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$449K · 1+1 bed Condo Apartment · Unit 604, 55 Elm Drive, Mississauga, Ontario L5B 3Z3 | HomeSearchCanada

$449,000

Unit 604

24 DOM

1+1224d

Map

DOM 24

$449,000

DOM24days

Unit 604

55 Elm Drive · Mississauga · Ontario L5B 3Z3

MLS® W13664898 · City Centre · L5B 3Z3

1+12TenantOccupied1000-1199 ft²Condo Apartment2-car UndergroundNo basement24d$408/ft²$2,895 tax/yrBuilt 200323 yrs oldNo basement

24 days on market

About this home

Location, Location, Location!Discover this spacious Tridel-built luxury condo in the vibrant heart of Mississauga City Centre. This bright, well maintained corner suite offers approximately 1,040 sq. ft. of functional living space, featuring 1 bedroom + an oversized solarium (can be converted to a second bedroom or home office) and 2 bathrooms. Enjoy a sun-filled open-concept layout with wall to wall windows, unobstructed west-facing views, and breathtaking sunsets. The large primary bedroom wit…

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Property details

MLS#: W13664898
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1+1
Baths: 2 full, 0 half
Rooms: 5
Kitchens: 1
Size: 1000-1199Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: 2003

Occupancy: Tenant Occupied
Washrooms: 2 pc · Flat; 4 pc
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Zoning: Residential

Property features: Hospital, Library, Park, Public Transit, School

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

Garage: 2-car Underground
Garage spaces: 2
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Hurontario St & Elm Dr
Stories: 6
Utilities: —
Laundry: In-Suite Laundry
Laundry level: Main Level
Interior: Carpet Free
Parking features: Underground

Additional listing data

ListAOR: Toronto Regional Real Estate Board

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: REALTY ONE GROUP FLAGSHIP

Source: TRREB/PROPTX · MLS® W13664898

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$449K

Unit 604 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $449,000✓ $2,895 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,632/mo

incl. closing costs (yr 1)

Annual total

$55,580

year 1

Mortgage only

$1,703/mo

principal + interest

Beyond mortgage

$2,015/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$89,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$241/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

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%$4,490/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)$81/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$5,455

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)37% $20,440/yr

Property taxes15% $8,350/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance8% $4,490/yr

Condo fees21% $11,640/yr

Closing costs9% $5,100/yr

Mortgage is 37% of your true cost of ownership. The other 63% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$20,440	$1,703/mo
Government & taxes
Property tax	$2,895	$241/mo
Land transfer tax(closing)	$5,455	$455/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,490	$374/mo
Condo fees
Condo / HOA fees	$11,640	$970/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	$55,580	$4,632/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 604

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs