Searching for a one bedroom condo for rent in Mississauga? This vibrant city offers comfortable and stylish one-bedroom units ideal for young professionals, students, and couples looking for easy access to transit, entertainment, and daily essentials.

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501 385 Prince Of Wales Drive
City Centre Peel L5B 0A1

$2,300
Residential Condo & Other beds: 1 baths: 1.0

Main Photo: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 1: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 2: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 3: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 4: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 5: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 6: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 7: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 8: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 9: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 10: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 11: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 12: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 13: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 14: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 15: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 16: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 17: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 18: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Photo 19: 501 385 Prince Of Wales Drive in Peel: City Centre Condo Apartment for lease (Mississauga)  : MLS®# W12393772
Status:
For Lease
Prop. Type:
Residential Condo & Other
MLS® Num:
W12393772
Bedrooms:
1
Bathrooms:
1
Welcome to the Chicago Building in Square One the heart of Mississauga! This bright and modern 1-bedroom, 1-bathroom suite features 9-foot ceilings and is available from November 1st, 2019. Perfect for new immigrants, the location offers unmatched convenience with walking access to Sheridan College, Square One Shopping Centre, the Main Bus Terminal, Central Library, and YMCA. Easy access to Hwy 403/401 and public transit makes commuting a breeze. Enjoy all modern amenities in the building, including a movie theater and Club 365 an incredible 17,000 sq. ft. indoor/outdoor space for recreation, fitness, and socializing.
Lease Term:
12 Months
Lease Agreement:
Yes
Property Portion Lease:
Entire Property
Payment Frequency:
Monthly
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Property Attached:
Yes
Home Style:
Apartment
Approx. Age:
11-15
Total Approx Floor Area:
600-699
Exposure:
North
Bedrooms:
1
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
1
Kitchens Above Grade:
1
# Main Level Bedrooms:
0
# Main Level Bathrooms:
0
Rooms Above Grade:
3
Rooms:
3
Heating type:
Forced Air
Heating Fuel:
Gas
Cooling:
Yes
Storey:
5
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Attached Garage:
Yes
Garage:
Underground
Garage Spaces:
1.0
Parking Features:
Underground
Parking Type:
Owned
Parking Spaces:
1
Total Parking Spaces:
1.0
Locker:
Exclusive
Family Room:
No
Possession Details:
November 1st 2025
Payment Method:
Cheque
Security Deposit Required:
Yes
References Required:
Yes
Rental Application Required:
Yes
Credit Check:
Yes
Employment Letter:
Yes
Assessment:
$- / -
Mississauga
City Centre
Peel
Clear View
Built-In Oven, Primary Bedroom - Main Floor
No
Stainless Steel Fridge, Stainless Steel Stove, Stainless Steel built-in Microwave/Range Vent. Stainless Steel Dishwasher, Washer andDryer,
Concrete
Concierge, Exercise Room, Guest Suites, Gym, Indoor Pool, Party Room/Meeting Room
Yes
No
Floor
Type
Size
Other
Ground
Living Room
18'3" × 10'
Hardwood Floor, Combined w/Dining
Ground
Dining Room
18'3" × 10'
Hardwood Floor, Combined w/Living
Ground
Kitchen
8'6" × 8'
Ceramic Floor, B/I Dishwasher, Granite Counters
Ground
Primary Bedroom
11'4¼" × 10'
Hardwood Floor, 4 Pc Bath
Ground
Foyer
12'4" × 3'7"
Ceramic Floor
Energy Certification:
No
Green Property Information Statement:
No
Special Designation:
Unknown
Furnished:
Unfurnished
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Ensuite Laundry:
No
Laundry Access:
Ensuite
Laundry Level:
Main Level
Condo Corporation Number:
834
Property Management Company:
City Towers Property Management
Date Listed:
Sep 10, 2025
Original Price:
Previous Price:
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Listed by RE/MAX REAL ESTATE CENTRE INC.
Data was last updated September 10, 2025 at 10:15 PM (UTC)
Area Statistics
Listings on market:
412
Avg list price:
$549,950
Min list price:
$365,000
Max list price:
$15,000,000
Avg days on market:
43
Min days on market:
0
Max days on market:
353
These statistics are generated based on the current listing's property type and located in City Centre. Average values are derived using median calculations. This data is not produced by the MLS® system.
DARYL  KING
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Why Choose a One Bedroom Mississauga Condo?

• Lower monthly rent compared to 2- or 3-bedroom units
• Low-maintenance lifestyle in well-managed buildings
• Located near Square One, transit, and major highways
• Perfect for single professionals, couples, or students
• Access to building amenities like gyms and lounges

What to Expect in One Bedroom Rentals in Mississauga

Typical one-bedroom condos in Mississauga come with:

• Open-concept layouts with spacious living/dining
• Private balconies, updated kitchens, and in-suite laundry
• Floor-to-ceiling windows for natural light
• Access to gyms, pools, concierge, and visitor parking

Neighbourhood Highlights Around Mississauga Condos

Mississauga neighbourhoods offer a variety of lifestyle options. City Centre features high-rise towers with unbeatable access to Square One Mall, Sheridan College, and Celebration Square. Erin Mills and Meadowvale are quieter, offering nearby trails, parks, and shopping plazas. Port Credit gives you a scenic lakeside vibe, while Cooksville is ideal for those who want affordability and proximity to the GO Station. With frequent MiWay service and highway access, getting around is simple.

Explore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – One Bedroom Condo for Rent Mississauga

1. How much does a one-bedroom condo rent for in Mississauga?
Average rents start around $2,200/month, depending on location and amenities.

2. Do one-bedroom rentals include parking?
Some do, but it varies by building. Parking may be included or available for an additional fee.

3. Are utilities covered in the rent?
Water and heat are often included, but tenants may pay for hydro and internet separately.

4. Can I rent a furnished one-bedroom condo?
Yes, furnished units are available, especially for short-term or corporate rentals.