550 Webb Dr 1001

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550 Webb Dr 1001, Mississauga
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2 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
W3852723
MLSID
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Property Description
Spacious 2 Bedroom Unit Plus Solarium With Large (Over 5 1/2 X 13Ft) Balcony. Master Bedroom Has His & Her Closet And Semi-Ensuite. Laundry Has Full Sized Washer And Dryer. Ensuite Locker.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-05-04 2021-05-13 9 $549,900 $550,000 Sold
Extras
Washer, Dryer, Fridge, Stove, Built-In Dishwasher, Blinds, Mirrored Doors. Conveniently Located To Transit, Shopping, Square 1, Library Etc. Plenty Of Visitor Parking.
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$1,934 (2017)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingFlat10.47' x 18.37'Combined W/Dining, Laminate
DiningFlat10.79' x 19.03'Combined W/Living, Laminate
KitchenFlat8.79' x 9.06'Ceramic Floor
SolariumFlat7.38' x 9.74'Laminate, W/O To Balcony
MasterFlat10.43' x 12.50'Laminate, Semi Ensuite, His/Hers Closets
2nd BrFlat8.76' x 9.19'Laminate
OtherFlat5.51' x 12.99'Balcony
LockerFlat5.94' x 6.23'Ceramic Floor
Mississauga Market Statistics
Mississauga Price Trend
550 Webb Dr 1001 is a 2-bedroom 1-bathroom condo listed for sale at $399,000, which is $246,251 (38.2%) lower than the average sold price of $645,251 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 2 bedroom condo in Mississauga declined by $2,273 (0.4%) compared to the previous 30 day period (February 19 - March 19) and down $12,843 (2.0%) from the same time one year ago.
Inventory Change
There were 229 2-bedroom condos listed in Mississauga over the last 30 days (March 20 - April 18), which is up 3.2% compared with the previous 30 day period (February 19 - March 19) and up 38.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Mississauga typically sold ($12,602) (2.0%) below asking price over the last 30 days (March 20 - April 18), which represents a $2,274 decrease compared to the previous 30 day period (February 19 - March 19) and ($12,756) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Mississauga over the last 30 days (March 20 - April 18) stood at 65.1%, up from 46.4% over the previous 30 days (February 19 - March 19) and down from 82.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Mississauga stood at 32 days when successfully sold over the last 30 days (March 20 - April 18), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Credit Valley Real Estate, Brokerage
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