225 Webb Drive 1611, Mississauga

$419,000
225 Webb Drive 1611

$419,000

New
15d
Condo ApartmentApartment

225 Webb Drive 1611, Mississauga

Total Monthly Obligation $2,764

Beds
1
Baths
2
Park
1
Sqft
600-699
DOM
15d
Score
20
Yield
6.7%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.5%
Property Type-Condo Apartment
MLS® Number-W13885586
Beds-1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,740 (2025)
Maintenance-$645.21/mo
Locker-None
Parking-1 - Surface
Basement-None
Heating-Forced Air (Gas)
Brokerage-REAL ONE REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

A must-see!!! Laminate Floors In the Living, Dining and Primary Bedroom. 1 Parking, 1 Locker, Great Views of Lake Ontario and Celebration Square from the Balcony.. Comes With A Very Nice Layout.Bright and inviting one-bedroom suite in an award-winning building near Square One. The open-concept design features 9-foot ceilings, a spacious window, and a walkout to a private balcony. The primary bedroom has a stylish ensuite with a frameless glass shower. Enjoy 24-hour concierge service, a fitness centre, and a party room. Conveniently located within walking distance of Square One, Celebration Square, the library, YMCA, restaurants, public transit, GO transit, schools, and Mississauga's nightlife. Quick access to the QEW, Highways 403 and 401, and many other amenities.

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

Closing Costs

Mortgage Amount
$335,200
Land Transfer Taxes$4,855
Legal Fees (Est.)
$
Total cash required for closing$90,155

Total Monthly Obligation

$2,764/mo
Mortgage $1,690
Monthly Loss $2,319
Principal$445
Interest$1,245
Property Tax$228
Condo Fees$645
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
9.1%30
10-Year IRR
10.1%
Returns Index
15.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$28,188/yr
NOI
$12,487/yr
Net Cash Flow
-$650/mo
Cash Margin
-27.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
28.3/ 100

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

Comparables

Properties near 225 Webb Drive 1611

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.