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 $399,900 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.
**INCLUDES 2 OWNED SIDE-BY-SIDE UNDERGROUND PARKING SPOTS AND AN OWNED OVERSIZED LOCKER!** This bright and spacious 1038 sq ft corner unit is in a very sought after downtown location surrounded by numerous amenities and is priced to sell! You'll immediately notice the functional floorplan with an open concept living/dining area and the generously sized bedroom with a 5-piece ensuite bathroom and his & her closets. There is also a convenient 2-piece bathroom and ensuite laundry with a brand-new stacked washer/dryer. The floor plan notes the space off the kitchen as a solarium (shown in the pictures as an eat-in kitchen) but would make an excellent home office space or den where you could gaze at the unobstructed south-west views from the many sun-filled windows.This 'suite' deal also includes 2 owned side-by-side underground parking spots located close to the building entrance plus an owned oversized 10' x 10' locker! Well managed Tridel building with many premium amenities- tennis courts, BBQs, rooftop terrace, indoor pool, exercise room, theatre room, billiard room, party room and more! Maintenance fees INCLUDE 24-hour security, heat, hydro, water and a cable package! Walk to Square One mall, the future light rail train, transit, restaurants and parks. Just a short drive to 403 highway, Cooksville GO and Trillium hospital.
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This condo apartment located at 55 Elm Drive, Mississauga is currently for sale and has been available on SousaSells for 322 days. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 1 bed, 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.Hospital, Library, Park, Public Transit, Rec./Commun.Centre, School
Auto Garage Door Remote, Guest Accommodations, Primary Bedroom - Main Floor, Storage Area Lockers
Alarm System, Security Guard
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 55 Elm Drive W 1404, 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 $399,900 in Mississauga, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.
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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.