50 Elm Dr E #1507 is a 3-bedroom, 1-bathroom condo in Mississauga, listed for $499,999. It has 1200-1399 sq ft of living space.
1Rarely does a 3-bedroom apartment offer this combination of space, views, and location!
2Easy access to major highways makes commuting throughout Mississauga and the GTA convenient.A fantastic opportunity for spacious, move-in-ready living in a highly convenient Mississauga location!
Rarely does a 3-bedroom apartment offer this combination of space, views, and location! Bright, beautifully maintained, and move-in ready, this home is ideally located just steps from downtown Mississauga and features 3 bedrooms, 2 bathrooms, 2 underground parking spaces, and stunning, unobstructed city views from the private balcony.Enjoy new flooring, newer appliances including a brand-new 2026 refrigerator, ensuite laundry, a large pantry, and fresh paint throughout. The all-inclusive maintenance fee, 2 underground parking spaces, and locker add even more value and convenience.Minutes from Square One Shopping Centre, grocery stores, restaurants, parks, community centres, the Living Arts Centre, public transit, schools, and hospitals, with the upcoming Hurontario LRT adding further connectivity. Easy access to major highways makes commuting throughout Mississauga and the GTA convenient.A fantastic opportunity for spacious, move-in-ready living in a highly convenient Mississauga location!
3 bedrooms, 1 bathroom, about 1,200 sq ft, works out to roughly $417 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 50 Elm Dr E #1507
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1200-1399 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
50 Elm Dr E #1507 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,456
/mo
based on the purchase price of $499,999
$100,000 cash
$399,999 financed
$336,904 total interest
Principal54%$399,999
Interest46%$336,904
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Mississauga
Other 2–3 bed homes for sale in Mississauga around $500K.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio97.5%On average, homes sold below asking.
Active listings2,816Homes for sale here right now.
Median vs prior 90 days−0.2%Compared with May 10 – Aug 8, 2026: prices down.
Based on 2,114 sales from Aug 8 – Nov 6, 2026 (1,648 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
5 for sale · 2 for rent at 50 Elm Dr E — plus its sale and lease history.
50 Elm Dr E #1507 is listed at $499,999 (MLS® W13797338). Summitly updates the price as soon as the MLS® record changes.
Is $499,999 a good price for 50 Elm Dr E #1507?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Mississauga. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 50 Elm Dr E #1507 changed?
Yes — it was first listed at $569,900 and is now $499,999, a drop of $69,901 (12.3%).
How many bedrooms and bathrooms does 50 Elm Dr E #1507 have?
50 Elm Dr E #1507 has 3 bedrooms and 1 bathroom, with about 1,200–1,399 square feet of living space. It is a condo in Mississauga.
Is 50 Elm Dr E #1507 close to transit?
The nearest rapid-transit station is Cooksville GO Station (Milton GO), about 920 m (about a 12-minute walk) in a straight line. Erindale GO Station is about 4.1 km, and Dixie GO Station is about 4.5 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 50 Elm Dr E #1507?
About $2,456 a month — principal and interest on $499,999 with 20% down ($100,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 50 Elm Dr E #1507 compare with other homes in Mississauga?
Its asking price of $499,999 is about 43% below the median sold price in Mississauga over the last 90 days, $876,000, across 2,114 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 50 Elm Dr E #1507 been sold before?
Summitly has no earlier MLS® sale or lease of 50 Elm Dr E #1507 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 50 Elm Dr E #1507?
50 Elm Dr E #1507 is in Mississauga, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 50 Elm Dr E #1507 been on the market?
50 days — 50 Elm Dr E #1507 was listed on September 17, 2026.
What is the price per square foot of 50 Elm Dr E #1507?
About $357 to $417 per square foot: the asking price of $499,999 over the 1,200–1,399 sq ft the listing gives as its size range.
Does 50 Elm Dr E #1507 have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
