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$474,000
550 Webb Drive · Mississauga · Ontario L5B 3Y4
39 days on market
Bright, clean, and beautifully maintained, this 2-bedroom + Den, open-concept condo is completely move-in ready. The thoughtful layout features two spacious bedrooms, a 3-piece semi-ensuite and a large, south-facing solarium that fills the entire living space with natural light. Recent updates include fresh paint, modern laminate flooring, custom zebra blinds, and upgraded light fixtures. The kitchen has been fully modernized and comes equipped with brand - new appliances, including a new stove…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $20KPrice reduction
MLS shows the seller reduced the asking price by $20,000 (from $494,000 to $474,000).
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: ROYAL LEPAGE CERTIFIED REALTY
Source: TRREB/PROPTX · MLS® W13780828
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~950 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 39% of your true cost of ownership. The other 61% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $21,579 | $1,798/mo |
| Government & taxes | ||
| Property tax | $2,585 | $215/mo |
| Land transfer tax(closing) | $5,955 | $496/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $4,740 | $395/mo |
| Condo fees | ||
| Condo / HOA fees | $9,192 | $766/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $54,711 | $4,559/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.