$550,000

For sale

#3101 223 Webb Drive, Mississauga (City Centre) - Single Family for Sale

#3101 223 Webb Drive, Mississauga (City Centre), Ontario, L5B0E8

2 beds2 baths1 parking850 ft²$842/mo condo feeListed 22 days ago

Overview

This 2-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 850 sq ft of space. It has been on the market 22 days, fresher than the Mississauga average of 55 days.

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Description

Experience loft living in style, with soaring 18-ft ceilings and massive windows which flood the space with natural light and showcase breathtaking NW views of Square One, Mississauga. Welcome to unit 3101 - this unit's open-concept layout features a sleek modern kitchen with a breakfast bar, a spacious living room perfect for entertaining, and a versatile den ideal for a home office or play space. Enjoy the convenience of two bathrooms, newer flooring, and a private second-floor retreat with a large primary bedroom with floor to ceiling windows, walk-in closet, and an upgraded ensuite. This is downtown condo living at its absolute finest. Bonus: heat and water included in the condo fees, and new automated blinds. Includes: 1 parking & 1 locker. (id:66096)

Property Details

MLS®: W14083008
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $842/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,864.47/yr
Listed: 22 days ago

Rooms

Main level

Dining room: 5.5 x 4.97 meters
Kitchen: 3.5 x 2.16 meters
Den: 2.18 x 1.88 meters

Second level

Primary Bedroom: 4.25 x 3.35 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Blinds, Window Coverings
Flooring: Hardwood
Exterior: Concrete
Lot Features: Cul-de-sac, Elevator, Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Mississauga (City Centre) listings, avg age

55d

Price / ft²

$647

List price

$550K

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 2-bed single family in Mississauga (City Centre) has been listed for 22 days, which is 33 days fresher than the city average of 55. Act while there is still low competition.

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Listed by SALMAN ALAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5B)

This home lists at $550,000, about 7.0× the local median household income of $79,000.

Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 36% 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)

$550,000· $647/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $30,000

Min 5.45%50%

Mortgage payment$2,883/mo

↳ CMHC premium ($20,800 capitalized)

Property tax (est.)$322/mo

Condo fee$842/mo

Total monthly$4,047

Cash Needed to Close

Down payment (5.45%)$30,000

Land transfer tax$7,475

Est. closing costs$4,150

Total cash needed$41,625

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