Maintenance Fees
Towne Two Condos vs The Fairview - Mississauga Area
1112 - 55 Elm Dr Elm Dr W
$554,9902 bds2 ba2 pk1,260 sqft
For SaleTowne Two Condos
5.0
37 Days on Strata
$554,990
Price Cut: $639,000
Price Cut: $639,000
2 Beds + 1
2 Bath
2 Parking
1,260 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$1,061/mth
Taxes:
$3,077 (2024)
Cost Per Sqft:
$440/sqft
Outdoor Space:
Enclosed/Solarium
Locker:
Owned
Exposure:
South West
Possession Date:
April 3, 2025
Amenities
Squash Court
Visitor Parking
Concierge
Indoor Pool
Games Room
Security System
Rec Room
Party Room
Rooftop Deck
Sauna
Guest Suites
Bike Storage
Gym
BBQs Allowed
Tennis Court
Media Room
About this Listing
Introducing unit 1112 at 55 Elm Dr West in the heart of Mississauga City Centre. This spacious 2-bedroom, 2-bathroom condo is located in a gated condo community and offers 1260 sq.ft of total finished living space stunning views of the city. Offers a very convenience location to all essential amenities, including the renowned Square One Shopping Mall. Easy access to Highway 403, and outdoor enthusiasts will appreciate the nearby parks and green spaces. This unit also comes with two parking spaces, which makes parking very convenient. This unit provides the perfect blend of comfort, convenience, and a vibrant urban lifestyle. Enjoy everything this condo building has to offer, from its security, visitor parking, gym, indoor pool, party room and more ! Newly painted (2024), new Appliances (2025) new light fixtures (2025). **EXTRAS** The monthly maintenance fee covers hydro (electricity), water, heating, air conditioning, and cable TV .
ExtrasNew Appliances including: Stove, fridge, DW , White washer and Dryer, Existing Blinds( as is), Existing curtains and Rods( as is). (All Fixtures & Chattels As Is)
right at home realty, brokerageMLS® #W12001047
Fees & Utilities
Maintenance Fees
Included in Fees
Hydro
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate
14.44 x 14.11ft
Dining
Laminate
11.81 x 10.17ft
Kitchen
Stainless Steel Appliances
8.2 x 8.33ft
Bedroomeakfast
8.2 x 6.56ft
Bedroom
Built-in Closet
17.72 x 10.5ft
2nd Bedroom
12.8 x 10.5ft
Buyer's Market
Balanced
Seller's Market
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Explore Fairview - Mississauga
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8/10
Walkability
You’re in stride with amenities—most of your needs are just a playlist away.
7/10
Transit
Transit's there for you, like a loyal golden retriever.
6/10
Bikeability
The bike lane starts to feel like a second home.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
11,109
Average Individual Income
$56,148
Average Household Size
3 persons
Average Age
36
Average Household Income
$106,466
Dominant Housing Type
Semi Detached
Population By Age
Household Income
Housing Types & Tenancy
Semi Detached
48%
High Rise Apartment
21%
Detached
19%
Low Rise Apartment
7%
Duplex
2%
Marital Status
Commute
Languages (Primary Language)
English
76%
Other
9%
Punjabi
7%
Hindi
2%
Spanish
2%
Urdu
2%
Tagalog
1%
Gujarati
1%
Education
High School
33%
University and Above
23%
College
20%
None
16%
Apprenticeship
3%
University Below Batchelor
2%
Major Field of Study
Business Management
30%
Architecture & Engineering
19%
Social Sciences
11%
Health & Related Fields
10%
Humanities
6%
Math & Computer Sciences
6%
Personal, Protective & Transportation Services
4%
Physical Sciences
3%
Education
3%
Visual & Performing Arts
2%
Agriculture & Natural Resources
1%
Building Trends At Towne Two Condos
Days on Strata
Units at Towne Two Condos spend an average of
42
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Fairview - Mississauga
Turnover of Units
On average, each unit is owned for
8.4
YEARS before being sold againProperty Value
-31%
Decrease in property value within the past twelve months
Price Ranking
15th
Highest price per SQFT out of 19 condos in the Fairview - Mississauga area
Sold Units
7
Units were Sold over the past twelve months
Rented Units
15
Units were Rented over the past twelve months
Best Value Rank
Towne Two Condos offers the best value out of 19 condos in the Fairview - Mississauga neighbourhood
?
Appreciation Rank
Towne Two Condos has the highest ROI out of 19 condos in the Fairview - Mississauga neighbourhood
?
Rental Yield
Towne Two Condos yields the highest rent prices out of 19 condos in the Fairview - Mississauga neighbourhood
?
High Demand
Towne Two Condos is the most popular building out of 19 condos in the Fairview - Mississauga neighbourhood
?
Market Insights
Transaction Insights at Towne Two Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | No Data | $521,000 | $591,000 - $645,000 | $525,000 - $653,000 | $721,000 |
| Avg. Cost Per Sqft | No Data | $508 | $505 | $519 | $441 |
| Price Range | $2,100 - $2,350 | $2,400 - $2,750 | $2,650 - $2,800 | $3,050 - $3,500 | No Data |
| Avg. Wait for Unit Availability | 64 Days | 95 Days | 100 Days | 78 Days | 1394 Days |
| Avg. Wait for Unit Availability | 86 Days | 107 Days | 222 Days | 137 Days | 1027 Days |
| Ratio of Units in Building | 29% | 23% | 25% | 23% | 2% |
Market Inventory
Total number of units listed and sold in Fairview - Mississauga
