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    335 Webb Drive & 325 Webb Drive

    Monarchy Condos
    3for Sale
    5for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    23
    Number of Units:
    512
    Condo Completion:
    1991
    Condo Demand:
    Medium
    Unit Size Range:
    670 - 2,000 SQFT
    Unit Availability:
    High

    Listing History for Monarchy Condos

    Receive listing updates for Downtown Core

    Amenities

    Concierge
    Security System
    Car Wash
    Tennis Court
    Gym Room
    Rec Room

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Excluded
    Hydro

    About 335 Webb DriveMonarchy Condos

    There’s something powerful about the residential building at 335 Webb Drive — and we’re not just talking about the name. Aesthetically speaking the Monarchy Condos is colossal and commanding, and with 512 units situated inside, it’s also home to a small kingdom.

    While this condominium isn’t entirely old-fashioned, the glass blocks in the lobby serve as a clue as to the building’s date of origin: the Monarch Group constructed the Monarchy Condos back in 1991. Thankfully, the amenities at 325 Webb are timeless, with residents having access to an indoor swimming pool, sauna, party room, squash court, and games room.

    The Suites

    While all sorts of buyers are attracted to the building, the homes at 335 Webb Drive are especially well suited to families. Suites range from large to larger — or from 900 to 2,250 square feet, to be precise. Parents with more than one child should note, however, that even the largest units in the building only contain up to two bedrooms.

    The Neighbourhood

    As far as Mississauga goes, it’s difficult to find a more exciting neighbourhood than the Downtown Core. Living at 335 Webb means being able to walk to shops, restaurants, and attractions, including Square One Shopping Centre, and the Art Gallery of Mississauga. Also just around the corner from the building are a YMCA and a public library.

    Mississauga is home to a diverse group of people, as well as the specialty grocery stores that cater to newcomers who enjoy a taste of home every now and then. Residents living at 325 Webb can visit Mr. India Grocers, for example, in order to try imported products from India, while T&T Supermarket is a go-to spot for Asian provisions.

    Transportation

    Yet another benefit to living at the Monarchy Condos is its central location, and residents with cars can get around the city just as easily as those without thanks to the MiWay network of buses that services Mississauga.

    Those heading out on lengthier journeys from 335 Webb Drive can also catch GO Trains departing from the Cooksville Station. And residents who need to reach downtown Toronto in a hurry can use the 21 GO bus, which carries passengers from Cooksville to Union Station in less than one hour.

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    3

    Listings For Sale

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    5

    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.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    7/10
    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

    Monarchy Condos vs The Downtown Core Area

    Days on Strata

    Units at Monarchy Condos spend an average of
    37
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    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
    4
    YEARS before being sold again

    Property Value

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

    Price Ranking

    33rd
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    22
    Units were Sold over the past twelve months

    Rented Units

    31
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

    Monarchy Condos is the
    ?
    most popular building out of 44 condos in the Downtown Core neighbourhood

    Transaction Insights at 335 Webb Drive

    1 Bed2 Bed2 Bed + Den
    Price RangeNo Data$626,000 - $815,000$570,000 - $725,000
    Avg. Cost Per SqftNo Data$612$604
    Avg. Wait for Unit AvailabilityNo Data25 Days19 Days
    Ratio of Units in Building1%48%52%

    Unit Sales vs Inventory

    Total number of units listed and sold in Downtown Core