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    Mississauga / Fairview - Mississauga

    2606 - 550 Webb Dr

    For SalePhoenix Condos
    $610,000
    2 Beds + 1
    1 Bath
    2 Parking
    1,000 SQFT
    21 Days on Strata
    Est Sell Timeframe
    30 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $634/mth
    Taxes:
    $2,414 (2024)
    Cost Per Sqft:
    $610/sqft
    Locker:
    Ensuite
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    30-90 days/TBA
    Laundry:
    Upper
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Ceramic Floor, Stainless Steel Appliances, O/Looks Dining
    9.19 x 8.86ft
    Dining
    Laminate, Combined with Living, Open Concept
    13.12 x 10.5ft
    Living
    Laminate, Walkout To Balcony, Combined with Dining
    11.32 x 9.84ft

    About this Listing

    Do Not Miss This , Spacious 2 Bedrooms + Den + 1 Bath , Carpet-Free Unit with Southwest Unobstructed Views to Lake Shore; Freshly Painted Thru out (2022), New Laminate Floors (2022); Ensuite Laundry ; 2 Owned/Exclusive Tandem Parking Spots close to Elevator; Kitchen Features S/S Appliances, Ceramic Backsplash, Extended Cabinetry ; Living And Dining Area That Leads Out To A Spacious Balcony With Beautiful Views Of The City Skyline & Lake Shore. Master Bedroom Has A Semi-Ensuite & His/Her Closets and Access To A Huge Balcony View to South West lake area ; This Exceptionally Well-Managed Building Offers A Beautiful New Lobby & Great Amenities; Close to Major Highways and Convenient Location within Walking Distance to Square One, Celebration Square, Grand Park Plaza, YMCA, Living Arts Centre, Public Transit, Sheridan College Campus, Places Of Worship, Parks, Sports Facilities, Restaurants, Shops & So Much More!

    ExtrasConvenient Underground Tandem 2 Car Parking Space Very Close to the Elevator Lobby.. Condo/Maintenance Fees Include Heat, Hydro & Water

    re/max realty specialists inc.MLS® #W10224818

    Amenities

    Party Room
    Security System
    Visitor Parking
    Outdoor Pool
    Gym Room
    Sauna

    Explore Neighbourhood

    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.

    Similar Listings

    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
    0 - 14
    18%
    20 - 34
    27%
    35 - 49
    21%
    50 - 64
    20%
    65+
    12%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    30%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    2%
    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

    Maintenance Fees

    Phoenix Condos vs The Fairview - Mississauga Area

    Building Trends At Phoenix Condos

    Days on Strata

    Units at Phoenix Condos spend an average of
    39
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Fairview - Mississauga

    Turnover of Units

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

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 19 condos in the Fairview - Mississauga area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    10
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 550 Webb Drive

    2 Bed2 Bed + Den
    Price Range$629,900 - $705,000$579,000 - $818,000
    Avg. Cost Per Sqft$596$591
    Avg. Wait for Unit Availability52 Days29 Days
    Ratio of Units in Building39%62%

    Transactions vs Inventory

    Total number of units listed and sold in Fairview - Mississauga