550 Webb Drive 612, Mississauga

$678,888
550 Webb Drive 612

$678,888

New
24d
Condo ApartmentApartment

550 Webb Drive 612, Mississauga

Total Monthly Obligation $4,005

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
1
Sqft
1000-1199
DOM
24d
Score
16
Yield
5.0%
Cash on Cash
-7.9%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.8%
Property Type-Condo Apartment
MLS® Number-W13843522
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,698 (2025)
Maintenance-$841.38/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Location, Location, Location! Welcome to this beautifully renovated 2-bedroom + den condo in the heart of Mississauga City Centre. The versatile den can easily be used as a third bedroom, home office, or additional living space. This bright and spacious unit features 2 full bathrooms and has been thoughtfully renovated throughout. Enjoy a fully renovated kitchen with modern finishes and an attractive backsplash, complemented by crown moulding throughout the unit and pot lights in all rooms. Step out onto the private balcony featuring durable composite flooring, perfect for relaxing or enjoying your morning coffee. A well-designed layout offers comfortable living and excellent functionality, making this home ideal for families, professionals, or investors. Conveniently located close to Square One Shopping Centre, Celebration Square, Mississauga Central Library, restaurants, transit, GO Transit, schools, parks, and major highways. A move-in-ready home offering style, comfort, and convenience in the heart of Mississauga!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$543,110
Land Transfer Taxes$10,053
Legal Fees (Est.)
$
Total cash required for closing$147,331

Total Monthly Obligation

$4,005/mo
Mortgage $2,738
Monthly Loss $3,284
Principal$721
Interest$2,018
Property Tax$225
Condo Fees$841
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-11.9%0
5-Year IRR
6.4%16
10-Year IRR
8.0%
Returns Index
9.2/ 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
$34,056/yr
NOI
$15,456/yr
Net Cash Flow
-$1,450/mo
Cash Margin
-51.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
20.3/ 100

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

Comparables

Properties near 550 Webb Drive 612

Time

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Data last updated within the past 24 hours.