223 Webb Dr Drive, Mississauga

Price: $529,900

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: W12867036

Welcome to this Bright and Spacious, Laminate Flooring 1-bedroom + den suite on the 11thfloor-Onyx Condominiums in the heart of Mississauga. This unit has 9-ft ceiling, open-conceptlayout, kitchen with a centre island and granite countertops, Backsplash. Den is perfect for ahome office or play area for kids. It has a private balcony and take in stunning views of thecity. Close to Square One Mall, Celebration Square, Sheridan College, the YMCA, Public transitand many more including GO, major highways. Residents can enjoy exceptional building amenitiessuch as 24-hour concierge, fitness centre, indoor pool, sauna, rooftop terrace, party room,Guest suite and visitor parking.Dont miss the opportunity to live in Downtown of Mississauga.

223 Webb Dr Drive - Condo photo 1 of 5 in Mississauga, Ontario
223 Webb Dr Drive - Condo photo 2 of 5 in Mississauga, Ontario
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$529,900 - 223 Webb Dr Drive, Mississauga

Condo for Sale in Mississauga

98 days on market
2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
W12867036
Property Type
Condo
Status
active
Days on Site
98
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE CERTIFIED REALTY
Description

Welcome to this Bright and Spacious, Laminate Flooring 1-bedroom + den suite on the 11thfloor-Onyx Condominiums in the heart of Mississauga. This unit has 9-ft ceiling, open-conceptlayout, kitchen with a centre island and granite countertops, Backsplash. Den is perfect for ahome office or play area for kids. It has a private balcony and take in stunning views of thecity. Close to Square One Mall, Celebration Square, Sheridan College, the YMCA, Public transitand many more including GO, major highways. Residents can enjoy exceptional building amenitiessuch as 24-hour concierge, fitness centre, indoor pool, sauna, rooftop terrace, party room,Guest suite and visitor parking.Dont miss the opportunity to live in Downtown of Mississauga.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,718.66/mo

Includes CMHC insurance ($14,784)

$
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5%10%50%

5-yr fixed avg.

Principal: $476,910Interest: $323,904
Mortgage Amount$491,694
Total Interest$323,904
Est. Property Tax$375/mo
Total Cost$815,599

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Mississauga

Discover Mississauga

Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Mississauga

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

223 Webb Dr Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$375
Insurance (est.)-$110
Net Cash Flow+$1,325

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $883/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 98 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

Investment Perspective

Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    223 Webb Dr Drive, Mississauga — $529,900 | Battaglia Team