$649,000 - 36 Elm Drive Unit 704, Mississauga
Condo for Sale in Mississauga
40 days on marketNeighbourhood: City Centre
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- MLS Number
- W13723168
- Property Type
- Condo
- Status
- active
- Days on Site
- 40
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Mississauga
- Taxes (2025)
- $4,559
- Maintenance Fees
- $560/mo
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- BOSLEY REAL ESTATE LTD.
Welcome to 36 Elm Drive West, Suite 704 - a bright and spacious corner suite in the heart of Mississauga's City Centre. This thoughtfully designed 2-bedroom + den, 2-bathroom condo offers an abundance of natural light and a comfortable, functional layout. 880 square feet of interior living space with an open-concept living and dining area. The modern kitchen is complete with a convenient breakfast bar - perfect for everyday living or entertaining. Enjoy the sweeping views the private balcony, with two convenient walkouts - one directly from the kitchen and another from the living room - creating an easy indoor-outdoor connection and plenty of space to enjoy your morning coffee or unwind at the end of the day. The versatile den provides the perfect space for a home office, study or additional living area. As a corner suite, enjoy extra windows and an airy, sun-filled feel throughout. Desirable split floorplan with two large bedrooms. The den makes for a perfect home office or cozy entertainment space. Well managed building with too many amenities to list- friendly 24-hour concierge, fitness centre, party room, theatre room, games lounge, Wi-Fi lounge, guest suites and rooftop outdoor spaces. Ideally located just steps from Square One Shopping Centre, with parks, recreation facilities, restaurants, transit and everyday conveniences all close by. Kariya Park, Celebration Square and the Mississauga Valley Community Centre are also within walking distance. A fantastic opportunity to enjoy bright corner-suite living in one of Mississauga's most convenient and amenity-rich locations.
Estimate your monthly payments for this property
Estimated Payment
$3,329.71/mo
Includes CMHC insurance ($18,107)
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 City Centre
City Centre 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 City Centre
- •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
City Centre 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 704, 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 $811/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 40 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. The $560/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 800 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.