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$480K · 1+1 bed Condo Apartment · Unit 1214, 55 Elm Drive, Mississauga, Ontario L5B 3Z3 | HomeSearchCanada

$479,900

Unit 1214

7 DOM

1+127d

Map

DOM 7

$479,900

DOM7days

Unit 1214

55 Elm Drive · Mississauga · Ontario L5B 3Z3

MLS® W13786006 · City Centre · L5B 3Z3

1+12OwnerOccupied1000-1199 ft²Condo Apartment2-car UndergroundNo basement7d$436/ft²$3,013 tax/yrNo basement

7 days on market

About this home

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…

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Property details

MLS#: W13786006
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1+1
Baths: 2 full, 0 half
Rooms: 5
Kitchens: 1
Size: 1000-1199Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Owner Occupied
Washrooms: 4 pc · Flat; 3 pc · Flat
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Condo corp #: 386
Balcony: None
Locker: Ensuite
Fees include: Heat Included, Water Included, Hydro Included, Cable TV Included, Common Elements Included, Building Insurance Included, Parking Included, CAC Included
Pets: Yes-with Restrictions

Garage: 2-car Underground
Garage spaces: 2
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Hurontario St & Burnhamthorpe Rd W
Stories: 12
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: SUTTON GROUP REALTY SYSTEMS INC.

Source: TRREB/PROPTX · MLS® W13786006

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$480K

Unit 1214 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $479,900✓ $3,013 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,825/mo

incl. closing costs (yr 1)

Annual total

$57,896

year 1

Mortgage only

$1,821/mo

principal + interest

Beyond mortgage

$2,040/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$95,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$251/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,799/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$80/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,073

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)38% $21,847/yr

Property taxes16% $9,086/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance8% $4,799/yr

Condo fees20% $11,503/yr

Closing costs9% $5,100/yr

Mortgage is 38% of your true cost of ownership. The other 62% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$21,847	$1,821/mo
Government & taxes
Property tax	$3,013	$251/mo
Land transfer tax(closing)	$6,073	$506/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,799	$400/mo
Condo fees
Condo / HOA fees	$11,503	$959/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$57,896	$4,825/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 1214

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs