30 Elm Drive Unit 2204, Mississauga

Price: $629,000

2 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W12916564

A 22nd Floor 2 Bed 2 Bath Apartment with Parking & Locker at Luxury Edge Towers 2 By Solmar. Will be Mississauga's Best Quality Condo Tower for Years to Come. Stunning Clear South and East View. Fully Integrated Stainless Steel Luxury Kitchen Appliances, And Full-Size Stackable Washer and Dryer. Stainless Steel, Under-Mount Sink, Pull Out Spray Tap, Quartz Countertop, Ceramic Backsplash, And Kitchen Island. Premium Laminate Floors. Ceramic Floors in Bathrooms and Laundry. Short Walk to Square One with World Class Shopping, Celebration Square, Living Arts, City Hall, Centre Library, Adjacent to a Public School Whole Foods, Walmart, And Much More, Plus Future LRT And Cooksville Go Train Station. Amenities Include: A High-End Granite Lobby with Stylish Fireplace and Vaulted Ceilings, 24 Hour Concierge, Galleria, Gym, Yoga Studio, Wi-Fi Lounge, Movie Theatre, Games Room, Party Room with BBQs, And Guest Suites.

30 Elm Drive Unit 2204 - Condo photo 1 of 11 in Mississauga, Ontario
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$629,000 - 30 Elm Drive Unit 2204, Mississauga

Condo for Sale in Mississauga

86 days on market
2Beds
3Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W12916564
Property Type
Condo
Status
active
Days on Site
86
Bedrooms
2
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South East
Balcony
Terrace
Listing Brokerage
CENTURY 21 PROPERTY ZONE REALTY INC.
Description

A 22nd Floor 2 Bed 2 Bath Apartment with Parking & Locker at Luxury Edge Towers 2 By Solmar. Will be Mississauga's Best Quality Condo Tower for Years to Come. Stunning Clear South and East View. Fully Integrated Stainless Steel Luxury Kitchen Appliances, And Full-Size Stackable Washer and Dryer. Stainless Steel, Under-Mount Sink, Pull Out Spray Tap, Quartz Countertop, Ceramic Backsplash, And Kitchen Island. Premium Laminate Floors. Ceramic Floors in Bathrooms and Laundry. Short Walk to Square One with World Class Shopping, Celebration Square, Living Arts, City Hall, Centre Library, Adjacent to a Public School Whole Foods, Walmart, And Much More, Plus Future LRT And Cooksville Go Train Station. Amenities Include: A High-End Granite Lobby with Stylish Fireplace and Vaulted Ceilings, 24 Hour Concierge, Galleria, Gym, Yoga Studio, Wi-Fi Lounge, Movie Theatre, Games Room, Party Room with BBQs, And Guest Suites.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,227.10/mo

Includes CMHC insurance ($17,549)

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5-yr fixed avg.

Principal: $566,100Interest: $384,480
Mortgage Amount$583,649
Total Interest$384,480
Est. Property Tax$446/mo
Total Cost$968,129

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 2204, 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)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$446
Insurance (est.)-$131
Net Cash Flow+$1,168

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $899/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.

Negotiation Opportunity

At 86 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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    30 Elm Drive Unit 2204, Mississauga | $629,000 | Battaglia Team