1214-55 Elm Dr
City Centre, Mississauga, Ontario L5B 3Z3
- Bedrooms
- 1+1
- Bathrooms
- 2
- Size
- 1,000–1,199sq ft
- Per sq ft
- $436at the range’s middle
- Tax a year
- $3,0132026 tax year
- Parking
- 22 underground
- Days on market
- Members
The brief
About 1214-55 Elm Dr
1214-55 Elm Dr is a 1+1-bedroom, 2-bathroom condo in City Centre, Mississauga, listed for sale at an asking price of $479,900 (MLS® W13786006).
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 of amenities, including a fully equipped gym, exercise room, indoor pool, sauna, games room, squash/racquet and tennis courts, party/meeting room, rooftop deck and garden, BBQ facilities, security system, and ample visitor parking. Ideally located in central Mississauga, with convenient access to public transit, Square One Shopping Centre, Celebration Square, restaurants, schools, parks, major highways, and the future LRT. Freshly updated, spacious, and ready for its next occupant
Insights
Condition Score
Good76/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall36/100−$800/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 261 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
- $3,013 / 2026
- MLS® number
- W13786006
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- 2 Underground, 2 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- City Centre
- Municipality
- Mississauga
Building
- Size
- 1000-1199 sqft
- Construction
- Brick
Inside
- Bedrooms
- 1+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Flat, 1 × 3pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 2
- Additional Parking
- 0
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Fridge, Stove , Dishwasher, Washer and Dryer, 2 Parking spots, All Electrical Fixtures and All Window Coverings.
- Condo maint.
- $959
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.3 × 5.9 m | Laminate, South View, Large Window | Flat |
| Dining | 3.1 × 3.05 m | Laminate | Flat |
| Kitchen | 3.01 × 3.1 m | Laminate, Granite Counter, Backsplash | Flat |
| Primary | 3.2 × 4.35 m | Laminate, 4 Pc Ensuite, W/I Closet | Flat |
| Den | 3.0 × 3.8 m | Laminate, Large Window | Flat |
Listing history
Buy/sell history for 1214-55 Elm Dr, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $479,900 | N/A | For Sale | W13786006 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
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
- $95,980
- Total mortgage amount
- $383,920
- Total interest payment
- $273,080
- Total purchase cost
- $752,980
- Mortgage payment
- $2,190/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
49%Monthly carrying cost
$3,400- Rent $2,600
- Shortfall $800
Rental income opens at $2,600, the median asking rent of 261 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
- $6,073
- Total land transfer tax
- $6,073
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,073
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 $479,900
- $1,598
- Ontario total
- $6,073
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.
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: 7.3 km7.3 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., 1.9 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 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 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
- 282
- Median asking price
- $500K
- New in 7 days
- 28
- Price cuts
- 19%
Middle half: $446K to $585K
100 in 28 days
54 listings
This home is asking 4% below the median.
See all homes in City CentreAsking 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
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Cooksville GO | GO Transit train: Milton | 1.1 km |
| Mississauga City Centre Transit Terminal | Brampton Transit bus rapid transit: Züm Main | 1.2 km |
| Central Parkway Station | MiWay bus rapid transit: Transitway | 2 km |
| Hurontario St at Eglinton Ave | Brampton Transit bus rapid transit: Züm Main | 2.4 km |
| Cawthra Station | MiWay bus rapid transit: Transitway | 3.1 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
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Fairview Public SchoolPeel DSB | Public · grades JK–6 | 350 m | 70%Grade 3 average |
| Elm Drive (Elementary)Peel DSB | Public · grades JK–8 | 350 m | 67%Grade 6 average |
| St. Giovanni Scalabrini Catholic School SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 750 m | 65%Grade 6 average |
| ÉÉC René-LamoureuxConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.8 km | 98%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Father Michael Goetz Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 1 km | 44%Grade 9 math |
| T. L. Kennedy Secondary SchoolPeel DSB | Public · grades 9–12 | 1.4 km | 10%Grade 9 math |
| John Cabot Catholic Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 2.7 km | 46%Grade 9 math |
| ÉSC Sainte-FamilleConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 9.7 km | 67%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
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Sold prices in City Centre are shown to signed-in members.