$495,000
Unit 511 - 55 Elm Dr W
Mississauga, ON L5B 3Z3
Unit 511 - 55 Elm Dr W, Mississauga — Listed at $495,000. 3 bedroom, 2 bathroom Apartment. MLS® W13423914.
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Description
**BUYER TO ASSUME EXISTING TENANT!! Photos shown are of a similar unit with an identical floor plan and are provided for illustrative purposes only. They do not accurately represent the current condition or finishes of this unit. Excellent opportunity for investors. The property is currently tenanted, and the buyer will assume the existing tenant and lease upon closing, making this an ideal turnkey investment with immediate rental income. This spacious condo offers more living space than many newly built units and features an ideal split-bedroom layout with two generously sized bedrooms located on opposite sides of the suite for added privacy. The bright, sun-filled den is perfect for a home office or additional sitting area. Conveniently located within walking distance to Square One, schools, parks, and public transit, with exceptional building amenities including an indoor pool, sauna, fitness centre, and 24-hour security.
Property Details
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Listing Courtesy of: Royal LePage Real Estate Associates
MLS® #W13423914
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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HouseIndex Take: Unit 511 - 55 Elm Drive W
This condo apartment (Apartment) is located in the City Centre neighbourhood of Mississauga.
The home offers 3+1 bedrooms, 2 bathrooms.
Features include 2 parking spaces including a 2-car garage.
Listed at $495,000 CAD with annual property taxes of $3,038.75 (2025). This listing has been on the market for 1 day.
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About Mississauga Real Estate
This Condo Apartment is located in the City Centre community in Mississauga. Mississauga is Ontario's third-largest city, offering a strong balance of suburban space and urban amenities along the western shores of Lake Ontario. The Square One district is rapidly densifying, while established areas like Lorne Park and Erin Mills offer mature tree-lined streets. Pearson International Airport and the 403/QEW provide excellent regional connectivity. Condos in Mississauga are popular with young professionals and downsizers seeking low-maintenance urban living with amenities.