1 Elm Dr 1607
City Centre, Mississauga, L5B 4M1
FOR SALE
$499,000
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Property Description
Your Dream Condo Awaits at 1 Elm Dr, Mississauga! One of the maintained building with very low condo fees. Discover this beautifully maintained 2-bedroom, 1-bathroom condo in one of Mississauga's most sought-after buildings with exceptionally low condo fees. Enjoy the luxury of a private walk-out balcony, 2 storage lockers (a rare find), and an underground parking spot. This condo has been thoughtfully updated with a custom-made countertop and is impeccably maintained by the seller. The building boasts an incredible range of amenities, including: Gym, Swimming pool & hot tub, Sauna, Yoga Room, Library, Party hall & Guest room, Foosball, table tennis, and more! Location is everything, and this condo delivers. Just 2 minutes from Square One, Kariya Park, and Mohawk College, with the upcoming LRT connecting Brampton to Cooksville set to make commuting a breeze.
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Extras
Don't miss out on this prime Mississauga location and exceptional value!
Nearby Intersections
Hurontario & Central (126)
Property Features
Arts Centre, Hospital, Lake Backlot, Library, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,338 (2024)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P3)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Br | Main | 9.84' x 11.94' | Broadloom, Closet |
2nd Br | Main | 7.45' x 7.45' | Broadloom |
Living | Main | 9.94' x 17.62' | Combined W/Dining, W/O To Balcony |
Dining | Main | 9.94' x 17.62' | Hardwood Floor, Combined W/Dining |
Kitchen | Main | 9.94' x 8.20' | Hardwood Floor, Combined W/Dining |
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Mississauga Market Statistics
Mississauga Price Trend
1 Elm Dr 1607 is a 1-bedroom 1-bathroom condo listed for sale at $499,000, which is $21,543 (4.1%) lower than the average sold price of $520,543 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 1 bedroom condo in Mississauga increased by $5,527 (1.1%) compared to the previous 30 day period (October 4 - November 2) and down $27,065 (4.9%) from the same time one year ago.Inventory Change
There were 128 1-bedroom condos listed in Mississauga over the last 30 days (November 3 - December 2), which is up 3.2% compared with the previous 30 day period (October 4 - November 2) and up 9.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Mississauga typically sold ($10,356) (2.0%) below asking price over the last 30 days (November 3 - December 2), which represents a $3,045 increase compared to the previous 30 day period (October 4 - November 2) and ($12,389) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Mississauga over the last 30 days (November 3 - December 2) stood at 35.9%, down from 49.2% over the previous 30 days (October 4 - November 2) and up from 29.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Mississauga stood at 43 days when successfully sold over the last 30 days (November 3 - December 2), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Flower City Realty
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