Condominium · City Centre, Mississauga

Chelsea Towers, Mississauga4185 and 4205 Shipp Drive, Mississauga, ON

Name: Condo Apartment City Centre Real Estate Market Report — 2026-10-01
Creator: The Condo Bar
License: https://thecondobar.com/terms

An established condominium residence at 4185 Shipp Drive

As of October 2026, Chelsea Towers has 3 units for sale from $425K to $479.9K (median $474.5K) and 2 for rent from $2,200 to $2,899 a month. Maintenance fees run $949 to $965 a month, and these listings have been on the market for an average of 73 days.

3 Listings$425K–$479.9KListings updated Oct 18, 11:35 PM EDT

Nearby on the map

Chelsea Towers stands at 4185 Shipp Drive on the quieter eastern side of Mississauga's City Centre. One-bedroom, two-bedroom and two-plus-den suites suit professionals, couples and downsizers who want downtown access without the busiest blocks. Bishopstoke Park is about 100 metres away, the Gordon Shipp park is roughly 300 metres, and Square One's shops, including Simons, and an Earls restaurant are under a kilometre.

Year Built: 1989
Units: 405
Floors: 27
Suite Sizes: 700–1,199 ft²
Asking Now: $425K–$479.9K
Maintenance: $949–$965/mo

3 units for sale at 4185 and 4205 Shipp Drive, plus 2 for rent

3 Units

Nearby

4205 Shipp Drive 2105, Mississauga, ON L4Z 2Y9 photo 1

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Listed11 Days Ago

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$479,900

Condo Apartment

4205 Shipp Drive #2105, City Centre, Mississauga

2 Beds2 Baths1 Pkg900–999 SqFt

Courtesy of PropTx MLS® / SAVE MAX REAL ESTATE INC.
MLS® W13872980

4205 Shipp Drive 1209, Mississauga, ON L4Z 2Y9 photo 1

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Listed74 Days Ago

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$425,000

Condo Apartment

4205 Shipp Drive #1209, City Centre, Mississauga

2 Beds2 Baths1 Pkg900–999 SqFt

Courtesy of PropTx MLS® / RE/MAX ACE REALTY INC.
MLS® W13639284

4185 Shipp Drive 1713, Mississauga, ON L4Z 2Y8 photo 1

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Listed134 Days Ago

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$474,500

Condo Apartment

4185 Shipp Drive #1713, City Centre, Mississauga

2 Beds2 Baths1 Pkg900–999 SqFt

Courtesy of PropTx MLS® / RE/MAX REALTRON REALTY INC.
MLS® W13410424

For BuyersView all Square One Condos for SaleNot finding the right fit at Chelsea Towers? Browse every active listing in the area.Browse Square One Condos for Sale For SellersWhat’s your unit in Chelsea Towers worth right now?Get a free online evaluation of your property’s value.Get My Instant Home Value

Chelsea Towers by address

Chelsea Towers spans 4185 and 4205 Shipp Drive, Mississauga. Here is what is listed at each address right now.

4185 Shipp Drive, Mississauga

For sale:: 1 unit, $474.5K
For rent:: 2 units, $2,200 to $2,899/mo

4205 Shipp Drive, Mississauga

For sale:: 2 units, $425K to $479.9K
For rent:: none right now

About Chelsea Towers

Developed by Anaheim Management Ltd., the community has 405 suites from 700 to 1,199 sq ft and buildings rising up to 27 storeys, with its most recent building completed in 1989. Amenities include an indoor pool, a concierge, a fitness centre, and a sauna. Pets are allowed with restrictions.

Chelsea Towers is a condo at 4185 and 4205 Shipp Drive, on the quieter east side of Mississauga's City Centre. It gives downtown access without the busiest blocks.

Suites run from 700 to 1,199 square feet. Choose from one or two bedrooms, with a den in some plans. Professionals, couples and downsizers are typical buyers.

Facilities are broad. Owners can swim and sauna indoors, hit the gym, or play on the outdoor tennis court. The lobby has a concierge. A recreation room and an event room round things out, and guests get parking.

Bishopstoke Park is about 100 metres away, and the Gordon Shipp park is roughly 300 metres. Square One, with Simons and an Earls, is under a kilometre. Celebration Square, the Living Arts Centre and Sheridan's campus are also walkable. Kariya Park offers a calm place for a stroll.

The downtown bus terminal and the Hazel McCallion LRT are close. Cooksville GO is a short ride south, and Highway 403 is minutes away, with the 401 and 407 a bit further.

4235 Sherwoodtowne Boulevard is right nearby, and Sherwood Towers is a short walk. Recent sales are in the City Centre report, and you can compare listings on Mississauga condos for sale.

Unit Types in This Building

Unit Type	Asking Now	Size	Maint. /ft²/mo
1 Bed	None listed	—	—
2 Bed	$425K–$479.9K	950–1,100 ft²	$1.00–$1.02
2 Bed + Den	None listed	—	—

Prices shown are current asking prices for active For Sale listings of that unit type -- not sold prices, and not every unit type has one on the market right now.

$/ft²/mo is each unit type's monthly maintenance fee divided by its size, from this building's current listings only.

