Skip to main

    4205 Shipp Drive & 4185 Shipp Drive

    Chelsea Towers Condos
    6for Sale
    7for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    27
    Number of Units:
    405
    Condo Completion:
    1989
    Condo Demand:
    Medium
    Unit Size Range:
    700 - 1,299 SQFT
    Unit Availability:
    Medium

    Listing History for Chelsea Towers Condos

    Receive listing updates for Downtown Core

    Amenities

    Concierge
    Party Room
    Tennis Court
    Rec Room
    Security System
    Sauna

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Excluded
    None

    About 4205 Shipp DriveChelsea Towers Condos

    The Chelsea Towers Condos has been around for some time now: built back in 1989, it even predates many of its inhabitants. In fact, the community living at 4205 Shipp Drive and 4185 Shipp Drive is fairly young, with the majority of residents under the age of 45.

    The pair of towers is covered mainly in glass, save for brick that wraps around each corner of the two buildings. Both structures rise to 27 storeys, and together they contain 405 homes. Regardless of which building one lives in, every resident of the Chelsea Towers has access to an impressive set of amenities that includes an indoor swimming pool, a sauna, a tennis court, a party room, a games room, barbecues, and a concierge.

    The Suites

    With suites ranging from around 650 to approximately 1,300 square feet, all sorts of prospective residents can find what they’re looking for at the Chelsea Tower Condos. Homes contain one bedroom, one bedroom plus a den, or two bedrooms, and many are incredibly modern (despite the aesthetics in the lobby).

    Many units at 4185 and 4205 Shipp Drive have been renovated in recent years, resulting in kitchens with breakfast bars and stainless steel appliances, plus other contemporary details throughout. And although there are no balconies to be found in either of the two buildings, floor-to-ceiling windows help to bring the outdoors in.

    The Neighbourhood

    Living at 4205 Shipp Drive is perfect for those who don’t like to compromise: residents are surrounded by winding residential streets, schools, and parks, and yet they live within walking distance of countless attractions and amenities. Situated in the Downtown Core, the Chelsea Towers Condos is steps from Square One Shopping Centre, Playdium Amusement Centre, Cineplex Cinemas Mississauga, and the Art Gallery of Mississauga — just to name a few.

    Transportation

    Residents of 4185 and 4205 Shipp Drive have no trouble getting around Mississauga, regardless of how they like to travel. Drivers, for one, can reach the 401 in just a few minutes, thanks to the on-ramp at Hurontario Road. As for those without cars of their own, residents need only cross the street to reach a stop for the 20 Rathburn bus.

    Chelsea Towers Condos Reviews

    Maya Reed
    October 29 2024
    Owner
    Old building but a beautiful location. Apartments are spacious and the amenities are are nice, like the pool and party rooms.
    6

    Listings For Sale

    Interested in receiving new listings for sale?

    7

    Listings For Rent

    Interested in receiving new listings for rent?

    Explore Neighbourhood

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    8/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    9,194
    Average Individual Income
    $63,586
    Average Household Size
    2 persons
    Average Age
    60
    Average Household Income
    $105,144
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    28%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    41%
    High Rise Apartment
    24%
    Semi Detached
    24%
    Low Rise Apartment
    6%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    83%
    Other
    8%
    Punjabi
    4%
    Tagalog
    1%
    Hindi
    1%
    Spanish
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    32%
    University and Above
    25%
    College
    21%
    None
    15%
    Apprenticeship
    3%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    4%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Chelsea Towers Condos vs The Downtown Core Area

    Days on Strata

    Units at Chelsea Towers Condos spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Downtown Core

    Turnover of Units

    On average, each unit is owned for
    7.7
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    35th
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    28
    Units were Rented over the past twelve months

    Best Value Rank

    Chelsea Towers Condos offers the
    ?
    best value out of 44 condos in the Downtown Core neighbourhood

    Appreciation Rank

    Chelsea Towers Condos has the
    ?
    highest ROI out of 44 condos in the Downtown Core neighbourhood

    Rental Yield

    Chelsea Towers Condos yields the
    ?
    highest rent prices out of 44 condos in the Downtown Core neighbourhood

    High Demand

    Chelsea Towers Condos is the
    ?
    most popular building out of 44 condos in the Downtown Core neighbourhood

    Transaction Insights at 4205 Shipp Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$415,000 - $477,000$402,000$450,000 - $585,000No Data
    Avg. Cost Per Sqft$601$594$519No Data
    Avg. Wait for Unit Availability53 DaysNo Data13 DaysNo Data
    Ratio of Units in Building21%1%79%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Downtown Core