223 Webb Drive 1709, Mississauga

$357,500
223 Webb Drive 1709

$357,500

New
15d
Condo Apartment1 Storey/Apt

223 Webb Drive 1709, Mississauga

Total Monthly Obligation $2,414

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
15d
Score
21
Yield
7.0%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.6%
10Y IRR
13.1%
Property Type-Condo Apartment
MLS® Number-W13876070
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 8, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,600.09 (2026)
Maintenance-$555.02/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-Royal LePage Real Estate Associates
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate/TBA
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Incredible value and one of the best priced 1 bed 1 bath condos in Square One! This lovely bright condo offers modern open concept living in the heart of Mississauga. The living and dining area features plenty of natural light, south-west views of the lake, and a walkout to the balcony-perfect for enjoying stunning sunsets or your morning coffee. The functional kitchen flows seamlessly into the living space, creating an inviting layout for everyday living and entertaining. Enjoy fantastic building amenities, 24-hour concierge, indoor pool, hot tub, yoga studio, fitness centre, party room, guest suites, outdoor terraces with a BBQ area and the convenience of an owned underground parking space and locker. Ideally located just minutes from Square One Shopping Centre, Celebration Square, Sheridan College, the Living Arts Centre, YMCA, restaurants, entertainment, transit, parks and major highways. A great opportunity for first-time buyers, investors or those looking for a convenient urban lifestyle in the heart of City Centre.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$286,000
Land Transfer Taxes$3,838
Legal Fees (Est.)
$
Total cash required for closing$76,838

Total Monthly Obligation

$2,414/mo
Mortgage $1,442
Monthly Loss $2,034
Principal$379
Interest$1,063
Property Tax$217
Condo Fees$555
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.4%32
10-Year IRR
10.4%
Returns Index
16.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$25,128/yr
NOI
$10,955/yr
Net Cash Flow
-$529/mo
Cash Margin
-25.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo68
Risk Index
31.5/ 100

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

Comparables

Properties near 223 Webb Drive 1709

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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Data last updated within the past 24 hours.