Building Amenities

Concierge
Exercise Room
Indoor Pool
Party Room/Meeting Room
Recreation Room
Sauna

Compiled from amenities reported in this building's past listings. Not an official building amenities list and may be incomplete or out of date -- confirm directly with the condo corporation or property management.

Maintenance fee reflect this building's currently active listings, not an official building-wide figure -- individual units may differ. Data provided by MLS® and should be independently verified; no liability is assumed for any errors or omissions.

City Centre Neighbourhood

Chelsea Towers is located in City Centre, Mississauga.

See what's nearby -- schools, parks, shopping and transit -- in the map below.

Explore the City Centre neighbourhood guide

What’s Nearby

Nearby Schools

Elementary

Sts. Peter & Paul Catholic School 442 m · 6 min walk
Dufferin-Peel CDSB — JK-8
St. Charles Garnier School 823 m · 10 min walk
Dufferin-Peel CDSB — JK-8
ÉÉC René-Lamoureux 997 m · 12 min walk
CS catholique MonAvenir — JK-6
St Pio of Pietrelcina Elementary School 1.1 km · 13 min walk
Dufferin-Peel CDSB — JK-8
Fairview Public School 1.2 km · 15 min walk
Peel DSB — JK-6
The Valleys Senior Public School 1.2 km · 15 min walk
Peel DSB — 6-8
Canadian Martyrs School 1.2 km · 16 min walk
Dufferin-Peel CDSB — JK-8
École élémentaire Le Flambeau 1.3 km · 16 min walk
CS Viamonde — JK-6

All Mississauga schools →

School details come from the Ontario Ministry of Education and the school boards, and may change. Boundaries, programs and grades are set by each board and can change from year to year, so confirm with the board before you buy.

Nearby Amenities

Cafe

Café Nicole807 m

Liquor Store

LCBO507 m

Mall

Simons793 m

Park

Bishopstoke Park85 m
The Gordon S. Shipp Memorial Park317 m

Recreation

Mississauga Mini-Indy803 m

Restaurant

Earls767 m
Turtle Jack’s815 m

Chelsea Towers Market Snapshot

Live snapshot of this building's own listings -- rentals not included

Bedrooms

Chelsea Towers currently has 3 homes for sale, with a median asking price of $474.5K, averaging 73 days on market. Over the last 24 months, 23 units have sold in the building at a median of $468K — selling at 97% of asking price.

Chelsea Towers by the numbers

vs City Centre and Mississauga

At Chelsea Towers, the median asking price for condo apartments is $474.5K, lower than City Centre ($500K) and Mississauga ($529K).

Condo apartments that sold over the last 24 months went for a median of $484 per square foot, lower than City Centre ($653) and Mississauga ($612).

Sales over the last 24 months closed at 97% of the asking price, about the same as City Centre (97%) and Mississauga (97%).

Listings have been on the market for an average of 73 days, longer than City Centre (48) and Mississauga (54).

There are 3.1 months of inventory at the recent sales pace, fewer than City Centre (6.7) and Mississauga (6.4).

Metric	Chelsea Towers Live snapshot · sold last 24mo	City Centre 2026-10-01 · sold last 24mo	Mississauga 2026-10-01 · sold last 24mo
Active Listings	3	279	761
Median Asking Price	$474.5K	$500K	$529K
Avg. Days on Market	73	48	54
Sold (24mo)	23	1,049	2,726
Median Sold Price	$468K	$509K	$520K
Median $/sqft (Sold)	$484	$653	$612
Sale-to-List Ratio	97%	97%	97%
Months of Inventory	3.1 mo	6.7 mo	6.4 mo

View City Centre Condo Market Report →Mississauga Condo Price Index →

Active Inventory

Active Listings by Unit Type

Unit Type	Count	Median	Highest	Lowest	Avg. DOM
2 Bed	3	$474.5K	$479.9K	$425K	73

Closed Sales — Last 24 Months

Sold $/Sqft by Quarter

▼ -28.2% over 5 quarters

Median sold price per square foot each quarter, last 24 months. Quarters with too few sales to protect an individual sale price are omitted.

Recently Sold23 soldin the last 24 monthsMedian $468K, 97% of asking. See the address, photos and exact sale price for every recent transaction, free with a registered account.

Aggregate estimates from TRREB MLS® data (PropTx feed). Deemed reliable but not guaranteed, and not an appraisal. Full terms.

Frequently Asked Questions

Where is Chelsea Towers located?

Chelsea Towers is located at 4185 Shipp Drive in the downtown City Centre neighbourhood of Mississauga.

What suite sizes and layouts are available at Chelsea Towers?

Suites at the property range in size from 700 to 1,199 square feet, offering one- and two-bedroom layouts, some with a den.

What amenities are available to residents of Chelsea Towers?

The building features a comprehensive selection of amenities, which include a concierge, gym, exercise room, indoor pool, sauna, tennis court, party room/meeting room, recreation room, and visitor parking.

Is Chelsea Towers good for commuters?

Yes. Commuters have quick access to transit through the nearby City Centre transit terminal, MiWay buses, the upcoming Hazel McCallion LRT, and Cooksville GO station. Drivers are also close to Highways 403, 401, and 407.

What attractions and shopping are nearby?

Chelsea Towers is within walking distance of Square One, Celebration Square, the Living Arts Centre, a Sheridan College campus, and the peaceful gardens of Kariya Park.