The Condo Bar Real Estate
Phoenix Condos
Condominium

Phoenix Condos

City Centre condos — downtown Mississauga around Square One, Celebration Square…

550 Webb Drive, Mississauga
3 Listings$489.9K–$599.0KListings updated Sep 24, 5:19 PM EDT

Phoenix Condos is a condominium at 550 Webb Drive in City Centre, Mississauga. City Centre living is urban and lock-and-leave, with Square One, restaurants, Celebration Square events, the Living Arts Centre and a Sheridan College campus all within walking distance — ideal for professionals, downsizers and investors. Browse current listings, pricing and building details below.

About Phoenix Condos

Year Built

1990

Units - Floors

344 units - 27 floors

Suite Sizes

700–1,399 ft²

Location

City Centre

Current Listings

$489.9K–$599.0K

Maintenance Fee

$766–$919.11/mo

Maintenance fee reflect this building's currently active listings, not an official building-wide figure -- individual units may differ. Data provided by MLS® and should be independently verified; no liability is assumed for any errors or omissions.

Phoenix Condos is a condominium at 550 Webb Drive in City Centre, Mississauga. Suites range from roughly 700 to 1,399 square feet.

City Centre is downtown Mississauga — the high-rise heart of the city around Square One, one of Canada's largest malls, and Celebration Square. A dense, walkable district of condominium towers, it is the most transit-oriented and amenity-rich part of Mississauga. City Centre living is urban and lock-and-leave, with Square One, restaurants, Celebration Square events, the Living Arts Centre and a Sheridan College campus all within walking distance — ideal for professionals, downsizers and investors.

The City Centre transit terminal, the Hazel McCallion LRT and MiWay buses meet here, with Highway 403 and the 401 and 407 close for drivers and Cooksville GO a short distance south. Square One, one of the largest shopping centres in Canada, anchors the district, surrounded by countless restaurants and services.

Explore the current listings and building details on this page — or reach out and I'll help you weigh Phoenix Condos against everything else in City Centre.

Building Details

Developer

Menkes Developments

Pet Policy

Not Allowed

Property Management

Maple Ridge Community Management (mrcm)

Condo Corp #

PCC 409

Unit Types in This Building
1 Bed + Den
2 Bed
$489.9K–$599.0K950–1,100 ft²Maint. $0.74–$0.84/ft²/mo
2 Bed + Den
1,100 ft²

$/ft²/mo is each unit type's monthly maintenance fee divided by its size, from this building's current listings only.

Prices shown are current asking prices for active For Sale listings of that unit type -- not sold prices, and not every unit type has one on the market right now.

Building Amenities

Bike Storage
Concierge
Exercise Room
Gym
Media Room
Outdoor Pool
Party Room/Meeting Room
Squash/Racquet Court
Tennis Court

Compiled from amenities reported in this building's past listings. Not an official building amenities list and may be incomplete or out of date -- confirm directly with the condo corporation or property management.

Who This Building May Suit

First-Time BuyersDownsizers

Its smaller, more attainable unit sizes make it a practical entry point for first-time buyers. With 9 amenities and 2-bedroom-and-up floor plans, it suits downsizers wanting more space without a house to maintain.

Before you buy, it's worth understanding what a status certificate review covers for this specific building.

City Centre Neighbourhood

Phoenix Condos is located in City Centre, Mississauga.

See what's nearby -- schools, parks, shopping and transit -- in the map below, or explore the City Centre neighbourhood guide.

Nearby Schools

Elementary

Secondary

Nearby Amenities

Cafe

  • CoCo Fresh Tea & Juice313 m

Grocery

  • Kitchen Food Fair164 m
  • Mr. India Grocers256 m

Mall

  • Winners229 m

Park

  • Cleary Park219 m

Recreation

  • Fit4Less269 m

Restaurant

  • Pho Mi 99163 m
  • 3rd Mom Spicy Hot Pot174 m

Phoenix Condos Market Snapshot

Live snapshot of this building's own listings -- rentals not included

Bedrooms

Phoenix Condos currently has 3 homes for sale, with a median asking price of $494.0K, averaging 33 days on market. Over the last 24 months, 14 units have sold in the building at a median of $532.5K — selling at 97% of asking price.

