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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 23 daysPrice drop · $35,100 off (-8.1%)

    Unit 501 — 55 Elm Drive W

    City Centre·Mississauga, ON·L5B 3Z3·Near Hurontario St / Elm Dr

    • 1 bed
    Mississauga real estate›W13168196
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Freshly painted, currently vacant. Welcome to this attractive 1-bedroom plus den condo in a highly sought-after location, offering abundant natural light and functional living space. Conveniently located near Square One, Celebration Square, the Mississauga Central Library, Living Arts Centre, public transit, and major highways. This unit features a spacious bedroom with En-suite bath, a separate solarium ideal for a home office or additional living space, and an eat-in kitchen with a dedicated dining area. A 2-piece powder room provides added convenience for guests. Enjoy west-facing exposure with views overlooking the tennis courts, providing plenty of afternoon sunlight. Building amenities include 24-hour security, indoor pool, billiards room, and rooftop terrace. Tenant vacating April,30.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • Welcome to this attractive 1-bedroom plus den condo in a highly sought-after location, offering abundant natural light and functional living space.
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 16, 2026Price reducedCurrentReduced$399,900−$35,100 (8.1%)W13168196This page
    May 25, 2026ListedCurrentFor sale$435,000 —W13168196This page
    Mar 18, 2026Previously listedTer$409,000 —W12896878View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Forced Air
      Air conditioning
      Central Air
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 501 — 55 Elm Drive W
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $1,965
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $94
    0.28% mill rate · ON
    The market

    How this home sits in the Mississauga market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Mississauga market right now

    Average sold price, days on market, and closed-transaction count for Mississauga — sourced from MLS®.

    • Avg sold price
      —
      Last 30 days
    • Median sold price
      —
      Middle of the market
    • Days on market
      —
      Avg from list to close
    • Closed last 30d
      —
      MLS® transactions
    Full Mississauga market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 501 — 55 Elm Drive W — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 501 — 55 Elm Drive W and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 501 — 55 Elm Drive W listed for?

      Unit 501 — 55 Elm Drive W is listed at $399,900 on the MLS® (listing W13168196). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 501 — 55 Elm Drive W have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 2 baths
  2. 800-899 sqft
  3. Condo Apartment
  4. Built 31-50
  5. Asking
    $399,900
    $0 / sqft · MLS® W13168196
    Chat Zara
  6. Zara AI Estimate
    Live valuation

    Not enough neighbourhood comparable data yet to estimate this listing. Chat with Zara for a private valuation.

    Ask Zara
    Market analytics

    Live market data for Mississauga.

    Avg sold price
    —
    Median sold
    —
    Avg days on market
    —
    Recently sold
    —
    See comparable sales
  7. This unit features a spacious bedroom with En-suite bath, a separate solarium ideal for a home office or additional living space, and an eat-in kitchen with a dedicated dining area.
  8. Enjoy west-facing exposure with views overlooking the tennis courts, providing plenty of afternoon sunlight.
  9. Building amenities include 24-hour security, indoor pool, billiards room, and rooftop terrace.
  10. Ask Zara a follow-up

    Parking & garage

    4
    Garage
    Underground
    Garage spaces
    1
    Parking spaces
    1
    Driveway
    1
  11. Interior

    6
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    5
    Laundry level
    Main Level
    Elevator
    Y
  12. Exterior & construction

    3
    Exterior
    Brick
    Patio
    None
    Balcony
    None
  13. Lot & land

    1
    Year built
    31-50
  14. Listing & possession

    3
    Occupancy
    Immediate
    Property style
    Apartment
    Property class
    Condo Apartment
  15. Room-by-room · 5 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Flat level

    5 rooms
    • Solarium
      separate room · laminate
      11.2 × 7.0 ft
    • Living Room
      combined w/dining · laminate
      19.1 × 10.4 ft
    • Dining Room
      combined w/living · laminate
      9.8 × 9.1 ft
    • Kitchen
      eat-in kitchen · tile floor
      12.5 × 9.3 ft
    • Primary Bedroom
      4 pc ensuite · laminate
      12.5 × 11.0 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $729
    per month
    Maintenance fee includes
    • Heat
    • Hydro
    • Water
    • Cable
    • Parking
    Building details
    • Unit01
    • Storeys (building)5
    • ExposureWest
    • LockerNone
    • Parking typeUnderground
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpPSCC
    • Corp #386
    • Property managerDel Property Management
    Combined estimate
    $2,059
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $1,965
    /mo
    based on the purchase price of $399,900
    $79,980 cash
    $319,920 financed
    $269,457 total interest
    Monthly payment$1,965/ month
    Principal54%$319,920
    Interest46%$269,457

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo apartments that just sold in Mississauga

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 33 Elm Drive
      Sold
      Sign in for price
      33 Elm Drive
      Condo Apartment
    • 1700 The Collegeway
      Sold
      Sign in for price
      1700 The Collegeway
      Condo Apartment
    • 1360 Rathburn Road
      Sold
      Sign in for price
      1360 Rathburn Road
      Condo Apartment
    • 3883 Quartz Road
      Sold
      Sign in for price
      3883 Quartz Road
      Condo Apartment
    • 2556 Argyle Road
      Sold
      Sign in for price
      2556 Argyle Road
      Condo Apartment
    • 75 King Street
      Sold
      Sign in for price
      75 King Street
      Condo Apartment
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 501 — 55 Elm Drive WThis home1 / 2800,899$399,900ask———
    33 Elm Drive1 / 1500—
    1700 The Collegeway1 / 1800—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo apartments in Mississauga

    Active listings within ±20% of this asking price.

    • 4085 Parkside Village Drive
      $449,900
      4085 Parkside Village Drive
      Condo Apartment 1 1
    • 3700 Kaneff Crescent
      $399,000
      3700 Kaneff Crescent
      Condo Apartment 2 2
    • 360 Square One Drive
      $370,000
      360 Square One Drive
      Condo Apartment 1 1
    • 223 Webb Drive
      $462,000
      223 Webb Drive
      Condo Apartment 2 1
    • 90 Absolute Avenue
      $389,900
      90 Absolute Avenue
      Condo Apartment 1 1
    • 1300 Mississauga Valley Boulevard
      $465,000
      1300 Mississauga Valley Boulevard
      Condo Apartment 2 2
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  16. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  17. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  18. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  19. Public listing courtesy of Royal Lepage Real Estate Associates · displayed on Summitly per MLS® data-share rules

    Unit 501 — 55 Elm Drive W is a 1-bedroom, 2-bath, 800-899 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  20. When was Unit 501 — 55 Elm Drive W built?

    Unit 501 — 55 Elm Drive W was built in 31-50. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  21. What is the property tax for Unit 501 — 55 Elm Drive W?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 501 — 55 Elm Drive W plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  22. How much would the monthly mortgage be on Unit 501 — 55 Elm Drive W?

    The affordability calculator on this page shows an estimated monthly mortgage for $399,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  23. Has Unit 501 — 55 Elm Drive W been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 501 — 55 Elm Drive W with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  24. What neighbourhood is Unit 501 — 55 Elm Drive W in?

    Unit 501 — 55 Elm Drive W is in City Centre, Mississauga. The 'Neighbourhood' section below links to the live Mississauga real estate hub with average sold price, days on market, and current inventory.

  25. Is Mississauga a good place to live?

    Mississauga is one of ON's actively-tracked Summitly markets. The full Mississauga real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  26. 1360 Rathburn Road
    2 / 2
    1,200
    —
    3883 Quartz Road2 / 2600—
    2556 Argyle Road2 / 21,000—
    75 King Street1 / 1700—