550 Webb Dr 1406

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550 Webb Dr 1406, Mississauga
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2 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
W3959309
MLSID
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Property Description
Best Value Condo! Two Parking Spots! Located In The Heart Of Mississauga. This 955 Sqft Popular "Phoenix Towers" Condo Offers Extensive Amenities: 24Hr Concierge And Security Guard, Outdoor Pool, Gym, Party Room, Sauna, Hot Tub, Squash And Tennis Courts. Two Underground Parking Spots On Ground Floor (One Owned And One Exclusive). Panoramic South Views Of Lake Ontario And The City. Very Clean With Two Sun Drenched Bedrooms & Open Concept Solarium.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-12-10 2019-12-13 5 $459,900 $459,000 Sold
Extras
Best Value Condo! Beautifully Landscaped Grounds, Reasonable Maintenance Fees. Close To Square One, Celebration Square, Go Station, Hwy 403, Living Arts Centre, Parks And Shopping.Walking Distance To International Food Market.
Property Features
Arts Centre, Hospital, Library, Park, Public Transit, School
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$1,915 (2016)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
2
Parking 1
Owned (Ground)
Parking 2
Exclusive (Ground)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat10.56' x 18.11'Laminate, Combined W/Dining, Open Concept
DiningFlat10.56' x 18.11'Laminate, Combined W/Dining, Open Concept
DenFlat7.28' x 9.91'Laminate, W/O To Balcony, Open Concept
KitchenFlat9.25' x 9.71'Ceramic Floor, O/Looks Living
MasterFlat10.37' x 14.17'Broadloom, His/Hers Closets, Semi Ensuite
2nd BrFlat8.96' x 10.07'Broadloom, Large Closet, Large Window
Mississauga Market Statistics
Mississauga Price Trend
550 Webb Dr 1406 is a 2-bedroom 1-bathroom condo listed for sale at $365,000, which is $275,374 (43.0%) lower than the average sold price of $640,374 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 2 bedroom condo in Mississauga declined by $11,677 (1.8%) compared to the previous 30 day period (February 25 - March 25) and down $12,246 (1.9%) from the same time one year ago.
Inventory Change
There were 235 2-bedroom condos listed in Mississauga over the last 30 days (March 26 - April 24), which is up 14.1% compared with the previous 30 day period (February 25 - March 25) and up 44.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Mississauga typically sold ($12,870) (2.0%) below asking price over the last 30 days (March 26 - April 24), which represents a $470 decrease compared to the previous 30 day period (February 25 - March 25) and ($12,578) less 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 26 - April 24) stood at 66.0%, up from 47.6% over the previous 30 days (February 25 - March 25) and down from 84.0% 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 33 days when successfully sold over the last 30 days (March 26 - April 24), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Heritage Group Ltd., Brokerage
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