Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of City Centre. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $395,000 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.
Your search is finally over! Welcome to 55 Elm Drive, where space, natural light and convenience come together in the heart of Mississauga City Centre. This beautifully maintained and updated 861 sq. ft. suite offers a bright, open-concept layout with large wall-to-wall windows showcasing unobstructed city views, lush greenery and a partial lake view. French doors lead into the sun-filled solarium, creating the perfect extension of your living space, while sliding glass doors open to the spacious bedroom complete with a walk-in closet and 4-piece ensuite. Move-in ready and exceptionally well cared for, the suite features newer laminate flooring, a renovated ensuite bathroom, fresh paint and professional cleaning throughout. The kitchen overlooks the dining area and offers ceramic flooring and backsplash along with additional pantry space, making it ideal for both everyday living and entertaining. A convenient 2-piece powder room, ensuite laundry and mirrored closet doors off the main foyer complete the functional layout .Enjoy the ease of truly all-inclusive maintenance fees covering hydro, heat, A/C, water, cable TV, building insurance and parking. This well-managed building offers an impressive collection of amenities including 24-hour gatehouse security, an indoor pool, sauna, hot tub, gym, billiards room, party room, meeting room, squash court, tennis courts, BBQ area and visitor parking. Ideally situated within walking distance to Square One and everything Mississauga City Centre has to offer, with convenient access to major highways including the QEW, 403, 410 and 401, as well as Toronto Pearson International Airport. Come experience this spacious and sun-filled suite for yourself-a beautifully maintained home offering exceptional value, convenience and views in the heart of Mississauga!
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This condo apartment located at 55 Elm Drive, Mississauga is currently for sale and has been available on SousaSells for 0 days. This property is listed at $395,000 with an estimated mortgage of $1,315* per month. It has 2 beds, 2 bathrooms, and is 800-899 square feet. 55 Elm Drive, Mississauga is in the City Centre neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in City Centre, Mississauga.
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Mississauga.
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The current listing price for 55 Elm Drive, Unit 1, Mississauga, ON in City Centre, Mississauga is $395,000.
This property features 2 bedrooms and 2 bathrooms across approximately 800-899 sqft.
55 Elm Drive, Unit 1, Mississauga, ON is a Condo Apartment (Apartment) featuring a None basement.
Interior highlights include: Carpet Free.
Security features include: Alarm System, Carbon Monoxide Detectors, Security Guard, Smoke Detector, Concierge/Security.
Yes, this property offers parking space for 1.0 vehicle (Underground).
Heating is provided via Gas and cooling via Central Air.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 55 Elm Drive W 1801, 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 $395,000 in Mississauga, the legal minimum down payment is $19,750 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 $4,400 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 $4,400.
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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.