225 Webb Dr 2406
City Centre, Mississauga, L5B 2P2
FOR SALE
$468,800
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BEDROOMS2
BATHROOMS1
KITCHENS4
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Property Description
This luxurious 1-bedroom + den, 2-bathroom condo is located in the heart of Mississauga, offering a spacious and modern open-concept layout with stunning kitchen cabinets and elegant granite countertops. The kitchen comes equipped with stainless steel appliances, including a fridge, stove, dishwasher, microwave, washer, and dryer. The condo also features a breakfast bar, perfect for casual dining and entertaining.The building offers first-class amenities, including a 24-hour concierge, an indoor pool, a spa, a gym, and much more, ensuring residents enjoy a high standard of living. Conveniently located within walking distance of Square One Shopping Centre, the library, and Living Arts Centre, with easy access to public transit. Step out onto the balcony and enjoy spectacular views of the Toronto skyline and Lake Ontario.This property is currently fully rented, with tenants paying $2,350 per month. The tenants are willing to stay, offering potential for continued rental income. However, vacant possession is also possible for those seeking to move in or explore other options. Additionally, the unit includes one parking spot and one indoor locker for your convenience.Dont miss out on this incredible opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-05-02 | 2019-05-03 | 1 | $429,900 | $455,000 | Sold |
| 2019-02-12 | 2019-05-01 | 78 | $424,999 | - | Terminated |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,892 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (P2 #24)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 10.40' x 15.09' | W/O To Balcony, Wood Floor |
| Kitchen | Ground | 7.84' x 8.43' | Granite Counter, Breakfast Bar |
| Prim Bdrm | Ground | 9.58' x 11.78' | 4 Pc Ensuite, His/Hers Closets |
| Den | Ground | 5.97' x 7.09' | Wood Floor |
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Mississauga Market Statistics
Mississauga Price Trend
225 Webb Dr 2406 is a 1-bedroom 2-bathroom condo listed for sale at $468,800, which is $51,027 (9.8%) lower than the average sold price of $519,827 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Mississauga declined by $369 (0.1%) compared to the previous 30 day period (December 22 - January 20) and down $13,502 (2.5%) from the same time one year ago.Inventory Change
There were 138 1-bedroom condos listed in Mississauga over the last 30 days (January 21 - February 19), which is up 29.0% compared with the previous 30 day period (December 22 - January 20) and up 39.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Mississauga typically sold ($8,937) (1.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $4,573 increase compared to the previous 30 day period (December 22 - January 20) and ($11,644) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Mississauga over the last 30 days (January 21 - February 19) stood at 21.0%, down from 26.2% over the previous 30 days (December 22 - January 20) and down from 65.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Mississauga stood at 26 days when successfully sold over the last 30 days (January 21 - February 19), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Meadowtowne Realty
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