Condo for sale at 1505-550 Webb Drive, Mississauga, Ontario, L5B 3Y4 - City Centre - MLS: W12485994

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1505-550 Webb Drive

Mississauga, Ontario, L5B 3Y4 - City Centre

$549,000

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Neighbourhood

City Centre
Major Intersection

Burnhamthorpe Rd. W. & Confederation Pkwy.

Listed Since: 15 day(s)
Last update: today

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Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

1
Square Feet

1000-1199
Exposure

South
Total Parking

2 Underground Garage
Maintenance

$747
Taxes

$2,719.07 (2025)
Balcony

Open

Property Description

Property description for 1505-550 Webb Drive, Mississauga

Recently updated and beautifully refreshed, this spacious 2-bedroom + solarium condo combines modern comfort with spectacular, sun-drenched views. The desirable split-bedroom layout offers privacy and function, with each bedroom positioned on opposite sides of the suite - ideal for families, roommates, or anyone craving their own space. A wall of floor-to-ceiling windows floods the open-concept living and dining areas with natural light, framing unobstructed south-facing views of the lake, skyline, and even downtown Toronto on a clear day. The bright solarium is perfect for a home office or cozy reading nook, while the private balcony invites you to unwind and take in the panoramic scenery. Inside, the suite has been thoughtfully refreshed with a neutral palette, updated luxury flooring, lighting, custom blinds, and stylish finishes that create an airy, move-in-ready feel. The generous kitchen features newly purchased stainless steel appliances as well as ample cabinet space and a breakfast area overlooking the city - ideal for casual meals or morning coffee. Set within a well-managed building with resort-style amenities - 24-hour concierge, outdoor pool, tennis court, gym, sauna, and more - residents also enjoy virtually all utilities included in maintenance fees, plus two parking spaces and a locker for added convenience. Perfectly positioned in the heart of Mississauga, just steps from Square One, Celebration Square, parks, top-rated schools, and transit, with easy access to major highways for commuters. Welcome to 550 Webb Drive, Suite 1505 - a stylish, sunlit home that offers space, privacy, and sweeping views in one of Mississauga's most connected communities.

Listed by SUTTON GROUP OLD MILL REALTY INC.

Property details

MLS #

W12485994
Sq. Ft

1000-1199
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 2 spaces
Parking Type

Owned
Locker

Ensuite+Owned
Pets Permitted

N
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Heat, Hydro, Parking, Water
Property Management

Maple Ridge Community Management Ltd.
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

W12485994
Sq. Ft

1000-1199
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 2 spaces
Parking Type

Owned
Locker

Ensuite+Owned
Pets Permitted

N
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Heat, Hydro, Parking, Water
Property Management

Maple Ridge Community Management Ltd.
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

6.02 x 1.35 ft Flat level

Combined W/Dining, South View, Vinyl Floor
Dining

2.39 x 2.31 ft Flat level

Combined W/Living, West View, Vinyl Floor
Kitchen

2.51 x 2.21 ft Flat level

Stainless Steel Appl, Tile Floor, Breakfast Area
Solarium

5.72 x 1.96 ft Flat level

South View, W/O To Balcony, Vinyl Floor
Primary

4.29 x 3.02 ft Flat level

His/Hers Closets, W/O To Balcony, Semi Ensuite
2nd Br

4.8 x 2.95 ft Flat level

Double Closet, Picture Window, Vinyl Floor
Laundry

1.52 x 1.52 ft Flat level

Separate Rm, Tile Floor, B/I Shelves
Bathroom

2.41 x 1.4 ft Flat level

Semi Ensuite, 4 Pc Bath, Tile Floor

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

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Local Real Estate Price Trends for Condo Apt in City Centre

Active listings

314

Average Selling Price of a Condo Apt

October 2025

$525,644

Last 3 Months

$520,845

Last 12 Months

$545,485

October 2024

$580,509

Last 3 Months LY

$568,548

Last 12 Months LY

$601,506

Change

-9%

Change

-8%

Change

-9%

Historical Average Selling Price of a Condo Apt in City Centre

Average Selling Price

3 years ago

$627,590

Average Selling Price

5 years ago

$530,720

Average Selling Price

10 years ago

$283,529

Change

-16%

Change

-1%

Change

85%

Number of Condo Apt Sold

October 2025

Last 3 Months

Last 12 Months

October 2024

Last 3 Months LY

Last 12 Months LY

Change

18%

Change

15%

Change

-9%

How many days Condo Apt takes to sell (DOM)

October 2025

Last 3 Months

Last 12 Months

October 2024

Last 3 Months LY

Last 12 Months LY

Change

13%

Average Selling price

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.