$849,900 - 400 Webb Drive Unit 2209, Mississauga
Condo for Sale in Mississauga
42 days on market- MLS Number
- W13089204
- Property Type
- Condo
- Status
- active
- Days on Site
- 42
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY SPECIALISTS INC.
Stunning, Corner Unit Condo in Central Mississauga, This spacious 1403 Square Feet, consists of 2-bedroom plus den (which can easily serve as a third bedroom currently used as a bedroom) corner unit boasts breathtaking views of Lake Ontario and Downtown Toronto. Lots of renovations through out the unit, Large windows flood the space with natural light, offering a perfect backdrop of city and lake vistas. The entire unit is carpet-free, Lots of Updates and upgrades, featuring sleek laminate flooring throughout. The primary bedroom is a true retreat, complete with a 5-piece ensuite, walk-in closet, and more of those amazing lake views. The generously sized second bedroom offers plenty of space for comfort, Cook and entertain in style in the eat-in kitchen, equipped with stainless steel appliances, quartz countertops, and a cozy breakfast area. This condominium building also offers top-notch building amenities, 24 Hour Concierge, plenty of visitors parking, Indoor swimming pool with Sauna and jacuzzi, Tennis Court, Squash Court, Gym, Billiard Room, Party Room, Rec room and more, plus it's ideally located just a short walk from Square One Shopping Centre and the surrounding entertainment district, walk to John Bud Cleary Park Playground, Walk to famous restaurants, Cinemas, Art Centre, YMCA, Public Library, Sheridan College, great schools, Enjoy the location that is easy to get to Hwy 403/401/QEW, Public Bus stop in front of building, get on the Go Bus at Square one, and Go train at Cooksville station ideal for urban living!
Estimate your monthly payments for this property
Estimated Payment
$4,360.43/mo
Includes CMHC insurance ($23,712)
5-yr fixed avg.
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.
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
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.
400 Webb Drive Unit 2209, Mississauga
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $607/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 42 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 $3,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.