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New2 hours ago

1911 - 50 Elm Drive E

Mississauga Valleys, Mississauga

$569,000

Condo Apartment |
2 + 1 | 2 | 2 | 1
About this home

Welcome to 50 Elm Drive East, Suite 1911, an exceptionally spacious 2+1 bedroom, 2-bathroom condominium offering approximately 1,348 sq. ft. of comfortable living space in the heart of Mississauga! Perched on a high floor with desirable southeast exposure, this bright and inviting suite showcases breathtaking views of Lake Ontario and the Toronto skyline. Step inside to discover a thoughtfully designed layout with generous principal rooms, oversized windows, and abundant natural light throughout. The beautifully renovated eat-in kitchen (2017) features updated cabinetry, modern finishes, and upgraded appliances, including a newer dishwasher (2022) and microwave (2023). The expansive open-concept living and dining areas provide an ideal setting for entertaining, with a walkout to the enclosed balcony where you can relax and take in the spectacular views. The spacious primary retreat features a walk-in closet and private 4-piece ensuite, while the second bedroom offers generous closet space and a large window. A separate, light-filled den provides excellent flexibility as a home office, guest room, or additional sitting area. A standout feature is the full in-suite laundry room, complete with a washer (2017), newer dryer (2024), and additional space for everyday convenience. Further highlights include updated flooring (2017), two exclusive underground parking spaces conveniently located immediately beside the building entrance, and a large owned storage locker. Residents enjoy fantastic amenities including an exercise room, party room, tennis court, and visitor parking. Maintenance fees include heat, hydro, water, and central air conditioning. Ideally situated near Square One, shopping, restaurants, parks, public transit, and major commuter routes. A rare opportunity to enjoy generous living space, incredible views, and exceptional convenience in a prime Mississauga location!

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1200-1399 sq. ft.
Maintenance Fees$1,176
LockerOwned
BalconyEnclosed
ExposureSouth East
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$2,833
mls© NumberW14160306
Listed ByRE/MAX ESCARPMENT REALTY INC.
Heat Included
Hydro Included
Water Included
CAC Included
Building Insurance Included

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,912
Property tax
$236
Heat allowance
$150
Condo fees, half counted
$588
Housing costs
$3,887 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $113,800
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,394 / mo
Cash down
$113,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

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