1409-550 Webb Drive, Mississauga, ON
City Centre, Mississauga · MLS® W13576648
About this home
This beautifully upgraded 2-bedroom + solarium 1020 sq.ft. condo offers the perfect blend of style, comfort, and convenience. With expansive Large windows the home is bathed in natural light, creating a warm and inviting atmosphere throughout. Step inside to discover laminate flooring that flows seamlessly across the unit, paired with a modern kitchen featuring upgraded countertops, upgraded cabinetry, backsplash and sleek pot lights-a true chef's delight. The unit has been very well maintained and enhanced with upgraded light fixtures and pot lights. The spacious primary bedroom has 2 large his and her closets and access to the washroom that adds to the convenance. Bathroom have been thoughtfully renovated with modern touch offering a spa-like retreat within your own home. Located in a well-managed building, residents enjoy access to a full suite of luxury amenities, including: an outdoor swimming pool, an indoor hot tub, indoor sauna, an outdoor tennis court, squash and racquet courts, a fully equipped gym, a reading room, a media/movie room, a party room, beautifully landscaped outdoor garden, Recreation room for gatherings and events, Ample visitor parking at no cost, 24/7 concierge and security for peace of mind. Prime Location with easy access to Cooksville GO, Erindale GO, Mississauga (Square One) Transit Hub, close proximity to upcoming LRT, steps to Mississauga Transit Bus stop from the building and close proximity to major highways: QEW, 403 & 401, making commute effortless. Close to Downtown Mississauga, Square One Shopping Centre, Celebration Square, YMCA, Living Arts Centre, Celebration Square, Restaurants, Shops, Banks, Medical/Dental clinics, Grocery stores, Daycares, Hospitals etc.-everything you need is within reach. More than just a home, this property offers a lifestyle-a perfect blend of style, functionality, and affordability.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13576648
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 1000-1199
- Cross streets
- Burnhamthorpe Road/Confederation Dr
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $817/mo
- Exposure
- West
- Property tax
- $2,657 / 2025
- Listing brokerage
- ROYAL LEPAGE IGNITE REALTY
Rooms
laminate · large closet · window
laminate · open concept
stainless steel appl · ceramic floor
laminate · open concept
Tile Floor
his and hers closets · semi ensuite · large window
Listed at $529,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $445K, a bit lower.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $580K
- Bathrooms −$15K
- Adjusts to $565K
That comparable adjusts to $565K; the $535K estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, this is a very walkable address with everyday errands close by. Webb Dr At Redmond Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $535K, median of 8 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 10% below the area average of $538/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
City Centre, Mississauga, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Webb Dr At Redmond Rd, about 50 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Mississauga.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $423,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,262
- Property tax
- $221
- Condo / maintenance fees
- $817
- Heating
- $0
- Estimated monthly cost
- $3,301
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,073
- Estimated closing costs
- $7,073
Plus your down payment of $105,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $135,732
- Principal paid down
- $53,986
- Interest paid
- $81,745
- Balance remaining
- $369,934
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE IGNITE REALTY. MLS®/PropTx.