223 Webb Drive 2901, Mississauga

$585,000
223 Webb Drive 2901

$585,000

New
21d
Common Element CondoLoft

223 Webb Drive 2901, Mississauga

Total Monthly Obligation $3,746

HausQ Valuation Report
Bed+Den
2+1
Baths
2
Park
1
Sqft
800-899
DOM
21d
Score
16
Yield
5.2%
Cash on Cash
-9.7%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Common Element Condo
MLS® Number-W13858576
Bed+Den-2+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 2, 2026
Style-Loft
Building Type-Common Element Condo
Age-6-10
Taxes-$3,670 (2025)
Maintenance-$880/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX COMMUNITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Other
Possession-FLEXIBLE
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Rare find! Unique 29th-floor LOFT with stunning floor-to-ceiling windows. Welcome to 223 Webb Dr, steps from Square One! Open-concept layout featuring soaring loft ceilings and sleek finishes. Comes complete with a large private storage locker. Enjoy amazing amenities including a rooftop terrace with BBQs, outdoor hot tub, indoor pool, fully equipped fitness centre, and guest suites. Unbeatable central location near Celebration Square, dining, LRT, GO, and Hwy 403. Exceptional living in the core of Mississauga! All the chattles, fixture and furniture can be negotiated.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$468,000
Land Transfer Taxes$8,175
Legal Fees (Est.)
$
Total cash required for closing$126,675

Total Monthly Obligation

$3,746/mo
Mortgage $2,360
Monthly Loss $3,125
Principal$621
Interest$1,739
Property Tax$306
Condo Fees$880
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.0%0
5-Year IRR
4.9%11
10-Year IRR
6.9%
Returns Index
6.6/ 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
$30,348/yr
NOI
$10,683/yr
Net Cash Flow
-$1,469/mo
Cash Margin
-58.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
21.0/ 100

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

Comparables

Properties near 223 Webb Drive 2901

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.