Condo for sale at 511-55 Elm Drive, Mississauga, Ontario, L5B 3Z3 - City Centre - MLS: W12668816

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511-55 Elm Drive

Mississauga, Ontario, L5B 3Z3 - City Centre

$499,900

Neighbourhood

City Centre
Major Intersection

Hurontario St & Burnhamthorpe Rd W

Listed Since: 23 day(s)
Last update: today

Overview

Property Type

Condo Apt, Apartment
Bedrooms

2 + 1
Bathrooms

2
Square Feet

1200-1399
Exposure

South
Total Parking

2 Underground Garage
Maintenance

$1,018
Taxes

$3,038.75 (2025)
Balcony

None

Property Description

Property description for 511-55 Elm Drive, Mississauga

Photos shown are of an identical floor plan and accurately reflect the same unit size as advertised. This bright and spacious condo offers more space than most newly built units. Excellent opportunity for investors. Currently tenanted - perfect for those looking to buy low and enjoy steady rental income from day one, these prices won't last. Ideal layout for families or couples seeking privacy, with two generously sized bedrooms located on opposite sides of the suite. The sun-filled den provides the perfect space for a home office or an additional sitting area. Prime location within walking distance to Square One, schools, parks, and transit. With top-notch building amenities including an indoor pool, sauna, fitness room, and 24-hour security.

Listed by Royal Lepage Real Estate Associates

Property details

MLS #

W12668816
Sq. Ft

1200-1399
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 2 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

Y
Laundry Level

Main
Building Amenities

Party/Meeting Room,Tennis Court,Indoor Pool,Gym,Squash/Racquet Court,Visitor Parking
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 #

W12668816
Sq. Ft

1200-1399
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 2 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

Y
Laundry Level

Main
Building Amenities

Party/Meeting Room,Tennis Court,Indoor Pool,Gym,Squash/Racquet Court,Visitor Parking
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

4.5 x 4.3 ft Main level

Laminate, Large Window, Wood Trim
Dining

3.1 x 4.3 ft Main level

Laminate, Large Window, Wood Trim
Kitchen

4.5 x 2.5 ft Main level

Tile Floor, Large Window, Stainless Steel Sink
Primary

4.3 x 4.0 ft Main level

Laminate, W/I Closet, Wood Trim
2nd Br

4.0 x 3.5 ft Main level

Laminate, Closet, Wood Trim
Solarium

3.1 x 2.2 ft Main level

Laminate, Large Window, Wood Trim

Contact Manoj Kukreja

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

Property History

Property history for 511-55 Elm Drive, Mississauga

This property has been sold 8 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

265

Average Selling Price of a Condo Apt

December 2025

$469,903

Last 3 Months

$502,733

Last 12 Months

$530,785

December 2024

$557,222

Last 3 Months LY

$579,824

Last 12 Months LY

$598,215

Change

-16%

Change

-13%

Change

-11%

Historical Average Selling Price of a Condo Apt in City Centre

Average Selling Price

3 years ago

$617,697

Average Selling Price

5 years ago

$515,376

Average Selling Price

10 years ago

$297,437

Change

-24%

Change

-9%

Change

58%

How many days Condo Apt takes to sell (DOM)

December 2025

Last 3 Months

Last 12 Months

December 2024

Last 3 Months LY

Last 12 Months LY

Change

38%

Change

17%

Change

19%

Average Selling price

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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.