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    223 Webb Drive

    7for Sale
    2for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    35
    Number of Units:
    353
    Condo Completion:
    2011
    Condo Demand:
    Medium
    Unit Size Range:
    502 - 1,400 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Onyx Condos

    Receive listing updates for Downtown Core

    Amenities

    Rec Room
    Visitor Parking
    Indoor Pool
    Concierge
    Games Room
    BBQs Allowed

    Maintenance Fees

    Included
    Heat
    Water
    Excluded
    Hydro
    Air Conditioning

    About 223 Webb DriveOnyx Condos

    The glass tower at 223 Webb Drive is about as contemporary as it gets, as far as Mississauga Condos go. The Onyx Condos was designed by both RAW Design and Quadrangle Architects, and built by Davies Smith Developments in 2011.

    The lobby of the 35-storey condo is particularly modern, with its marble details and subdued colour palette. In addition to 353 homes, the architects behind 223 Webb managed to carve out space for 30,000 square feet of amenities — which has proven to attract an incredibly young population of residents to the building. Not only is a concierge stationed in the lobby, but residents have access to a gym, indoor pool, and sauna, as well as a party room, a terrace with barbecues, two guest suites, and unlimited visitor parking (overnight included).

    The Suites

    The homes at 223 Webb are incredibly diverse in terms of size and layout, with suites ranging from 500 to 1,400 square feet and containing one bedroom, one bedroom plus a den, two bedrooms, two bedrooms plus a den, or three bedrooms.

    Mezzanine-style condos may be hard to come by, but 223 Webb is home to a handful of these sought-after homes. It’s no wonder these units get snapped up fast, with their double-height walls clad entirely in glass and their 18-foot ceilings.

    Natural lighting is just one of the consistent features found throughout the building: suites boast wall-to-wall, floor-to-ceiling windows and open concept layouts, allowing for sunlight to pour into every corner of the homes. Other elements found within every single suite at 223 Webb include engineered hardwood, ceramic flooring, and balconies.

    The Neighbourhood

    Residents living at the Onyx Condos have countless amenities and attractions within close reach. Some of the centrepieces of Mississauga’s Downtown Core neighbourhood include Celebration Square, where public festivals and festivities are held, and Square One Shopping Centre, with its impressive lineup of fashion and retail stores and its recently upgraded food court. A YMCA and public library are also within walking distance, as well as a handful of grocery stores.

    Transportation

    Travelling to and from 223 Webb is a breeze, whether residents prefer to drive or ride public transit. The former group can reach the 403, the 401, and the QEW by driving along Hurontario, while the latter can catch buses departing from the City Centre Transit Terminal or trains from Cooksville GO Station.

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    7

    Listings For Sale

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    2

    Listings For Rent

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    Explore Downtown Core

    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 condos

    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
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    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
    5.3
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    16th
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    39
    Units were Rented over the past twelve months

    Best Value Rank

    Onyx Condos offers the
    ?
    best value out of 44 condos in the Downtown Core neighbourhood

    Appreciation Rank

    Onyx Condos has the
    ?
    highest ROI out of 44 condos in the Downtown Core neighbourhood

    Rental Yield

    Onyx Condos yields the
    ?
    highest rent prices out of 44 condos in the Downtown Core neighbourhood

    High Demand

    Onyx Condos is the
    ?
    most popular building out of 44 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$520,000 - $599,000$660,000 - $670,000$680,000 - $810,000
    Avg. Cost Per Sqft$903$781$841$749
    Avg. Wait for Unit Availability64 Days24 Days104 Days50 Days
    Ratio of Units in Building22%47%13%20%

    Unit Sales vs Inventory

    Total number of units listed and sold in Downtown Core