Maintenance Fees
Monarchy Condos vs The Downtown Core Area
1405 - 325 Webb Dr
$625,0002 bds2 ba1 pk1,032 sqft
For SaleMonarchy Condos
5.0
6 Days on Strata
$625,000
2 Beds + 1
2 Bath
1 Parking
1,032 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$696/mth
Taxes:
$4,108 (2024)
Cost Per Sqft:
$606/sqft
Outdoor Space:
None
Locker:
Owned
Exposure:
South
Possession Date:
April 15, 2025
Amenities
Rec Room
Squash Court
Car Wash
Visitor Parking
Party Room
Concierge
Indoor Pool
Sauna
BBQs Allowed
Gym
Tennis Court
Security System
About this Listing
High Speed Internet is included in the maintenance fee.
ExtrasFridge, Stove, Dishwasher, Microwave, Washer & Dryer, All ELFS, Window coverings.
homelife/miracle realty ltdMLS® #W12062143
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room dimensions are not available for this listing.
Buyer's Market
Balanced
Seller's Market
Similar Listings
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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.
Mortgage Calculator
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
Household Income
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%
Building Trends At Monarchy Condos
Days on Strata
Units at Monarchy Condos spend an average of
43
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
Or in other words, the
entire list price
Offer Competition
Condos in this building have an
AVERAGEchance 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 againProperty Value
-9%
Decrease in property value within the past twelve months
Price Ranking
34th
Highest price per SQFT out of 44 condos in the Downtown Core area
Sold Units
16
Units were Sold over the past twelve months
Rented Units
26
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
?
Market Insights
Transaction Insights at Monarchy Condos
| 1 Bed | 2 Bed | 2 Bed + Den | |
|---|---|---|---|
| Price Range | No Data | $540,000 - $815,000 | $551,000 - $725,000 |
| Avg. Cost Per Sqft | No Data | $562 | $588 |
| Price Range | No Data | $2,750 - $3,100 | $2,775 - $3,100 |
| Avg. Wait for Unit Availability | No Data | 30 Days | 18 Days |
| Avg. Wait for Unit Availability | 590 Days | 31 Days | 19 Days |
| Ratio of Units in Building | 1% | 42% | 58% |
Market Inventory
Total number of units listed and sold in Downtown Core
