$449,000 - 55 Elm Drive Unit 604, Mississauga
Condo for Sale in Mississauga
Popular ListingNeighbourhood: City Centre
- MLS Number
- W13664898
- Property Type
- Condo
- Status
- active
- Days on Site
- 12
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Locker
- Exclusive
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- REALTY ONE GROUP FLAGSHIP
Location, Location, Location!Discover this spacious Tridel-built luxury condo in the vibrant heart of Mississauga City Centre. This bright, well maintained corner suite offers approximately 1,040 sq. ft. of functional living space, featuring 1 bedroom + an oversized solarium (can be converted to a second bedroom or home office) and 2 bathrooms. Enjoy a sun-filled open-concept layout with wall to wall windows, unobstructed west-facing views, and breathtaking sunsets. The large primary bedroom with his/her closets and a private 5 piece ensuite bathroom, Ideal for first time buyers, downsizers, and investors.Residents enjoy resort-style amenities: 24-hour gatehouse security, indoor rooftop pool, fitness centre, tennis court, party room, billiards room, media room, guest suites, visitor parking, with two underground parking sports and large locker, and beautifully landscaped grounds.Unbeatable location-steps from Square One, Celebration Square, Sheridan College, YMCA, Central Library, restaurants, parks, public transit, and the future Hurontario LRT. Minutes to Highways 403, 401 & QEW. Maintenance fees include all utilities.Exceptional value in one of Mississauga's most sought-after Tridel communities. A must see show with confidence!
Estimate your monthly payments for this property
Estimated Payment
$2,303.60/mo
Includes CMHC insurance ($12,527)
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 604, 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 $449/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.
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.