pin_buy8 Lisa St
5Listings for Salefor Sale
0Listings for Rentfor Rent
building_buyRitz Towers Condos
pin_buy8 Lisa Stexpand addresses list
    building_buyRitz Towers Condos
    5Listings for Salefor Sale
    0Listings for Rentfor Rent
    Walkability
    6/10
    Transit
    7/10
    Bikeability
    6/10
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    high
    Unit Availability
    Above Average
    Property Type
    Condo
    Developer
    Bramalea Limited
    Condo Completion
    1986
    Property Management
    Maple Ridge Community Management
    Unit Size Range
    860 - 1395 SQFT
    Number of Units
    222
    Number of Storeys
    28

    8 Lisa St, Toronto

    About this condo

    Condo Overview

    Ritz Towers Condos was completed in 1986 by Bramalea Limited. While some buyers associate high maintenance fees with older buildings, maintenance fees at 8 Lisa St are only $0.81 per-square-foot. These Queen Street Corridor condo for sale offer floor plans that are more spacious than most modern condos; there are 222 suites in this 28-storey residence, and units range from 860 square feet to 1395 square feet.

    Maintenance fees are $0.81 per-square-foot, which is higher than the neighbourhood average of $0.62 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 8 Lisa St is $533 based on the past 12 months of sales, which places it in the bottom 25% for cost PSF in the area.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Bramalea City Pizza, St. Louis Bar & Grill and Subway are all within 8 minutes walking distance from 8 Lisa St. There’s always time for coffee with Tim Hortons, McDonald's and Daniel's Chai Bar a short 14-minute walk away.

    There are a number of grocery stores within a short drive, including Rabba Fine Foods and Gem West Indian Grocery.

    Ritz Towers Condos is a great choice for residents who are money conscious — with banks like Scotiabank and BMO Bank of Montreal nearby.

    Residents at this condo are also just a short drive away from green spaces such as Esker Lake Trail, Hoskins Parkette and Laurelcrest Park.

    There are plenty of nearby school choices — KinderKollege Primary School, St. John Fisher Catholic School and Doon School — with more in neighbouring areas so you can find the best school for your child’s needs. Have a teenager who’s worried about making friends? A quick transit ride is all it’ll take to easily meet up with classmates from Bramalea Secondary School.

    8 Lisa St is only a short 4-minute drive away when visiting friends or families who are unwell and recovering.

    Transportation

    Transit users will need to trek a bit to Bramalea Terminal Route 1/1A EB - Departure, the nearest light transit stop.

    Curious about similar condos in the area? Check out 4 Lisa St, 5 Lisa St and 3 Lisa St — all within walking distance.

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    Listings For Rent

    Interested in receiving new listings for rent?

    Amenities

    Recreation Room
    Security System
    Party/Meeting Room
    Tennis Court
    Games Room
    BBQ
    Concierge
    Gym
    Visitor Parking
    Squash Racquet Court
    Indoor Pool
    Car Wash
    Outdoor Pool

    Maintenance Fees Cover

    Maintenance fees include

    Hydro
    Heat
    Water

    Owner / renter pays separately

    Air Conditioning

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    Ritz Towers Condos vs The Queen Street Corridor Area

    $87.00
    Less Expensive
    per SQFT compared to the neighbourhood average
    Ritz Towers Condos's Avg
    price per SQFT
    $527
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $614
    / SQFT

    Building Trends At Ritz Towers Condos

    Days on Market

    Units at Ritz Towers Condos spend an average of
    15
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    7%
    above
    the list price.

    Offer Competition

    Condos in this building have an

    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    10
    YEARS before being sold again

    Property Value

    21%
    Increase in property value within the past twelve months

    Price Ranking

    17th
    Highest price per SQFT out of 19 condos in the Queen Street Corridor area

    Sold Units

    24
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value

    Ritz Towers Condos offers the
    ?
    best value out of 19 condos in the Queen Street Corridor neighbourhood

    Return on Investment

    Ritz Towers Condos has the
    ?
    highest ROI out of 19 condos in the Queen Street Corridor neighbourhood

    Rental Yield

    Ritz Towers Condos yields the
    ?
    highest rent prices out of 19 condos in the Queen Street Corridor neighbourhood

    High Demand

    Ritz Towers Condos is the
    ?
    most popular building out of 19 condos in the Queen Street Corridor neighbourhood

    Sales vs Rental Values For This Condo

    1 Bed860 - 1100 SQFT
    Average Cost Per Sqft$517
    Sales Price Range$525,000 - $570,000
    Rental Price Range$1,900 - $1,900
    1 Bed + Den1100 - 1100 SQFT
    Average Cost Per Sqft$436
    Sales Price Range$479,900 - $479,900
    Rental Price Range
    N/A
    2 Bed1208 - 1299 SQFT
    Average Cost Per Sqft$379
    Sales Price Range$422,500 - $530,000
    Rental Price Range$2,100 - $2,100
    2 Bed + Den1083 - 1283 SQFT
    Average Cost Per Sqft$466
    Sales Price Range$430,000 - $690,000
    Rental Price Range$2,350 - $3,200

    How Often Are Units Listed?

    1 Bed860 - 1100 SQFT
    Average Sales Availability
    Every562Days
    Average Rental Availability
    Every1414Days
    Ratio of Unit Type in Building4%
    1 Bed + Den1000 - 1120 SQFT
    Average Sales Availability
    Every200Days
    Average Rental Availability
    Every240Days
    Ratio of Unit Type in Building8%
    2 Bed1083 - 1299 SQFT
    Average Sales Availability
    Every59Days
    Average Rental Availability
    Every362Days
    Ratio of Unit Type in Building40%
    2 Bed + Den1083 - 1395 SQFT
    Average Sales Availability
    Every25Days
    Average Rental Availability
    Every185Days
    Ratio of Unit Type in Building50%

    Maintenance Fees
    Ritz Towers Condos vs The Queen Street Corridor Area

    $0.19
    More Expensive
    per SQFT compared to the neighbourhood average
    Ritz Towers Condos's Avg
    monthly maintenance
    fee per SQFT
    $0.81
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.62
    / SQFT

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