550 Webb Dr 2606
City Centre, Mississauga, L5B 3Y4
FOR SALE
$603,000
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2 + 1
BEDROOMS1
BATHROOMS1
KITCHENS5 + 1
ROOMSW11908165
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Property Description
Do Not Miss This , Spacious 2 Bedrooms + Den + 1 Bath , Carpet-Free Unit with Southwest Unobstructed Views to Lake Shore; Freshly Painted Thru out (2022), New Laminate Floors (2022); Ensuite Laundry ; 2 Owned/Exclusive Tandem Parking Spots Close to Elevator; Kitchen Features S/S Appliances, Ceramic Backsplash, Extended Cabinetry ; Living And Dining Area That Leads Out To A Spacious Balcony With Beautiful Views Of The City Skyline & Lake Shore. Master Bedroom Has A Semi-Ensuite & His/Her Closets and Access To A Huge Balcony View to South West lake area ; This Exceptionally Well-Managed Building Offers A Beautiful New Lobby & Great Amenities; Close to Major Highways and Convenient Location within Walking Distance to Square One, Celebration Square, Grand Park Plaza, YMCA, Living Arts Centre, Public Transit, Sheridan College Campus, Places Of Worship, Parks, Sports Facilities, Restaurants, Shops & So Much More!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-01 | 2025-01-06 | 66 | $610,000 | - | Terminated |
| 2024-08-08 | 2024-10-31 | 84 | $610,000 | - | Expired |
| 2024-05-24 | 2024-08-07 | 75 | $599,905 | - | Terminated |
| 2023-03-22 | 2023-04-26 | 35 | $649,900 | - | Suspended |
Extras
Convenient Underground Tandem 2 Car Parking Space Very Close to the Elevator Lobby.. Condo/Maintenance Fees Include Heat, Hydro & Water
Nearby Intersections
Property Features
Arts Centre, Library, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,414 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Exclusive (P1 129 Tandem)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 8.86' x 9.19' | Ceramic Floor, Stainless Steel Appl, O/Looks Dining |
| Dining | Flat | 10.50' x 13.12' | Laminate, Combined W/Living, Open Concept |
| Living | Flat | 9.84' x 11.32' | Laminate, W/O To Balcony, Combined W/Dining |
| Prim Bdrm | Flat | 10.33' x 14.11' | Laminate, His/Hers Closets, Semi Ensuite |
| 2nd Br | Flat | 8.86' x 10.50' | Laminate, Closet, Window |
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Mississauga Market Statistics
Mississauga Price Trend
550 Webb Dr 2606 is a 2-bedroom 1-bathroom condo listed for sale at $603,000, which is $13,587 (2.2%) lower than the average sold price of $616,587 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 2 bedroom condo in Mississauga declined by $16,204 (2.6%) compared to the previous 30 day period (November 18 - December 17) and down $24,336 (3.8%) from the same time one year ago.Inventory Change
There were 147 2-bedroom condos listed in Mississauga over the last 30 days (December 18 - January 16), which is down 10.9% compared with the previous 30 day period (November 18 - December 17) and up 41.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Mississauga typically sold ($11,171) (1.8%) below asking price over the last 30 days (December 18 - January 16), which represents a $7,293 increase compared to the previous 30 day period (November 18 - December 17) and ($18,741) 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 2-bedroom condos in Mississauga over the last 30 days (December 18 - January 16) stood at 38.1%, down from 50.9% over the previous 30 days (November 18 - December 17) and down from 61.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Mississauga stood at 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 76 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Specialists Inc.
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