Beautiful condo in the heart of Mississauga, renovated, huge bedroom, 2 washrooms, sun-filled wrap around corner unit. Freshly painted 5 piece ensuite with walk in closet. Grand kitchen/dining area and much more. Absolutely gorgeous!
1 bedroom, 1 bathroom, about 1,000 sq ft, works out to roughly $500 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 55 Elm Dr #1805
Every detail from the listing, in one place.
Type
Condo
Style
Multi-Level
Living space
1000-1199 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
Other
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
Other
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Multi-Level
Property class
Common Element Condo
55 Elm Dr #1805 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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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Mississauga
Other 1–2 bed homes for sale in Mississauga around $500K.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.7%On average, homes sold below asking.
Active listings2,948Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 2,130 sales from Jul 25 – Oct 23, 2026 (1,594 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
1 for sale at 55 Elm Dr — plus its sale and lease history.
55 Elm Dr #1805 is listed at $499,999 (MLS® W13099834). Summitly updates the price as soon as the MLS® record changes.
Is $499,999 a good price for 55 Elm Dr #1805?
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 55 Elm Dr #1805 changed?
Yes — it was first listed at $509,999 and is now $499,999, a drop of $10,000 (2.0%).
How many bedrooms and bathrooms does 55 Elm Dr #1805 have?
55 Elm Dr #1805 has 1 bedroom and 1 bathroom, with about 1,000–1,199 square feet of living space. It is a condo in Mississauga.
Is 55 Elm Dr #1805 close to transit?
The nearest rapid-transit station is Cooksville GO Station (Milton GO), about 1.1 km (about a 13-minute walk) in a straight line. Erindale GO Station is about 3.9 km, and Dixie GO Station is about 4.9 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 55 Elm Dr #1805?
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 55 Elm Dr #1805 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, $880,000, across 2,130 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 55 Elm Dr #1805 been sold before?
Summitly has no earlier MLS® sale or lease of 55 Elm Dr #1805 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 55 Elm Dr #1805?
55 Elm Dr #1805 is in Mississauga, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 55 Elm Dr #1805 been on the market?
170 days — 55 Elm Dr #1805 was listed on May 6, 2026.
What is the price per square foot of 55 Elm Dr #1805?
About $417 to $500 per square foot: the asking price of $499,999 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 55 Elm Dr #1805 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
