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    For SaleRitz Towers Condos
    4.0
    $449,000
    Price Cut: $489,900
    2 Beds
    2 Bath
    1 Parking
    1,000 - 1,199 SQFT
    41 Days on Strata
    Est Sell Timeframe
    10 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,222/mth
    Taxes:
    $2,546 (2024)
    Cost Per Sqft:
    $374 - $449/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    West
    Possession Date:
    Immediately
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    19.75 x 10.83ft
    Dining
    11.52 x 11.09ft
    Kitchen
    13.32 x 9.09ft

    About this Listing

    Sold under POWER OF SALE. "sold" as is - where is. Amazing opportunity - Beautiful full of Sun. Approximately 1165 Sqft Living Space. Great location, full of upgrades. 2+1 Bedroom Condo. The Prestigious "Ritz Towers" overlooks amazing Views. Very well-kept building with amazing amenities! Close proximity of shopping, Banks, Public Transit, Schools & 407/410. Building Amenities include Game Room, Gym, Tennis Court, Indoor & Outdoor Pool, Squash/Racquet Court And Much More.

    ExtrasSeller does not warrant any aspects of the property including to and not limited to: Sizes, taxes or condition.

    royal lepage real estate services ltd.MLS® #W9392522


    Amenities

    Concierge
    Security System
    Car Wash
    Tennis Court
    Gym Room
    Rec Room

    Explore Neighbourhood

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    8,702
    Average Individual Income
    $66,077
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $122,691
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    27%
    $60,000+
    16%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    62%
    Semi Detached
    18%
    Duplex
    11%
    Low Rise Apartment
    7%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    76%
    Punjabi
    10%
    Other
    8%
    Urdu
    2%
    Spanish
    1%
    Hindi
    1%
    Mandarin
    1%
    Cantonese
    1%
    Education
    High School
    29%
    University and Above
    25%
    College
    21%
    None
    15%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Humanities
    6%
    Physical Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Math & Computer Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    Ritz Towers Condos vs The Queen Street Corridor Area

    Days on Strata

    Units at Ritz Towers Condos spend an average of
    52
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Queen Street Corridor

    Turnover of Units

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

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 23 condos in the Queen Street Corridor area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value Rank

    Ritz Towers Condos offers the
    ?
    best value out of 23 condos in the Queen Street Corridor neighbourhood

    Appreciation Rank

    Ritz Towers Condos has the
    ?
    highest ROI out of 23 condos in the Queen Street Corridor neighbourhood

    Rental Yield

    Ritz Towers Condos yields the
    ?
    highest rent prices out of 23 condos in the Queen Street Corridor neighbourhood

    High Demand

    Ritz Towers Condos is the
    ?
    most popular building out of 23 condos in the Queen Street Corridor neighbourhood

    Transaction Insights at 8 Lisa Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$418,000No Data$480,000 - $488,000$490,000 - $530,000
    Avg. Cost Per Sqft$398No Data$428$456
    Avg. Wait for Unit Availability357 Days185 Days55 Days34 Days
    Ratio of Units in Building6%6%46%44%

    Transactions vs Inventory

    Total number of units listed and sold in Queen Street Corridor