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For Sale · Mississauga (City Centre) · City Centre

$470,000

1601 - 55 ELM DRIVE W, Mississauga (City Centre)

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Bedrooms

2 (1 half)

Bathrooms

About This Home

The details.

Beautiful and Spacious 1 Bedroom + Den Condo in Prime Mississauga Location! Functional Open-Concept Layout with Large Separate Den - Ideal for Home Office or Second Bedroom. Bight Unit with Large Windows and Abundant Natural Sun Light. Panoramic View. Generous Primary Bedroom with 3 Piece Ensuite and Additional Powder Room. Well Maintained Building with Premium Amenities Including: Indoor Pool, Hot Tub,...

Summarizing the highlights...

MLS® W13479652Listing courtesy of HOMELIFE/RESPONSE REALTY INC.See all units in this building View on map

Property Details

Facts & features.

Property type: Single Family
Ownership: Condominium/Strata
Parking: 1 space
Strata fee: $787 / monthly
Listed on: 2026-06-23
Days on market: 37
MLS number: W13479652
Data source: Toronto Regional Real Estate Board

Market intelligence

Statistics and history.

Days on market

Typical in Mississauga (City Centre): 16 days

Mississauga (City Centre) median asking

$500K

158 active listings

Est. rent / month

$2,550

From live asking rents in this market

Est. rental yield

6.51%

Gross, asking price vs asking rents

New this week

158 active listings

How fast is this listing moving?

FastSlow

Market demandBalanced

QuietHot

21 new this week of 158 active listings in Mississauga (City Centre), blended with typical days on market.

Where this price sits in Mississauga (City Centre)

$380KThis listing$715K

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$2,198

$376,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$2,198

Cash flow

-$2,198

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Mississauga (City Centre) right now

158

Active listings

New this week

$499,800

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Area

What surrounds this property.

Transit stations: 2
Malls + supermarkets: 51
Pharmacies + hospitals: 69
City population: 717,961
Median household income: $102,000

The neighbourhood

City Centre.

Mississauga's condo pocket

City Centre, Mississauga leans heavily to condos. There are 148 active listings on the market as this page was last built. The middle of the market sits at $499,400. That is about 44% below the Mississauga median, which is what tends to bring value buyers to this pocket first. The typical build year is around 2016.

20 listings are sitting below what comparable homes in this sub-area are asking, with the widest gap around 34%. Space costs about $636 per square foot.

Rail transit is roughly a 25 minute walk, with groceries about 4 minutes, the nearest park about 3 minutes, a school about 4 minutes.

Median asking price: $499,800
Median price: $636/sqft
Active listings: 491
Shops nearby: 51
Parks: 93

See 2 deals in City Centre

The Neighbourhood

Living in Mississauga (City Centre).

Household and demographic stats for Mississauga (City Centre), from the Statistics Canada 2021 Census.

717,961
Population (2021): 40.8
Median age: 244,575
Households: 2.9
Avg household size: 70.4%
Home ownership: $102,000
Median household income

Mississauga (City Centre) market trends

Source: Statistics Canada 2021 Census, Mississauga, City, Ontario.

Similar homes

Nearby homes like this one.

Rental Market

Rentals nearby

Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.