price Trends

Maintenance Fees

One Park Tower Condos vs The Downtown Core Area

Building Trends At One Park Tower Condos

Days on Strata

Units at One Park Tower Condos spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

100%

of the list price.
Or in other words, the

entire list price

Offer Competition

Condos in this building have an

AVERAGE

chance of receiving

Multiple Offers

compared to other buildings in Downtown Core

Turnover of Units

On average, each unit is owned for

5.4

YEARS before being sold again

Property Value

-8%

Decrease in property value within the past twelve months

Price Ranking

16th

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

Sold Units

Units were Sold over the past twelve months

Rented Units

Units were Rented over the past twelve months

Best Value Rank

One Park Tower Condos offers the

best value out of 44 condos in the Downtown Core neighbourhood

Appreciation Rank

One Park Tower Condos has the

highest ROI out of 44 condos in the Downtown Core neighbourhood

Rental Yield

One Park Tower Condos yields the

highest rent prices out of 44 condos in the Downtown Core neighbourhood

High Demand

One Park Tower Condos is the

most popular building out of 44 condos in the Downtown Core neighbourhood

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	$621,000 - $688,000	$690,000 - $720,000	$770,000
Avg. Cost Per Sqft	No Data	No Data	$831	$774	$744	$695
Price Range	No Data	$2,280 - $2,500	$2,400 - $2,950	$2,800 - $3,600	$3,000 - $3,500	$3,750 - $3,850
Avg. Wait for Unit Availability	No Data	56 Days	30 Days	52 Days	145 Days	115 Days
Avg. Wait for Unit Availability	No Data	25 Days	18 Days	23 Days	97 Days	92 Days
Ratio of Units in Building	1%	19%	38%	27%	10%	8%

Transactions vs Inventory

Total number of units listed and sold in Downtown Core