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$499,900Asking Price

55 Elm Drive W 511, Mississauga, ON L5B 3Z3 #511

City Centre, Mississauga

Condo
2 + 1
Bedrooms
2
Baths
2
Parking
Days on Market

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.

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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.

Key Info

  • Apartment Condo
  • 2 Parking
  • Hurontario St & Burnhamthorpe Rd W
  • 1200-1399 Approximate Sq Feet
  • South Exposure
  • No Balcony
  • Ensuite Laundry
  • Owned Locker
  • Forced Air Gas Heating
  • Central Air

Property

  • $1,017 Monthly Condo Fees
  • Includes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking.
  • Amenities: Gym, Pool, Squash Court, Tennis Court, Visitor Parking
  • Taxes were $3,038 in 2025
  • Possession: Flexible

Details

  • Elevator
  • Concrete Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • Condo Corporation #386
  • Condo Registry Office: PCC
  • MLS #W12668816
  • Royal Lepage Real Estate Associates

Extras

Room Floor Dimensions Details
1 Kitchen Main 14.76' x 8.20' Tile Floor, Large Window, Stainless Steel Sink
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on Main Floor

Who lives here?

City Centre, Mississauga is a west GTA neighbourhood notable for its singles, renters, university grads, executives and business and science professionals. It has a higher than average population of immigrants, particularly those from India and Pakistan, and Arabic and Urdu speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 9 and adults aged 25 to 44.

Families

Kids Per Family

1.0

kids per family
in the neighbourhood.

Mississauga  (1.4)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

47% of residents are
single and loving it.

47% singles

Mississauga (44%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

44% of residents
are renters.

44% renters

Mississauga (29%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

61% of residents are
university grads.

61% university grads

Mississauga (45%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$84K

is the average household
income in the neighbourhood.

Mississauga  ($125K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 14%
Business 13%
Sciences 11%
Management 9%
Government 6%

Immigrants

66% of residents were
born outside of Canada.

66% immigrants

Mississauga (56%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

India was once home to 11.9% of immigrants.
Pakistan 5.6%
China 4.1%
Philippines 3.8%
Iraq 3.3%

11.9% from India
All-time

Birthplace - Recent

India was once home to 3.7% of immigrants.
Pakistan 2.0%
Iraq 1.8%
Syria 1.5%
Egypt 1.2%

3.7% from India
Recent

Foreign Languages

Foreign Languages

Arabic 16%
Urdu 6%
Mandarin 4%
Hindi 3%
Spanish 3%

Religions

Religions

Christian 48%
Muslim 25%
Hindu 10%
Sikh 1%
Buddhist 1%