3008-36 Elm Drive, Mississauga, ON

Fairview, Mississauga · MLS® W13739606

$679,000
For Sale
Listed 18 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Experience luxury living at the iconic Edge Towers in the heart of downtown Mississauga.
  • This stunning high-floor 2+1 bedroom, 2 bathroom corner suite offers approximately 850 sq.ft. of thoughtfully designed total space with breathtaking panoramic...
  • The open-concept layout features a modern kitchen with premium appliances, elegant finishes, spacious living and dining areas, and a versatile den perfect for a home...
  • Enjoy world-class amenities including 24-hour concierge, fitness centre, indoor pool, party room, theatre, guest suites, and more.
  • Includes 1 parking space and 1 extra large locker.

Experience luxury living at the iconic Edge Towers in the heart of downtown Mississauga. This stunning high-floor 2+1 bedroom, 2 bathroom corner suite offers approximately 850 sq.ft. of thoughtfully designed total space with breathtaking panoramic southeast and southwest views of Lake Ontario, the city skyline, and spectacular sunsets. Floor-to-ceiling windows flood the home with natural light from multiple exposures, creating a bright and airy atmosphere throughout. The open-concept layout features a modern kitchen with premium appliances, elegant finishes, spacious living and dining areas, and a versatile den perfect for a home office, study, or guest room. Enjoy world-class amenities including 24-hour concierge, fitness centre, indoor pool, party room, theatre, guest suites, and more. Located just steps to Square One Shopping Centre, Sheridan College, Celebration Square, YMCA, restaurants, public transit, and the future Hurontario LRT. Includes 1 parking space and 1 extra large locker. An exceptional opportunity to own a premium corner residence in one of Mississauga's most sought-after luxury communities. Watch the room tour video here: https://video-api.supreme.one/kDtDCP?branded=false

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13739606
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
800-899 sq ft
Cross streets
Hurontario And Elm Dr
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Maintenance
$613/mo
Exposure
South West
Property tax
$4,786 / 2026
Days on market
18
Listing brokerage
REAL ONE REALTY INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$663Klikely sale price

Listed at $679,000. 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 $663K, if it sells. A realistic range is $625K to $717K.

Independent value check: $611K. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $568K and $642K).

Why $611K. 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 $4,786 a year; the typical home sold here pays about $3,100.
  • ▲ Raises it stronglyIt is 800 to 899 sq ft; the typical home sold here is 600 to 699.
  • ▲ Raises it slightly2+1 bedrooms and 2 baths, against 1+1 and 2 typically.
List price
$625KBelow recent closings$717KAbove recent closings

Total price vs nearby homes. Likely closing about $663K, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$420Kmedian sold price
94%of asking, on average
−16%prices vs a year ago
~44 dayshomes like this take to sell
18days on market so far
$3,116/moest. rent · 5 leases
5.5%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6.3 months of inventory: 19 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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $799/sqft against an area asking average of $706/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 $517K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • 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.

What sellers nearby are askingCurrently listed nearby in Fairview · asking prices
$598kavg asking

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 $656/sqft; this home lists at $799/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
679kThis home650k625k518kThis home vs active comparables

Neighbourhood & location

Fairview, Mississauga, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Mississauga Valleys
$543K
City Centre
$527K
Cooksville
$515K
Hurontario
$683K
Lakeview
$743K

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

Affordability
$3,095/mo
$146KIncome needed
4.6×Price ÷ income
$714Weekly cost
$10,055Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

75%mortgage
Mortgage $3,095Property tax $399Condo fee $613Total carry $4,106

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

$
20.0%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,973per month

Mortgage amount $543,200 · 4.39% over 25 years

$135,800Down payment (20.0%)
$543,200Loan before insurance
$0CMHC premium
$3,985Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,973
Property tax
$399
Condo / maintenance fees
$613
Heating
$0
Estimated monthly cost
$3,985

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$10,055
Estimated closing costs
$10,055

Plus your down payment of $135,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,602/monthPayment at the qualifying rate

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

$348,801Total interest paid
$892,001Total of all payments
Principal $543,200 Interest $348,801
YearPrincipalInterestBalance
1$12,292$23,388$530,908
2$12,837$22,843$518,071
3$13,407$22,273$504,663
4$14,002$21,678$490,661
5$14,624$21,056$476,037
6$15,273$20,407$460,765
7$15,951$19,729$444,814
8$16,658$19,022$428,156
9$17,398$18,282$410,758
10$18,170$17,510$392,588
11$18,976$16,704$373,611
12$19,819$15,861$353,793
13$20,698$14,982$333,095
14$21,617$14,063$311,478
15$22,576$13,104$288,902
16$23,578$12,102$265,323
17$24,625$11,055$240,699
18$25,717$9,963$214,981
19$26,859$8,821$188,122
20$28,051$7,629$160,071
21$29,296$6,384$130,776
22$30,596$5,084$100,179
23$31,954$3,726$68,225
24$33,372$2,308$34,853
25$34,853$827$0

At the end of your 5-year term

Total paid over the term
$178,400
Principal paid down
$67,163
Interest paid
$111,238
Balance remaining
$476,037

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.

Let's connect

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

Rental yield
From 5 whole-home leases in Fairview$3,116/mo
$37,392Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,742 to $3,490Typical rent range
~22 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Fairview signed at a median of $2,359 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,116. 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.

5.5%
Gross yield
− Property tax $4,786− Condo fees $7,356− Insurance $600− Vacancy & upkeep $4,113Net operating income $20,537

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL ONE REALTY INC.. MLS®/PropTx.

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