Phoenix Condos vs City Centre vs Mississauga

MetricPhoenix Condos
Live snapshot · sold last 24mo
City Centre
2026-09-01 · sold last 24mo
Mississauga
Sold last 24mo
Active Listings3284—
Median Asking Price$494.0K$504.5K—
Avg. Days on Market3354—
Sold (24mo)141,056—
Median Sold Price$532.5K$514.7K—
Median $/sqft (Sold)$518$658—
Sale-to-List Ratio97%97%—
Months of Inventory5.1 mo6.8 mo—
View City Centre Condo Market Report →

Active Inventory

Active Listings by Unit Type

Unit TypeCountMedianHighestLowestAvg. DOM
2 Bed3$494.0K$599.0K$489.9K33

Closed Sales — Last 24 Months

Sold $/Sqft by Quarter

▲ +12.9% over 3 quarters
$466$487$508$529$5502025-Q42026-Q12026-Q2$539

Median sold price per square foot each quarter, last 24 months. Quarters with too few sales to protect an individual sale price are omitted.

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14 sold in the last 24 months · median $532.5K · 97% of asking

See the address, photos and exact sale price for every recent transaction, free with a registered account.

Market statistics are aggregate estimates compiled from TRREB (Toronto Regional Real Estate Board) MLS® data via the PropTx IDX/VOW feed. Deemed reliable but not guaranteed accurate, provided for general informational purposes only, and not a substitute for a professional appraisal, inspection, or investment advice. No liability is assumed for any errors or omissions.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

Frequently Asked Questions

What is Phoenix Condos?

Phoenix Condos is a condominium at 550 Webb Drive in City Centre, Mississauga.

Whereabouts in Mississauga is Phoenix Condos?

It's at 550 Webb Drive in the City Centre neighbourhood of Mississauga. The City Centre transit terminal, the Hazel McCallion LRT and MiWay buses meet here, with Highway 403 and the 401 and 407 close for drivers and Cooksville GO a short distance south.

What's for sale or rent at Phoenix Condos?

The live listings on this page show every unit currently for sale and for rent at Phoenix Condos, updated through the day. If nothing's listed at the moment, reach out and I'll set up an alert for the next one.

What suite sizes does Phoenix Condos have?

Suites at Phoenix Condos range from roughly 700 to 1,399 square feet, and the listings on this page show which layouts and bedroom counts are available now.

Is Phoenix Condos good for commuters?

The City Centre transit terminal, the Hazel McCallion LRT and MiWay buses meet here, with Highway 403 and the 401 and 407 close for drivers and Cooksville GO a short distance south.

What's the City Centre area like?

City Centre living is urban and lock-and-leave, with Square One, restaurants, Celebration Square events, the Living Arts Centre and a Sheridan College campus all within walking distance — ideal for professionals, downsizers and investors. Phoenix Condos puts you right in it.

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Miko Nalepa

Miko Nalepa

Realtor® at The Condo Bar Real Estate

With 15+ years in the GTA West market, Miko Nalepa is a Realtor® with Right At Home Realty, Brokerage, specializing in condos, townhouses, and detached homes across Mississauga, Oakville, Burlington, and Milton. The focus stays deliberately narrow -- four cities, not a Toronto-wide practice -- because that's what it takes to know individual buildings and blocks, not just neighbourhood names.

Miko Nalepa is also the creator of The Condo Bar, the data platform behind this site, tracking building-level sales history and live market reports across 450+ GTA West condo buildings so every recommendation starts with what comparable units actually closed for, not asking price.

All building details, amenities, pricing, and listing information on this page are deemed reliable but not guaranteed, and may change without notice. This page is provided for general information purposes only and does not constitute legal, financial, or professional advice. Buyers are responsible for independently verifying all information, including unit availability, pricing, fees, and building specifications, before making any decisions. No liability is assumed for any errors or omissions.