$479,900

For sale

#1214 55 Elm Drive, Mississauga (City Centre) - Single Family for Sale

#1214 55 Elm Drive, Mississauga (City Centre), Ontario, L5B3Z3

2 beds2 baths2 parking1,100 ft²$959/mo condo feeListed 52 days ago

Overview

This 2-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 1,100 sq ft of space. Its $479,900 asking price sits right in line with the $499,900 median in Mississauga.

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Description

Beautifully renovated, freshly painted, and move-in ready, this spacious 1,027 sq. ft. Features: 2 bathrooms and 2 parking spaces. The large den is currently used as a second bedroom, offering flexible living space. The modern kitchen features granite countertops, while the primary bedroom includes a 4-piece ensuite and walk-in closet. Laminate flooring runs throughout, complemented by stunning, unobstructed views that can be enjoyed throughout the unit. Residents enjoy an exceptional selection of amenities, including a fully equipped gym, exercise room, indoor pool, sauna, games room, squash/racquet and tennis courts, party/meeting room, rooftop deck and garden, BBQ facilities, security system, and ample visitor parking. Ideally located in central Mississauga, with convenient access to public transit, Square One Shopping Centre, Celebration Square, restaurants, schools, parks, major highways, and the future LRT. Freshly updated, spacious, and ready for its next occupant (id:66096)

Property Details

MLS®: W13786006
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $959/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,013.49/yr
Listed: 52 days ago

Rooms

Flat

Living room: 5.9 x 3.3 meters
Dining room: 3.05 x 3.1 meters
Kitchen: 3.1 x 3.01 meters
Primary Bedroom: 4.35 x 3.2 meters
Den: 3.8 x 3 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Flooring: Laminate
Exterior: Brick
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

Mississauga (City Centre) listings, avg age

54d

Price / ft²

$436

List price

$480K

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 2-bed single family in Mississauga (City Centre) has been listed for 52 days, which is 2 days fresher than the city average of 54. Act while there is still low competition.

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Listed by SUTTON GROUP REALTY SYSTEMS INC. · SEMIR BAJRIC

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5B)

This home lists at $479,900, about 6.1× the local median household income of $79,000.

Carrying it typically needs a household income of about $93,741 (20% down, 25-yr amortization, stress-tested) — roughly 19% above the area median.

Median household income: $79,000
Population: 67,131
Median age: 37.2
Owner / renter: 55% / 45%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L5B)

$479,900· $436/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,995

Min 5%50%

Mortgage payment$2,528/mo

↳ CMHC premium ($18,236 capitalized)

Property tax (est.)$251/mo

Condo fee$959/mo

Total monthly$3,737

Cash Needed to Close

Down payment (5%)$23,995

Land transfer tax$6,073

Est. closing costs$3,940

Total cash needed$34,008

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