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    1407 - 225 Webb Dr

    For SaleSolstice Condos
    $551,000
    Price Increase: $499,999
    1 Bed + 1
    2 Bath
    1 Parking
    700 SQFT
    44 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $614/mth
    Taxes:
    $2,333 (2023)
    Cost Per Sqft:
    $787/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    Flexible
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Laminate, Balcony
    15.09 x 12.47ft
    Dining
    Combined with Living, Laminate, Large Window
    15.09 x 12.47ft
    Kitchen
    Renovated, Quartz Counter, Stainless Steel Appliances
    12.47 x 9.81ft

    About this Listing

    Newly Upgraded One Bedroom Plus Den With Rare 2 Washroom. Mississauga Square One. Newly Upgraded Flooring In The Master Bedroom, Living Room and Den, Upgrade to Quartz Countertops In Kitchen & Master Bath, Upgrade Faucets & Showers, New Vanity. Bedroom Has A 4Pc Ensuite, 2 Full Closets His/Her & 2nd W/O to Balcony Open View F/W Sunlight- Large Den That Can Be Used As 2nd Bedroom. Unit Features A 2nd Half Bathroom. Lots of Upgrades Done In 2022. New Lights. Balcony Finished With Composite Patio Tiles. Brand New Fridge Washer/Dryer & Dishwasher. Premium Parking Spot. There is also an option to purchase fully furnished!

    ExtrasAmenities: Concierge, Indoor Pool, Gym, Sauna, Hot Tub, Party Room, Visitor Parking. Tesla EV Charging Station For Residents (picture attached), Media Theater. 24Hr Supermarket In Building. Premium Parking Spot No. 1 Close to Lobby.

    royal lepage certified realtyMLS® #W9393780


    Amenities

    Guest Suites
    Concierge
    Indoor Parking
    Rooftop Deck
    Gym Room
    Media Room

    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.

    Similar Listings

    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
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    28%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    3%
    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%

    Maintenance Fees

    Solstice Condos vs The Downtown Core Area

    Days on Strata

    Units at Solstice Condos spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Downtown Core

    Turnover of Units

    On average, each unit is owned for
    4.8
    YEARS before being sold again

    Property Value

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

    Price Ranking

    24th
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    36
    Units were Rented over the past twelve months

    Best Value Rank

    Solstice Condos offers the
    ?
    best value out of 44 condos in the Downtown Core neighbourhood

    Appreciation Rank

    Solstice Condos has the
    ?
    highest ROI out of 44 condos in the Downtown Core neighbourhood

    Rental Yield

    Solstice Condos yields the
    ?
    highest rent prices out of 44 condos in the Downtown Core neighbourhood

    High Demand

    Solstice Condos is the
    ?
    most popular building out of 44 condos in the Downtown Core neighbourhood

    Transaction Insights at 225 Webb Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$500,000 - $610,000$487,500 - $620,000No Data$632,000 - $668,000
    Avg. Cost Per Sqft$757$736No Data$681
    Avg. Wait for Unit Availability46 Days20 Days147 Days77 Days
    Ratio of Units in Building22%50%11%20%

    Transactions vs Inventory

    Total number of units listed and sold in Downtown Core