Phoenix Condos

Phoenix Condos is a 28-storey residential tower completed in 1990, located at 550 Webb Drive in Mississauga's City Centre neighbourhood. The building comprises high-rise apartment units averaging around 1,070 square feet. Recent sales have averaged approximately $563,000, with monthly condo fees averaging roughly $0.70 per square foot, covering heat, water, hydro, and building insurance. The building offers extensive amenities including a concierge, outdoor pool, gym, squash and racquet courts, tennis court, and multiple recreation spaces. Situated within walking distance of 19 restaurants, 12 cafes, and 6 grocery stores, plus proximity to the City Centre Transit Terminal, the location appeals to professionals and families. Before committing to a purchase, prospective buyers should have a condo lawyer review the status certificate, reserve fund study, financial statements, board minutes, and declaration to understand the building's financial health and governance.