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55 Elm Drive W 2302, Mississauga, ON L5B 3Z3 - View 1
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$450,000

Listed at: $459,900
Off-Market

55 Elm Drive W 2302, Mississauga, ON L5B 3Z3

1Bedrooms
2Bathrooms
1Parking
Sold on Aug 25, 2024
7 Days on Market

Key Highlights

Property TypeResidential Condo & Other
Property Sub TypeCondo Apartment
CityMississauga
NeighbourhoodCity Centre
Days on Market7 Days
Sold DateAug 25, 2024
ExposureWest
LockerNone
BasementNone

Property Description

Welcome to 'Towne II' a Well-Managed Tridel-Built Condo at Square One Opposite the Kariya Park(Landscaped Japanese Garden), Steps Away from Square One, Future LRT and Highway 403 and QEW. Spacious 1-Bedroom, Open Concept Living / Dining Rooms at 815 Square Feet with Unbeatable Panoramic Sunny West View of the City thro...

Property Details

Construction MaterialsConcrete
Approximate Age0
MLS StatusSold
MLSW9259735
Sold DateAug 25, 2024
Annual Taxes$2,290.8
Maintenance Fees$666.44
Maintenance Fee IncludesHeat Included, Hydro Included, Water Included, Cable TV Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Cross StreetsBurnhamthorpe/Hurontario

Interior Features

HeatingForced Air (Gas)
CoolingCentral Air
LaundryMain Level
Interior FeaturesNone

Exterior Features

Architectural StyleCondo Apartment
Garage TypeUnderground
Pets AllowedYes-with Restrictions
ElevatorYes
Exterior FeaturesConcrete

Building & Property Amenities

exercise room
indoor pool
sauna
squash/racquet court
visitor parking
heat included
hydro included
water included
cable tv included
cac included
common elements included
building insurance included
parking included

Comprehensive Specifications

Approximate Age31-50
AreaPeel
Assessment Year2024
Balcony TypeNone
Bedrooms Above Grade1
Buyer Office NameHOMELIFE/RESPONSE REALTY INC.
Contract StatusUnavailable
Geocode SourceMAPBOX
InclusionsExisting Appliances: S/S Fridge, Stove, B/I Dishwasher, Washer & Dryer, All ELFs & Window Coverings (As-Is).
Kitchens Above Grade1
Kitchens Total1
Legal Stories22
List A O RToronto Regional Real Estate Board
Living Area Range800-899
LockYes
Parking Level Unit1A31
Parking Type1Owned
Percent List Price98
Possession Date2024-08-01
Possession DetailsFlexible
Property Management CompanyDel Property Management
Purchase Contract Date2024-08-25
Rooms Above Grade4
Sold Conditional Entry TimestampAug 30, 2024, 7:15 PM
Sold Entry TimestampAug 31, 2024, 1:02 PM
Square Foot Source815 Public Records
Street SuffixDrive
Tax Assessed Value242000
Tax Year2024
U F F INo
Unit Number2302
Washrooms Type11
Washrooms Type1 LevelFlat
Washrooms Type1 Pcs2
Washrooms Type21
Washrooms Type2 LevelFlat
Washrooms Type2 Pcs4

Map

Rooms

NameSize
Meter
Features
Living Room4.88 x 5.56 m
Primary Bedroom3.05 x 4.88 m
Kitchen2.39 x 2.84 m

Mortgage Calculator & Financial Insights

Estimated Paymentmonthly
$3,206 / month
Req. Household Income
$103,978/yr
Est. Upfront Cash
$25,475
$22,500
5.0% ($22,500)50% ($225,000)
4.04%

Monthly Payment Breakdown

Principal & Interest
$2,348
Property Taxes
$191
Maintenance Fees
$666
Req. Household Income (32% GDS):$103,978/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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