225 Webb Drive Unit 1508, Mississauga

Price: $498,888

3 bedrooms, 2 bathrooms

900 sq ft

Property Type: Condo

MLS#: W12781806

Step into this beautifully updated corner suite, where modern style meets everyday comfort.Offering 2 bedrooms, 2 full bathrooms, and a versatile den perfect for a home office or study, this southeast facing unit is bathed in natural sunlight. It's ready for you to move right in.The open concept kitchen boasts a breakfast bar, stainless steel appliances, and a chic backsplash, ideal for both cooking and entertaining. The spacious primary bedroom features his and hers closets and a private ensuite, while the second bedroom offers a welcoming retreat for family or guests. Stylish laminate flooring flows throughout, complemented by the convenience of ensuite laundry, one parking spot, and a locker. Set in a highly sought after building with top tier amenities, 24-hour security, indoor pool, sauna and a children's play area. You'll bejust steps from transit, major highways, shopping, and dining, a perfect blend of elegance, convenience, and comfort awaits.

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$498,888 - 225 Webb Drive Unit 1508, Mississauga

Condo for Sale in Mississauga

3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W12781806
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
City
Mississauga
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
SUTTON GROUP OLD MILL REALTY INC.
Description

Step into this beautifully updated corner suite, where modern style meets everyday comfort.Offering 2 bedrooms, 2 full bathrooms, and a versatile den perfect for a home office or study, this southeast facing unit is bathed in natural sunlight. It's ready for you to move right in.The open concept kitchen boasts a breakfast bar, stainless steel appliances, and a chic backsplash, ideal for both cooking and entertaining. The spacious primary bedroom features his and hers closets and a private ensuite, while the second bedroom offers a welcoming retreat for family or guests. Stylish laminate flooring flows throughout, complemented by the convenience of ensuite laundry, one parking spot, and a locker. Set in a highly sought after building with top tier amenities, 24-hour security, indoor pool, sauna and a children's play area. You'll bejust steps from transit, major highways, shopping, and dining, a perfect blend of elegance, convenience, and comfort awaits.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,559.55/mo

Includes CMHC insurance ($13,919)

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5-yr fixed avg.

Principal: $448,999Interest: $304,948
Mortgage Amount$462,918
Total Interest$304,948
Est. Property Tax$353/mo
Total Cost$767,866

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.

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

225 Webb Drive Unit 1508, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,638

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

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $554/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.

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