$441K · 1+1 bed Condo Apartment · City Centre, Mississauga

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Unit 603

225 Webb Drive · Mississauga · Ontario L5B 4P2

MLS® W13238264 · City Centre · L5B 4P2

1+12OwnerOccupied700-799 ft²Condo Apartment1-car Underground26d$588/ft²$2,895 tax/yr

12% below market · 26 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Location Location!! Gorgeous Sun Drenched 1 Br + good sized Den for office or 2nd bedroom, at The Luxurious 'Solstice' Condo! This Designer Suite Boasts 2 Bathrooms, Floor To Ceiling Windows, Open Concept Floor Plan And A Modern Kitchen With Ss Appliances, Granite Counter Tops. Hotel Style Living With 24 Hour Concierge, Indoor Pool, Hot Tub, Spa, Gym, Yoga/Pilates Room. Prime Square One Location, Steps To Public Transit, Shopping And Restaurants. Don't miss this Opportunity!

Property details

MLS#

W13238264

Status

Buy Now

Beds

1+1

Baths

2 full, 0 half

Size

700-799

Style

Apartment

Type

Condo Apartment

Year built

—

Condo corp #: 837
Balcony: Open
Locker: Owned
Fees include: Common Elements Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Burnhamthorpe/Duke Of York
Basement: None
Stories: 6
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free
Parking features: —

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $440,900✓ $2,895 tax✓ Gas✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,305/mo

incl. closing costs (yr 1)

Annual total

$51,659

year 1

Mortgage only

$1,673/mo

principal + interest

Beyond mortgage

$1,733/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$88,180

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$241/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~750 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,409/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$58/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$5,293

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)39% $20,072/yr

Property taxes16% $8,188/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,409/yr

Condo fees16% $8,330/yr

Closing costs10% $5,100/yr

Mortgage is 39% of your true cost of ownership. The other 61% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$20,072	$1,673/mo
Government & taxes
Property tax	$2,895	$241/mo
Land transfer tax(closing)	$5,293	$441/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,409	$367/mo
Condo fees
Condo / HOA fees	$8,330	$694/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$51,659	$4,305/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 603

About this home

MyStreetValue™ Analysis

Property details

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Sales History

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Annual costs