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    Mississauga / Downtown Core

    1702 - 225 Webb Dr

    For SaleSolstice Condos
    $499,900
    1 Bed + 1
    1 Bath
    1 Parking
    600 SQFT
    15 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $600/mth
    Taxes:
    $2,495 (2024)
    Cost Per Sqft:
    $833/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    Immediately
    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

    Kitchen
    Ceramic Floor, Large Window, Stainless Steel Appliances
    11.12 x 7.05ft
    Living
    Hardwood Floor, Windows Floor to Ceiling, Walkout To Balcony
    16.5 x 12.07ft
    Den
    Hardwood Floor
    6.99 x 6.69ft

    About this Listing

    Top 5 Reasons You Will Love This Condo: 1) Prime location next to Sheridan College and Square One Shopping Centre, with quick access to Highways 403 and 401 and nearby shops for ultimate convenience 2) Corner unit boasting floor-to-ceiling windows, offering stunning southwest-facing views with evening sun and partial lake views 3) Luxurious amenities include two guest suites, a sauna, a steam room, an indoor swimming pool, a gym, a party room, a yoga studio, a movie theatre, and more 4) Functional one bedroom layout spanning over 600 square feet, designed to maximize space and comfort 5) Ideal for professionals or students seeking modern living in a vibrant, well-connected area. Age 16. Visit our website for more detailed information. *Please note some images have been virtually staged to show the potential of the condo.

    faris team real estateMLS® #W10412266

    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%

    Price Trends

    Maintenance Fees

    Solstice Condos vs The Downtown Core Area

    Building Trends At Solstice Condos

    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