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    2807 - 223 Webb Dr

    For SaleOnyx Condos
    $555,000
    1 Bed + 1
    2 Bath
    1 Parking
    648 SQFT
    3 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $621/mth
    Taxes:
    $2,660 (2024)
    Cost Per Sqft:
    $856/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    30/60/90
    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
    Vinyl Floor, Walkout To Balcony, Combined with Dining
    16.7 x 9.71ft
    Dining
    Vinyl Floor, Centre Island, Open Concept
    16.7 x 9.71ft
    Kitchen
    Vinyl Floor, Stainless Steel Appliances, Backsplash
    10.7 x 10.07ft

    About this Listing

    Don't miss out on this incredible opportunity! Whether you're a first-time buyer or an investor, this 28th-floor stunner is the one you've been waiting for. Picture waking up to breathtaking sunrises and unwinding with sunsets over Lake Ontario, all from your expansive 20x6ft open balcony. Inside, you'll find modern upgrades like sleek vinyl flooring, a chic kitchen with granite countertops, stainless steel appliances, and airy 9-foot ceilings. The open-concept den offers flexibility as a home office or creative space. Located in the vibrant heart of the city, convenience is at your doorstep. Stroll to Square One, Celebration Square, the Living Arts Centre, and more. Plus, with easy access to highways 403 and 401, getting around is a breeze. This is urban living at its finest.

    ExtrasSome Pictures are Virtually Staged.

    re/max realty services inc.MLS® #W9353459


    Amenities

    Media Room
    Indoor Pool
    Guest Suites
    Visitor Parking
    Party Room
    Rooftop Deck

    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.

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    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

    Onyx Condos vs The Downtown Core Area

    Days on Strata

    Units at Onyx Condos spend an average of
    34
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire 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
    5.3
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    12th
    Highest price per SQFT out of 45 condos in the Downtown Core area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    46
    Units were Rented over the past twelve months

    Best Value Rank

    Onyx Condos offers the
    ?
    best value out of 45 condos in the Downtown Core neighbourhood

    Appreciation Rank

    Onyx Condos has the
    ?
    highest ROI out of 45 condos in the Downtown Core neighbourhood

    Rental Yield

    Onyx Condos yields the
    ?
    highest rent prices out of 45 condos in the Downtown Core neighbourhood

    High Demand

    Onyx Condos is the
    ?
    most popular building out of 45 condos in the Downtown Core neighbourhood

    Transaction Insights at 223 Webb Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$485,000 - $530,000$561,000 - $599,000$660,000 - $670,000$657,000 - $810,000
    Avg. Cost Per Sqft$903$779$841$702
    Avg. Wait for Unit Availability65 Days23 Days103 Days48 Days
    Ratio of Units in Building22%47%13%20%

    Transactions vs Inventory

    Total number of units listed and sold in Downtown Core