Maintenance Fees
Towne Two Condos vs The Fairview - Mississauga Area
1207 - 55 ELM Dr
$549,9002 bds2 ba2 pk841 sqft
For SaleTowne Two Condos
5.0
12 Days on Strata
$549,900
2 Beds
2 Bath
2 Parking
841 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$720/mth
Taxes:
$2,310 (2024)
Cost Per Sqft:
$654/sqft
Outdoor Space:
None
Locker:
Owned
Exposure:
East
Possession Date:
June 1, 2025
Laundry:
Main
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
Beautiful 2 Bedroom Renovated Condo in the Heart of Mississauga! Newer Kitchen and Open Concept Dining/Living Room. Low Maintenance, with Facilities and Cable Included. Extraordinary Amenities are 10 out of 10! Feature Include a 24 Hour Gate House, Indoor Pool, Hot Tub, Gym, Tennis Court & Library/Movie Room. Large Locker and 2 Side by Side Parking Spaces Included. Walking Distance to Square One Mall, Restaurants, Go Transit, Library, and Easy Access to Hwys 403 an 401.
ExtrasAll Existing Appliances, All Electrical Light Fixtures, All Existing Window Coverings. Maintenance Fees are all Utilities Inclusive!
homelife/response realty inc.MLS® #W12047741
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
Combined with Dining, Laminate
16.41 x 11.81ft
Dining
Laminate
16.41 x 11.81ft
Kitchen
Quartz Counter, Renovated
9.97 x 8.2ft
Primary
Laminate
16.57 x 9.97ft
2nd Bedroom
Laminate
10.99 x 6.69ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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
