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              For Sale 12 Days On Site

              #1907 550 Webb Drive

              near Burnhamthorpe/ Confederation
              $599,000 2+1bdr • 2ba • 1kit • 1000-1199sf
              Average Income
              $64,896
              Population Age
              39 y/old
              School Score
              6.77/10
              Price Index Change 1y
              +9.14%
              Price Index Change 3y
              +36.90%
              Rent Index Change 1y
              -5.02%
              Rent Index Change 3y
              +15.12%

              Condo Apt • Apartment #1907 • 18 Level

              #1907 550 Webb Drive, City Centre, Mississauga
              • Rooms and Bathrooms 2+1 bedr, 2 bath
              • Kitchens 1
              • area 1000-1199
              • garage 1.0 Undergrnd
              • exposure S
              • age 16-30
              • locker None
              • possession

                Flexible

              $599,000

              $2,145.67
              Tax yr: 2020

              $661.51/m

              CALCULATED NUMBERS:

              $2248.00

              calculator

              $2639

              4

              69 Somewhat Walkable

              61 Good Transit

              73 Very Bikeable

              6.77/10

              Location Details
              • Peel

              • Mississauga

              • City Centre

              • Burnhamthorpe/ Confederation

              • L5B3Y4

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              COLDWELL BANKER REALTY IN MOTION, BROKERAGE

              Property Overview
              Fully Renovated Condo At Great Location, Step To Transit ,Schools, Park, Easy Access To 403/Qew. South View Of Lake Ontario Low Maintenance Fee Includes Hydro, Heat &Water. Living &Dining Area ,2 Bedrooms +Solarium,2 Bath, Laundry/Storage Room
              Extras: Fridge, Stove, Dishwasher, Microwave, Washer &Dryer
              Property Features
              • Exercise Room
              • Outdoor Pool
              • Party/Meeting Room
              • Security Guard
              • Squash/Racquet Court
              • Visitor Parking
              • Common Elements Included
              • Elevator
              • Ensuite Laundry
              • Heat Included
              • Hydro Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Family Room
              • Cable TV Included
              • Central Vac
              Rooms details
              Living
              • Flat Level
              • Laminate
              • South View
              • Size 3.84x3.23
              Den
              • Flat Level
              • Laminate
              Kitchen
              • Flat Level
              • Ceramic Floor
              • South View
              • Size 2.44x2.46
              Breakfast
              • Flat Level
              • Laminate
              • Size 2.71x2.45
              Solarium
              • Flat Level
              • Laminate
              • W/O To Balcony
              • South View
              • Size 3.23x2.85
              Master
              • Flat Level
              • Laminate
              • 2 Pc Ensuite
              • His/Hers Closets
              • Size 4.37x3.23
              2nd Br
              • Flat Level
              • Laminate
              • W/O To Balcony
              • South View
              • Size 3.32x2.80
              Basement
              • None
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              • Listing added to site: 2021-01-13 18:43:55
              • Last updated: 2021-01-14 00:30:01
              • Photos updated: 2021-01-13
              • Contract date: 0000-00-00
              • Input date: 0000-00-00
              • Expiry date: 0000-00-00
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
              Questions?

              Have a question about 550 Webb Drive?

              Ask your buyer agent, or Book a Showing to visit this property.

              Yuriy Setko

              Real Estate Broker

              Right At Home Realty Investments Group Brokerage

              895 Don Mills Rd #206 B2 Toronto, Ontario M3C1W3

              English Russian Ukranian
              BOOK A FREE CONSULTATION
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              More Options

              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              1907 550 Webb Drive is a condo apt apartment, located in City Centre of city of Mississauga, Peel region, near Burnhamthorpe/ Confederation, and has been available for sale on CondosDirect since 2021-01-13. This unit is located at level 18 of the building and has South exposure of Webb Dr. Condo registry office is PCC, corporation number 409.

              Lot Size and Living Area:

              1907 550 Webb Drive has 6+0 rooms in total, including 2+1 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 1000-1199 square feet. 550 Webb Drive building was built appriximately 16-30 years ago.
              1.0 parking space(s) are owned and located undergrnd at level P1 . This condo has an ensuite laundry.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:


              AIDA has also identified the following listing features: Modern/Renovated/Well Maintained.

              Price & Cost Overview

              General:

              1907 550 Webb Drive condo apt is listed for $599,000. Property tax for year 2020 was $2,146. And the monthly maintenance fee was $662.

