225 Webb Drive 603, Mississauga

$409,999
225 Webb Drive 603

$409,999

New
7d
Condo ApartmentApartment

225 Webb Drive 603, Mississauga

Total Monthly Obligation $2,820

Bed+Den
2+1
Baths
2
Park
1
Sqft
700-799
DOM
7d
Score
19
Yield
6.7%
Cash on Cash
-4.9%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.5%
Property Type-Condo Apartment
MLS® Number-W14084892
Bed+Den-2+1
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,895 (2025)
Maintenance-$725/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE CERTIFIED REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Top 5 Reasons To Make This Condo YOURS ! #1) Bright & Spacious: Approx. 721 Sq Ft + Open Balcony, Featuring Floor-To-Ceiling Windows, Hardwood Flooring & An Open-Concept Layout That Creates A Bright, Airy & Inviting Atmosphere. The Spacious Separate Den Is A Major Highlight, Offering Versatility As A Home Office, Guest Room Or Additional Bedroom. #2) Modern Kitchen & Entertaining: Stylish Kitchen Features Stainless Steel Appliances, Granite Countertops, Ceramic Backsplash, Ample Cabinetry & A Kitchen Island With Breakfast Bar Seating, Ideal For Casual Dining, Morning Coffee & Entertaining. The Combined Living & Dining Area Offers A Seamless Space For Relaxing & Hosting, With Direct Walkout To The Open Balcony. #3) Comfortable Primary Bedroom & 1.5 Baths: Generously Sized Primary Bedroom Features A Large Window, Hardwood Flooring & Excellent Natural Light. Convenient 1.5-Bath Layout Includes A Full 4-Pc Bathroom & Separate 2-Pc Powder Room. Ensuite Laundry Adds Practicality & Convenience To Everyday Living. #4) Luxury Resort-Style Amenities: With 24-Hour Concierge, Indoor Pool, Hot Tub, Spa, Fully Equipped Gym, Yoga & Pilates Room, Party/Meeting Room, Outdoor BBQ Space & More. One Underground Parking Spot & Exclusive Locker Also Included. #5) Exceptional City Centre Location: Located In The Heart Of Mississauga, Just Minutes From Celeb Square & Sq One Mall, With Easy Access To Restaurants, Shopping, Parks, Schools, Public Transit, Library & Major Hways. Future Hazel McCallion LRT Service Will Further Enhance Transit Connectivity Throughout Mississauga's City Centre. Space, With Approx. 721 SqFt, A Multi-Purpose Den, Kitchen Island With B/Bar, Open Balcony, 1.5 Baths, Parking & Locker, This Is A Fantastic Opportunity For First-Time Buyers Or Investors Seeking City Centre Lifestyle! ***Some Images Have Been Digitally Enhanced & Virtually Staged To Showcase The Potential Use & Layout Of The Rooms***Book Your Showing Today & Experience This Exceptional Condo In Person

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$327,999
Land Transfer Taxes$4,675
Legal Fees (Est.)
$
Total cash required for closing$88,175

Total Monthly Obligation

$2,820/mo
Mortgage $1,654
Monthly Loss $2,385
Principal$435
Interest$1,219
Property Tax$241
Condo Fees$725
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.9%22
10-Year IRR
9.2%
Returns Index
12.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$27,480/yr
NOI
$10,737/yr
Net Cash Flow
-$759/mo
Cash Margin
-33.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
27.3/ 100

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

Comparables

Properties near 225 Webb Drive 603

Time

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