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550 Webb Drive 2406, Mississauga, ON L5B 3Y4 - View 1

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$579,000

Listed at: $584,900

Off-Market

550 Webb Drive 2406, Mississauga, ON L5B 3Y4

3Bedrooms

1Bathrooms

1Parking

Sold on Nov 7, 2024

6 Days on Market

Key Highlights

Property TypeResidential Condo & Other

Property Sub TypeCondo Apartment

CityMississauga

NeighbourhoodCity Centre

Days on Market6 Days

Sold DateNov 7, 2024

ExposureSouth

LockerNone

BasementNone

Property Description

Low Maintenance that includes all utilities. Seller is very motivated. Discover this modern spacious 2Bed+Den condo with stunning lake Ontario views, just steps from Square One. This condo offers a perfect blend of comfort and convenience. Enjoy cooking in a newly renovated kitchen, unwind with spectacular views of the...

Property Details

Construction MaterialsConcrete

Approximate Age0

MLS StatusSold

MLSW9993143

Sold DateNov 7, 2024

Annual Taxes$2,230.29

Maintenance Fees$634.02

Maintenance Fee IncludesCAC Included, Common Elements Included, Heat Included, Hydro Included, Building Insurance Included, Parking Included, Water Included

Building NamePhoenix Condos By Menkes Developments

Cross StreetsConfederation Parkway and Burnhamthorpe Road

Interior Features

HeatingForced Air (Gas)

CoolingCentral Air

LaundryMain Level

Interior FeaturesNone

Exterior Features

Architectural StyleCondo Apartment

Garage TypeUnderground

Pets AllowedYes-with Restrictions

ElevatorYes

Exterior FeaturesConcrete

Building & Property Amenities

concierge

gym

outdoor pool

tennis court

visitor parking

party room/meeting room

cac included

common elements included

heat included

hydro included

building insurance included

parking included

water included

Comprehensive Specifications

AreaPeel

Association Y NYes

Attached Garage Y NYes

Balcony TypeOpen

Bedrooms Above Grade2

Bedrooms Below Grade1

Board Property TypeCondo

Buyer Office NameHOMELIFE/REALTY ONE LTD.

Contract StatusUnavailable

Cooling Y NYes

Garage Y NYes

Geocode SourceMAPBOX

Heating Y NYes

InclusionsStainless Steel Fridge, Stove, Dishwasher (2022), Microwave (2022). All Electric Light Fixtures, Window Coverings, Washer & Dryer (2022)

Kitchens Above Grade1

Kitchens Total1

Legal Stories23

List A O RToronto Regional Real Estate Board

Living Area Range900-999

LockYes

M L S Area District Old ZoneW00

M L S Area Municipality DistrictMississauga

Main Level Bathrooms0

Main Level Bedrooms1

Parking Level Unit1P2 55

Parking Spot155

Parking Type1Exclusive

Percent List Price99

Permission To Contact Listing Broker To AdvertiseYes

Picture Y NYes

Possession DetailsImmediate

Property Attached Y NYes

Property Management CompanyAndrejs Management Inc 905-277-5143

Public Remarks ExtrasNewly renovated stunning modern kitchen with sleek quartz countertops, potlights and ample storage space. Beautifully upgraded bathroom featuring contemporary fixtures and finishes: new vanity with quartz countertop & luxurious led mirror.

Purchase Contract Date2024-11-06

Rooms Above Grade8

Rooms Total5

Showing AppointmentsAnytime

Sold Conditional Entry TimestampNov 11, 2024, 7:01 PM

Sold Entry TimestampNov 16, 2024, 3:14 AM

Square Foot SourceAs Per Floor Plan

Street SuffixDrive

Street Suffix CodeDr

Tax Year2023

TownMississauga

U F F INo

Unit Number2406

Washrooms Type11

Washrooms Type1 LevelMain

Washrooms Type1 Pcs4

Map

Rooms

Name	Size	Meter Features
Dining Room	3.25 x 5.92 m
Den	2.85 x 2.85 m
Kitchen	2.74 x 3.05 m

Mortgage Calculator & Financial Insights

Estimated Paymentmonthly

$3,820 / month

Req. Household Income

$127,696/yr

Est. Upfront Cash

$38,455

Down Payment (5.7%)$32,900

5.7% ($32,900)50% ($289,500)

Interest Rate4.04%

Amortization Period

Monthly Payment Breakdown

Principal & Interest

$3,000

Property Taxes

$186

Maintenance Fees

$634

Req. Household Income (32% GDS):$127,696/yr

* Disclaimer: Estimated calculations for informational purposes only. Actual payments may vary based on lender approval, interest rates, taxes, insurance, and other applicable costs.