36 Elm Drive, Unit 09, Mississauga, ON

$659,000
MLS#:W9053713
2 beds
2 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Fairview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $659,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Experience prime urban living in this upgraded 2-bedroom, 2-bathroom apartment at Edge Towers, located in the heart of Mississauga City Centre. With Over 700 Sq. ft. this elegant home boasts a bright open-concept living area, a modern kitchen with stainless steel appliances, and a private balcony with stunning city views. Nestled in a prime location, you're just steps away from Square One Shopping Centre, with world-class shopping, dining, and entertainment. Public transit is easily accessible, and major highways are nearby, making commuting a breeze. Enjoy exceptional amenities, including a fitness center, party room, and games room. With 24/7 security and a dedicated parking space, this apartment combines luxury and convenience. Don't miss out on this incredible opportunity! Your dream lifestyle awaits in the heart of Mississauga.

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Property Summary

This condo apartment located at 36 Elm Drive, Mississauga is currently for sale and has been available on SousaSells for 722 days. This property is listed at $659,000 with an estimated mortgage of $2,194* per month. It has 2 beds, 2 bathrooms, and is 600-699 square feet. 36 Elm Drive, Mississauga is in the Fairview neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 12, 2024
Sold price information is available to members only
Listed Date7/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyPeel
Annual Tax$3,663.5

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Beach, Campground, Electric Car Charger, Library, Park

Interior Features

Other

Security Features

Community Features

Location

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36 Elm Drive, Unit 09, Mississauga, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 36 Elm Drive W 1409, Mississauga, ON L5B 0N3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

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Interest Rate4.00%
Down Payment$197,700 (30.0%)
* Minimum Canadian down payment required for this price is $40,900.
Amortization Period30 Years
Estimated Monthly Payment$2,194Based on a loan of $461,300 over 30 years.
Purchase Price$659,000
Loan Amount$461,300
Provincial Land Transfer Tax:$9,655
Total Estimated Closing Taxes:$9,655

About Purchasing a Home in Mississauga, ON

For a property listed at $659,000 in Mississauga, the legal minimum down payment is $40,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,655 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,655.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Fairview, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$946,915

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

Elm Drive
Public100 Walford Court, Fairview, Mississauga, Ontario, L5B 1T8
4.9
Bishop Scalabrini
Public225 Central Parkway West, Fairview, Mississauga, Ontario, L5B 3J5
6.4
St Philip
Public345 Fairview Road West, Fairview, Mississauga, Ontario, L5B 3W5
7.2
Father Daniel Zanon
Public450 Hillcrest Avenue, Cooksville, Mississauga, Ontario, L5B 4J3
7.6
Corpus Christi
Public4155 Elora Drive, Creditview, Mississauga, Ontario, L5B 3N4
6.4

Secondary Schools

Father Michael Goetz
Public330 Central Parkway West, Fairview, Mississauga, Ontario, L5B 3K6
4.0
Iona SS
Public1585, Mississauga Valleys, Mississauga, Ontario, L5A 3W9
6.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.