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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W14084892For SaleCondominium

603-225 Webb Dr

City Centre, Mississauga, Ontario L5B 4P2

Map
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603-225 Webb Dr, Mississauga, photo 1
Asking$409,999
Bedrooms
1+1
Bathrooms
2
Size
700–799sq ft
Per sq ft
$547at the range’s middle
Tax a year
$2,8952025 tax year
Parking
11 underground
Days on market
Members

The brief

About 603-225 Webb Dr

603-225 Webb Dr is a 1+1-bedroom, 2-bathroom condo in City Centre, Mississauga, listed for sale at an asking price of $409,999 (MLS® W14084892).

Top 5 Reasons To Make This Condo YOURS ! #1) Bright & Spacious: Approx. 721 Sq Ft + Open Balcony, Featuring Floor-To-Ceiling Windows, Hardwood Flooring & An Open-Concept Layout That Creates A Bright, Airy & Inviting Atmosphere. The Spacious Separate Den Is A Major Highlight, Offering Versatility As A Home Office, Guest Room Or Additional Bedroom. #2) Modern Kitchen & Entertaining: Stylish Kitchen Features Stainless Steel Appliances, Granite Countertops, Ceramic Backsplash, Ample Cabinetry & A Kitchen Island With Breakfast Bar Seating, Ideal For Casual Dining, Morning Coffee & Entertaining. The Combined Living & Dining Area Offers A Seamless Space For Relaxing & Hosting, With Direct Walkout To The Open Balcony. #3) Comfortable Primary Bedroom & 1.5 Baths: Generously Sized Primary Bedroom Features A Large Window, Hardwood Flooring & Excellent Natural Light. Convenient 1.5-Bath Layout Includes A Full 4-Pc Bathroom & Separate 2-Pc Powder Room. Ensuite Laundry Adds Practicality & Convenience To Everyday Living. #4) Luxury Resort-Style Amenities: With 24-Hour Concierge, Indoor Pool, Hot Tub, Spa, Fully Equipped Gym, Yoga & Pilates Room, Party/Meeting Room, Outdoor BBQ Space & More. One Underground Parking Spot & Exclusive Locker Also Included. #5) Exceptional City Centre Location: Located In The Heart Of Mississauga, Just Minutes From Celeb Square & Sq One Mall, With Easy Access To Restaurants, Shopping, Parks, Schools, Public Transit, Library & Major Hways. Future Hazel McCallion LRT Service Will Further Enhance Transit Connectivity Throughout Mississauga's City Centre. Space, With Approx. 721 SqFt, A Multi-Purpose Den, Kitchen Island With B/Bar, Open Balcony, 1.5 Baths, Parking & Locker, This Is A Fantastic Opportunity For First-Time Buyers Or Investors Seeking City Centre Lifestyle! ***Some Images Have Been Digitally Enhanced & Virtually Staged To Showcase The Potential Use & Layout Of The Rooms***Book Your Showing Today & Experience This Exceptional Condo In Person

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Near break-even

    −$237/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 259 condos with 2 bedrooms for lease in Mississauga right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$2,895 / 2025
MLS® number
W14084892
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
700-799 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: ROYAL LEPAGE CERTIFIED REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
City Centre
Municipality
Mississauga

Building

Size
700-799 sqft
Construction
Concrete

Inside

Bedrooms
1+1
Bathrooms
2
Bathroom Details
1 × 4pc Main, 1 × 2pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Condo maint.
$725

Rooms

RoomSizeFeaturesLevel
Living3.02 × 4.85 mhardwood floor, Combined W/Dining, W/O To BalconyMain
Dining3.02 × 4.85 mhardwood floor, Combined W/Living, Breakfast BarMain
Kitchen3.08 × 3.52 mGranite Counter, Stainless Steel Appl, Ceramic FloorMain
Primary2.96 × 4.99 m4 Pc Ensuite, Double Closet, Large WindowMain
Den1.85 × 3.5 m—Main
Laundry1.37 × 1.06 mCeramic Floor, Separate Rm, carpet freeMain
Foyer1.52 × 3.04 mCeramic Floor, Combined W/Den, ClosetMain

Listing history

Buy/sell history for 603-225 Webb Dr, Mississauga, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$409,999N/AFor SaleW14084892

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $82,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$82,000
Total mortgage amount
$327,999
Total interest payment
$233,301
Total purchase cost
$643,300
Mortgage payment
$1,871/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

30%

Monthly carrying cost

$2,837
−$237per month
  • Rent $2,600
  • Shortfall $237

Rental income opens at $2,600, the median asking rent of 259 comparable homes for lease in Mississauga. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$4,675
Total land transfer tax
$4,675
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$675
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $409,999
$200
Ontario total
$4,675

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The market

Condos for sale in City Centre right now

For sale now
283
Median asking price
$500K

Middle half: $446K to $585K

New in 7 days
28

100 in 28 days

Price cuts
19%

54 listings

This home is asking 18% below the median, lower than three quarters of them.

See all homes in City Centre

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Mississauga City Centre Transit TerminalBrampton Transit bus rapid transit: Züm Main900 m
Cooksville GOGO Transit train: Milton1.4 km
Central Parkway StationMiWay bus rapid transit: Transitway2.2 km
Hurontario St at Eglinton AveBrampton Transit bus rapid transit: Züm Main2.3 km
Erindale GOGO Transit train: Milton3.3 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; MiWay schedule data (GTFS) from the City of Mississauga under the City of Mississauga Terms of Use; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. MiWay's schedule data is publicly available from the City of Mississauga under its Terms of Use. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Fairview Public SchoolPeel DSBPublic · grades JK–6300 m70%Grade 3 average
St. Giovanni Scalabrini Catholic School SchoolDufferin-Peel CDSBCatholic · grades JK–8550 m65%Grade 6 average
Elm Drive (Elementary)Peel DSBPublic · grades JK–8650 m67%Grade 6 average
ÉÉC René-LamoureuxConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–62.2 km98%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Father Michael Goetz Secondary SchoolDufferin-Peel CDSBCatholic · grades 9–12750 m44%Grade 9 math
T. L. Kennedy Secondary SchoolPeel DSBPublic · grades 9–121.7 km10%Grade 9 math
The Woodlands Secondary SchoolPeel DSBPublic · grades 9–122.9 km74%Grade 9 math
ÉSC Sainte-FamilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–129.2 km67%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Recently sold nearby

Sold prices in City Centre are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record