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New4 days ago

912 - 50 Elm Drive E

Mississauga Valleys, Mississauga

$499,900

Condo Apartment |
3 | 2 | 2 | 1
About this home

Bright and spacious corner 9th-floor suite in The Aspenview, located in the heart of Mississauga's established Valley community. This well-maintained unit offers 3 bedrooms and 2full bathrooms with a functional open-concept layout and abundant natural light from multiple exposures. The suite features an enclosed, all-glass balcony with southwest exposure, offering open views from the 9th floor and additional year-round living space. Generous living and dining areas provide flexibility for everyday living and entertaining. The kitchen offers ample cabinetry and workspace. A notable feature is the oversized ensuite laundry room, larger than typically found in condominium units, providing valuable additional storage. The unit also includes central air conditioning, two underground parking spaces, and a locker. Maintenance fees include heat, water, hydro, common elements, building insurance, and parking, offering added convenience and value. The building is well managed and ideally situated close to public transit, shopping, dining, parks, Square One Shopping Centre, and with easy access to major highways. An excellent opportunity for homeowners or investors seeking space, light, and a central Mississauga location.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1200-1399 sq. ft.
Maintenance Fees$1,176
LockerEnsuite+Exclusive
BalconyEnclosed
ExposureEast
Parking TypeUnderground
Parking Spaces2
Parking FeaturesCovered, Private, Underground
Property Tax$2,771
mls© NumberW13625736
Listed ByRoyal LePage Real Estate Associates
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking 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%
$2,559
Property tax
$231
Heat allowance
$150
Condo fees, half counted
$588
Housing costs
$3,528 / mo

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

Down payment20% · $99,980
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,980

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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