225 Webb Drive Unit 805, Mississauga

Price: $488,888

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W13845636

Welcome to Suite 805 at Solstice Condos - a bright and functional 1+Den, 2-bathroom residence offering an ideal layout for professionals, first-time buyers, or downsizers looking for flexible living space in Mississauga's connected neighbourhoods. The generous den makes an excellent home office or guest space, while soaring 10-ft ceilings give the suite an open, airy feel rarely found at this price point. Your private balcony with an east-facing exposure, perfect for morning coffee or unwinding after a long day. The suite comes complete with one parking spot and a locker, adding everyday convenience. Solstice offers over 30,000 sq. ft. of resident amenities across two dedicated floors, including a 24-hour concierge, indoor pool, hot tub, sauna, fully-equipped gym, party room, billiards room, guest suites, and a rooftop terrace with BBQs. Unbeatable location: just steps to Square One Shopping Centre, Celebration Square, the Living Arts Centre, YMCA, Sheridan College, the library, restaurants, and cafes, with quick access to Highways 403/410, GO Transit, and MiWay. A fantastic opportunity to own in the heart of Mississauga's most vibrant, amenity-rich community.

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active
New Listing

$488,888 - 225 Webb Drive Unit 805, Mississauga

Condo for Sale in Mississauga

New — Listed 7 days ago

Neighbourhood: City Centre

2Beds
2Baths
700 - 1,099Sq Ft
Condo

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Property Details
MLS Number
W13845636
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Taxes (2026)
$3,216
Maintenance Fees
$725/mo
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE CERTIFIED REALTY
Description

Welcome to Suite 805 at Solstice Condos - a bright and functional 1+Den, 2-bathroom residence offering an ideal layout for professionals, first-time buyers, or downsizers looking for flexible living space in Mississauga's connected neighbourhoods. The generous den makes an excellent home office or guest space, while soaring 10-ft ceilings give the suite an open, airy feel rarely found at this price point. Your private balcony with an east-facing exposure, perfect for morning coffee or unwinding after a long day. The suite comes complete with one parking spot and a locker, adding everyday convenience. Solstice offers over 30,000 sq. ft. of resident amenities across two dedicated floors, including a 24-hour concierge, indoor pool, hot tub, sauna, fully-equipped gym, party room, billiards room, guest suites, and a rooftop terrace with BBQs. Unbeatable location: just steps to Square One Shopping Centre, Celebration Square, the Living Arts Centre, YMCA, Sheridan College, the library, restaurants, and cafes, with quick access to Highways 403/410, GO Transit, and MiWay. A fantastic opportunity to own in the heart of Mississauga's most vibrant, amenity-rich community.

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Estimated Payment

$2,508.25/mo

Includes CMHC insurance ($13,640)

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5-yr fixed avg.

Principal: $439,999Interest: $298,835
Mortgage Amount$453,639
Total Interest$298,835
Est. Property Tax$346/mo
Total Cost$752,474

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: City Centre

Discover City Centre

City Centre is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in City Centre

  • •Convenient location in Mississauga
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

City Centre offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

225 Webb Drive Unit 805, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$725
Property Tax (est.)-$346
Insurance (est.)-$102
Net Cash Flow+$1,027

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $698/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $725/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

About City Centre

I know City Centre well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    225 Webb Drive Unit 805, Mississauga | $488,888 | Battaglia Team