511 - 55 Elm Drive W

Welcome to your dream apartment for sale in Mississauga , located at 55 Elm Drive W, Mississauga. This splendid condo apartment is nestled in the vibrant City Centre community, making it an ideal choice for those who appreciate convenience and accessibility. With its prime location, you will find yourself just a stone's throw away from the bustling Square One shopping centre, schools, parks, and excellent public transport links.

As you step into this bright and spacious apartment for sale in Mississauga, you will immediately notice the generous layout that offers more space than most newly constructed units. The apartment boasts a total of six rooms, including two well-proportioned bedrooms and a versatile den. The bedrooms are thoughtfully positioned on opposite sides of the suite, providing privacy and comfort, making it perfect for families or couples. The sun-filled den is an added bonus, ideal for a home office or a cosy reading nook.

This apartment for sale in Mississauga features two bathrooms, ensuring convenience for all residents. The main kitchen is designed with functionality in mind, allowing for easy meal preparation and entertaining. Although there is no additional kitchen or family room, the open layout of the living space allows for a seamless flow throughout the apartment.

One of the standout features of this property is the central air conditioning system, ensuring that you remain comfortable throughout the year. While there is no fireplace or pool in the building, the amenities available to residents more than make up for it. The building offers a range of facilities designed to enhance your living experience, including a fitness room and 24-hour security, providing peace of mind and a sense of community.

The apartment is unfurnished, allowing you to personalise the space to your taste and style. Additionally, the underground garage provides two parking spaces, a rare find in the heart of Mississauga, ensuring that you and your guests will always have a place to park. However, please note that there is no central vacuum system, and the property does not include any additional land or basement space.

This apartment for sale in Mississauga is currently tenanted, making it an excellent opportunity for investors looking to buy low and enjoy a steady rental income from day one. With the market's current conditions, properties like this one won't last long, so seize the chance to make this your new home or investment.

In summary, 55 Elm Drive W, Mississauga, offers a fantastic opportunity to own a spacious and well-appointed condo apartment in a prime location. The combination of two bedrooms, a den, and two bathrooms, along with the convenience of central air conditioning and secure underground parking, makes this property a standout choice.

Whether you are a first-time buyer, a growing family, or an investor seeking a lucrative opportunity, this apartment for sale in Mississauga ticks all the boxes. Don’t miss out on the chance to secure your place in the thriving City Centre community. Contact us today to arrange a viewing and discover the potential that awaits you at 55 Elm Drive W, Mississauga.

City Centre in Mississauga is a vibrant and dynamic urban hub that offers a unique blend of modern living and accessibility. This area is characterised by its impressive skyline, featuring high-rise condominiums and office buildings, all set against a backdrop of well-maintained parks and public spaces. With a plethora of shopping options, including the renowned Square One Shopping Centre, as well as diverse dining experiences and cultural attractions, City Centre is an ideal location for those who appreciate the conveniences of city life. The community is well-served by public transport, including the MiWay bus service and the nearby GO Transit, making it easy to connect to Toronto and beyond. Whether you're seeking a lively atmosphere or a place to unwind in green spaces, City Centre offers a balanced lifestyle for its residents.

Schools in the Neighbourhood

This property is conveniently located near a variety of educational institutions, making it an ideal choice for families. Within a short distance, you will find Fairview Public School, an elementary school offering grades K to 5, just 0.4 km away. The Valleys Senior Public School, catering to grades 6 to 8, is located 1.2 km from the property. For secondary education, TL Kennedy Secondary School is 1.4 km away, while Applewood Heights Secondary School, which has a commendable rating of 6.7, is 2.9 km from your doorstep. Additionally, there are several Catholic schools nearby, including Bishop Scalabrini Separate School (0.6 km) and Father Michael Goetz Secondary School (0.9 km), both of which offer strong academic programs. The area also features French language options, such as Burnhamthorpe Public School and Tomken Road Middle School. With a range of educational choices available, including both public and Catholic schools, parents can feel confident in the quality of education their children will receive. This diverse educational landscape enhances the appeal of the property, ensuring that families have access to excellent schooling options within a convenient distance.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a population of 1,952 residents, with an average household size of 2.2. The community has a relatively mature demographic, with an average age of 44.7 years. The average household income stands at $90,200, although 15.8% of the population is classified as low-income. The real estate market is characterized by an average property price of $547,000, with a significant portion of the population being single (44.57%) and nearly 40% of households having children (39.82%). A notable aspect of the community is its diversity, with 66.67% of residents being immigrants. The rental market comprises 27.07% of the population, and all housing options are condos, indicating a high density of multi-family dwellings. Education levels are commendable, with 65.12% of residents holding a college or university degree. However, a significant portion of the population (41.57%) is not in the labor force, which may reflect various socio-economic factors. Overall, this area presents a unique blend of demographics, contributing to its vibrant community atmosphere.