pin_buy360 Ridelle Ave
1Listing for Salefor Sale
3Listings for Rentfor Rent
building_buyThe Allenway
pin_buy360 Ridelle Aveexpand addresses list
    building_buyThe Allenway
    1Listing for Salefor Sale
    3Listings for Rentfor Rent
    Walkability
    8/10
    Transit
    9/10
    Bikeability
    8/10
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    high
    Unit Availability
    Average
    Property Type
    Condo
    Developer
    Tenen Investments Ltd
    Condo Completion
    1975
    Property Management
    Malvern Condominium Property Management
    Unit Size Range
    646 - 1399 SQFT
    Number of Units
    354
    Number of Storeys
    22

    360 Ridelle Ave, Toronto

    About this condo

    Condo Overview

    Remember that whole thing about not judging a book by its cover? Now would be a good time to keep that in mind. Rising to 22 storeys of bland brick at 360 Ridelle Ave, and featuring that same old condo design you’ve seen time and time again — The Allenway won’t be winning a beauty pageants. But if you think that means this building deserves to be passed over, think again.

    Modern glass towers tend to attract most of the attention from prospective buyers, but older building such as The Allenway are where you’ll get the best value. Built in 1975 — when Earth, Wind & Fire were tearing up the billboards charts — this building shows it age on the outside, but inside you’ll find a clean property that’s been well kept over the years.

    Along with your affordable and spacious suite, you gain access to a reasonable offering of relaxing amenities — gym, pool, sauna, security guard, and parking garage. Whether you’re a first time home buyer or part of a growing family, these condos are a great opportunity for a future return on investment.

    The Suites

    The Allenway is home to 354 units, available in 1 bedroom, 2 bedroom, and 3 bedroom layouts; suite sizes range from 572 square feet to 1064. What you’ll find within these units will vary greatly depending on past renovations, and It’s possible that some units are in need of an overhaul — and if you read that and immediately thought ‘investment opportunity’, you’re absolutely correct.

    Toronto condos for sale here are well below the average price per square foot of those found downtown — if you want a spacious 1 bedroom for less than 400k, you can find that here. Most units have hardwood, floors, updated kitchens, open concept layouts, large bedrooms with lots of storage, and private balconies.

    While it’s true that this building will appeal to a wide demographic, families are likely to find the best deal here; you won’t feel like you’re in close quarters with a 1064 square foot 3 bedroom unit, and children are sure to appreciate the buildings’ swimming pool and nearby playgrounds and sports facilities at Viewmount Park.

    The Neighbourhood

    Briar Hill & Belgravia is located in the York Crosstown area, and offers a quiet community with convenient access to dining, shopping and transit lines. And while it isn’t the most exciting neighbourhood in the GTA, there’s still plenty to do in the area.

    For dining out, residents have fast food chains on Dufferin like McDonald’s and Tim Hortons, plus several unique restaurants serving international cuisine like Esto es Colombia and Taste of Shawarma. On Eglinton, you’ll encounter Caribbean eateries like Randy's Take-Out, there are vegetarian options such as Celebrity Pure Vegetarian, and a few spots to grab food on the run.

    Shoppers have some choices in the neighbourhood — nothing to rival Yorkville or Queen West, but choices nonetheless — for clothing, technology, cosmetic supplies, jewellery, musical instruments, and more. Additionally, there’s a large commercial area to the north of Lawrence Avenue W.

    Nightlife options are somewhat limited in the neighbourhood — there are pubs like Janes Bar & Grill, Second Beer Bar & Restaurant, and Cascais Sports Bar & Grill, but little else. Those who enjoy outdoor recreation might find the area more appealing; residents have athletic clubs and facilities throughout the neighbourhood, there’s Sgt Splatters Paintball, hockey rinks, tennis courts, and York Beltline Trail for a scenic stroll.

    Transportation

    360 Ridelle Ave has a 78 Walk Score — most residents will be able to run errands without a vehicle or public transit. There are 2 grocery stores nearby, making it that much easier to get things done on foot.

    Those who rely on public transit have several bus routes in the area and stops close-by on Marlee Ave and Eglinton. For longer trips, Eglinton West Station is only a 15 minute walk for the Yonge-University subway line.

    Drivers can avoid most city traffic by heading north on Allen Road for the 401, making it easy to commute no matter what direction you’re headed.

    1

    Listings For Sale

    Interested in receiving new listings for sale?

    3

    Listings For Rent

    Interested in receiving new listings for rent?

    Amenities

    Visitor Parking
    Rooftop Deck/Garden
    Recreation Room
    Party/Meeting Room
    Security System
    Underground Parking
    Bike Storage
    Indoor Pool
    BBQ
    Gym
    Sauna
    Guest Suites

    Maintenance Fees Cover

    Maintenance fees include

    None

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning
    Water

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    The Allenway vs The Briar Hill | Belgravia Area

    $120.00
    Less Expensive
    per SQFT compared to the neighbourhood average
    The Allenway's Avg
    price per SQFT
    $636
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $756
    / SQFT

    Building Trends At The Allenway

    Days on Market

    Units at The Allenway spend an average of
    13
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    6%
    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
    20.3
    YEARS before being sold again

    Property Value

    8%
    Increase in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 6 condos in the Briar Hill | Belgravia area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value

    The Allenway offers the
    ?
    best value out of 6 condos in the Briar Hill | Belgravia neighbourhood

    Return on Investment

    The Allenway has the
    ?
    highest ROI out of 6 condos in the Briar Hill | Belgravia neighbourhood

    Rental Yield

    The Allenway yields the
    ?
    highest rent prices out of 6 condos in the Briar Hill | Belgravia neighbourhood

    High Demand

    The Allenway is the
    ?
    most popular building out of 6 condos in the Briar Hill | Belgravia neighbourhood

    Sales vs Rental Values For This Condo

    1 Bed646 - 749 SQFT
    Average Cost Per Sqft$649
    Sales Price Range$390,000 - $591,000
    Rental Price Range$1,750 - $1,900
    2 Bed989 - 1080 SQFT
    Average Cost Per Sqft$566
    Sales Price Range$452,018 - $670,000
    Rental Price Range$2,100 - $2,550
    3 Bed1300 - 1300 SQFT
    Average Cost Per Sqft$484
    Sales Price Range$703,000 - $703,000
    Rental Price Range
    N/A

    How Often Are Units Listed?

    1 Bed646 - 795 SQFT
    Average Sales Availability
    Every77Days
    Average Rental Availability
    Every148Days
    Ratio of Unit Type in Building40%
    2 Bed850 - 1200 SQFT
    Average Sales Availability
    Every50Days
    Average Rental Availability
    Every348Days
    Ratio of Unit Type in Building48%
    3 Bed1025 - 1321 SQFT
    Average Sales Availability
    Every283Days
    Average Rental Availability
    Every1088Days
    Ratio of Unit Type in Building13%

    Maintenance Fees
    The Allenway vs The Briar Hill | Belgravia Area

    $0.02
    More Expensive
    per SQFT compared to the neighbourhood average
    The Allenway's Avg
    monthly maintenance
    fee per SQFT
    $0.73
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.71
    / SQFT

    Similar condos