550 Webb Dr 1706

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550 Webb Dr 1706, Mississauga
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2 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
W4045752
MLSID
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Property Description
Best Value Condo Located In The Heart Of Mississauga! 2 Underground Parking Spots(1 Owned + 1 Exclusive). Extremely Clean Unit With Two Sun Drenched Bedrooms & Open Concept Solarium. Engineered Hardwood Floors. Unobstructed View Of Skyline-Breathtaking Views Of Lake Ontario And The City. This "Phoenix Towers" Condo Offers Extensive Amenities W/Reasonable Maintenance Fees: 24Hr Concierge, Outdoor Pool, Gym, Party Room, Sauna, Hot Tub, Squash And Tennis Courts.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-09-27 2022-09-29 2 $2,800 - Terminated
2022-10-18 2022-10-21 3 $2,800 $2,800 Leased
2022-09-27 2022-09-29 2 $2,800 - Terminated
2022-06-27 2022-07-26 29 $599,000 $560,000 Sold
Extras
Fridge, Stove, Dw, Microwave, W/D. All Electrical Light Fixtures And Window Blinds. Walking Distance To Theatres, Living Arts Centre, Square One, Winners, Restaurants,Tnt Supermarket,Ymca, Library, Minutes Away Hwy 403/401/Qew & Go Station.
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$1,924 (2017)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Exclusive
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat12.14' x 10.60'Hardwood Floor, Combined W/Dining, Combined W/Den
DiningFlat6.89' x 10.60'Hardwood Floor, Combined W/Living
KitchenFlat9.19' x 8.92'Granite Counter, Ceramic Floor, Backsplash
MasterFlat13.12' x 10.33'Broadloom, W/O To Balcony, Double Closet
BrFlat10.76' x 8.76'Hardwood Floor, Closet, Window
DenFlat9.78' x 7.22'Hardwood Floor, W/O To Balcony, Open Concept
Mississauga Market Statistics
Mississauga Price Trend
550 Webb Dr 1706 is a 2-bedroom 1-bathroom condo listed for sale at $399,000, which is $240,110 (37.6%) lower than the average sold price of $639,110 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 2 bedroom condo in Mississauga declined by $10,495 (1.6%) compared to the previous 30 day period (February 26 - March 26) and down $18,997 (2.9%) from the same time one year ago.
Inventory Change
There were 244 2-bedroom condos listed in Mississauga over the last 30 days (March 27 - April 25), which is up 15.6% compared with the previous 30 day period (February 26 - March 26) and up 40.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Mississauga typically sold ($12,342) (1.9%) below asking price over the last 30 days (March 27 - April 25), which represents a $1,061 increase compared to the previous 30 day period (February 26 - March 26) and ($12,268) 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 27 - April 25) stood at 63.1%, up from 49.3% over the previous 30 days (February 26 - March 26) and down from 79.9% 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 27 - April 25), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Aimhome Realty Inc., Brokerage
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