$419,000

For sale

#1611 225 Webb Drive, Mississauga (City Centre) - Single Family for Sale

#1611 225 Webb Drive, Mississauga (City Centre), Ontario, L5B4P2

1 bed2 baths1 parking650 ft²$645/mo condo feeListed 26 days ago

Overview

This 1-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 650 sq ft of space. Listed at $419,000, it is attractively priced about 16% below the $499,900 median asking price in Mississauga. It has been on the market 26 days, fresher than the Mississauga average of 55 days.

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Description

A must-see!!! Laminate Floors In the Living, Dining and Primary Bedroom. 1 Parking, 1 Locker, Great Views of Lake Ontario and Celebration Square from the Balcony.. Comes With A Very Nice Layout.Bright and inviting one-bedroom suite in an award-winning building near Square One. The open-concept design features 9-foot ceilings, a spacious window, and a walkout to a private balcony. The primary bedroom has a stylish ensuite with a frameless glass shower. Enjoy 24-hour concierge service, a fitness centre, and a party room. Conveniently located within walking distance of Square One, Celebration Square, the library, YMCA, restaurants, public transit, GO transit, schools, and Mississauga's nightlife. Quick access to the QEW, Highways 403 and 401, and many other amenities. (id:66096)

Property Details

MLS®: W13885586
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $645/mo
Fee Includes: Common Area Maintenance, Water, Parking
Ownership: Condo/Strata
Property Tax: $2,740/yr
Listed: 26 days ago

Features

Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Mississauga (City Centre) listings, avg age

55d

Price / ft²

$645

List price

$419K

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 1-bed single family in Mississauga (City Centre) has been listed for 26 days, which is 29 days fresher than the city average of 55. Act while there is still low competition.

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Listed by REAL ONE REALTY INC. · VICTOR XUE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5B)

This home lists at $419,000, about 5.3× the local median household income of $79,000.

Carrying it typically needs a household income of about $81,845 (20% down, 25-yr amortization, stress-tested) — roughly 4% above the area median.

Median household income: $79,000
Population: 67,131
Median age: 37.2
Owner / renter: 55% / 45%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L5B)

$419,000· $645/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,950

Min 5%50%

Mortgage payment$2,207/mo

↳ CMHC premium ($15,922 capitalized)

Property tax (est.)$228/mo

Condo fee$645/mo

Total monthly$3,080

Cash Needed to Close

Down payment (5%)$20,950

Land transfer tax$4,855

Est. closing costs$3,757

Total cash needed$29,562

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

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