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Edge Tower 1 Condos in Mississauga

36 Elm Drive W, Mississauga

225

Total Units

6

For Sale

1

For Rent

27

Sold

187

Leased

$556K

Avg Price

48

Days (Sale)

28

Days (Lease)

OQ

OVAIS QASSIM

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Property Type:
Condo
Number of Units:
225
Condo Demand:
High
Unit Availability:
High
Number of Storeys:
Condo Completion:
Unit Size Range:
0 - 1,799 SQFT
Property Management:
Zoran Properties Inc

Market Overview

For-Sale Inventory

2.7%

Highest Sale (12mo)

$590K

Lowest Sale (12mo)

$460K

Median Maintenance

$516/mo

Year Built

Edge Tower 1 Market

Updated Aug 20, 2026
Condos
Median sale price
$495K
Median PSF (est.)▼ 6.6%
$762/sqft
Sold last 90 days
3
Active listings
7
Months of inventory
–
Avg days on market
49
Sale-to-list ratio
98.36%
Absorption rate
0.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 88.46% · End-user: 11.54% (from 3 sales, 23 leases)
Price reductions (90d)
Price-reduction rate: 0.00%
Monthly reduction trend
2025-03: 33.3% (3 listings) · avg $50,000
2025-04: 0.0% (4 listings)
2025-07: 25.0% (4 listings) · avg $10,000
2026-06: 0.0% (3 listings)
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $762 — +17.86% vs community avg ($646)[premium]
Supply vs demand by unit type (90d)
Sample: 7 active listings · 3 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 0 sold · mismatch +0.00%
2br: 6 active / 3 sold · mismatch -14.29%
3br: 1 active / 0 sold · mismatch +14.29%
Concession pattern by unit type (90d)
2br (20 sales) — 75.00% closed with concessions, avg 4.06% below ask
Seasonality (annual pattern)
Historically strongest months: Sep, Dec, Aug
Historically weakest months: Nov, Jul, Oct
Annual averages: DOM 51.3d · sale-to-list 98.36% (n=23)
Monthly detail
Mar · 4 sales · DOM 38.0d · STL 100.83%
Apr · 4 sales · DOM 37.3d · STL 99.50%
Jun · 3 sales · DOM 49.3d · STL 96.13%
Jul · 4 sales · DOM 70.3d · STL 93.58%
Aug · 2 sales · DOM 37.0d · STL 97.96%
Sep · 2 sales · DOM 14.0d · STL 99.33%
Oct · 1 sales · DOM 231.0d · STL 94.83%
Nov · 2 sales · DOM 49.5d · STL 94.93%
Dec · 1 sales · DOM 18.0d · STL 119.05%

Market Intelligence

Price per sqft analysis and trends

Edge Tower 1

Sale PSF

N/A

Lease PSF

N/A

City Centre

Sale PSF

$565/sqft

49 sales

Lease PSF

$2.90/sqft/mo

6 leases

Mississauga

Sale PSF

$538/sqft

176 sales

Lease PSF

$3.53/sqft/mo

1 leases

Peel

Sale PSF

$526/sqft

206 sales

Lease PSF

$3.53/sqft/mo

1 leases

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
Edge Tower 1This Building
——/mo——
City Centre
5652.90/mo496
Mississauga
5383.53/mo1761
Peel
5263.53/mo2061

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Parking & Locker Values

Parkingcommunity

Purchase

N/A

Monthly Lease

$144.23/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

BBQs Allowed
Bike Storage
Bus Ctr (WiFi Bldg)
Concierge
Day Care
Elevator
Exercise Room
Game Room
Guest Suites
Gym
Indoor Pool
Media Room
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Sauna
Security Guard
Security System
Squash/Racquet Court
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCable TVCommon ElementsCondo TaxesHeatHydroNoneParkingWater

Building Reviews

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About Edge Tower 1 Condos

Edge Tower 1 is a premier condominium located at 36 Elm Drive W, Mississauga. This 225-unit building offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 221 units available at Edge Tower 1, with prices averaging around $556K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

Edge Tower 1 stands out in Mississauga's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

Whether you're looking to buy, sell, or rent at Edge Tower 1, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation and market analysis.

Explore more real estate in the wider area: City Centre, Mississauga and the Peel area.

Units for Sale at Edge Tower 1

Units for Lease at Edge Tower 1

Keywords: Edge Tower 1 Mississauga Real Estate

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