$569,900 - 36 Elm Drive Unit 3507, Mississauga
Condo for Sale in Mississauga
Neighbourhood: Fairview
- MLS Number
- W13615016
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY SERVICES INC.
Welcome to this brand-new southwest corner suite at Edge Towers, offering 2 bedrooms, 2 bathrooms, 1 parking space, and 1 locker. Flooded with natural light, this exceptional residence boasts breathtaking unobstructed views of Lake Ontario and the Mississauga skyline through expansive floor-to-ceiling windows. The thoughtfully designed open-concept layout features 9-foot smooth ceilings, premium laminate flooring throughout, a contemporary kitchen with quartz countertops, centre island, premium appliances, and a private balcony showcasing spectacular lake, city, and sunset views. The spacious primary bedroom includes a 4-piece ensuite, while the second bedroom offers flexibility for a growing family, guests, or a home office. Residents enjoy an outstanding collection of resort-style amenities, including a stunning lobby, 24-hour concierge, fitness centre, yoga studio, private dining room, party room, theatre, billiards room, games room, guest suites, BBQ terrace, and an on-site daycare-ideal for young families. Located in the heart of Mississauga, just steps to Square One, Celebration Square, Sheridan College, restaurants, cafés, parks, grocery stores, and public transit, with easy access to Highways 403, 401, QEW, Cooksville GO Station, and the future Hurontario LRT. An exceptional opportunity to own a sun-filled corner suite in one of Mississauga's most sought-after new communities-perfect for professionals, young families, downsizers, and investors.
Estimate your monthly payments for this property
Estimated Payment
$2,923.88/mo
Includes CMHC insurance ($15,900)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Fairview
Fairview is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Fairview
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Fairview offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
36 Elm Drive Unit 3507, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $950/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 26 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.