For Sale

55 Elm Drive Unit# 511, Mississauga, Ontario L5B 3Z3

$499,900

55 Elm Drive Unit# 511, Mississauga, Ontario L5B 3Z3 is For Sale and has a listing price of 499,900. The property is located in the Mississauga . It's been on the website for 33 Days.

  • 3
    Bedrooms
  • 2
    Bathrooms
  • Parking
  • MLS ID: W12668816
  • Office Name Royal Lepage Real Estate Associates
Property Description

Photos shown are of an identical floor plan and accurately reflect the same unit size as advertised. This bright and spacious condo offers more space than most newly built units. Excellent opportunity for investors. Currently tenanted – perfect for those looking to buy low and enjoy steady rental income from day one, these prices won’t last. Ideal layout for families or couples seeking privacy, with two generously sized bedrooms located on opposite sides of the suite. The sun-filled den provides the perfect space for a home office or an additional sitting area. Prime location within walking distance to Square One, schools, parks, and transit. With top-notch building amenities including an indoor pool, sauna, fitness room, and 24-hour security.

Property Details
  • Property Type: Condo
  • Listing Type: For Sale
  • Listing ID: W12668816
  • Price: $499,900
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Ref ID: W12668816
  • Approx Sqft: 1200-1399
  • Dir / Cross St: Hurontario St & Burnhamthorpe Rd W
  • Status: Active
  • Tax Year: 2025
  • Property Sub Category: Condo
Price History
List Date MLS ID List Price Status End Date Closed Price
01/06/2026 W12668816 $535,000 For Sale - -
08/28/2024 W9282535 $649,000 Ter 12/15/2024 -
08/14/2024 W9254668 $499,000 Ter 12/15/2024 -
06/27/2024 W8485708 $650,000 Ter 11/30/2024 -
06/14/2024 W8443510 $599,000 Ter 10/31/2024 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Mississauga
  • $1,178,299 Average List Price
    based on 1 year
  • 1,208 New Listings
    based on 30 days
  • 39 Median Days on Market
    based on 1 year
  • List vs. Selling Price 272.7 % Up
  • Sold (12mo) 1,814
  • Rented (12mo) 1,868

  • 1 Month Change -63.1%
  • 3 Month Change -68.4%
  • 6 Month Change -36.1%
Walkscore
  • 82 Walk Score
    Very Walkable
  • 56 Transit Score
    Good Transit
  • 67 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    35.46%
  • Commercial
    7.11%
  • Condo
    57.41%
  • Land for Sale
    0.01%
  • Parking
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Apartment
  • Washroom Type1: 1
  • BuildingAmenities Visitor parking, Gym, Indoor pool, Tennis court, Squash/racquet Court
  • Garage Type Underground
  • Parking Spaces: N/A
  • Exterior Concrete
  • Kitchen Y
  • Parking Y
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 1
  • Taxes: $3,039
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 06/01/2026 19:11:45
  • Laundry Access: Ensuite
  • Condo Registry Office: PCC
  • Locker: Owned
  • Property Mgmt Co: Del Property Management
  • Condo Corp#: 386
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