Beautifully renovated, freshly painted, and move-in ready, this spacious 1,027 sq. ft. Features: 2 bathrooms and 2 parking spaces. The large den is currently used as a second bedroom, offering flexible living space. The modern kitchen features granite countertops, while the primary bedroom includes a 4-piece ensuite and walk-in closet. Laminate flooring runs throughout, complemented by stunning, unobstructed views that can be enjoyed throughout the unit. Residents enjoy an exceptional selection of amenities, including a fully equipped gym, exercise room, indoor pool, sauna, games room, squash/racquet and tennis courts, party/meeting room, rooftop deck and garden, BBQ facilities, security system, and ample visitor parking. Ideally located in central Mississauga, with convenient access to public transit, Square One Shopping Centre, Celebration Square, restaurants, schools, parks, major highways, and the future LRT. Freshly updated, spacious, and ready for its next occupant
1 bedroom, 2 bathrooms, about 1,000 sq ft, works out to roughly $480 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 #1214
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1000-1199 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
55 Elm Dr #1214 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13786006$479,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 55 Elm Dr #1214 Compares to the Mississauga Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$2,358
/mo
based on the purchase price of $479,900
$95,980 cash
$383,920 financed
$323,361 total interest
Principal54%$383,920
Interest46%$323,361
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 $480K.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio97.5%On average, homes sold below asking.
Active listings2,778Homes for sale here right now.
Median vs prior 90 days−0.5%Compared with May 12 – Aug 10, 2026: prices down.
Based on 2,112 sales from Aug 10 – Nov 8, 2026 (1,663 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
55 Elm Dr #1214 is listed at $479,900 (MLS® W13786006). Summitly updates the price as soon as the MLS® record changes.
Is $479,900 a good price for 55 Elm Dr #1214?
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 #1214 changed?
No — 55 Elm Dr #1214 is still listed at its original asking price of $479,900.
How many bedrooms and bathrooms does 55 Elm Dr #1214 have?
55 Elm Dr #1214 has 1 bedroom and 2 bathrooms, with about 1,000–1,199 square feet of living space. It is a condo in Mississauga.
Is 55 Elm Dr #1214 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 #1214?
About $2,358 a month — principal and interest on $479,900 with 20% down ($95,980), 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 #1214 compare with other homes in Mississauga?
Its asking price of $479,900 is about 45% below the median sold price in Mississauga over the last 90 days, $875,500, across 2,112 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 #1214 been sold before?
Summitly has no earlier MLS® sale or lease of 55 Elm Dr #1214 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 55 Elm Dr #1214?
55 Elm Dr #1214 is in Mississauga, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 55 Elm Dr #1214 been on the market?
54 days — 55 Elm Dr #1214 was listed on September 15, 2026.
What is the price per square foot of 55 Elm Dr #1214?
About $400 to $480 per square foot: the asking price of $479,900 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 55 Elm Dr #1214 have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
