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$510K · 1+1 bed Common Element Condo · City Centre, Mississauga | MyPropertyScout

$509,999

Unit 1805

54 DOM

1+1254d

Map

DOM 54

$509,999

C●●●○○DOM54days

Unit 1805

55 Elm Drive · Mississauga · Ontario L5B 3Z3

MLS® W13099834 · City Centre · L5B 3Z3

1+12OwnerOccupied1000-1199 ft²Common Element Condo1-car Underground54d$464/ft²$2,895 tax/yrBuilt 198541 yrs old

2% above market · 54 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Beautiful condo in the heart of Mississauga, renovated, huge bedroom, 2 washrooms, sun-filled wrap around corner unit. Freshly painted 5 piece ensuite with walk in closet. Grand kitchen/dining area and much more. Absolutely gorgeous!

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Property details

MLS#: W13099834
Status: Buy Now
Beds: 1+1
Baths: 2 full, 0 half
Size: 1000-1199
Style: Multi-Level
Type: Common Element Condo
Year built: —

Roof: Asphalt Rolled

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

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Concrete
Fronting on: —
Cross street: Burnhamthorpe/Hurontario
Basement: Other
Stories: 17
Utilities: —
Laundry: Ensuite
Interior: Other
Parking features: Underground

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX REAL ESTATE CENTRE INC.

Source: TRREB/PROPTX · MLS® W13099834

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$510K

Unit 1805 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $509,999✓ $2,895 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,904/mo

incl. closing costs (yr 1)

Annual total

$58,847

year 1

Mortgage only

$1,935/mo

principal + interest

Beyond mortgage

$1,955/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$102,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$241/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%$5,100/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)$72/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,675

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)39% $23,217/yr

Property taxes16% $9,570/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,100/yr

Condo fees18% $10,299/yr

Closing costs9% $5,100/yr

Mortgage is 39% of your true cost of ownership. The other 61% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$23,217	$1,935/mo
Government & taxes
Property tax	$2,895	$241/mo
Land transfer tax(closing)	$6,675	$556/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%)	$5,100	$425/mo
Condo fees
Condo / HOA fees	$10,299	$858/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	$58,847	$4,904/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 1805

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs