One Park Tower Mississauga is perhaps the second most recognized Mississauga condo, after “Marilyn”, to be completed in the Square One area, due to its distinctive “gothic” design. Built and completed by The Daniels Corporation in 2009. One Park Tower has a distinguishing feature that no other Mississauga condo has to date – gargoyles! Featuring a striking gothic style of architecture, complete with a vaulted two storey lobby that is reminiscent of a church or castle in Europe, the complex contains a single 38 storey tower which is surrounded by an elaborate podium, plus an adjacent group of condominium townhomes. Municipal address is the same for both the highrise tower and for the townhouses – 388 Prince of Wales Drive. One Park Tower Mississauga has been very popular for both sales and rentals since its completion and is recognized by owners and investors as a top condo choice among the galaxy of available Square One condos.
Buying a Condo?
One Park Tower condos are part of the Daniels’ Corporation master-planned community at Mississauga City Centre (MCC), and as such, are conveniently close to all that MCC has to offer: Square One Shopping mall is less than a two minute walk away, with the entrance to the newly opened Food District closest. In addition, Celebration Square, Mississauga City Hall, the central YMCA, the central library, Sheridan College, the Living Arts Centre, and the Mississauga Transit and GO bus terminal are all within easy walking distance.
Adding to the attractiveness of its central location are easy to access to the 403 highway, and convenient shopping at the Rabba supermarket, located directly across the street at 385 Prince of Wales Drive.
Selling a Condo?
Amenities
As is expected of newer luxury condos completed in the Mississauga Square One area in the last decade, One Park Tower condo has a long list of impressive amenities. Bundled under the name of “Club 38”, One Park Tower features a unique facility on the 38th floor of the building, for residents and their guests – with bar, kitchens, widescreen TVs, and billiard and foosball tables, and internet lounge. There are outdoor terraces here as well, with million dollar views of downtown Mississauga, Toronto, and points further afield such as Niagara Falls. Elsewhere on the property, this Square One condo also features an indoor pool, whirlpool, sauna, exercise room, and a gym.
One Park Tower is located directly adjacent to a major new city park, which itself is part of the extensive Zonta Meadows park complex nearby (with public tennis courts).
In keeping with the gothic theme of the complex, there is a beautifully landscaped courtyard, with a sculptural obelisk, plus seating areas, walking paths, water feature, and children’s play area.
Info about One Park Tower
Address: 388 Prince of Wales Dr (condo tower & townhouses)
Developer: The Daniels Corporation
Year of Completion: 2009
Status: built and registered
Architect: Kirkor Architects
Interior Design: HOK
Type: apartment condominiums, townhouse condominiums
Number of buildings: 1 highrise plus townhouses
Storeys: 38
Amenities: 24 hour concierge, gymnasium, party room, rooftop deck with BBQ facilities, workout room, home theatre room
Maintenance fees: include heat, air conditioning, building insurance, water
Property Manager: Larlyn Property Management
Condo Corporation: PSCC 834
Pets: allowed, with restrictions (condo towers), unrestricted (townhomes)
One Park Tower – Prices
Condos for sale and condos for rent at 388 Prince of Wales Drive
388 Prince of Wales for Sale:
At the time of this writing, MLS sales and rental activity at the One Park Tower condos has been on par with the activity of the overall Square One condo market. That is to say, robust sales and leasing. A quick check of the real estate board shows the following price ranges:
- Bachelor units have sold in a range of $450,000 to $450,000
- One bedrooms have sold in a range of $460,000 to $495,000
- One plus one bedrooms have sold in a range of $517,000 to $596,500
- Two bedroom units have sold in a range of $570,000 to $687,000
- Two plus one bedroom units have sold in a range of $588,000 to $708,000
The luxury townhouses surrounding the base of the highrise tower have seen a handful of sales ranging in price from $765,000 to $897,000.
388 Prince of Wales for Rent:
One Park Tower has an ideal location next to Square One, and it is one of the closest condos to the Mississauga bus terminal located there. These factors, plus the overall attractiveness of the tower, have helped rental activity to remain strong at this condominium:
- Bachelor units have rented from $1600/month – $1750/month
- One bedroom units have rented from $1700.00/month – $2000.00/month
- One plus one bedrooms have rented from $1850.00/month to $2150.00/month
- Two bedrooms condos for rent have ranged from $2100.00/month to $2500.00/month
- Two plus one bedrooms have rented between $2100.00/month to $2900.00/month
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