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    1502 - 550 Webb Drive

    For RentPhoenix Condos
    $3,300/mth
    2 Beds + 1
    2 Bath
    1 Parking
    1,200 - 1,399 SQFT
    15 Days on Strata
    Est Lease Timeframe
    17 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Utilities Included:
    Yes
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North East
    Locker:
    None
    Possession Date:
    July 1, 2024
    Lease Term:
    1 Year
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Excluded
    None

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Living
    Laminate, Combined with Dining
    17.06 x 10.17ft
    Dining
    Laminate, Combined with Living
    12.47 x 10.01ft
    Kitchen
    Porcelain Floor, Built-in Appliances, Stainless Steel Appliances
    8.53 x 8.04ft

    About this Listing

    Carpet Free 2 Bedroom, Den, And 2 Full Bathroom Condo Unit In The Highly Sought-After Square One Area. With A Spacious Layout And An Array Of Desirable Features, This Unit Offers A Perfect Blend Of Style And Convenience. Step Inside And Be Greeted By An Open Concept Living Space Filled With Natural Light. The Kitchen Boasts S/S Appliances, Plenty Of Countertops, & Ample Cabinetry And Eat In Area. A Solarium Provides Versatility For A Home Office.The Primary Bedroom Features His & Hers Closet And An Ensuite Bathroom With A Soaking Tub. The Second Bedroom Offers Comfort And Convenience, With An Adjacent Full Bathroom.This Unit Includes A Bicycle Storage Room For Extra Storage And A Parking Spaces For Ultimate Convenience. A Second Parking Available But Extra.

    ExtrasResidents Also Enjoy Access To Top-Notch Amenities, Including A Gym, Outdoor Pool, Tennis Court, And 24-Hour Concierge Service.Located In The Heart Of Square One, You'll Have An Array Of Amenities At Your Doorstep And Easy Access To Hwy.

    right at home realtyMLS® #W8306100


    Amenities

    Indoor Pool
    Rec Room
    Outdoor Pool
    Security System
    Bike Storage
    Gym Room

    Nearby Amenities

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    6/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    7/10
    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
    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
    Household Income
    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%

    Days on Strata

    Units at Phoenix Condos spend an average of
    45
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    8.4
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    12th
    Highest price per SQFT out of 19 condos in the Fairview area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    Phoenix Condos offers the
    ?
    best value out of 19 condos in the Fairview neighbourhood

    Appreciation Rank

    Phoenix Condos has the
    ?
    highest ROI out of 19 condos in the Fairview neighbourhood

    Rental Yield

    Phoenix Condos yields the
    ?
    highest rent prices out of 19 condos in the Fairview neighbourhood

    High Demand

    Phoenix Condos is the
    ?
    most popular building out of 19 condos in the Fairview neighbourhood

    Transaction Insights at 550 Webb Drive

    2 Bed2 Bed + Den
    Price Range$629,900 - $720,500$585,000 - $675,000
    Avg. Cost Per Sqft$626$607
    Avg. Wait for Unit Availability55 Days26 Days
    Ratio of Units in Building34%67%

    Maintenance Fees

    Phoenix Condos vs The Fairview Area

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