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305 - 550 Webb Drive
For SalePhoenix CondosEst Sell Timeframe 20 Days
$649,900
2 Beds + 1
1 Bath
2 Parking
1,000 SQFT
72 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Cost Per Sqft:
$650/sqft
Maintenance Fees:
$686/mth
Taxes:
$2,274 (2023)
Locker:
None
Outdoor Space:
Balcony
Exposure:
South East
Possession Date:
July 2024
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Hydro
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
None
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- Yes
Room Dimensions
Living
Laminate
18.31 x 19.92ft
Dining
Laminate
8.69 x 8.04ft
Kitchen
Quartz Counter, Stainless Steel Appliances
13.12 x 7.55ft
About this Listing
Bright and Spacious Over 1000 Sq Feet Corner Unit.Centrally Located, Close To Sq1 Shopping, Public Transit, Restaurants, Schools And Parks. Quiet South Exposure! Excellent Building With Private Fenced 2 Acre Park.Outdoor Pool, Tennis Court, Hot Tub/Sauna And More. Lots Of Visitor Parking. 2 W/Outs to the Balcony. New Lobby and Lots of Improvements in the Building.
ExtrasSplit Bedrooms LayOut With 2 Generous Size Bedrooms. Large Balcony.2 Parking Spaces. Big Solarium-Perfect For a Home Office. Maintenance Fee includes All Utilities.
atv realty incMLS® #W8127404
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%
Price Trends
Building Trends At Phoenix Condos
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
LOWchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
8.4
YEARS before being sold againProperty 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 Bed | 2 Bed + Den | |
---|---|---|
Price Range | $629,900 - $720,500 | $585,000 - $675,000 |
Avg. Cost Per Sqft | $626 | $607 |
Price Range | $3,300 | $2,700 - $3,300 |
Avg. Wait for Unit Availability | 55 Days | 26 Days |
Avg. Wait for Unit Availability | 90 Days | 41 Days |
Ratio of Units in Building | 34% | 67% |
Maintenance Fees
Phoenix Condos vs The Fairview Area