
PH9- 300 Webb Drive, Mississauga
City Centre · Investor guide
$428,000
Estimated Value
$374,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
15
Price Drop
9%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,400/mo
Based on City Centre neighbourhood rental data for 2-bed Condo Apartment
Remarks
Location! Location! Cozy PENTHOUSE! in the heart of Mississauga's City Centre offers a rare combination of size, convenience, and value. Welcome to this pristine 1+Den, south-facing designer suite with panoramic views of the lake and city skyline from every room. Situated in the boutique Club One condos, this unit comes with an impressively spacious functional layout. This large 700-799 sq ft. unit features an open concept layout, with tons of natural light through the many large windows!, Boasts A Breakfast Bar With Pass-Through Overlooking The Bright, Generously-Sized Living & Dining Areas While Creating An Open-Concept Vibe. This Suite Is Perfectly Designed With A Classic, Yet Contemporary Ambiance For Today's Lifestyle Of Comfortable Living And For Entertaining Family & Friends. Additional Living Space Features The Separate Den/Sunroom (Currently Being Utilized As A Great 2nd room),Location is unbeatable - Exceptional walkability & transit access, accessibility to all local amenities, including Celebration Square and Square One Shopping Centre, The Living Arts Centre, YMCA, Sheridan College, restaurants, shops, parks, schools, library, GO Station access, major highways. Perfect opportunity for buyers or investors seeking value in a convenient and thriving community. Ensuite Laundry; Lots of in-unit Storage; Unobstructed South CN Tower & Lake Views over the Neighbourhood; 1 Parking & Locker * Enjoy the Impeccably Kept Amenities: Indoor Pool, Jacuzzi, Sauna, Gym, Billiards Room, Theatre Room, Library, Party Room, Tennis Court & Patios; Visitor Parking, Bike & Motorcycle Storage Available; Safe & Friendly Neighbourhood. Excellent & Expert Building Management for a Stress Free Lifestyle* Don't Miss Out! 1 parking & 1locker included!! if the buyer wants another extra parking, Currently $50/month from management guaranteed parking!! There are plenty of ground level visitor parkings as well!
MississaugaInvestor.ca
PH9- 300 Webb Drive
Condo Apartment · 2bd/1ba · ~750 sqft
$428,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.89%
Monthly Cash Flow
-$940/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-12.05%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$1,970 |
| Property Tax | −$300 |
| Insurance | −$225 |
| Condo Fee | −$725 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$940/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$3,595 |
| Insurance | −$2,700 |
| Condo Fee | −$8,700 |
| Annual NOI | $12,365 |
| Cap Rate | 2.89% |
Cash Required to Close
| Down Payment (20%) | $85,600 |
| Ontario Land Transfer Tax | $5,035 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $93,635 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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