$395,000 - 55 Elm Drive Unit 1801, Mississauga
Condo for Sale in Mississauga
Popular ListingNeighbourhood: City Centre
- MLS Number
- W13670128
- Property Type
- Condo
- Status
- active
- Days on Site
- 11
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- South West
- Balcony
- None
- Listing Brokerage
- RE/MAX WEST REALTY INC.
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!
Estimate your monthly payments for this property
Estimated Payment
$2,026.55/mo
Includes CMHC insurance ($11,021)
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.
55 Elm Drive Unit 1801, 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
Competitive Pricing
At $494/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
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 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.
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.
About City Centre
I know City Centre well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.