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New3 hours ago

2705 - 1 Elm Drive W

City Centre, Mississauga

$574,900

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

Presenting a rare corner two-bedroom condo that perfectly combines space, natural light, and stunning views in the heart of Mississauga's vibrant City Centre. This well-planned split-bedroom layout is enhanced by rich solid hardwood flooring and soaring 9-foot ceilings, creating an atmosphere of effortless elegance. The space flows from a bright living and dining area, framed by large windows that open onto a walkout balcony-offering south-facing panoramic views stretching from the downtown Toronto skyline to the shimmering waters of Lake Ontario, like a living postcard. The primary suite serves as a private retreat, complete with a sleek ensuite bath, while a second full bathroom accommodates the generously sized second bedroom. Every corner of this home has been freshly painted and carefully maintained by the original owner, ensuring a spotless, move-in-ready experience-with the added convenience of in-suite laundry and zero carpeting throughout. Beyond the unit itself, life here is defined by luxury and convenience. Residents enjoy access to top-tier amenities: a fitness center, sauna, indoor pool, party room, games room, and the reassurance of 24-hour security. Perfectly located just steps from the future LRT, GO Transit, Square One Shopping Centre, and highways QEW/403, this address offers unmatched connectivity. Nestled in a family-friendly neighborhood with schools and daycares within walking distance, this well-managed Daniels building also offers spectacular skyline views and seasonal fireworks from your private balcony. Parking and locker are included. This spotless corner unit is an exceptional opportunity for first-time buyers, investors, or downsizers alike. Easy to show. LOW MAINTENANCE!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size800-899 sq. ft.
Maintenance Fees$597
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,224
mls© NumberW13811168
Listed BySUTTON GROUP QUANTUM REALTY INC.
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,943
Property tax
$269
Heat allowance
$150
Condo fees, half counted
$298
Housing costs
$3,660 / mo

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

Down payment20% · $114,980
25-yr amortization

Income needed

$113,000

gross annual household income

Payment at 4%
$2,419 / mo
Cash down
$114,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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