501 - 55 ELM DRIVE W, Mississauga (City Centre)

$399,000

For sale: Apartment

Apartment at 501 - 55 ELM DRIVE W, Mississauga (City Centre)
Property type
Condo Apartment
Bedrooms / bathrooms
2 bedrooms, 2 bathrooms
Living area
899 sqft
MLS®
MLS® W13788628
Neighbourhood
City Centre

**Welcome to an exceptional opportunity to experience refined condominium living in a prime and highly connected location.** Nestled on a quiet, desirable street just minutes from Square One, major highways including the 403 & 407, and with convenient access to downtown. This beautifully appointed 1+1 residence offers an impressive blend of sophistication, comfort, and lifestyle. A standout feature of this property is its spectacular setting overlooking the trees & tennis courts, a beautiful backdrop to everyday living. Thoughtfully updated and move-in ready, the suite features laminate flooring & tile throughout. Brand new stainless steel stove and new washer/dryer being installed in September. Beyond the residence, an exceptional collection of resort-inspired amenities elevates the lifestyle, including tennis courts, indoor pool and hot tub, sauna, fully equipped gym, party room, TV room, board room, library, squash court, basketball court, and table tennis facilities. Surrounded by an abundance of parks, schools, shopping, dining, and essential conveniences, this residence offers the perfect balance of tranquility and urban accessibility. Whether you are looking for your new home or an outstanding investment opportunity, this is a property that deserves to be seen. Discover the space, views, amenities, and lifestyle for yourself-your next chapter begins here.

Sold data

Apartment homes in Mississauga (City Centre) — recent sold market

Apartment homes in Mississauga (City Centre) took a median of 35 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 60, across 357 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 67 days.

The median sale price was $494,000.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$494,000
Sale-to-list ratio
97.0%
Sold above asking
13%

Based on 357 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Mississauga (City Centre)

Mississauga (City Centre) has 131 Fraser Institute–rated schools (96 elementary and 35 secondary), averaging 6.8/10.

Rated schools
131
Elementary
96
Secondary
35
Average rating
6.8 / 10

Top-rated schools in Mississauga (City Centre)

  • AI-Manarat Heights — elementary, MississaugaFraser rating 10.0/10
  • Kenollie — elementary, MississaugaFraser rating 10.0/10
  • Khalsa Malton — elementary, MississaugaFraser rating 10.0/10
  • Safa & Marwa Islamic — elementary, MississaugaFraser rating 10.0/10
  • St Rose of Lima — elementary, MississaugaFraser rating 9.7/10
  • Olive Grove — elementary, MississaugaFraser rating 9.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 501 - 55 ELM DRIVE W