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$420K · 1+1 bed Condo Apartment · Unit 1908, 55 Elm Drive, Mississauga, Ontario L5B 3Z3 | HomeSearchCanada

$419,888

Unit 1908

64 DOM

1+1264d

Map

DOM 64

$419,888

DOM64days

Unit 1908

55 Elm Drive · Mississauga · Ontario L5B 3Z3

MLS® W13151134 · City Centre · L5B 3Z3

1+12Vacant800-899 ft²Condo Apartment1-car UndergroundNo basement64d$494/ft²$2,543 tax/yrNo basement

64 days on market

About this home

Look No Further, This Tridel Built Condo Offers An Excellent Value In A Convenient City Centre Location. Enjoy unobstructed views of the Marlin Monro Towers and large windows that flood the unit with natural light. A spacious 863 sf . With a spacy Solarium Which Can Be Used As Den/office. Clean & Well-Maintained Unit, Walking Distance To Square One Mall, Shopping Centre, 2 minutes from Highway 403, Go Transit Public Transit . Amazing Rooftop Amenities Include: Indoor Pool, Exercise Room, Party…

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Property details

MLS#: W13151134
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1+1
Baths: 2 full, 0 half
Rooms: 5
Kitchens: 1
Size: 800-899Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Vacant
Washrooms: 4 pc; 2 pc
Family room: No
Central vacuum: No
Ensuite laundry: No

View: City

Condo corp #: 386
Balcony: None
Locker: Owned
Association amenities: Elevator, Exercise Room, Game Room, Gym, Indoor Pool, Rooftop Deck/Garden
Fees include: Heat Included, Common Elements Included, Hydro Included, Building Insurance Included, Water Included, Parking Included, Cable TV Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Electric
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Hurontario & Elm Drive
Stories: 18
Utilities: —
Laundry: Ensuite
Interior: Auto Garage Door Remote
Parking features: Underground

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: REMAX CONNECT REALTY

Source: TRREB/PROPTX · MLS® W13151134

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$420K

Unit 1908 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $419,888✓ $2,543 tax✓ Electric✓ 800-899 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,067/mo

incl. closing costs (yr 1)

Annual total

$48,799

year 1

Mortgage only

$1,593/mo

principal + interest

Beyond mortgage

$1,609/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$83,978

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$212/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~850 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,199/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$62/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$4,873

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)39% $19,115/yr

Property taxes15% $7,416/yr

Utilities5% $2,460/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,199/yr

Condo fees18% $8,909/yr

Closing costs10% $5,100/yr

Mortgage is 39% of your true cost of ownership. The other 61% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$19,115	$1,593/mo
Government & taxes
Property tax	$2,543	$212/mo
Land transfer tax(closing)	$4,873	$406/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,199	$350/mo
Condo fees
Condo / HOA fees	$8,909	$742/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$48,799	$4,067/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 1908

About this home

MyStreetValue™ Analysis

Property details

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs