55 Elm Drive W
Building Details
Listing History for Towne Two Condos
Amenities
Maintenance Fees
About 55 Elm Drive W — Towne Two Condos
Anyone who’s seeking a Mississauga condo for sale should consider Towne Two Condos at 55 Elm Drive W. Tridel completed this building back in 1990, but unlike other buildings of that age, maintenance fees are higher than average at $0.75 per-square-foot. The 23-storey building is home to 327 suites with units ranging between 536 and 2000 square feet.
This condo has a Walk Score of 80 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.75 per-square-foot, which is higher than the neighbourhood average of $0.71 per-square-foot.
The Suites
On average, units at 55 Elm Drive W sell -2.77% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $505 and units sell with 31 days on market on average. Over the past 12 months, 10 have sold and 18 have have been rented here.
The Neighbourhood
Living here means you’re just a 5-minute walk from We Eats Canada, Bombay Frankie - The Original Bombay Roll and The Wave Bar and Lounge, making it easy to dazzle your taste buds without much effort. In the mornings, become a regular at Flavaco Coffee & Snacks, a quick 2-minute walk from Towne Two Condos.
There are a number of grocery stores within a short drive, including Metro, Al Quds Markets and Walmart Grocery Pickup.
There are a number of banks within a short drive, including BMO Bank of Montreal and Scotiabank for all your investment needs.
Residents at this condo are also just a short drive away from green spaces such as Cooksville creek trail, Linear Park and Garden of the Valley.
Enhance your personal style while living in the Fairview - Mississauga neighbourhood by visiting Enfield Place Retail and Iona Plaza.
If you’re tired of the usual neighbourhood attractions, then perhaps having Art Gallery of Mississauga less than a 2-minute drive away will give you a lift. Untitled Spaces at Square One is just a short drive away for movie nights.
Towne Two Condos is a short drive away from Saint Philip Elementary School, giving you plenty of choice for your child’s education.
Transportation
Transit users will need to trek a bit to Mississauga City Centre Terminal - Arrival, the nearest light transit stop. Kipling isn’t within a close walking distance, but you can drive there in about 27 minutes.
If you’re interested in checking out other similar condos within walking distance, you might like 33 Elm Drive W, 1 Elm Drive W and 156 Enfield Place.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Towne Two Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 55 Elm Drive W
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 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 |
Price Range | $2,299 - $2,600 | $2,400 - $2,750 | $2,800 - $2,850 | $3,050 - $3,500 | $3,300 |
Avg. Wait for Unit Availability | 65 Days | 98 Days | 93 Days | 78 Days | 1394 Days |
Avg. Wait for Unit Availability | 84 Days | 103 Days | 235 Days | 136 Days | 1027 Days |
Ratio of Units in Building | 28% | 25% | 25% | 22% | 2% |
Unit Sales vs Inventory
Total number of units listed and sold in Fairview - Mississauga