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    40 Richview Road

    Humberview Heights Condos
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    5for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    19
    Number of Units:
    180
    Condo Completion:
    1985
    Condo Demand:
    Medium
    Unit Size Range:
    849 - 1,710 SQFT
    Unit Availability:
    Low

    Listing History for Humberview Heights Condos

    Receive listing updates for Forest Hill South

    Amenities

    Guest Suites
    Concierge
    Security System
    Car Wash
    Lap Pool
    Tennis Court

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 40 Richview RoadHumberview Heights Condos

    Anyone who’s seeking a Toronto condo for sale should definitely consider Humberview Heights Condos at 40 Richview Road. United Lands Corporation completed this building back in 1985, but unlike other buildings of that age, maintenance fees are actually higher than average at $0.77 per-square-foot. The building is 19 storeys tall and is home to 180 suites. Units start at 849 square feet on the low end, and can go up to 1710 square feet.

    Maintenance fees are $0.77 per-square-foot, which is lower than the neighbourhood average of $1.12 per-square-foot.

    The Suites

    Here are some stats that would interest renters or buyers at 40 Richview Road: 6 units have been sold in the past 12 months, and 1 unit has been rented over the same period.

    In terms of price per-square-foot, the average cost is $500 and units tend to sell for -3.96% below the list price. Units at 40 Richview Road have a low probability of receiving more than one offer. On average, a suite will spend 39 days on the market.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as village kitchen, Subway and Pizza Pizza are all within 13 minutes walking distance from 40 Richview Road. There’s always time for coffee with zaza, Zaza Espresso Bar and Zaza a short 11-minute walk away.

    Grocery shopping is never a chore with stores such as Balkan Express, Noi African Supermarket and Metro in the area.

    Planning for your future is easy with RBC Royal Bank and CIBC Branch with ATM in the area.

    Having La Rose Park and Westmount Park within 7 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Like to shop? Everything you need is close by when you live at 40 Richview Road, including cloverdale mall, Weston Shopping Centre and Industrial plaza which are only 4 away.

    Transportation

    For transit users, the nearest light transit stop is La Rose Ave At Arcade Dr and is about a 3 minutes walk away. Royal York isn’t within a close walking distance, but you can drive there in about 11 minutes.

    If you’re interested in checking out other similar condos within walking distance, you might like 61 Richview Road, 15 La Rose Avenue and 95 La Rose Avenue.

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    5

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    Explore Forest Hill South

    4/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    6/10
    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.

    Similar condos

    Demographics

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

    Population
    7,192
    Average Individual Income
    $60,292
    Average Household Size
    3 persons
    Average Age
    40
    Average Household Income
    $111,861
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    17%
    50 - 64
    23%
    65+
    21%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    26%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    49%
    Low Rise Apartment
    15%
    High Rise Apartment
    15%
    Semi Detached
    12%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    57%
    Mandarin
    14%
    Cantonese
    11%
    Other
    10%
    Tagalog
    3%
    Tamil
    3%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    28%
    High School
    27%
    None
    18%
    College
    17%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    10%
    Humanities
    7%
    Physical Sciences
    5%
    Math & Computer Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Humberview Heights Condos vs The Forest Hill South Area

    Days on Strata

    Units at Humberview Heights Condos spend an average of
    39
    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 a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Forest Hill South

    Turnover of Units

    On average, each unit is owned for
    15.8
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    9th
    Highest price per SQFT out of 23 condos in the Forest Hill South area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    Humberview Heights Condos offers the
    ?
    best value out of 23 condos in the Forest Hill South neighbourhood

    Appreciation Rank

    Humberview Heights Condos has the
    ?
    highest ROI out of 23 condos in the Forest Hill South neighbourhood

    Rental Yield

    Humberview Heights Condos yields the
    ?
    highest rent prices out of 23 condos in the Forest Hill South neighbourhood

    High Demand

    Humberview Heights Condos is the
    ?
    most popular building out of 23 condos in the Forest Hill South neighbourhood

    Transaction Insights at 40 Richview Road

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$626,000 - $690,000$605,000 - $625,000$899,900$755,000
    Avg. Cost Per SqftNo DataNo Data$547$523$526$461
    Avg. Wait for Unit Availability371 Days524 Days61 Days290 Days213 Days368 Days
    Ratio of Units in Building12%7%54%8%21%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Forest Hill South