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$591,000

Listed at: $599,900

Off-Market

55 Elm Drive W 1609, Mississauga, ON L5B 3Z3

2Bedrooms

2Bathrooms

2Parking

Sold on Oct 3, 2024

35 Days on Market

Key Highlights

Property TypeResidential Condo & Other

Property Sub TypeCondo Apartment

CityMississauga

NeighbourhoodCity Centre

Days on Market35 Days

Sold DateOct 3, 2024

ExposureEast

LockerNone

BasementNone

Property Description

Introducing unit 1609 at 55 Elm Dr West in the heart of Mississauga City Centre. This spacious 2-bedroom, 2-bathroom condo is located in a gated condo community and offers 1100sq.ft of total finished living space and boasts stunning, expansive east-facing views of the city. The location offers unparalleled convenience,...

Property Details

Construction MaterialsOther

Approximate Age0

MLS StatusSold

MLSW9283991

Sold DateOct 3, 2024

Annual Taxes$2,450.68

Maintenance Fees$867.15

Maintenance Fee IncludesHeat Included, Hydro Included, Water Included, Cable TV Included, CAC Included, Common Elements Included, Parking Included

Building NameTowne II

Cross StreetsHurontario St & Elm Dr W

Interior Features

HeatingForced Air (Gas)

CoolingCentral Air

Interior FeaturesNone

Exterior Features

Architectural StyleCondo Apartment

Garage TypeUnderground

Pets AllowedYes-with Restrictions

ElevatorYes

Exterior FeaturesOther

Building & Property Amenities

heat included

hydro included

water included

cable tv included

cac included

common elements included

parking included

Comprehensive Specifications

Approximate Age31-50

AreaPeel

Balcony TypeNone

Bedrooms Above Grade2

Buyer Office NameRE/MAX REALTY ENTERPRISES INC.

Contract StatusUnavailable

ExclusionsCurtains, all furniture including shoe rack, ensuite washroom cabinet (white), kitchen buffet unit.

InclusionsWasher & Dryer, Refrigerator, Stove, Dishwasher, Range Hood, all existing light fixtures.

Kitchens Above Grade1

Kitchens Total1

Legal Stories15

List A O RToronto Regional Real Estate Board

Living Area Range1000-1199

LockYes

Parking Level Unit1B2

Parking Level Unit2B2

Parking Spot1149

Parking Spot2150

Parking Type1Owned

Parking Type2Owned

Percent List Price99

Possession Details60+ Days

Property Management CompanyDel Property Management

Purchase Contract Date2024-10-03

Rooms Above Grade6

Sold Conditional Entry TimestampSep 28, 2024, 8:37 PM

Sold Entry TimestampOct 8, 2024, 4:18 PM

Square Foot SourceAs per builder's plans

Street SuffixDrive

Tax Year2023

Unit Number1609

Washrooms Type12

Washrooms Type1 LevelMain

Washrooms Type1 Pcs3

ZoningRM7D5

Map

Rooms

Name	Size	Meter Features
Kitchen	3.2 x 2.85 m
Foyer	0.91 x 2.44 m
Bedroom 2	2.74 x 3.2 m

Mortgage Calculator & Financial Insights

Estimated Paymentmonthly

$4,131 / month

Req. Household Income

$134,067/yr

Est. Upfront Cash

$39,895

Down Payment (5.8%)$34,100

5.8% ($34,100)50% ($295,500)

Interest Rate4.04%

Amortization Period

Monthly Payment Breakdown

Principal & Interest

$3,059

Property Taxes

$204

Maintenance Fees

$867

Req. Household Income (32% GDS):$134,067/yr

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