223 WEBB Drive Unit 1705, Mississauga

Price: $619,900

3 bedrooms, 2 bathrooms

1,000 sq ft

Property Type: Condo

MLS#: W12690736

Located In The Heart Of Mississauga, This Is A Gorgeous, Bright & Inviting Corner Unit, With 2 Bedrooms, 2 Bathrooms And Den. The Spectacular, Sunny, South West Exposure, Can Be Enjoyed Throughout This Condo, With Its Floor To Ceiling Windows And The Very Large 22 Foot Balcony.There Is A Total Of 1032 Square Feet Of Luxury Finished Area To Enjoy, In A Building That Is Loaded With Sought After Amenities, Including An Indoor Pool, Concierge, Gym, Roof top Patio, Party Room & Guest Suites. The Primary Bedroom Features Hardwood Flooring, A 5 Piece Ensuite Bathroom, 2 Large Mirror Closet Doors And Direct Access To The Balcony. The Combined Living & Dining Room Is Very Spacious And Has Hardwood Floors, Designer Light Fixture And Sliding Door To The Balcony. The Kitchen Overlooks The Living & Dining Area And Has Stainless Steel Appliances, Hardwood Floors, Backsplash, Granite Countertops And A Breakfast Bar. A Beautiful Property That Anyone Would Be Proud To Call Home.

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$619,900 - 223 WEBB Drive Unit 1705, Mississauga

Condo for Sale in Mississauga

32 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W12690736
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
SUTTON GROUP - SUMMIT REALTY INC.
Description

Located In The Heart Of Mississauga, This Is A Gorgeous, Bright & Inviting Corner Unit, With 2 Bedrooms, 2 Bathrooms And Den. The Spectacular, Sunny, South West Exposure, Can Be Enjoyed Throughout This Condo, With Its Floor To Ceiling Windows And The Very Large 22 Foot Balcony.There Is A Total Of 1032 Square Feet Of Luxury Finished Area To Enjoy, In A Building That Is Loaded With Sought After Amenities, Including An Indoor Pool, Concierge, Gym, Roof top Patio, Party Room & Guest Suites. The Primary Bedroom Features Hardwood Flooring, A 5 Piece Ensuite Bathroom, 2 Large Mirror Closet Doors And Direct Access To The Balcony. The Combined Living & Dining Room Is Very Spacious And Has Hardwood Floors, Designer Light Fixture And Sliding Door To The Balcony. The Kitchen Overlooks The Living & Dining Area And Has Stainless Steel Appliances, Hardwood Floors, Backsplash, Granite Countertops And A Breakfast Bar. A Beautiful Property That Anyone Would Be Proud To Call Home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,180.41/mo

Includes CMHC insurance ($17,295)

$
$
5%10%50%

5-yr fixed avg.

Principal: $557,910Interest: $378,917
Mortgage Amount$575,205
Total Interest$378,917
Est. Property Tax$439/mo
Total Cost$954,122

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 Drive Unit 1705, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$439
Insurance (est.)-$129
Net Cash Flow+$1,542

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $620/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $2,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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