400 Webb Drive 1204, Mississauga

$549,900
400 Webb Drive 1204

$549,900

New
4d
Condo ApartmentApartment

400 Webb Drive 1204, Mississauga

Total Monthly Obligation $3,700

Bed+Den
3+1
Baths
2
Park
2
Sqft
1200-1399
DOM
4d
Score
18
Yield
6.6%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Condo Apartment
MLS® Number-W14094860
Bed+Den-3+1
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,111.94 (2026)
Maintenance-$1,022.38/mo
Locker-None
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX CHAMPIONS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Two Bedroom plus Den Large, Spacious, Open Concept Condo for Sale In Square One Area on Webb Drive Opposite to Roger's M City Condo in the Versatile City of Mississauga, Filled with Abundance of Natural light, 2 Full Bathrooms, Large Primary Room with 5Pc Ensuite and Second Bedroom with 4Pc Ensuite, Large Den/Solarium with Glass Partition Good for Home Office, Large Modern Kitchen with Large Breakfast Area to Enjoy Your Morning Breakfast, New Fridge, New Washer & Dryer, Ideally Located in the heart of Mississauga, Just steps to Square One, Mississauga Civic Centre, Starbucks, Tim Hortons, and Wide Selection of Various Dining Restaurants, The Neighborhood Offers The Feeling of Ultimate Urban Lifestyle, Grocery Stores At Walking Distance, Includes Two Private Underground Parking, Building Amenities Includes Gym, Indoor pool, Recreation room, Sauna, Squash court, Game Room and Pool table, Building has 24-hour Security, A Bright, Spacious Large Condo in the Prime Location Of Vibrant City of Mississauga, Good For First Time Home Buyer or Even Retirees Looking to Downsizing, Monthly Maintenance Fees Includes all utilities, Building Insurance, All Building Amenities, Two Parking Included, No pets permitted, Well Kept and Safe Building with Abundance of Visitors Parking!! Available Immediately!

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

Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$3,700/mo
Mortgage $2,218
Monthly Loss $3,116
Principal$584
Interest$1,634
Property Tax$259
Condo Fees$1,022
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
8.2%24
10-Year IRR
9.4%
Returns Index
13.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$36,360/yr
NOI
$14,944/yr
Net Cash Flow
-$973/mo
Cash Margin
-32.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.1/ 100

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

Comparables

Properties near 400 Webb Drive 1204

Time

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