              Comparative Market Analysis:

              There are similar 2+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $581,726.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,248, and total expenses, including the mortgage, property tax and maintenance, fee around $2,482, assuming $599,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 1907 550 Webb Drive, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              City Centre, where 550 Webb Drive is located, has $535,896 Home Price Index, and $2,231 Home Rent Index. Average household income at dissemination area of 550 Webb Drive is $64,896, and average polulation age is 39 years old.
              Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $948,846, and average Home Rent Index $2,610.

              Similar Properties & Community Details:

              There are similar to 1907 550 Webb Drive 2 bedr condo apt condos listed For Sale and For Rent in city of Mississauga.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 550 Webb Drive.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at City Centre neighborhood in city of Mississauga.

              Schools:

              There are at least 3 school(s) located near 550 Webb Drive, or schools, which boundaries this address belongs to with an average School Score 6.77 out of 10. Here are more details about these schools:
              1. Chris Hadfield Public School, Public, Elementary, ranked as Good.
              2. Camilla Road Sr. Public School, Public, Elementary, ranked as Good.
              3. TL Kennedy Secondary School, Public, Secondary, ranked as Good.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 69, 61, and 73 accordingly, location of 550 Webb Drive overall can be described as Somewhat Walkable, Good Transit, and Very Bikeable.

              City Centre, Mississauga Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Mississauga Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (34 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 51 to 63 properties like that to be sold in City Centre during the next 30 days.
              Seasonal sales fluctuation is showing 8% inventory increase comparing to the average annual number, which is equvalent to 52.58 properties sold per month, and -9% decline comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 12 days, which is 13 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 28% D.O.M. increase comparing to the average annual number, which is equvalent to 19 D.O.M., and 7% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell at 1.97% below its asking price in City Centre.
              The selling to asking price ratio is declining in City Centre.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W5083747 Comparative Market Analysis
              1907 550 Webb Drive Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in City Centre, Mississauga, to the City of Mississauga for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +9.14% comparig to the City of Mississauga average of +16.78%

              Price Index 3y

              Price Index change was +36.90% comparig to the City of Mississauga average of +9.79%

              Rent Index 1y

              Rent Index change was -5.02% comparig to the City of Mississauga average of +2.03%

              Rent Index 3y

              Rent Index change was +36.90% comparig to the City of Mississauga average of +9.79%

              Walkscore

              Walkscore 69 out of 100 means Somewhat Walkable

              Transitscore

              Transitscore 61 out of 100 means Good Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 6.77 out of maximum 10 points

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $7,800 Cashback
              $519,900
              2+1br 2ba 800-899sf

              Prop Tax

              $1,941

              Maint.

              $585

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              74

              Compare$498,745

              $8,400 Cashback
              $559,000
              2br 2ba 900-999sf

              Prop Tax

              $1,622

              Maint.

              $549

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare n/a

              $8,200 Cashback
              $549,000
              2+1br 2ba 1200-1399sf

              Prop Tax

              $2,142

              Maint.

              $913

              Exposure

              Ne

              Mortg/m

              $ calculator

              WalkScore

              63

              Compare$522,097

              $9,300 Cashback
              $619,900
              2br 2ba 800-899sf

              Prop Tax

              $3,340

              Maint.

              $539

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              56

              Compare n/a

              Sold Cnd
              $509,900
              2br 2ba 800-899sf

              Prop Tax

              $1,900

              Maint.

              $565

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              74

              Compare$498,745

              $9,000 Cashback
              $599,000
              2br 2ba 900-999sf

              Prop Tax

              $2,640

              Maint.

              $603

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              72

              Compare$577,238

              $7,500 Cashback
              $498,786
              2br 1ba 900-999sf

              Prop Tax

              $1,750

              Maint.

              $631

              Exposure

              Se

              Mortg/m

              $ calculator

              WalkScore

              72

              Compare$473,844

              $8,600 Cashback
              $570,999
              2br 3ba 1200-1399sf

              Prop Tax

              $2,900

              Maint.

              $866

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              65

              Compare n/a

              $9,100 Cashback
              $609,000
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              Prop Tax

              $n/a

              Maint.

              $n/a

              Exposure

              Ne

              Mortg/m

              $ calculator

              WalkScore

              62

              Compare$571,095

              $8,200 Cashback
              $545,800
              2+1br 2ba 800-899sf

              Prop Tax

              $1,860

              Maint.

              $562

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              74

              Compare$486,056

              $7,500 Cashback
              $499,900
              2+1br 1ba 1000-1199sf

              Prop Tax

              $2,192

              Maint.

              $913

              Exposure

              Se

              Mortg/m

              $ calculator

              WalkScore

              67

              Compare n/a

              $8,100 Cashback
              $539,900
              2+1br 2ba 1000-1199sf

              Prop Tax

              $1,949

              Maint.

              $696

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              67

              Compare$483,038