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    Solstice Condos

    225 Webb Drive

    6for Sale
    7for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    38
    Number of Units:
    375
    Condo Completion:
    2008
    Condo Demand:
    Medium
    Unit Size Range:
    530 - 1,648 SQFT
    Unit Availability:
    Medium
    Property Management:
    No Data

    Listing History for Solstice Condos

    Amenities

    BBQ
    Visitor Parking
    Indoor Parking
    Party Room
    Media Room
    Concierge

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Excluded
    Hydro

    About 225 Webb DriveSolstice Condos

    Those who can’t — or don’t want to — decide between tranquillity and convenience can look no further than the Solstice Condos at 255 Webb Drive. Built back in 2008 by Davies Smith Developments and designed by Quadrangle Architects, the tower rises to 38 storeys and contains a grand total of 375 homes.

    When we mentioned convenience, we weren’t just talking about the shops and attractions that surround the building. 255 Webb is also equipped with amenities of its own, including a gym, indoor pool, indoor and outdoor hot tubs, a squash court, a party room, a theatre, and barbecues.

    The building’s lobby is also an amenity in and of itself, with its fireplace, water feature, and abundance of seating. To top it all off, the Solstice Condos boasts a concierge, visitor parking, and guest suites.

    The Suites

    With one bedroom, one bedroom plus den, two bedroom, and two bedroom plus den homes spread throughout the building, prospective residents interested in 255 Webb have plenty of choice. Suites range from around 500 to 1,500 square feet, and regardless of size every unit is well lit thanks to floor-to-ceiling, wall-to-wall windows.

    Open concept kitchens with stainless steel appliances are the norm in the building, and while kitchens tend to be on the smaller side, generously sized living rooms are a suitable compromise for many residents.

    The Neighbourhood

    While residents enter and exit the Solstice Condos on a quiet residential street, all one needs to do is to cross Burmanthorpe Road in order to reach countless restaurants, entertainment venues, and shops. Particularly close by are the Central Library, the Mississauga YMCA, the Art Gallery of Mississauga, and the Living Arts Centre.

    When residents need to stock their pantries, they can choose between specialty stores like Whole Foods and T&T Supermarket. There’s also a Metro a short drive away from 255 Webb, on Central Parkway East.

    Transportation

    Whether residents prefer to drive or ride public transit, it’s easy to get around Mississauga with an address like 255 Webb. Drivers can reach the 403 in a matter of minutes by heading along Hurontario Street, and from there the 401 is just a short ride away. Those without access to cars, on the other hand, can begin their journeys at the Square One Bus Terminal or the Cooksville GO Station.

    6

    Listings For Sale

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    7

    Listings For Rent

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    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Demographics

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

    Population
    9,194
    Average Individual Income
    $63,586
    Average Household Size
    2 persons
    Average Age
    60
    Average Household Income
    $105,144
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    41%
    High Rise Apartment
    24%
    Semi Detached
    24%
    Low Rise Apartment
    6%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    83%
    Other
    8%
    Punjabi
    4%
    Tagalog
    1%
    Hindi
    1%
    Spanish
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    32%
    University and Above
    25%
    College
    21%
    None
    15%
    Apprenticeship
    3%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    4%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Downtown Core


    Days on Strata

    Units at Solstice Condos spend an average of
    16
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    4.9
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    20th
    Highest price per SQFT out of 43 condos in the Downtown Core area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    37
    Units were Rented over the past twelve months

    Best Value Rank

    Solstice Condos offers the
    ?
    best value out of 43 condos in the Downtown Core neighbourhood

    Appreciation Rank

    Solstice Condos has the
    ?
    highest ROI out of 43 condos in the Downtown Core neighbourhood

    Rental Yield

    Solstice Condos yields the
    ?
    highest rent prices out of 43 condos in the Downtown Core neighbourhood

    High Demand

    Solstice Condos is the
    ?
    most popular building out of 43 condos in the Downtown Core neighbourhood

    Transaction Insights at 225 Webb Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$500,000 - $570,000$533,000 - $620,000No DataNo Data
    Avg. Cost Per Sqft$798$762No DataNo Data
    Avg. Wait for Unit Availability43 Days20 Days170 Days63 Days
    Ratio of Units in Building23%49%10%21%

    Maintenance Fees

    Solstice Condos vs The Downtown Core Area

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