550 Webb Dr 1705

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550 Webb Dr 1705, Mississauga
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2 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
W4161987
MLSID
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Property Description
Welcome To Your New Home Stunning, Large Condo Located In A Sought After Area Of Square One. Breathtaking Views Of Lake Ontario And Downtown Toronto. Open Concept, Bright End Unit With A Well Thought Out Floorplan And Generous Sized Rooms. Extremely Well Maintained Building, Manicured Grounds, Movie Theatre, Pool, Gym, Hot Tub, Tennis Courts, Etc. Walking Distance To Square One, Transit, Parks, Living Arts Centre, Restaurants And More.
Extras
Close Proximity To Grocery Stores, Ymca, Schools, Highway And Airport. Clothes Washer/Dryer, Fridge, Stove, Dishwasher, All Electrical Light Fixtures, All Window Coverings.
Property Features
Arts Centre, Clear View, Library, Place Of Worship, Public Transit, Rec Centre
Property Details
Street
Community
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,052 (2018)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (P1)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
KitchenMain7.97' x 8.89'Ceramic Floor, Ceramic Back Splash, Combined W/Sunroom
DiningMain7.97' x 8.89'Broadloom, West View, Combined W/Living
LivingMain10.60' x 16.11'Balcony, Open Concept, Combined W/Sunroom
SunroomMain6.10' x 18.60'Broadloom, South View, Combined W/Kitchen
MasterMain10.60' x 14.07'Balcony, Semi Ensuite, W/I Closet
2nd BrMain8.99' x 11.98'Broadloom, West View, Closet
Mississauga Market Statistics
Mississauga Price Trend
550 Webb Dr 1705 is a 2-bedroom 1-bathroom condo listed for sale at $424,800, which is $214,310 (33.5%) 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 Jn Asensio Realty Inc., Brokerage
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