| Heat Included | |
| Water Included | |
| Hydro Included | |
| CAC Included | |
| Parking Included | |
| Building Insurance Included | |
| Common Elements Included |













































1507 - 50 ELM Drive E
Mississauga Valleys, Mississauga
$569,900
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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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 1200-1399 sq. ft. |
| Maintenance Fees | $1,176 |
| Locker | Exclusive |
| Balcony | Open |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 2 |
| Parking Features | None |
| Property Tax | $2,940 |
| mls© Number | W13797338 |
| Listed By | REALTY 7 LTD. |
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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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