350 Webb Drive 308, Mississauga

$529,000
350 Webb Drive 308

$529,000

New
29d
Condo ApartmentApartment

350 Webb Drive 308, Mississauga

Total Monthly Obligation $3,323

Bed+Den
2+1
Baths
1
Park
1
Sqft
1000-1199
DOM
29d
Score
16
Yield
5.1%
Cash on Cash
-9.3%
Cap Rate
2.6%
5Y IRR
8.3%
10Y IRR
8.9%
Property Type-Condo Apartment
MLS® Number-W13823106
Bed+Den-2+1
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,450.26 (2025)
Maintenance-$785/mo
Locker-Ensuite+Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete Poured
Roof-Unknown
Foundation-Unknown
Possession-TBA
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Welcome to luxury living in the heart of Mississauga City Centre. This beautifully renovatedand exceptionally spacious condo offers a rare combination of modern design, premium upgrades,and unbeatable walkability just steps to Square One, Celebration Square, restaurants, parks,transit, and everyday amenities. Thoughtfully redesigned throughout, featuring flat ceilings (no popcorn), wide modernbaseboards, matte black window trims and sills, fresh neutral paint, and contemporarysingle-panel doors. The bright living area includes five motorized blinds (one remote control),upgraded lighting, and TV mount, creating a seamless blend of style and function. The designer kitchen is complete with quartz countertops and full backsplash, black granitesink, island range hood, soft-close cabinetry, built-in spice storage, under-sink waste system,USB island outlets, and brand-new full-size Samsung appliances. Additional upgrades include black frosted sliding closet doors, custom bedroom built-ins,roller shades in the den, modern wall panel accents, LED bathroom mirror, upgraded vanity,built-in shower niche, enhanced shower system, and new one-piece toilet. Comprehensive improvements provide peace of mind: plumbing and electrical updated to currentstandards, new outlets and switches throughout, upgraded HVAC motor and insulation, digitalthermostat, and recently cleaned ducts. A rare opportunity to own a turn-key, designer-finished residence in the heart of Mississauga'svibrant downtown core.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$423,200
Land Transfer Taxes$7,055
Legal Fees (Est.)
$
Total cash required for closing$114,355

Total Monthly Obligation

$3,323/mo
Mortgage $2,134
Monthly Loss $2,762
Principal$562
Interest$1,572
Property Tax$204
Condo Fees$785
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.7%0
5-Year IRR
5.1%11
10-Year IRR
7.0%
Returns Index
6.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$26,976/yr
NOI
$10,008/yr
Net Cash Flow
-$1,300/mo
Cash Margin
-57.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
23.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 350 Webb Drive 308

Time

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