$584,900 - 30 Elm Drive Unit 1102, Mississauga
New Construction for Sale in Mississauga
45 days on market- MLS Number
- W12649882
- Property Type
- New Construction
- Status
- active
- Days on Site
- 45
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- ~700 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Lowest Price in the Building, Location, Location and Location, Less than One Year Old, NW Exposure Corner Suite. Bright & Spacious 2 Bedroom, 2 Washroom with 1 Parking and 1 Locker in Mississauga's newest luxury condominium(Edge Tower-2). Strategically located in the heart of the vibrant downtown corridor, Just steps from the future Hurontario LRT. This elegant, carpet-free home of 721 Sq Ft boasts a bright open-concept living area, a modern kitchen with fully integrated refrigerator and dishwasher, European style designer hood fan, quartz countertop, backsplash, center island, 9' high ceilings, and floor-to-ceiling windows/doors. Private balcony of 32 sq ft with stunning city views. Primary bedroom with large walk-in closet, Ensuite bathroom, and full-size stackable washer and dryer. Premium laminate floors, ceramic floors in bathrooms and laundry. Upscale hotel-style lobby offers a suite of amenities, including 24-hour concierge service, 2 luxury guest suites, Wi-Fi lounge, state-of-the-art movie theater, engaging billiards/game room, vibrant party rooms, state-of-the-art gym and yoga studio, and a rooftop terrace adorned with fireplaces and BBQ areas. Walk to Square One, the main transit terminal, GO buses, Living Arts, Sheridan College, Celebration Square, the Central Library, YMCA, Cineplex, banks, restaurants, and shops. This excellent location in Mississauga's downtown is also close to Cooksville GO, 403/401/QEW, Port Credit, and many other attractions. Do not pass up this lifetime opportunity. Maintenance fee cover bell high speed internet, maintenance of parking and locker.
Estimate your monthly payments for this property
Estimated Payment
$3,000.84/mo
Includes CMHC insurance ($16,319)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
30 Elm Drive Unit 1102, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 25+ years of GTA real estate experience
Fair Market Value
At $836/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 45 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,437 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.