$499,990

For sale

#508 325 Webb Drive, Mississauga (City Centre) - Single Family for Sale

#508 325 Webb Drive, Mississauga (City Centre), Ontario, L5B3Z9

3 beds2 baths1 parking1,100 ft²$696/mo condo feeListed 36 days ago

Overview

This 3-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 1,100 sq ft of space. Its $499,990 asking price sits right in line with the $499,900 median in Mississauga. It has been on the market 36 days, fresher than the Mississauga average of 54 days.

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Description

Family - sized 2+1 bedroom condo with 2 full baths in Mississauga's City Centre. Well maintained, open concept layout with lots of natural light. Den is separate room and can be used as home office or third bedroom. Large primary bedroom has 4 - pc ensuite bathroom and walk in closet. Extremely well - managed building with 24 - hour concierge. Amenities for the whole family include indoor pool, whirlpool & sauna, gym, party room, patio/garden, tennis courts, squash court, visitors parking and car wash. Unit comes with a parking spot and locker. Ideal location, close to schools, library, Celebration Square, Square One, Living Arts Centre, GO & Mi-Way transit, Highway 403 & convenient to the airport. (id:66096)

Property Details

MLS®: W13848536
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $696/mo
Fee Includes: Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,850.3/yr
Listed: 36 days ago

Rooms

Flat

Living room: 3.84 x 3.65 meters
Dining room: 3.84 x 3.65 meters
Kitchen: 3.05 x 2.44 meters
Primary Bedroom: 3.2 x 4.57 meters
Bedroom 2: 3.2 x 3.05 meters
Den: 2.41 x 2.73 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Flooring: Hardwood, Ceramic
Exterior: Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Mississauga (City Centre) listings, avg age

54d

Price / ft²

$455

List price

$500K

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 3-bed single family in Mississauga (City Centre) has been listed for 36 days, which is 18 days fresher than the city average of 54. Act while there is still low competition.

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Listed by CENTURY 21 PERCY FULTON LTD. · GEETHA JEYASEELAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5B)

This home lists at $499,990, about 6.3× the local median household income of $79,000.

Carrying it typically needs a household income of about $97,666 (20% down, 25-yr amortization, stress-tested) — roughly 24% 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)

$499,990· $455/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,999.50

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($19,000 capitalized)

Property tax (est.)$238/mo

Condo fee$696/mo

Total monthly$3,567

Cash Needed to Close

Down payment (5%)$25,000

Land transfer tax$6,475

Est. closing costs$4,000

Total cash needed$35,474

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