Year Built
1990
High-Rise Condo
Towne Two Condos
by Tridel
55 Elm Drive W, Mississauga, ON L5B 3Z3
Total Units
327
Avg $/sqft
$472
Storeys
23
Available Units in Towne Two Condos
3
Units for sale
From $470,000
For SalePanoramic Views
Listed for:
Listed Jun 23, 2026
$470,000
Unit 1601, 55 Elm Drive W
Mississauga (City Centre), ON L5B 3Z3
1 + 1Bedrooms
2Bathrooms
1Parking
800-899Sq Ft
Condo ApartmentFor Sale
1
Unit for rent
From $2,400/mo
Live MLS · Updated daily
Overview
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 $0.79 per-square-foot. The 23-storey building is home to 327 suites with units ranging between 535 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 $0.79 per-square-foot, which is lower than the neighbourhood average of $0.80 per-square-foot.
Developer
Tridel
Year Built
1990
Property Type
High-Rise Condo
Storeys
23
Total Units
327
Management
Del Property Management Inc.
Amenities
Indoor Pool
Fitness Centre
Sauna
Rooftop Garden
Visitor Parking
Squash Court
Party Room
24/7 Concierge
Tennis Court
Price History
98 recordsLoading history…
Market Stats
Prices in Towne Two Condos are down 5.8% compared to last year.
$472
Avg $/sqft
-5.8%
YoY change
42
Avg days on market
Location & Walkability
Walk Score
80/100
Daily errands on foot
Transit Score
77/100
TTC, GO, subway access
Bike Score
66/100
Bike lanes & infrastructure
Neighbourhood in Mississauga
Fairview - Mississauga
family-friendly community-oriented suburban accessible
Fairview is a neighbourhood in Mississauga, Ontario, offering a mix of amenities and services. It is well-equipped for families and individuals looking for a community feel.
At a glance
What it costsAffordability
Median asking price
In Mississauga
$869,900
In Ontario
$716,900
Median monthly rent
In Mississauga
$2,600
In Ontario
$2,499
On the marketMarket snapshot
For sale
0
For rent
0
Recently sold
Sign in to see sold data
Recently leased
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Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Family-friendly environment
- Good school ratings
- Variety of dining options
- Access to green spaces
Keep in mind
- No current homes for sale or rent
- Limited public transit options
The feel of the placeLifestyle
Residents enjoy a suburban lifestyle with access to parks and local shops. Daily life includes community activities and family-oriented events.
Great for families first-time buyers commuters
The areaWhat's nearby
Not enough verified data yet. We count schools, parks, transit and shops inside Fairview - Mississauga's real boundary and publish the numbers only once that count is confirmed — an estimate here would be worse than nothing.
The peopleWho lives here
505
Population (2021)
0.1 km²
Area
5,190
People per km²
44.4
Median age
$124,000
Median income
87%
Own their home
3.2
People per household
155
Households
Every age
- Children (under 15)12.7%
- Working age (15–64)70.6%
- Seniors (65+)16.7%
What is built here
- Detached houses71%
- Duplexes12.9%
- Low-rise apartments12.9%
Own or rent
87%Owners
19%Renters
Across 155 households
When it was built
Mostly 1991–2000
- 1960 or earlier0%
- 1961–198026%
- 1981–199026%
- 1991–200029%
- 2001–200510%
- 2006–20107%
- 2011–20150%
- 2016–20210%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 61.6%
- Born outside Canada
- 31.9%
- Hold a degree or higher
- 48.4%
- Employment rate
- 18.2%
- Commute by transit
- 75.8%
- Commute by car
- 1.9
- Children per family
- $111,000
- Median income after tax
- $138,000
- Average household income
- 7.2%
- Living on a low income
- $1,180/mo
- Owners pay, per month
- $1,000,000
- Median home value at census
- 0%
- Renters spending 30%+ of income on housing
- 11.5%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 1 census area around the listings we hold here. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, © OpenStreetMap contributors (ODbL)
