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55 Elm Drive W 1613, Mississauga, ON L5B 3Z3 - View 1

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$554,000

Listed at: $559,800

Off-Market

55 Elm Drive W 1613, Mississauga, ON L5B 3Z3

3Bedrooms

2Bathrooms

1Parking

Sold on May 10, 2025

16 Days on Market

Key Highlights

Property TypeResidential Condo & Other

Property Sub TypeCondo Apartment

CityMississauga

NeighbourhoodCity Centre

Days on Market16 Days

Sold DateMay 10, 2025

ExposureSouth West

LockerOwned

BasementNone

Property Description

Welcome to this bright and beautifully laid out 2-bedroom, 2-bathroom condo offering 1,157 sq.ft. in a secure, gated community. Perfectly positioned with sunny southwest exposure, this unit showcases sweeping city and lake views through expansive windows that flood the space with natural light. The thoughtfully designe...

Property Details

Construction MaterialsConcrete

Approximate Age0

MLS StatusSold

MLSW12102110

Sold DateMay 10, 2025

Annual Taxes$2,764

Maintenance Fees$910.72

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

Cross StreetsHurontario / Burnhamthorpe

Interior Features

HeatingForced Air (Gas)

CoolingCentral Air

LaundryMain Level

Interior FeaturesNone

Exterior Features

Architectural StyleCondo Apartment

Garage TypeUnderground

Pets AllowedYes-with Restrictions

Exterior FeaturesConcrete

Building & Property Amenities

gym

indoor pool

party room/meeting room

rooftop deck/garden

visitor parking

heat included

hydro included

parking included

water included

cac included

cable tv included

common elements included

building insurance included

Comprehensive Specifications

AreaPeel

Balcony TypeNone

Bedrooms Above Grade2

Bedrooms Below Grade1

Buyer Office NameHOMELIFE FRONTIER REALTY INC.

Contract StatusUnavailable

DirectionsHurontario / Elm

Exclusions** Photos have been virtually staged **

Garage Y NYes

Inclusions* Premium Parking Location Beside Elevators * Bell Fiber Internet Available * All utilities, including cable, included * 1 parking spot and 1extra large locker, ensuite laundry, Whirlpool glass top stove, LG built-in microwave, Whirlpool fridge, Bosch dishwasher, front load washer & dryer

Kitchens Above Grade1

Kitchens Total1

Legal Stories15

List A O RToronto Regional Real Estate Board

Living Area Range1000-1199

LockYes

Locker LevelB

Locker Unit291

Lot Size SourceMPAC

Parking Level Unit1A / 193

Parking Type1Owned

Percent List Price99

Possession DetailsImmediate

Possession TypeImmediate

Property Management CompanyDel Property Management Inc. 905-277-0121

Purchase Contract Date2025-05-10

Rooms Above Grade6

Showing Appointments905-272-3434

Sold Conditional Entry TimestampMay 2, 2025, 10:24 PM

Sold Entry TimestampMay 14, 2025, 2:21 PM

Square Foot Source1157 SqFt As Per Floor Plan

Street SuffixDrive

Tax Year2024

Unit Number1613

Washrooms Type12

Washrooms Type1 LevelMain

Washrooms Type1 Pcs4

Map

Rooms

Name	Size	Meter Features
Primary Bedroom	3.22 x 4.27 m
Bedroom 2	2.76 x 3.63 m
Dining Room	3.06 x 3.67 m

Mortgage Calculator & Financial Insights

Estimated Paymentmonthly

$4,017 / month

Req. Household Income

$128,698/yr

Est. Upfront Cash

$35,455

Down Payment (5.5%)$30,400

5.5% ($30,400)50% ($277,000)

Interest Rate4.04%

Amortization Period

Monthly Payment Breakdown

Principal & Interest

$2,876

Property Taxes

$230

Maintenance Fees

$911

Req. Household Income (32% GDS):$128,698/yr

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