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    Mississauga / Fairview - Mississauga

    1607 - 1 Elm Dr

    For SaleOne City Centre Condos
    $549,000
    Price Increase: $499,000
    1 Bed + 1
    1 Bath
    1 Parking
    624 SQFT
    27 Days on Strata
    Est Sell Timeframe
    28 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $471/mth
    Taxes:
    $2,338 (2024)
    Cost Per Sqft:
    $880/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    December 31, 2024
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Bedroom
    Carpet, Closet
    11.94 x 9.84ft
    2nd Bedroom
    Carpet
    7.45 x 7.45ft
    Living
    Combined with Dining, Walkout To Balcony
    17.62 x 9.94ft

    About this Listing

    Your Dream Condo Awaits at 1 Elm Dr, Mississauga! One of the maintained building with very low condo fees. Discover this beautifully maintained 2-bedroom, 1-bathroom condo in one of Mississauga's most sought-after buildings with exceptionally low condo fees. Enjoy the luxury of a private walk-out balcony, 2 storage lockers (a rare find), and an underground parking spot. This condo has been thoughtfully updated with a custom-made countertop and is impeccably maintained by the seller. The building boasts an incredible range of amenities, including: Gym, Swimming pool & hot tub, Sauna, Yoga Room, Library, Party hall & Guest room, Foosball, table tennis, and more! Location is everything, and this condo delivers. Just 2 minutes from Square One, Kariya Park, and Mohawk College, with the upcoming LRT connecting Brampton to Cooksville set to make commuting a breeze.

    ExtrasDon't miss out on this prime Mississauga location and exceptional value!

    royal lepage flower city realtyMLS® #W11063472

    Amenities

    Concierge
    Outdoor Pool
    Indoor Parking
    Indoor Pool
    Party Room
    Rec Room

    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    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

    One City Centre Condos vs The Fairview - Mississauga Area

    Building Trends At One City Centre Condos

    Days on Strata

    Units at One City Centre Condos spend an average of
    46
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire 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
    5.3
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 19 condos in the Fairview - Mississauga area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    31
    Units were Rented over the past twelve months

    Best Value Rank

    One City Centre Condos offers the
    ?
    best value out of 19 condos in the Fairview - Mississauga neighbourhood

    Appreciation Rank

    One City Centre Condos has the
    ?
    highest ROI out of 19 condos in the Fairview - Mississauga neighbourhood

    Rental Yield

    One City Centre Condos yields the
    ?
    highest rent prices out of 19 condos in the Fairview - Mississauga neighbourhood

    High Demand

    One City Centre Condos is the
    ?
    most popular building out of 19 condos in the Fairview - Mississauga neighbourhood

    Transaction Insights at 1 Elm Drive W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$520,000 - $594,000$602,500 - $643,000$710,600No Data
    Avg. Cost Per SqftNo Data$786$717$864No Data
    Avg. Wait for Unit AvailabilityNo Data27 Days49 Days542 DaysNo Data
    Ratio of Units in Building2%63%31%6%1%

    Transactions vs Inventory

    Total number of units listed and sold in Fairview - Mississauga