30 Elm Drive Unit 2202, Mississauga

Price: $669,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W12900392

Welcome to an exceptional 2-bedroom, 2-bathroom condo at Edge Towers II by Solmar, complete with parking and a locker and boasting over $60,000 in premium upgrades-a rare find in today's market. This true turn-key residence features a thoughtfully designed layout enhanced by high-end finishes throughout. Highlights include a 7-foot centre island with waterfall countertops, built-in appliances with custom cabinetry, a designer backsplash, and a striking accent wall. Additional upgrades include refinished shower base tiles, custom bedroom closet organizers, electronic window coverings, and much more-every detail carefully selected to elevate both style and functionality.Ideal for young families, professional couples, or discerning individuals, this condo offers modern luxury without compromise. Perfectly situated in a prime Mississauga location, just steps to the new LRT, 7 minutes to Cooksville GO Station, and walking distance to Square One, dining, parks, and everyday amenities. A rare, extensively upgraded condo in one of Mississauga's most exciting developments-this is an ideal opportunity to purchase a standout home offering exceptional value and lifestyle.

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$669,000 - 30 Elm Drive Unit 2202, Mississauga

Condo for Sale in Mississauga

2Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W12900392
Property Type
Condo
Status
active
Days on Site
17
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
RE/MAX MILLENNIUM REAL ESTATE
Description

Welcome to an exceptional 2-bedroom, 2-bathroom condo at Edge Towers II by Solmar, complete with parking and a locker and boasting over $60,000 in premium upgrades-a rare find in today's market. This true turn-key residence features a thoughtfully designed layout enhanced by high-end finishes throughout. Highlights include a 7-foot centre island with waterfall countertops, built-in appliances with custom cabinetry, a designer backsplash, and a striking accent wall. Additional upgrades include refinished shower base tiles, custom bedroom closet organizers, electronic window coverings, and much more-every detail carefully selected to elevate both style and functionality.Ideal for young families, professional couples, or discerning individuals, this condo offers modern luxury without compromise. Perfectly situated in a prime Mississauga location, just steps to the new LRT, 7 minutes to Cooksville GO Station, and walking distance to Square One, dining, parks, and everyday amenities. A rare, extensively upgraded condo in one of Mississauga's most exciting developments-this is an ideal opportunity to purchase a standout home offering exceptional value and lifestyle.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,432.32/mo

Includes CMHC insurance ($18,665)

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5-yr fixed avg.

Principal: $602,100Interest: $408,930
Mortgage Amount$620,765
Total Interest$408,930
Est. Property Tax$474/mo
Total Cost$1,029,695

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.

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Neighbourhood Guide: Mississauga

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

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

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.

70
Walk Score
Varies
Price Range

30 Elm Drive Unit 2202, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$474
Insurance (est.)-$139
Net Cash Flow+$1,132

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 Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $956/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 17 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 $2,788 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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