$357,500

For sale

#1709 223 Webb Drive, Mississauga (City Centre) - Single Family for Sale

#1709 223 Webb Drive, Mississauga (City Centre), Ontario, L5B0E8

1 bed1 bath1 parking550 ft²$555/mo condo feeListed 27 days ago

Overview

This 1-bedroom, 1-bathroom condo in Mississauga is for sale offering roughly 550 sq ft of space. Listed at $357,500, it is attractively priced about 28% below the $499,900 median asking price in Mississauga. It has been on the market 27 days, fresher than the Mississauga average of 54 days.

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Description

Incredible value and one of the best priced 1 bed 1 bath condos in Square One! This lovely bright condo offers modern open concept living in the heart of Mississauga. The living and dining area features plenty of natural light, south-west views of the lake, and a walkout to the balcony-perfect for enjoying stunning sunsets or your morning coffee. The functional kitchen flows seamlessly into the living space, creating an inviting layout for everyday living and entertaining. Enjoy fantastic building amenities, 24-hour concierge, indoor pool, hot tub, yoga studio, fitness centre, party room, guest suites, outdoor terraces with a BBQ area and the convenience of an owned underground parking space and locker. Ideally located just minutes from Square One Shopping Centre, Celebration Square, Sheridan College, the Living Arts Centre, YMCA, restaurants, entertainment, transit, parks and major highways. A great opportunity for first-time buyers, investors or those looking for a convenient urban lifestyle in the heart of City Centre. (id:66096)

Property Details

MLS®: W13876070
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $555/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,600.09/yr
Listed: 27 days ago

Rooms

Main level

Kitchen: 4.16 x 2.08 meters
Dining room: 4.16 x 2.08 meters
Living room: 7.32 x 2.5 meters
Bedroom: 3.21 x 2.62 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Tile, Laminate, Carpeted
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Mississauga (City Centre) listings, avg age

54d

Price / ft²

$651

List price

$358K

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 27 days, which is 27 days fresher than the city average of 54. Act while there is still low competition.

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Listed by Royal LePage Real Estate Associates · SEAN HANLON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5B)

This home lists at $357,500, about 4.5× the local median household income of $79,000.

Carrying it typically needs a household income of about $69,832 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$357,500· $651/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,875

Min 5%50%

Mortgage payment$1,883/mo

↳ CMHC premium ($13,585 capitalized)

Property tax (est.)$217/mo

Condo fee$555/mo

Total monthly$2,655

Cash Needed to Close

Down payment (5%)$17,875

Land transfer tax$3,838

Est. closing costs$3,573

Total cash needed$25,286

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