550 Webb Dr 510
City Centre, Mississauga, L5B 3Y4
FOR SALE
$630,000

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Property Description
Spacious Corner Unit of 1145 Sq Ft with Abundant Natural Light. Conveniently Situated within Walking Distance to Square One Mall, Public Transit, Restaurants, Schools, and Parks. Well-Maintained Building Featuring a Private Fenced 2 Acre Park, Outdoor Pool, Tennis Court, Hot Tub/Sauna, and More. Ample Visitor Parking Available. Enjoy 2 Walk-Out Balconies. Recently Renovated Lobby and Numerous Building Improvements. Two Generously Sized Bedrooms, Large Balcony, 2 Parking Spaces, and a Locker. Versatile Solarium Perfect for Office or Breakfast Area. Low Maintenance Fees Covering All Utilities.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-04-10 | 2024-07-08 | 89 | $599,900 | - | Suspended |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,650 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned (B)
Parking 2
Exclusive (B)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 9.15' x 12.01' | Ceramic Floor, Window, West View |
Solarium | Main | 6.76' x 8.50' | Ceramic Floor, Window, West View |
Living | Main | 12.50' x 12.66' | Broadloom, Open Concept, Combined W/Dining |
Dining | Main | 6.23' x 12.83' | Broadloom, Open Concept, Combined W/Library |
Br | Main | 10.99' x 14.57' | Broadloom, 4 Pc Ensuite, W/O To Balcony |
2nd Br | Main | 8.89' x 10.50' | Broadloom, W/O To Balcony |
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Mississauga Market Statistics
Mississauga Price Trend
550 Webb Dr 510 is a 2-bedroom 2-bathroom condo listed for sale at $630,000, which is $18,795 (2.9%) lower than the average sold price of $648,795 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Mississauga increased by $30,357 (4.9%) compared to the previous 30 day period (December 22 - January 20) and down $3,391 (0.5%) from the same time one year ago.Inventory Change
There were 228 2-bedroom condos listed in Mississauga over the last 30 days (January 21 - February 19), which is up 31.0% compared with the previous 30 day period (December 22 - January 20) and up 29.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Mississauga typically sold ($14,354) (2.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $4,339 decrease compared to the previous 30 day period (December 22 - January 20) and ($17,235) 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 (January 21 - February 19) stood at 17.5%, down from 32.8% over the previous 30 days (December 22 - January 20) and down from 55.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Mississauga stood at 31 days when successfully sold over the last 30 days (January 21 - February 19), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Ltd.
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