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New5 hours ago

1507 - 50 ELM Drive E

Mississauga Valleys, Mississauga

$569,900

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

Welcome to this bright, beautifully maintained, and thoughtfully designed 3-bedroom apartment, ideally located just steps from downtown Mississauga! This spacious home offers 3 bedrooms, 2 bathrooms, new flooring, newer appliances (including a brand-new 2026 fridge), ensuite laundry, a large pantry, and a private balcony with stunning, unobstructed views of the city. Comes with the All-inclusive maintenance fee, two underground parking spaces and a locker for additional storage. Freshly painted and move-in ready. Enjoy being minutes away from Square One Shopping Centre, grocery stores, restaurants, parks, community centres, Living Arts Centre, public transit, schools, hospitals, and the upcoming Hurontario LRT. Commuters will appreciate the easy access to major highways, making travel throughout Mississauga and the GTA convenient. A fantastic opportunity to enjoy spacious living in one of Mississauga's most convenient locations!

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,176
LockerExclusive
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$2,940
mls© NumberW13797338
Listed ByREALTY 7 LTD.
Heat Included
Water Included
Hydro Included
CAC Included
Parking Included
Building Insurance Included
Common Elements Included

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,917
Property tax
$245
Heat allowance
$150
Condo fees, half counted
$588
Housing costs
$3,900 / mo

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

Down payment20% · $113,980
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,398 / mo
Cash down
$113,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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