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    The Randolph

    356 Mcrae Drive

    0for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    5
    Number of Units:
    50
    Condo Completion:
    1991
    Condo Demand:
    Medium
    Unit Size Range:
    735 - 1,400 SQFT
    Unit Availability:
    Low

    Listing History for The Randolph

    Amenities

    Rec Room
    Sauna
    BBQ
    Party Room
    Indoor Parking
    Bike Storage

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 356 Mcrae DriveThe Randolph

    Anyone who’s seeking a Toronto condo for sale should definitely consider The Randolph at 356 Mcrae Drive. McRae-Randolph Developments Inc. completed this building back in 1991, but unlike other buildings of that age, maintenance fees are actually quite high at $1.06 per-square-foot. The building is 5 storeys tall and is home to 50 suites. Units start at 735 square feet on the low end, and can go up to 1400 square feet.

    This condo has an average demand ranking per Strata.ca analytics and a Walk Score of 85. Maintenance fees at 356 Mcrae Drive are $1.06 per-square-foot, which is significantly higher than the city average of about $0.67, however the maintenance fees do include all utilities, making them a bit more reasonable (usually at least hydro is separate).

    The Suites

    The average cost per-square-foot for units at 356 Mcrae Drive is $767, based on the past 12 months of sales, and units tend to sell within 24 days of being listed. 0 unit has been rented in the previous 12 months, and 2 units have been sold. Suites often sell for -3.94% below 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 Local Leaside, Freshii and KFC are all within 4 minutes walking distance from 356 Mcrae Drive. To fuel up in the morning, head to Starbucks to grab your beverage of choice.

    Grocery shopping is never a chore with stores such as Sobeys Laird & Wicksteed, Longo's Leaside and valu-mart in the area.

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

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Trace Manes Park and Father Caulfield Park are less than 15 minutes walking distance from 356 Mcrae Drive.

    Those who love to shop will appreciate all the options nearby with East York Town Centre just 4 minutes from here.

    When the weekend rolls around, Studio Gallery 106, State Of The Art Gallery Inc and Room Art Concept are within a short 2-minute drive away. Regent Theatre is just a short drive away for movie nights.

    There are plenty of nearby school choices — Bessborough Drive Elementary and Middle School, Northlea Elementary and Middle School and Children's Garden Nursery School (Bayview) Ltd. — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Leaside High School, Toronto STEM School and Português Lúdico.

    Transportation

    Transit users will love the Thorncliffe neighbourhood with convenient light transit routes like Mcrae Dr At Laird Dr West Side nearby. Eglinton isn’t within a close walking distance, but you can drive there in about 7 minutes.

    Anyone who isn’t sold on this development but loves the area, might want to check out 928 Millwood Road, 25 Malcolm Road and 955 Millwood Road, which are similar condos in the area.

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    Explore Neighbourhood

    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!
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

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

    Population
    18,809
    Average Individual Income
    $65,937
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $111,348
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    55%
    Semi Detached
    23%
    Low Rise Apartment
    11%
    Duplex
    6%
    High Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    51%
    Cantonese
    18%
    Mandarin
    17%
    Other
    10%
    Tamil
    3%
    Tagalog
    1%
    Education
    University and Above
    32%
    High School
    27%
    None
    18%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    18%
    Social Sciences
    13%
    Health & Related Fields
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Thorncliffe


    Days on Strata

    Units at The Randolph spend an average of
    24
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    10.9
    YEARS before being sold again

    Property Value

    11%
    Increase in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 20 condos in the Thorncliffe area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    The Randolph offers the
    ?
    best value out of 20 condos in the Thorncliffe neighbourhood

    Appreciation Rank

    The Randolph has the
    ?
    highest ROI out of 20 condos in the Thorncliffe neighbourhood

    Rental Yield

    The Randolph yields the
    ?
    highest rent prices out of 20 condos in the Thorncliffe neighbourhood

    High Demand

    The Randolph is the
    ?
    most popular building out of 20 condos in the Thorncliffe neighbourhood

    Transaction Insights at 356 Mcrae Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$610,000 - $675,000No DataNo Data
    Avg. Cost Per SqftNo Data$796No DataNo Data
    Avg. Wait for Unit Availability689 Days345 Days736 Days1017 Days
    Ratio of Units in Building21%45%25%11%

    Maintenance Fees

    The Randolph vs The Thorncliffe Area

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