604-300 Webb Drive, Mississauga, ON

City Centre, Mississauga · MLS® W13872074

$398,900
For Sale
Listed 8 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Discover spacious condo living in the heart of Mississauga.
  • This bright 1 Bedroom + Den suite offers approximately 700-799 sq. ft. of well-designed living space with a functional layout and plenty of natural light.
  • A large in-suite closet, separate locker, and 1 parking space provide excellent storage and everyday convenience.
  • Enjoy the comfort and peace of mind of an exceptionally well-managed building, complemented by an impressive array of amenities including an indoor pool, sauna...

LOCATION! LOCATION! LOCATION! Discover spacious condo living in the heart of Mississauga! This bright 1 Bedroom + Den suite offers approximately 700-799 sq. ft. of well-designed living space with a functional layout and plenty of natural light. The versatile den adds valuable flexibility and can serve as a nursery, bedroom, home office, study, or cozy sitting area. A large in-suite closet, separate locker, and 1 parking space provide excellent storage and everyday convenience. Enjoy the comfort and peace of mind of an exceptionally well-managed building, complemented by an impressive array of amenities including an indoor pool, sauna, jacuzzi, gym, billiards room, tennis court, patios, party room, theatre room, library/reading area, and plenty of above-ground visitor parking for family and friends. Location is hard to beat-just steps from Square One Shopping Centre, Celebration Square, restaurants, entertainment, parks, school and public transit, with convenient access to major highways. Whether you're a first-time buyer, downsizer, or investor, this is a fantastic opportunity to own in one of Mississauga's most convenient and vibrant communities. Don't miss your chance to make this centrally located condo your new home!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13872074
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Cross streets
Burnhamthorpe & Confideration Pkwy
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$753/mo
Exposure
North West
Property tax
$2,226 / 2026
Days on market
8
Listing brokerage
TEAM HOME REALTY INC.

Rooms

Primary BedroomMain3.93 × 3.48 m

laminate · large closet

DenMain3.48 × 2.10 m

Laminate

Living RoomMain6.60 × 3.50 m

Laminate

KitchenMain3.02 × 2.48 m

tile floor · overlooks dining

Dining RoomMain6.60 × 3.50 m

laminate · combined w/living

Our TakeTeam Asgarian · Broker
A small discount is typical
$388Klikely sale price

Listed at $398,900. 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 $388K, if it sells. A realistic range is $365K to $420K.

Independent value check: $395K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $368K and $416K).

Why $395K. The typical condo sold in City Centre over the past year went for about $490K (538 sales). What sets this one apart:

  • ▼ Lowers it strongly1+1 bedrooms and 1 baths, against 2+1 and 2 typically.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,226 a year; the typical home sold here pays about $3,100.
List price
$365KBelow recent closings$420KAbove recent closings

Total price vs nearby homes. Likely closing about $388K, from 96 recent closings in this pocket.

The market behind the math:

96sold nearby · 90 days
$446Kmedian sold price
95%of asking, on average
−15%prices vs a year ago
~34 dayshomes like this take to sell
8days on market so far
$2,403/moest. rent · 17 leases
7.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 52 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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $532/sqft against an area asking average of $646/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 $465K. Condition and finishes remain an in-person call.

What the listing highlights1 point 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

Based on 5 homes sold in this building over the past two years, from 492 closings in City Centre.

What sellers nearby are askingCurrently listed nearby in City Centre · asking prices
$430kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $661/sqft; this home lists at $532/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
399kThis home399k400k430k459k460kThis home vs active comparables

Sold 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.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$525K67
November 2025$517K45
December 2025$450K33
January 2026$470K37
February 2026$469K38
March 2026$453K46
April 2026$475K51
May 2026$500K51
June 2026$488K46
July 2026$485K33
August 2026$454K43
September 2026$430K47

Neighbourhood & location

City Centre, Mississauga, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Creditview
$538K
Mississauga Valleys
$460K
Cooksville
$450K
Hurontario
$560K
Applewood
$574K

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

Affordability
$1,818/mo
$93KIncome needed
4.3×Price ÷ income
$420Weekly cost
$4,459Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

66%mortgage
Mortgage $1,818Property tax $186Condo fee $753Total carry $2,757

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,764per month

Mortgage amount $319,120 · 4.49% over 25 years

$79,780Down payment (20.0%)
$319,120Loan before insurance
$0CMHC premium
$2,703Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,764
Property tax
$186
Condo / maintenance fees
$753
Heating
$0
Estimated monthly cost
$2,703

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$4,459
Estimated closing costs
$4,459

Plus your down payment of $79,780. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,136/monthPayment at the qualifying rate

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

$210,221Total interest paid
$529,341Total of all payments
Principal $319,120 Interest $210,221
YearPrincipalInterestBalance
1$7,121$14,052$311,999
2$7,445$13,729$304,554
3$7,783$13,391$296,771
4$8,136$13,038$288,635
5$8,506$12,668$280,129
6$8,892$12,282$271,238
7$9,295$11,878$261,942
8$9,717$11,456$252,225
9$10,159$11,015$242,066
10$10,620$10,554$231,446
11$11,102$10,071$220,344
12$11,606$9,567$208,738
13$12,133$9,040$196,605
14$12,684$8,490$183,920
15$13,260$7,914$170,660
16$13,862$7,312$156,798
17$14,491$6,682$142,307
18$15,149$6,024$127,157
19$15,837$5,336$111,320
20$16,556$4,617$94,764
21$17,308$3,866$77,456
22$18,094$3,080$59,362
23$18,915$2,258$40,446
24$19,774$1,399$20,672
25$20,672$502$0

At the end of your 5-year term

Total paid over the term
$105,868
Principal paid down
$38,991
Interest paid
$66,878
Balance remaining
$280,129

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.

Let's connect

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

Rental yield
From 17 whole-home leases in City Centre$2,403/mo
$28,836Gross annual rent
3.5%Cap rate after taxes and upkeep
$2,283 to $2,523Typical rent range
~18 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 17 whole-home leases in City Centre signed at a median of $2,403 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,403. 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.

7.2%
Gross yield
− Property tax $2,226− Condo fees $9,036− Insurance $600− Vacancy & upkeep $3,172Net operating income $13,802

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of TEAM HOME REALTY INC.. MLS®/PropTx.

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