Condo for sale at 501-55 Elm Drive, Mississauga, Ontario, L5B 3Z3 - City Centre - MLS: W13788628

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501-55 Elm Drive

Mississauga, Ontario, L5B 3Z3 - City Centre

$399,000

Neighbourhood

City Centre
Major Intersection

Hurontario St / Elm Dr

Listed Since: 1 day(s)
Last update: today

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1 + 1
Bathrooms

2
Square Feet

800-899
Exposure

West
Total Parking

1 Underground Garage
Maintenance

$729
Taxes

$2,460.00 (2026)
Balcony

None

Property Description

Property description for 501-55 Elm Drive, Mississauga

**Welcome to an exceptional opportunity to experience refined condominium living in a prime and highly connected location.** Nestled on a quiet, desirable street just minutes from Square One, major highways including the 403 & 407, and with convenient access to downtown. This beautifully appointed 1+1 residence offers an impressive blend of sophistication, comfort, and lifestyle. A standout feature of this property is its spectacular setting overlooking the trees & tennis courts, a beautiful backdrop to everyday living. Thoughtfully updated and move-in ready, the suite features laminate flooring & tile throughout. Brand new stainless steel stove and new washer/dryer being installed in September. Beyond the residence, an exceptional collection of resort-inspired amenities elevates the lifestyle, including tennis courts, indoor pool and hot tub, sauna, fully equipped gym, party room, TV room, board room, library, squash court, basketball court, and table tennis facilities. Surrounded by an abundance of parks, schools, shopping, dining, and essential conveniences, this residence offers the perfect balance of tranquility and urban accessibility. Whether you are looking for your new home or an outstanding investment opportunity, this is a property that deserves to be seen. Discover the space, views, amenities, and lifestyle for yourself-your next chapter begins here.

Listed by RE/MAX HALLMARK REALTY LTD.

Property details

MLS #

W13788628
Sq. Ft

800-899
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

Y
Laundry Level

Main
Building Amenities

n/a
Maintenance Fee Includes

Cable, Heat, Hydro, Parking, Water
Property Management

Del Property Management
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

W13788628
Sq. Ft

800-899
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

Y
Laundry Level

Main
Building Amenities

n/a
Maintenance Fee Includes

Cable, Heat, Hydro, Parking, Water
Property Management

Del Property Management
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

5.83 x 3.17 ft Flat level

Picture Window, Laminate, Open Concept
Dining

2.99 x 2.77 ft Flat level

Picture Window, Laminate, Open Concept
Kitchen

3.81 x 2.84 ft Flat level

Eat-In Kitchen, Tile Floor
Breakfast

3.81 x 2.84 ft Flat level

Combined W/Kitchen, Tile Floor, Open Concept
Primary

3.81 x 3.34 ft Flat level

4 Pc Ensuite, Laminate, Closet
Solarium

3.42 x 2.13 ft Flat level

Separate Rm, Laminate, Picture Window

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 501-55 Elm Drive, Mississauga

This property has been sold 5 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Condo Apt in City Centre

Active listings

317

Average Selling Price of a Condo Apt

August 2026

$478,140

Last 3 Months

$487,777

Last 12 Months

$498,483

August 2025

$517,949

Last 3 Months LY

$523,605

Last 12 Months LY

$552,411

Change

-8%

Change

-7%

Change

-10%

Historical Average Selling Price of a Condo Apt in City Centre

Average Selling Price

3 years ago

$630,659

Average Selling Price

5 years ago

$572,205

Average Selling Price

10 years ago

$321,194

Change

-24%

Change

-16%

Change

49%

Number of Condo Apt Sold

August 2026

Last 3 Months

Last 12 Months

August 2025

Last 3 Months LY

Last 12 Months LY

Change

-12%

Change

-22%

Change

-4%

How many days Condo Apt takes to sell (DOM)

August 2026

Last 3 Months

Last 12 Months

August 2025

Last 3 Months LY

Last 12 Months LY

Change

26%

Change

21%

Change

11%

Average Selling price

Inventory Graph

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Closing Cost Calculator

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.