550 Webb Drive, Unit 06, Mississauga, ON

$584,900
MLS#:W9993143
3 beds
1 baths
900-999 sqft
1.0 parking
Residential Condo & Other
Loading property media...
⚠️

Property no longer active

This property was sold on November 16, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of City Centre. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $584,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Low Maintenance that includes all utilities. Seller is very motivated. Discover this modern spacious 2Bed+Den condo with stunning lake Ontario views, just steps from Square One. This condo offers a perfect blend of comfort and convenience. Enjoy cooking in a newly renovated kitchen, unwind with spectacular views of the lake from your balcony, offering a serene retreat from the city hustle, or relax in a beautifully upgraded bathroom. Relax or entertain in a generously sized living room, flooded with natural light and offering flexible space for your lifestyle. This property is conveniently located just steps from Square One, with easy access to shopping, dining, entertainment, and public transportation. Amenities: gym, theatre, outdoor swimming pool, tennis and squash courts, party room, hobby room, barbeque area, visitor parking, saunas, jacuzzi and concierge.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This condo apartment located at 550 Webb Drive, Mississauga is currently for sale and has been available on SousaSells for 624 days. This property is listed at $584,900 with an estimated mortgage of $1,947* per month. It has 3 beds, 1 bathroom, and is 900-999 square feet. 550 Webb Drive, Mississauga is in the City Centre neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 16, 2024
Sold price information is available to members only
Listed Date10/31/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyPeel
Annual Tax$2,230.29

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Library, Park, Place Of Worship, School, Rec./Commun.Centre

Interior Features

Carpet Free

Security Features

Concierge/Security

Community Features

Location

Initializing map...
550 Webb Drive, Unit 06, Mississauga, ON
Loading local market trends...

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 550 Webb Drive 2406, Mississauga, ON L5B 3Y4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

Configure Loan Settings

Interest Rate4.00%
Down Payment$175,470 (30.0%)
* Minimum Canadian down payment required for this price is $33,490.
Amortization Period30 Years
Estimated Monthly Payment$1,947Based on a loan of $409,430 over 30 years.
Purchase Price$584,900
Loan Amount$409,430
Provincial Land Transfer Tax:$8,173
Total Estimated Closing Taxes:$8,173

About Purchasing a Home in Mississauga, ON

For a property listed at $584,900 in Mississauga, the legal minimum down payment is $33,490 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,173 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,173.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for City Centre, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$590,970

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

Bishop Scalabrini
Public225 Central Parkway West, Fairview, Mississauga, Ontario, L5B 3J5
6.4
Elm Drive
Public100 Walford Court, Fairview, Mississauga, Ontario, L5B 1T8
4.9
Corpus Christi
Public4155 Elora Drive, Creditview, Mississauga, Ontario, L5B 3N4
6.4
St Philip
Public345 Fairview Road West, Fairview, Mississauga, Ontario, L5B 3W5
7.2
Sts Peter & Paul
Public4205 Woodington Drive, Rathwood, Mississauga, Ontario, L4Z 1K2
6.9

Secondary Schools

Father Michael Goetz
Public330 Central Parkway West, Fairview, Mississauga, Ontario, L5B 3K6
4.0
Iona SS
Public1585, Mississauga Valleys, Mississauga, Ontario, L5A 3W9
6.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.