308-30 Elm Drive, Mississauga, ON
Fairview, Mississauga · MLS® W13686266
About this home
In short
- Welcome to Suite 308 at Edge Towers, where contemporary design meets exceptional outdoor living in the heart of Mississauga.
- This brand-new 2-bedroom, 2-bathroom residence features a rare approximately 600 sqft private terrace-an incredible extension of the living space with ample foom for...
- The thoughtfully designed open-concept interior features 9-foot smooth ceilings, premium laminate flooring and floor-to-ceiling windows providing abundant natural light.
- Excellent connectivity to Highways 403, 401 and QEW, Cookaville Go Station and the Hurontario LRT.
- A rare opportunity to own a brand-new 2-bedroom residence with approximately 600 sq ft of private outdoor space, modern finishes and outstanding amenities at Edge Towers.
Welcome to Suite 308 at Edge Towers, where contemporary design meets exceptional outdoor living in the heart of Mississauga. This brand-new 2-bedroom, 2-bathroom residence features a rare approximately 600 sqft private terrace-an incredible extension of the living space with ample foom for outdoor dining. lounging and entertaining.The thoughtfully designed open-concept interior features 9-foot smooth ceilings, premium laminate flooring and floor-to-ceiling windows providing abundant natural light. The contemporary kitchen is finished with quartz countertops, ceramic backsplash, centre island, stainless steel undermount sink with pull-out spray faucet, and a full package of integrated or stainless steel luxury appliances. A full-size stacked washer and dryers, one parking space end one locker are included. Ideally located in the heart of Mississauga, Just moments from Square One Shopping Centre, Celebration Square, Whole Foods, restaurants, cafes, parks and everyday conveniences. Excellent connectivity to Highways 403, 401 and QEW, Cookaville Go Station and the Hurontario LRT. A rare opportunity to own a brand-new 2-bedroom residence with approximately 600 sq ft of private outdoor space, modern finishes and outstanding amenities at Edge Towers.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13686266
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 900-999 sq ft
- Cross streets
- Hurontario & Burnamthrope
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $817/mo
- Exposure
- South West
- Property tax
- $5,081 / 2025
- Days on market
- 34
- Listing brokerage
- RE/MAX REALTY SERVICES INC.
Rooms
laminate · 2 way fireplace · 2 way fireplace
4 pc ensuite · walk-in closet(s) · 2 way fireplace
laminate · open concept · south view
quartz counter · centre island · undermount sink
laminate · 2 way fireplace · closet
Listed at $698,800. Going by how homes in Fairview and the wider GTA have actually closed against their asking prices (about 98%, 9 local closings in 90 days), the likely sale price is near $682K, if it sells. A realistic range is $643K to $738K.
Independent value check: $637K. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $593K and $670K).
Why $637K. The typical condo sold in Fairview over the past year went for about $475K (30 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $5,080 a year; the typical home sold here pays about $3,100.
- ▲ Raises it stronglyIt is 900 to 999 sq ft; the typical home sold here is 600 to 699.
- ▲ Raises it2 bedrooms and 2 baths, against 1+1 and 2 typically.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $682K, from 9 recent closings in this pocket.
The market behind the math:
About 4 months of inventory: 12 condo apartment homes for sale in the area against 9 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $736/sqft against an area asking average of $691/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $724K. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Open-concept layout: modern, sought-after flow. Lifestyle
Based on 9 comparable homes that sold in Fairview over the past two years, from 139 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $666/sqft; this home lists at $736/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
Fairview, Mississauga, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Mississauga.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $559,040 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,060
- Property tax
- $423
- Condo / maintenance fees
- $817
- Heating
- $0
- Estimated monthly cost
- $4,300
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,451
- Estimated closing costs
- $10,451
Plus your down payment of $139,760. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $183,602
- Principal paid down
- $69,121
- Interest paid
- $114,481
- Balance remaining
- $489,919
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in Fairview signed at a median of $2,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,033. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTY SERVICES INC.. MLS®/PropTx.