2603 - 550 WEBB Drive
Mississauga, Ontario
- 2 bed
- 2 bath
- Single Family
Set majestically high on the 26th floor of the Phoenix Condos, this rarely offered corner suite offers 1,280 sq. ft. of elegant living space with panoramic, unobstructed city and lake views. Featuring southeast facing exposure with a private balcony, this fully renovated residence combines style and functionality in a prime location just minutes from Square One, GO Transit, major highways, shopping, schools, and parks. Beautifully appointed interior upgrades include walnut-stained engineered hardwood floors, extra-deep baseboards, smooth ceilings and pot lights (2024). The modern kitchen is equipped with high-end Fisher & Paykel, Bosch, Sharp and Asko appliances, custom cabinetry, quartz counters, and a hidden stackable washer/dryer. The inviting open-concept layout separates two spacious bedrooms for maximum privacy, each offering walk-in or built-in California Closets. Two fully renovated bathrooms (2021) feature premium fixtures and spa-inspired finishes. Additional highlights include a full mirrored entry wall (2021), custom window coverings (2024), gallery-style hallway, two furnaces (with new fan coil insulation 2024), and two owned parking spaces. Residents enjoy resort-style amenities including a 24-hour concierge, indoor whirlpool, sauna, fitness centre, tennis court, squash court, party room, library, and landscaped outdoor spaces.
Price History
Schools
Elementary
- Corpus Christi School0.6 km
Catholic · Dufferin-Peel CDSB · 275 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 63% met the provincial standard
- St. Giovanni Scalabrini Catholic School School0.9 km
Catholic · Dufferin-Peel CDSB · 320 students
Grade 3 reading: 100% met the provincial standard · Grade 6 math: 43% met the provincial standard
- Chris Hadfield P.S. (Elementary)1 km
Public · Peel DSB · 530 students
Grade 3 reading: 77% met the provincial standard
Secondary
- Father Michael Goetz Secondary School0.8 km
Catholic · Dufferin-Peel CDSB · 1140 students
Grade 10 literacy: 80% met the provincial standard
- T. L. Kennedy Secondary School2.1 km
Public · Peel DSB · 660 students
Grade 10 literacy: 85% met the provincial standard
- The Woodlands Secondary School2.1 km
Public · Peel DSB · 1160 students
Grade 10 literacy: 93% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L5B
- Population
- 67,131
- Private dwellings
- 29,048
- Median age
- 37.2
- Average household size
- 2.4
- Median household income
- $79,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Mississauga · last 12 months
- Median sold price
- $870,000
- Homes sold
- 5,417
- Median days on market
- 24
- Sale-to-list price
- 97.5%
Based on 5,417 recorded sales of single family properties in Mississauga over the last 12 months.
Walk Score
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Location
Street View
Mortgage Calculator
$159,377
Estimated Monthly Payment
$3,915
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
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Mortgage: $3,915/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $199/mo
Estimates only. Consult a financial advisor.
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