$529,000 - 550 Webb Drive Unit 1206, Mississauga
Condo for Sale in Mississauga
New — Listed 6 days ago- MLS Number
- W13011108
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 900 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Enjoy a blend of space, comfort & take pride in owning this beautifully upgraded 2 bedroom plus den condo offering over 950 square feet of refined living. Over 60K in renos & upgrades. This lovely condo features brand new S/Steel appliances & functional upgrades throughout making your living luxurious. Vinyl thick Flooring with cushioned cork pad; making spa like walk . Offering a well designed Sunlit layout throughout the entire condo, all leading toward a private balcony with open views and no concrete structure behind. Full Laundry Room not a laundry closet with extra storage space. What you see is exactly how the Current owner lives, no staging, just a meticulously maintained. Set within a secured gated community, enjoy a rare private park, opengreen space and privacy, complemented by resort style amenities such as a swimming pool, tennis court, racquet court, gym, sauna, hot tub, library & party room. Located in a quiet,established neighborhood just steps to Square One, transit, and everyday essentials with a walkscore of 87, this home offers unmatched convenience in a peaceful setting. Low property taxes of $2,500 approx. per year and maintenance fees of approximately $0.79/ sq.ft including all utilities hydro, water, and heat provide exceptional value. One dedicated parking space & plenty of additional parking for your guests as a visitor. With an estimated lower than $2,000 monthly mortgage with 20 percent down payment, this is an excellent opportunity for both end users and investors, seethe real video tour & come check it out and experience it in person.
Estimate your monthly payments for this property
Estimated Payment
$2,714.04/mo
Includes CMHC insurance ($14,759)
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.
550 Webb Drive Unit 1206, 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 $588/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 900 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.
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.