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    2for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    23
    Number of Units:
    224
    Condo Completion:
    1991
    Condo Demand:
    Medium
    Unit Size Range:
    875 - 1,485 SQFT
    Unit Availability:
    Medium

    Listing History for Centre IV Condos

    Receive listing updates for Fairview - Mississauga

    Amenities

    Concierge
    Tennis Court
    Gym Room
    Rec Room
    Squash Court
    Visitor Parking

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Excluded
    Air Conditioning

    About 400 Webb DriveCentre IV Condos

    Centre IV Condos was completed in 1991 by Conservatory Group. While some buyers associate high maintenance fees with older buildings, maintenance fees at 400 Webb Drive are only $0.63 per-square-foot. These Fairview - Mississauga condos for sale offer floor plans that are more spacious than most modern condos; there are 224 suites in this 23-storey residence, and units range from 875 square feet to 1485 square feet.

    This condo has an average demand ranking per Strata.ca analytics and a Walk Score of 87. Maintenance fees are $0.63 per-square-foot, which is lower than the neighbourhood average of $0.71 per-square-foot.

    The Suites

    We’ve aggregated a number of stats at 400 Webb Drive. Here are some highlights: In the past 12 months, 9 units have sold, and 10 have been rented. Meanwhile, property values here have decreased by 9.85%.

    Units at Centre IV Condos have a medium likelihood of receiving more than one offer, and on average they sell for -2.69% below the listed price. Suites here have an average cost per-square-foot of $524 based on sales over the past 12 months, and the median time a unit spends on the market is 21 days.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Panago Pizza, Monga Fried Chicken and The Shawarma Shack are all within 10 minutes walking distance from 400 Webb Drive. You’ll only have to walk 9 minutes to pick-up a coffee before heading out for your day at Hi Yogurt (Mississauga), Tim Hortons and Lazar Famous Deli & Bakery.

    There are a number of grocery stores within a short drive, including Rabba Fine Foods and Walmart Grocery Pickup.

    Centre IV Condos is a great choice for residents who are money conscious — with banks like National Bank and ICICI Bank Canada nearby.

    Having John Bud Cleary Park, Linear Park and Zonta Meadows Linear Park within 9 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Enhance your personal style while living in the Fairview - Mississauga neighbourhood by visiting Parkways West Shopping Center, Enfield Place Retail and Mik MC Realestate.

    Art and culture seekers can enjoy amazing attractions nearby like Art Gallery of Mississauga, less than 12 minutes walking distance from here. Untitled Spaces at Square One is just a short drive away for movie nights.

    There are plenty of nearby school choices — Saint Philip Elementary School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Canadian Higher Learning Academy and Micoli Learning Academy.

    Transportation

    Transit users will need to trek a bit to Mississauga City Centre Terminal - Arrival, the nearest light transit stop. Those who live in the area can easily drive to Kipling, just 30 minutes from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 41 Mississauga Valley Boulevard, 3883 Quartz Road and 350 Webb Drive.

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    Explore Fairview - Mississauga

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    11,109
    Average Individual Income
    $56,148
    Average Household Size
    3 persons
    Average Age
    36
    Average Household Income
    $106,466
    Dominant Housing Type
    Semi Detached
    Population By Age
    0 - 14
    18%
    20 - 34
    27%
    35 - 49
    21%
    50 - 64
    20%
    65+
    12%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    30%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Semi Detached
    48%
    High Rise Apartment
    21%
    Detached
    19%
    Low Rise Apartment
    7%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    76%
    Other
    9%
    Punjabi
    7%
    Hindi
    2%
    Spanish
    2%
    Urdu
    2%
    Tagalog
    1%
    Gujarati
    1%
    Education
    High School
    33%
    University and Above
    23%
    College
    20%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    30%
    Architecture & Engineering
    19%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Humanities
    6%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    3%
    Education
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Centre IV Condos vs The Fairview - Mississauga Area

    Days on Strata

    Units at Centre IV Condos spend an average of
    21
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Fairview - Mississauga

    Turnover of Units

    On average, each unit is owned for
    8.1
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    13th
    Highest price per SQFT out of 19 condos in the Fairview - Mississauga area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    10
    Units were Rented over the past twelve months

    Best Value Rank

    Centre IV Condos offers the
    ?
    best value out of 19 condos in the Fairview - Mississauga neighbourhood

    Appreciation Rank

    Centre IV Condos has the
    ?
    highest ROI out of 19 condos in the Fairview - Mississauga neighbourhood

    Rental Yield

    Centre IV Condos yields the
    ?
    highest rent prices out of 19 condos in the Fairview - Mississauga neighbourhood

    High Demand

    Centre IV Condos is the
    ?
    most popular building out of 19 condos in the Fairview - Mississauga neighbourhood

    Transaction Insights at 400 Webb Drive

    1 Bed2 Bed2 Bed + Den3 Bed
    Price RangeNo DataNo Data$515,000 - $735,000$640,000
    Avg. Cost Per SqftNo DataNo Data$531$515
    Avg. Wait for Unit AvailabilityNo Data84 Days45 Days966 Days
    Ratio of Units in Building1%37%63%2%

    Unit Sales vs Inventory

    Total number of units listed and sold in Fairview - Mississauga