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$550,000

1 Elm Drive W 2505, Mississauga, ON L5B 4M1

2Bedrooms

2Bathrooms

1Parking

For Sale

73 Days on Market

Key Highlights

Property TypeResidential Condo & Other

Property Sub TypeCondo Apartment

CityMississauga

NeighbourhoodCity Centre

Days on Market73 Days

ExposureSouth West

LockerOwned

BasementNone

Property Description

Welcome To This Bright And Spacious 2 Bedroom Rare Corner With 2 Full Bathroom Suite Featuring 9-Ft Ceilings And Breathtaking Panoramic Views Of The CN Tower And Lake Ontario. Well Maintained Unit With Hardwood Flooring In The Living And Dining Areas, And A Double Walk Out To A Private Balcony. Ideally Located In The H...

Property Details

Construction MaterialsConcrete

Approximate Age0

MLS StatusNew

MLSW13440432

Annual Taxes$3,204.97

Maintenance Fees$596.75

Maintenance Fee IncludesHeat Included, Building Insurance Included, Water Included

Building NameNo. 1 City Centre

Cross StreetsHurontario St/Burnhamthorpe Rd

Interior Features

HeatingForced Air (Gas)

CoolingCentral Air

Interior FeaturesNone

Exterior Features

Architectural StyleCondo Apartment

Garage TypeUnderground

Pets AllowedYes-with Restrictions

Exterior FeaturesConcrete

Building & Property Amenities

gym

guest suites

indoor pool

party room/meeting room

sauna

visitor parking

heat included

building insurance included

water included

Comprehensive Specifications

AreaPeel

Assessment Year2025

Balcony TypeOpen

Bedrooms Above Grade2

Contract StatusAvailable

DirectionsHurontario St/Burnhamthorpe Rd

Ensuite Laundry Y NYes

ExclusionsChest Freezer

Garage Y NYes

Geocode SourceMAPBOX

InclusionsStove, Fridge, Built-In Dishwasher, Built-In Microwave, Washer and Dryer, Window Coverings.

Kitchens Above Grade1

Kitchens Total1

Legal Stories25

List A O RToronto Regional Real Estate Board

Living Area Range800-899

Lot Size SourceMPAC

Parking Level Unit1Level B

Parking Spot118

Parking Type1Owned

Possession Date2026-07-01

Possession Details30

Possession TypeFlexible

Property Management CompanyFirst Service Residential Ontario

Rooms Above Grade5

Showing AppointmentsBrokerBay - Please knock as owners will be home

Square Foot SourceMPAC

Status Certificate Y NYes

Street SuffixDrive

Tax Year2025

Unit Number2505

Washrooms Type11

Washrooms Type1 LevelFlat

Washrooms Type1 Pcs3

Washrooms Type21

Washrooms Type2 LevelFlat

Washrooms Type2 Pcs4

Map

Rooms

Name	Size	Meter Features
Primary Bedroom	3.12 x 3.94 m
Dining Room	2.95 x 3.66 m
Living Room	2.95 x 3.66 m

Mortgage Calculator & Financial Insights

Estimated Paymentmonthly

$3,720 / month

Req. Household Income

$124,258/yr

Est. Upfront Cash

$34,975

Down Payment (5.5%)$30,000

5.5% ($30,000)50% ($275,000)

Interest Rate4.04%

Amortization Period

Monthly Payment Breakdown

Principal & Interest

$2,856

Property Taxes

$267

Maintenance Fees

$597

Req. Household Income (32% GDS):$124,258/yr

* Disclaimer: Estimated calculations for informational purposes only. Actual payments may vary based on lender approval, interest rates, taxes, insurance, and other applicable costs.