$375,000
501 - 55 Elm , Mississauga
2 BD 2 BA 1 Parking
Maint. Fee $772.93
MLS#: W13788628
37 days on market
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3401 Ridgeway Drive E 314, Mississauga, ON L5L 0B9
1Bedrooms
1Bathrooms
1Parking
Sold on Jul 28, 2025
6 Days on Market
Key Highlights
Property TypeResidential Condo & Other
Property Sub TypeCondo Apartment
CityMississauga
NeighbourhoodErin Mills
Days on Market6 Days
Sold DateJul 28, 2025
ExposureEast
LockerNone
BasementNone
Property Description
One year New 1-Bedroom + 4 pc Bath + 1 parking low rise Condo Near UTM & South Common Mall. This stunning 1-bedroom, 1-bathroomunit with a southwest-facing unobstructive view. This modern unit features: Full-sized kitchen with quartz countertops, stainless steel appliances, and a subway tile backsplash; Open-concept li...
Property Details
Construction MaterialsBrick, Other
Approximate Age0
MLS StatusSold
MLSW12300391
Sold DateJul 28, 2025
Annual Taxes$2,849
Maintenance Fees$168.69
Maintenance Fee IncludesBuilding Insurance Included, Parking Included
Building NameThe Way
Cross StreetsThe Collegeway and Ridgeway
Interior Features
HeatingForced Air (Gas)
CoolingCentral Air
Interior FeaturesNone
Exterior Features
Architectural StyleCondo Apartment
Garage TypeUnderground
Pets AllowedYes-with Restrictions
ElevatorYes
Exterior FeaturesBrick, Other
Virtual TourAvailable
Building & Property Amenities
building insurance included
parking included
Comprehensive Specifications
Approximate AgeNew
AreaPeel
Balcony TypeOpen
Bedrooms Above Grade1
Buyer Office NameROYAL LEPAGE CERTIFIED REALTY
Contract StatusUnavailable
DirectionsThe Collegeway & Ridgeway Dr.
Ensuite Laundry Y NYes
ExclusionsNone
Garage Y NYes
Geocode SourceMAPBOX
InclusionsExisting Stainless Steel Fridge, Stove, B/I dishwasher, Rang Hood and Microwave. Stacked full size washer and dryer. All Elf's and Existing Rolling Blinds.
Kitchens Above Grade1
Kitchens Total1
Legal Stories3
List A O RToronto Regional Real Estate Board
Living Area Range0-499
LockYes
Parking Level Unit1P1 - 66
Parking Type1Owned
Percent List Price94
Possession Date2025-08-01
Possession DetailsImmediately
Possession TypeImmediate
Property Management CompanyMelbourne Property Management 416-546-2126
Purchase Contract Date2025-07-28
Rental ItemsHot Water Tank Rental
Rooms Above Grade4
Sold Conditional Entry TimestampJul 29, 2025, 7:03 PM
Sold Entry TimestampAug 5, 2025, 1:22 PM
Square Foot SourceMPAC
Status Certificate Y NYes
Street SuffixDrive
Tax Year2024
Unit Number314
Washrooms Type11
Washrooms Type1 LevelFlat
Washrooms Type1 Pcs4
Map
Rooms
| Name | Size | Meter Features |
|---|---|---|
| Kitchen | 3.7 x 6.22 m | |
| Dining Room | 3.7 x 6.22 m | |
| Primary Bedroom | 2.41 x 3.38 m |
Mortgage Calculator & Financial Insights
Estimated Paymentmonthly
$2,702 / month
Req. Household Income
$95,799/yr
Est. Upfront Cash
$24,775
$22,000
5.0% ($22,000)50% ($220,000)
4.04%
Monthly Payment Breakdown
Principal & Interest
$2,296Property Taxes
$237Maintenance Fees
$169Req. Household Income (32% GDS):$95,799/yr
* Disclaimer: Estimated calculations for informational purposes only. Actual payments may vary based on lender approval, interest rates, taxes, insurance, and other applicable costs.
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