This property was sold on May 14, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of City Centre. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $559,800 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.
Welcome to this bright and beautifully laid out 2-bedroom, 2-bathroom condo offering 1,157 sq.ft. in a secure, gated community. Perfectly positioned with sunny southwest exposure, this unit showcases sweeping city and lake views through expansive windows that flood the space with natural light. The thoughtfully designed kitchen includes a breakfast bar, abundant cabinetry and counter space, and under-cabinet lighting, ideal for both casual dining and entertaining. An open-concept living and dining area flows seamlessly into a sun-filled solarium-style den, enclosed in glass and perfect for a home office or cozy reading nook. The spacious primary suite features a walk-in closet with mirrored doors and a private 4-piece ensuite bath. A generously sized second bedroom and a full main bathroom complete the layout, offering flexibility for families, guests, or additional work-from-home space. Enjoy unmatched convenience with top-tier amenities just minutes away, including Square One Shopping Centre, Sheridan College, Celebration Square, Central Library, parks, and green spaces. Commuting is effortless with nearby access to Highways 403, 410, 401, and 407, as well as public transit options. This condo includes a conveniently located parking space close to the elevator. Monthly maintenance fees include all the essentials: hydro, water, heating, air conditioning, and cable TV, providing both comfort and peace of mind. The building also offers premium amenities such as gatehouse security, a fitness centre, indoor pool, rooftop terrace, party room, visitor parking, and more.
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This condo apartment located at 55 Elm Drive, Mississauga is currently for sale and has been available on SousaSells for 448 days. This property is listed at $559,800 with an estimated mortgage of $1,863* per month. It has 3 beds, 2 bathrooms, and is 1000-1199 square feet. 55 Elm Drive, Mississauga is in the City Centre neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Library, Arts Centre, Park, Public Transit, Rec./Commun.Centre, School
Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 55 Elm Drive W 1613, Mississauga, ON L5B 3Z3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.
About Purchasing a Home in Mississauga, ON
For a property listed at $559,800 in Mississauga, the legal minimum down payment is $30,980 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 $7,671 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 $7,671.
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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.