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    2 Ridelle Avenue

    2for Sale
    2for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    6
    Number of Units:
    43
    Condo Completion:
    2011
    Condo Demand:
    Low
    Unit Size Range:
    292 - 1,245 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Ridelle Plaza

    Receive listing updates for Forest Hill North

    Amenities

    Security System
    Rooftop Deck
    Bike Storage

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 2 Ridelle AvenueRidelle Plaza

    Ridelle Plaza stands 6 storeys tall at 2 Ridelle Avenue and contains 43 units. This Toronto condo was completed in 2011 by 2 Ridelle Avenue Co-Ownership Inc. Suite sizes range from 292 square feet to 1245 square feet.

    Maintenance fees are $0.79 per-square-foot, which is lower than the neighbourhood average of $0.88 per-square-foot.

    The Suites

    The average cost per-square-foot for units at 2 Ridelle Avenue is $630, based on the past 12 months of sales, and units tend to sell within 53 days of being listed. 1 unit has been rented in the previous 12 months, and 2 units have been sold. Suites often sell for 0.00% above the listing price and have a medium chance of receiving multiple offers.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Omni Jewelcrafters, Omni Jewels & Java and Larry Grossman Forest Hill Memorial Arena are all within 14 minutes walking distance from 2 Ridelle Avenue. Get to know Forest Hill North by exploring local cafes like Starbucks, Cafe On The Hill and Surreal Food Co.

    There are a number of grocery stores within a short drive, including Nortown Foods, Sobeys Urban Fresh Rosebury Square and Sobeys.

    Residents here can stop by RBC Royal Bank and Royal Trust Corporation of Canada on their way home from work, so they can take care of their financial needs.

    There are plenty of parks nearby to keep your family busy, including Hillhurst Parkette and Hillmount Parkette, which are less than 4 minutes away by foot.

    Enhance your personal style while living in the Forest Hill North neighbourhood by visiting The Upper Village, The Pet Plaza and Lawrence Plaza.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Online Art Gallery, Petroff Gallery and Knight Galleries International Limited less than a 2-minute drive away will give you a lift.

    Ridelle Plaza is a short drive away from Allenby Junior Public School, Oriole Park Junior Public School and John Ross Robertson Junior Public School, giving you plenty of choice for your child’s education. Families with older children will be happy to know that Spirit of Math North Toronto - Forest Hill can be reached by car in under 4 minutes.

    Transportation

    If you commute by public transit then the Forest Hill North neighbourhood is a great choice, as you’ll find the Bathurst St At Briar Hill Ave light transit stop makes it easy to get around. Glencairn is about a 3-minute drive from the building.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 2603 Bathurst Street, 22 Shallmar Boulevard and 170 Chiltern Hill Road.

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    2

    Listings For Sale

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    Listings For Rent

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    Explore Forest Hill North

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    6/10
    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
    10,052
    Average Individual Income
    $59,587
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $103,773
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    2%
    20 - 34
    19%
    35 - 49
    16%
    50 - 64
    23%
    65+
    24%
    Household Income
    $0 - $30,000
    56%
    $30,000+
    22%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    48%
    Semi Detached
    32%
    Low Rise Apartment
    11%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    46%
    Cantonese
    23%
    Mandarin
    18%
    Other
    7%
    Tamil
    3%
    Urdu
    1%
    Tagalog
    1%
    Punjabi
    1%
    Education
    High School
    29%
    University and Above
    27%
    None
    23%
    College
    14%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    12%
    Humanities
    6%
    Math & Computer Sciences
    6%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Ridelle Plaza vs The Forest Hill North Area

    Days on Strata

    Units at Ridelle Plaza spend an average of
    53
    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
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Forest Hill North

    Turnover of Units

    On average, each unit is owned for
    6.6
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 9 condos in the Forest Hill North area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    Ridelle Plaza offers the
    ?
    best value out of 9 condos in the Forest Hill North neighbourhood

    Appreciation Rank

    Ridelle Plaza has the
    ?
    highest ROI out of 9 condos in the Forest Hill North neighbourhood

    Rental Yield

    Ridelle Plaza yields the
    ?
    highest rent prices out of 9 condos in the Forest Hill North neighbourhood

    High Demand

    Ridelle Plaza is the
    ?
    most popular building out of 9 condos in the Forest Hill North neighbourhood

    Transaction Insights at 2 Ridelle Avenue

    Studio1 Bed2 Bed2 Bed + Den
    Price RangeNo Data$429,000$540,000No Data
    Avg. Cost Per SqftNo Data$661$615No Data
    Avg. Wait for Unit AvailabilityNo Data207 Days447 Days1680 Days
    Ratio of Units in Building6%62%31%3%

    Unit Sales vs Inventory

    Total number of units listed and sold in Forest Hill North