Skip to content
Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
1 / 20
MLS® W13811168For SaleCondominium

2705-1 Elm Dr

City Centre, Mississauga, Ontario L5B 4M1

Map
1 / 20
2705-1 Elm Dr, Mississauga, photo 1
Asking$574,900
Bedrooms
2
Bathrooms
2
Size
800–899sq ft
Per sq ft
$677at the range’s middle
Tax a year
$3,2242026 tax year
Built
11-15
Parking
11 underground
Days on market
Members

The brief

About 2705-1 Elm Dr

2705-1 Elm Dr is a 2-bedroom, 2-bathroom condo in City Centre, Mississauga, listed for sale at an asking price of $574,900 (MLS® W13811168).

Presenting a rare corner two-bedroom condo that perfectly combines space, natural light, and stunning views in the heart of Mississauga's vibrant City Centre. This well-planned split-bedroom layout is enhanced by rich solid hardwood flooring and soaring 9-foot ceilings, creating an atmosphere of effortless elegance. The space flows from a bright living and dining area, framed by large windows that open onto a walkout balcony-offering south-facing panoramic views stretching from the downtown Toronto skyline to the shimmering waters of Lake Ontario, like a living postcard. The primary suite serves as a private retreat, complete with a sleek ensuite bath, while a second full bathroom accommodates the generously sized second bedroom. Every corner of this home has been freshly painted and carefully maintained by the original owner, ensuring a spotless, move-in-ready experience-with the added convenience of in-suite laundry and zero carpeting throughout. Beyond the unit itself, life here is defined by luxury and convenience. Residents enjoy access to top-tier amenities: a fitness center, sauna, indoor pool, party room, games room, and the reassurance of 24-hour security. Perfectly located just steps from the future LRT, GO Transit, Square One Shopping Centre, and highways QEW/403, this address offers unmatched connectivity. Nestled in a family-friendly neighborhood with schools and daycares within walking distance, this well-managed Daniels building also offers spectacular skyline views and seasonal fireworks from your private balcony. Parking and locker are included. This spotless corner unit is an exceptional opportunity for first-time buyers, investors, or downsizers alike. Easy to show. LOW MAINTENANCE!

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$889/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 263 condos with 2 bedrooms for lease in Mississauga right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$3,224 / 2026
MLS® number
W13811168
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
11-15
Days on market
Size
800-899 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: SUTTON GROUP QUANTUM REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
City Centre
Municipality
Mississauga

Building

Size
800-899 sqft
Building Age
11-15
Construction
Brick

Inside

Bedrooms
2
Bathrooms
2
Bathroom Details
2 × 4pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
Fridge, Stove, B/I DW, Washer, Dryer, All Light Fixtures, All Window Coverings, Locker, Parking
Condo maint.
$597

Rooms

RoomSizeFeaturesLevel
Kitchen2.25 × 3.4 mCeramic Floor, Granite Counter, Walk-OutMain
Dining0.0 × 0.0 mhardwood floor, South View, Combined W/LivingMain
Primary3.2 × 4.3 mhardwood floor, 4 Pc Ensuite, ClosetMain
2nd Br3.0 × 3.0 mhardwood floor, Closet, WindowMain
Living3.1 × 4.35 mhardwood floor, W/O To Balcony, Combined W/DiningMain

Listing history

Buy/sell history for 2705-1 Elm Dr, Mississauga, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$574,900N/AFor SaleW13811168

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $114,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$114,980
Total mortgage amount
$459,920
Total interest payment
$326,980
Total purchase cost
$901,880
Mortgage payment
$2,623/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

47%

Monthly carrying cost

$3,489
−$889per month
  • Rent $2,600
  • Shortfall $889

Rental income opens at $2,600, the median asking rent of 263 comparable homes for lease in Mississauga. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$7,973
Total land transfer tax
$7,973
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$3,973
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $574,900
$3,498
Ontario total
$7,973

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

13 records · 6 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNot in Credit Valley Conservation’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 7.2 kmA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment Canada1 federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at a household 40 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • Not in Credit Valley Conservation’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m10 test or monitoring holes also recorded.250 m

Credit Valley Conservation · Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 7.2 km7.2 km

Province of Ontario open data

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is FIELDING CHEMICAL TECHNOLOGIES INC., 2.0 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Alectra Utilities CorporationAt the address
  • Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Credit Valley Conservationor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under Credit Valley Conservation Open Data Licence v1.0.

The market

Condos for sale in City Centre right now

For sale now
283
Median asking price
$500K

Middle half: $446K to $585K

New in 7 days
29

101 in 28 days

Price cuts
19%

54 listings

This home is asking 15% above the median.

See all homes in City Centre

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Cooksville GOGO Transit train: Milton1.1 km
Mississauga City Centre Transit TerminalBrampton Transit bus rapid transit: Züm Main1.3 km
Central Parkway StationMiWay bus rapid transit: Transitway1.9 km
Hurontario St at Eglinton AveBrampton Transit bus rapid transit: Züm Main2.4 km
Cawthra StationMiWay bus rapid transit: Transitway3 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; MiWay schedule data (GTFS) from the City of Mississauga under the City of Mississauga Terms of Use; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. MiWay's schedule data is publicly available from the City of Mississauga under its Terms of Use. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Elm Drive (Elementary)Peel DSBPublic · grades JK–8400 m67%Grade 6 average
Fairview Public SchoolPeel DSBPublic · grades JK–6450 m70%Grade 3 average
St. Giovanni Scalabrini Catholic School SchoolDufferin-Peel CDSBCatholic · grades JK–8850 m65%Grade 6 average
ÉÉC René-LamoureuxConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–61.7 km98%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Father Michael Goetz Secondary SchoolDufferin-Peel CDSBCatholic · grades 9–121 km44%Grade 9 math
T. L. Kennedy Secondary SchoolPeel DSBPublic · grades 9–121.4 km10%Grade 9 math
John Cabot Catholic Secondary SchoolDufferin-Peel CDSBCatholic · grades 9–122.6 km46%Grade 9 math
ÉSC Sainte-FamilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–129.7 km67%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in City Centre are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record