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    Mississauga / Fairview - Mississauga

    1408 - 55 Elm Dr

    For RentTowne Two Condos
    $2,500/mth
    1 Bed + 1
    2 Bath
    1 Parking
    837 SQFT
    20 Days on Strata
    Est Lease Timeframe
    20 Days

    Listing History

    Unit Highlights

    Possession Date:
    January 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    Yes
    Outdoor Space:
    None
    Furnished:
    Yes
    Exposure:
    North East
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    L-Shaped Room, Combined with Dining
    19.1 x 10.6ft
    Dining
    Formal Room, Combined with Living
    9.81 x 9.58ft
    Kitchen
    Family Size Kitchen, Open Concept
    12.27 x 7.87ft

    About this Listing

    Centrally Located. One Of The Largest 1 Br W/2 Washrooms Unit. Large Ensuite Laundry W/Storage. Spacious Primary Bedroom. Eat- In Kitchen. Bright Sun Filled Unit. Walking Distance To Square 1, City Hall Celebration Square. Library, Loving Arts Centre, Schools, Easy Access To 403 And Go Transit. 24 Hour Gated Security, Tennis Court, Visitor Parking, And Great Amenities. Lovely Quiet Tridel Building. All Utilities Included.

    homelife/miracle realty ltdMLS® #W11825153

    Amenities

    Media Room
    Party Room
    Concierge
    Security System
    Rooftop Deck
    Indoor Pool

    Explore Neighbourhood

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    11,109
    Average Individual Income
    $56,148
    Average Household Size
    3 persons
    Average Age
    36
    Average Household Income
    $106,466
    Dominant Housing Type
    Semi Detached
    Population By Age
    0 - 14
    18%
    20 - 34
    27%
    35 - 49
    21%
    50 - 64
    20%
    65+
    12%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    30%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Semi Detached
    48%
    High Rise Apartment
    21%
    Detached
    19%
    Low Rise Apartment
    7%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    76%
    Other
    9%
    Punjabi
    7%
    Hindi
    2%
    Spanish
    2%
    Urdu
    2%
    Tagalog
    1%
    Gujarati
    1%
    Education
    High School
    33%
    University and Above
    23%
    College
    20%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    30%
    Architecture & Engineering
    19%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Humanities
    6%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    3%
    Education
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Towne Two Condos vs The Fairview - Mississauga Area

    Building Trends At Towne Two Condos

    Days on Strata

    Units at Towne Two Condos spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Fairview - Mississauga

    Turnover of Units

    On average, each unit is owned for
    8.4
    YEARS before being sold again

    Property Value

    -16%
    Decrease in property value within the past twelve months

    Price Ranking

    16th
    Highest price per SQFT out of 19 condos in the Fairview - Mississauga area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    17
    Units were Rented over the past twelve months

    Best Value Rank

    Towne Two Condos offers the
    ?
    best value out of 19 condos in the Fairview - Mississauga neighbourhood

    Appreciation Rank

    Towne Two Condos has the
    ?
    highest ROI out of 19 condos in the Fairview - Mississauga neighbourhood

    Rental Yield

    Towne Two Condos yields the
    ?
    highest rent prices out of 19 condos in the Fairview - Mississauga neighbourhood

    High Demand

    Towne Two Condos is the
    ?
    most popular building out of 19 condos in the Fairview - Mississauga neighbourhood

    Transaction Insights at 55 Elm Drive W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$450,000 - $515,000$521,000$591,000 - $645,000$525,000 - $653,000$721,000
    Avg. Cost Per Sqft$738$508$504$521$441
    Avg. Wait for Unit Availability65 Days98 Days93 Days78 Days1394 Days
    Ratio of Units in Building28%25%25%22%2%

    Transactions vs Inventory

    Total number of units listed and leased in Fairview - Mississauga