550 Webb Dr #2010, Mississauga

Name: 550 Webb Drive, Unit 2010
SKU: W13544344
Price: 569000 CAD
Availability: InStock

2 Bed, 2 Bath Condo in Mississauga

Unit 2010 at 550 Webb Drive

Welcome to this bright and spacious rarely offered corner suite on the 20th floor of the prestigious Phoenix Condos! Offering 1,145 sq. ft. of carpet-free living space, this beautifully maintained condo boasts breathtaking, unobstructed panoramic city views through expansive windows that fill the home with natural light. Designed for comfortable everyday living, the functional layout features two generous bedrooms, a separate breakfast area, and a spacious dining area beside a large picture window-perfect for entertaining or enjoying the spectacular views. The suite also includes a private North-West facing balcony, two parking spaces, one locker, and additional in-suite storage for exceptional convenience. Enjoy outstanding value with maintenance fees that include water, heat, hydro, parking, locker, building insurance, and access to an impressive array of resort-style amenities, including a 24-hour concierge, fitness centre, indoor whirlpool, sauna, tennis court, squash court, party room, library, and beautifully landscaped outdoor spaces. Ideally situated in the heart of Mississauga, you're just minutes from Square One Shopping Centre, GO Transit, major highways, top-rated schools, parks, restaurants, and everyday conveniences. This is a rare opportunity to own a spacious, move-in-ready condo with exceptional views, generous living space, and unbeatable value. Offers anytime. Staging items have been removed.

2 bedrooms, 2 bathrooms, about 1,000 sq ft, works out to roughly $569 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 550 Webb Dr #2010

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 1000-1199 sq ftas stated on the listing
Parking: 2 spacesYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 2

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

550 Webb Dr #2010 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® W13544344−$80,000 (12.3%)$569,000
Jul 9, 2026For saleListedThis listingMLS® W13544344$649,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 550 Webb Dr #2010 Compares to the Mississauga Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 3,765 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Mississauga market, last 90 days

Median sold price: $880,000
Average sold price: $949,139
Average days on market: 33
Homes sold: 2,179

Closed sales on the TRREB MLS®.

Full Mississauga market report

Market pulse · Mississauga

Mississauga market

Median sold price$880,000Last 90 days
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.7%On average, homes sold below asking.
Active listings2,966Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with Apr 24 – Jul 23, 2026: prices up.

Based on 2,179 sales from Jul 23 – Oct 21, 2026 (1,586 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Mississauga

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 2010 — 550 Webb Drive 2 bd · 2 ba · 1,000 sqft	$569,000asking	$569	—	—
2495 Eglinton Avenue 2 bd · 2 ba · 700 sqft
395 Square One Drive 2 bd · 2 ba · 800 sqft
1400 Dixie Road 3 bd · 3 ba · 1,800 sqft
223 Webb Drive 1 bd · 1 ba · 600 sqft
33 Elm Drive 1 bd · 2 ba · 700 sqft
2585 Erin Centre Boulevard 2 bd · 1 ba · 800 sqft

2495 Eglinton Avenue
2 bd · 2 ba · 700 sqft
395 Square One Drive
2 bd · 2 ba · 800 sqft
1400 Dixie Road
3 bd · 3 ba · 1,800 sqft
223 Webb Drive
1 bd · 1 ba · 600 sqft
33 Elm Drive
1 bd · 2 ba · 700 sqft
2585 Erin Centre Boulevard
2 bd · 1 ba · 800 sqft

More in this building

3 for sale · 3 for rent at 550 Webb Dr — plus its sale and lease history.

See all of 550 Webb Dr

Living in Mississauga: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Cooksville GO StationMilton GO1.8 km22 min walk
Erindale GO StationMilton GO2.4 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Cooksville GO Station (Milton GO)22 min walk
Erindale GO Station (Milton GO)2.4 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Cooksville GO Station
1.8 km22 minClosest· Milton GO
Homes near Cooksville GO Station
Erindale GO Station
2.4 km· Milton GO
Homes near Erindale GO Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 550 Webb Dr #2010. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 550 Webb Dr #2010

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,795; 20% down · 25 years · 5.5% assumed
Property tax: $313; 0.66% mill rate · ON
Total per month: $3,108; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,795

/mo

based on the purchase price of $569,000

Down payment20%

$113,800 cash

Amortization25 yr

$455,200 financed

Rate5.50%

$383,398 total interest

Principal54%$455,200

Interest46%$383,398

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Questions About 550 Webb Dr #2010

How much is 550 Webb Dr #2010 listed for?

550 Webb Dr #2010 is listed at $569,000 (MLS® W13544344). Summitly updates the price as soon as the MLS® record changes.

Is $569,000 a good price for 550 Webb Dr #2010?

Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Mississauga. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 550 Webb Dr #2010 changed?

Yes — it was first listed at $649,000 and is now $569,000, a drop of $80,000 (12.3%).

How many bedrooms and bathrooms does 550 Webb Dr #2010 have?

550 Webb Dr #2010 has 2 bedrooms and 2 bathrooms, with about 1,000–1,199 square feet of living space. It is a condo in Mississauga.

Is 550 Webb Dr #2010 close to transit?

The nearest rapid-transit station is Cooksville GO Station (Milton GO), about 1.8 km (about a 22-minute walk) in a straight line. Erindale GO Station is about 2.4 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 550 Webb Dr #2010?

About $2,795 a month — principal and interest on $569,000 with 20% down ($113,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 550 Webb Dr #2010 compare with other homes in Mississauga?

Its asking price of $569,000 is about 35% below the median sold price in Mississauga over the last 90 days, $880,000, across 2,179 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 550 Webb Dr #2010 been sold before?

Summitly has no earlier MLS® sale or lease of 550 Webb Dr #2010 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 550 Webb Dr #2010?

550 Webb Dr #2010 is in Mississauga, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 550 Webb Dr #2010 been on the market?

104 days — 550 Webb Dr #2010 was listed on July 9, 2026.

What is the price per square foot of 550 Webb Dr #2010?

About $475 to $569 per square foot: the asking price of $569,000 over the 1,000–1,199 sq ft the listing gives as its size range.

Does 550 Webb Dr #2010 have parking or a garage?

Yes — the listing gives 2 parking spaces. Garage: Yes.

What you should know