Unknown for 55 Elm Dr #511, Mississauga Ontario L5B 3Z3
30 days on Market

55 Elm Dr #511, Mississauga, Ontario L5B 3Z3

In the same building:
-
Condo
2 + 1
2
~1200-1399 sqft
$•••,•••
$495,000
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Condo
2 + 1
2
~1200-1399 sqft

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Highlights

Property Estimate

Days on market30 days

Estimated valueNot available

Price/Sqft$383/sqft

Monthly cost

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Description

**BUYER TO ASSUME EXISTING TENANT!! Photos shown are of a similar unit with an identical floor plan and are provided for illustrative purposes only. They do not accurately represent the current condition or finishes of this unit. Excellent opportunity for investors. The property is currently tenanted, and the buyer will assume the existing tenant and lease upon closing, making this an ideal turnkey investment with immediate rental income. This spacious condo offers more living space than many newly built units and features an ideal split-bedroom layout with two generously sized bedrooms located on opposite sides of the suite for added privacy. The bright, sun-filled den is perfect for a home office or additional sitting area. Conveniently located within walking distance to Square One, schools, parks, and public transit, with exceptional building amenities including an indoor pool, sauna, fitness centre, and 24-hour security.


Property Details

StyleApartment
View-
Age of property-
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberW13423914
Community NameCore Mississauga
Data SourceTRREB
Listing byRoyal LePage Real Estate Associates

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Primary

4.3 x 4.0

Laminate / W/I Closet / Wood Trim

2nd Br

4.0 x 3.5

Laminate / Closet / Wood Trim

Kitchen

4.5 x 2.5

Tile Floor / Large Window / Stainless Steel Sink

Living

4.5 x 4.3

Laminate / Large Window / Wood Trim


Parking

Garage spaces 2

Garage type Underground

Other parking spaces 0

Total parking spaces 2


5Story
Elevator
Amenities

Party/Meeting Room, Tennis Court, Indoor Pool, Gym, Squash/Racquet Court, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by Royal LePage Real Estate Associates, Brokerage
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Market Data - Core Mississauga

Geo Zone Map ThumbnailCore Mississauga

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

41 days

Compared to

2025

31 days

2024

26 days

2023

18 days

New Listings

Past 30 days

179 listings

Compared to

2025

237 listings

2024

214 listings

2023

186 listings

Units sold

Past 30 days

42 units

Compared to

2025

42 units

2024

56 units

2023

78 units

Median Sold Price

Past 30 days

$487,500

Compared to

2025

$520,000

2024

$645,000

2023

$612,500


Population and Demographics

Overview

Total population 27796
Average household income $95,372

Age (%)

0 to 19
19%
20 to 34
30%
35 to 49
22%
50 to 64
15%
65 and plus
14%

Household composition (%)

Single family
57%
Single person
35%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
43%
Arabic
13%
Urdu
6%
Mandarin
6%
Hindi
5%
Spanish
4%
Tagalog (Pilipino, Filipino)
3%
Yue (Cantonese)
2%
Tamil
2%
Others
2%

House tenancy (%)

Owners
50%
Renters
50%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget