1504-223 Webb Drive, Mississauga, ON
City Centre, Mississauga · MLS® W13834596
About this home
In short
- Modern & Stylish 1+1, 2 Bath Suite In The Heart Of Mississauga City Centre.
- South/East-Facing Filled With Plenty Of Natural Lights, This Bright & Spacious Suite Comes With One Indoor Parking Which Is Right Beside The Elevator , Providing The...
- This Gorgeous Home Features A Functional Open-Concept Layout With Floor-To-Ceiling Windows And Breathtaking Panoramic Lake And City Views From Your Own Private...
- Open-Concept Kitchen Features S/S Appliances, Granite Counter Tops, Back Splash, A Generous Centre Island, And Ample Cabinet Storage.
- Enjoy Resort-Style Building Amenities Including 24 Hrs Security, A Fully Equipped Gym, Indoor Pool, Sauna, Games & Party Room, Rooftop Garden & BBQ, And So Much More...
Modern & Stylish 1+1, 2 Bath Suite In The Heart Of Mississauga City Centre! South/East-Facing Filled With Plenty Of Natural Lights, This Bright & Spacious Suite Comes With One Indoor Parking Which Is Right Beside The Elevator , Providing The Most Connivence For Every Day Living. This Gorgeous Home Features A Functional Open-Concept Layout With Floor-To-Ceiling Windows And Breathtaking Panoramic Lake And City Views From Your Own Private Balcony Decorated By Black Dark Deck Tiles, Is Ideal For Gardening, Morning Coffee Or Evening Relaxation High Above The City. The Expansive Living & Dining Areas Are Enhanced By A Stylish Stone Feature Wall, Creating A Contemporary And Inviting Living Space. Open-Concept Kitchen Features S/S Appliances, Granite Counter Tops, Back Splash, A Generous Centre Island, And Ample Cabinet Storage. Primary Bedroom Includes A Floor-To-Ceiling Window And Double Closet With Organizers. A Well-Sized Den Shows Flexible Space For A Home Office, Study, Or Additional Living Area. Enjoy Resort-Style Building Amenities Including 24 Hrs Security, A Fully Equipped Gym, Indoor Pool, Sauna, Games & Party Room, Rooftop Garden & BBQ, And So Much More (The Building Is Absolutely Pets Friendly). Perfect Location In Center Of Mississauga, Steps To Square One, YMCA, Sheridan College, Celebration Square, Living Arts Centre, City Hall, Central Library, T&T Supermarket, Public Transit, And GO Bus Station. Easy Access To UTM, Hwy 403, 401 & QEW. A Dream Home Combination Of Style, Comfort, Convenience, And Vibrant City-Centre Living!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13834596
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 2 (1 half)
- Size
- 600-699 sq ft
- Cross streets
- Duke of York / Webb Dr
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Foundation
- Unknown
- Roof
- Unknown
- Maintenance
- $637/mo
- Exposure
- South East
- Property tax
- $2,959 / 2026
- Days on market
- 17
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
laminate · combined w/dining · w/o to balcony
open concept · stainless steel appl · centre island
laminate · separate room
window floor to ceiling · closet
laminate · open concept · combined w/living
Listed at $430,000. Going by how homes in City Centre have actually closed against their asking prices (about 97%, 96 local closings in 90 days), the likely sale price is near $418K, if it sells. A realistic range is $394K to $452K.
Independent value check: $431K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $401K and $453K).
Why $431K. The typical condo sold in City Centre over the past year went for about $490K (538 sales). What sets this one apart:
- ▼ Lowers it1+1 bedrooms and 2 baths, against 2+1 and 2 typically.
- ▼ Lowers it slightlyIt is 600 to 699 sq ft; the typical home sold here is 700 to 799.
Total price vs nearby homes. Likely closing about $418K, from 96 recent closings in this pocket.
The market behind the math:
About 1.4 months of inventory: 46 condo apartment homes for sale in the area against 96 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $662/sqft against an area asking average of $652/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 96 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $417K. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Open-concept layout: modern, sought-after flow. Lifestyle
- Elevator: rare and valuable for accessibility and resale. Lifestyle
Based on 3 homes sold in this building over the past 14 months, plus 2 nearby in City Centre, from 487 closings in City Centre.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $623/sqft; this home lists at $662/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in City Centre: $430K in September 2026, down 9% from a year ago, on 537 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $525K | 67 |
| November 2025 | $517K | 45 |
| December 2025 | $450K | 33 |
| January 2026 | $470K | 37 |
| February 2026 | $469K | 38 |
| March 2026 | $453K | 46 |
| April 2026 | $475K | 51 |
| May 2026 | $500K | 51 |
| June 2026 | $488K | 46 |
| July 2026 | $485K | 33 |
| August 2026 | $454K | 43 |
| September 2026 | $430K | 47 |
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.
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 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $344,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,902
- Property tax
- $247
- Condo / maintenance fees
- $637
- Heating
- $0
- Estimated monthly cost
- $2,786
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $5,075
- Estimated closing costs
- $5,075
Plus your down payment of $86,000. 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
- $114,122
- Principal paid down
- $42,030
- Interest paid
- $72,092
- Balance remaining
- $301,970
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 numbersThe last 491 whole-home leases in City Centre signed at a median of $2,504 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,431. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.