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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 12 daysPrice drop · $95,001 off (-19.2%)

    Unit 805 — 55 Elm Drive W

    City Centre·Mississauga, ON·L5B 3Z3·Near HURONTARIO/ELM DR

    • 1 bed
    Mississauga real estate›W13410374
    • 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

    Live where convenience meets lifestyle at 55 Elm Drive West. This bright and affordable condo offers an excellent opportunity for first-time buyers, investors, or anyone seeking a vibrant lifestyle in a prime location. Enjoy stunning unobstructed west-facing views and an abundance of natural light streaming through floor to ceiling windows, creating a warm and inviting atmosphere throughout the home. Thoughtfully designed, this spacious suite features 1 bedroom plus a versatile den big enough to be a 2nd bedroom, 2 full bathrooms, and a functional layout that maximizes both comfort and practicality. The generously sized primary bedroom boasts a walk-in closet and a private 4 piece ensuite. Residents enjoy peace of mind with 24-hour security and gated monitored access, along with an exceptional collection of amenities, including a rooftop indoor pool, fitness centre, billiards room, meeting room, and party room. Whether you're looking to enter the real estate market, expand your investment portfolio, or simply enjoy the convenience of downtown living, this is an opportunity not to be missed. Experience the best of City Centre living at 55 Elm Drive West! Show with confidence!

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

    AI highlights by Zara
    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$399,999−$95,001 (19.2%)W13410374This page
    Jun 5, 2026ListedCurrentFor sale$495,000 —W13410374This page
    Sep 19, 2025Previously listedTer$529,000 —W12415977View
    Apr 28, 2025Previously listedTer$569,999 —W12107776View
    Apr 14, 2025Previously listedTer$599,999 —W12083009View
    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 805 — 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
    $242
    0.73% 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
      $991,804
      Last 30 days
    • Median sold price
      $890,000
      Middle of the market
    • Days on market
      31 d
      Avg from list to close
    • Closed last 30d
      1,547
      MLS® transactions
    Full Mississauga market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 805 — 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 805 — 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 805 — 55 Elm Drive W listed for?

      Unit 805 — 55 Elm Drive W is listed at $399,999 on the MLS® (listing W13410374). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 805 — 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. 1000-1199 sqft
  3. Condo Apartment
  4. Asking
    $399,999
    $0 / sqft · MLS® W13410374
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $605,000
    $556,600Confidence range$653,400
    Asking vs estimate
    ↓below
    −$205,001
    (-33.9%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 1 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Mississauga sell in about 31 days — this one has been listed 12 days.

    Avg sold price
    $991,804
    Median sold
    $890,000
    Avg days on market
    31
    Recently sold
    1547
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    Live where convenience meets lifestyle at 55 Elm Drive West.
  6. Enjoy stunning unobstructed west-facing views and an abundance of natural light streaming through floor to ceiling windows, creating a warm and inviting atmosphere throughout the home.
  7. Thoughtfully designed, this spacious suite features 1 bedroom plus a versatile den big enough to be a 2nd bedroom, 2 full bathrooms, and a functional layout that maximizes both comfort and practicality.
  8. The generously sized primary bedroom boasts a walk-in closet and a private 4 piece ensuite.
  9. Ask Zara a follow-up

    Parking & garage

    3
    Garage
    Underground
    Garage spaces
    2
    Parking spaces
    2
  10. Interior

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

    3
    Exterior
    Brick
    Patio
    None
    Balcony
    None
  12. Listing & possession

    3
    Occupancy
    TBD
    Property style
    Apartment
    Property class
    Condo Apartment
  13. Room-by-room · 7 rooms

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

    Room dimensions

    Main level

    7 rooms
    • Kitchen
      b/i dishwasher · b/i range · separate room
      9.5 × 11.1 ft
    • Bedroom 2
      large window · hardwood floor
      11.1 × 11.1 ft
    • Bathroom
      4 Pc Ensuite
      0.0 × 0.0 ft
    • Bathroom
      2 Pc Bath
      0.0 × 0.0 ft
    • Dining Room
      combined w/family · sw view · large window
      9.8 × 12.5 ft
    • Bedroom
      4 pc ensuite · large window · hardwood floor
      14.2 × 11.9 ft
    • Living Room
      combined w/dining · large window · hardwood floor
      23.4 × 12.0 ft

    Condo corporation & monthly fees

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

    Monthly maintenance
    Condo corp fees
    $970
    per month
    Maintenance fee includes
    • Heat
    • Hydro
    • Water
    • Cable
    • Parking
    Building details
    • Unit5
    • Storeys (building)8
    • ExposureWest
    • LockerNone
    • Parking typeInside Entry
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpN/A
    • Corp #386
    • Property managerDel Property Management
    Combined estimate
    $2,207
    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 $399,999
    $80,000 cash
    $319,999 financed
    $269,523 total interest
    Monthly payment$1,965/ month
    Principal54%$319,999
    Interest46%$269,523

    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.

    • 4633 Glen Erin Drive
      Sold
      Sign in for price
      4633 Glen Erin Drive
      Condo Apartment
    • 700 Constellation Drive
      Sold
      Sign in for price
      700 Constellation Drive
      Condo Apartment
    • 145 Hillcrest Avenue
      Sold
      Sign in for price
      145 Hillcrest Avenue
      Condo Apartment
    • 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
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 805 — 55 Elm Drive WThis home1 / 210,001,199$399,999ask———
    4633 Glen Erin Drive2 / 2800—
    700 Constellation Drive2 / 21,000—
    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.

    • 50 Elm Drive
      $445,000
      50 Elm Drive
      Condo Apartment 2 2
    • 2345 Confederation Parkway
      $395,000
      2345 Confederation Parkway
      Condo Apartment 3 2
    • 50 Elm Drive
      $445,000
      50 Elm Drive
      Condo Apartment 2 2
    • 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
    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.

  14. One team, no handoffs

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

  15. Showings on YOUR schedule

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

  16. Mortgage that closes

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

  17. Public listing courtesy of RE/MAX GOLD REALTY INC. · displayed on Summitly per MLS® data-share rules

    Unit 805 — 55 Elm Drive W is a 1-bedroom, 2-bath, 1000-1199 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  18. When was Unit 805 — 55 Elm Drive W built?

    The year built for Unit 805 — 55 Elm Drive W isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  19. What is the property tax for Unit 805 — 55 Elm Drive W?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 805 — 55 Elm Drive W plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  20. How much would the monthly mortgage be on Unit 805 — 55 Elm Drive W?

    The affordability calculator on this page shows an estimated monthly mortgage for $399,999 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  21. Has Unit 805 — 55 Elm Drive W been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 805 — 55 Elm Drive W with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  22. What neighbourhood is Unit 805 — 55 Elm Drive W in?

    Unit 805 — 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.

  23. 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.

  24. 145 Hillcrest Avenue
    1 / 1
    600
    —
    33 Elm Drive1 / 1500—
    1700 The Collegeway1 / 1800—
    1360 Rathburn Road2 / 21,200—