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    520 Riverside Drive Condos

    520 Riverside Drive

    0for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    2
    Number of Units:
    14
    Condo Completion:
    1984
    Condo Demand:
    High
    Unit Size Range:
    880 - 1,650 SQFT
    Unit Availability:
    Low
    Property Management:
    No Data

    Listing History for 520 Riverside Drive Condos

    Amenities

    Indoor Parking
    Security System

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 520 Riverside Drive520 Riverside Drive Condos

    Anyone who’s seeking a Toronto condo for sale should consider 520 Riverside Drive Condos at 520 Riverside Drive. a developer completed this building back in 1984, but unlike other buildings of that age, maintenance fees are higher than average at $0.77 per-square-foot. The 2-storey building is home to 14 suites with units ranging between 880 and 1650 square feet.

    Maintenance fees are $0.77 per-square-foot, which is lower than the neighbourhood average of $1.07 per-square-foot.

    The Suites

    Here are some stats that would interest renters or buyers at 520 Riverside Drive: 2 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 $979 and units tend to sell for 13.86% above the list price. Units at 520 Riverside Drive have a high probability of receiving more than one offer. On average, a suite will spend 9 days on the market.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Goodfellas Wood Oven Pizza, Asa Sushi and Old Mill Toronto Restaurant are all within 8 minutes walking distance from 520 Riverside Drive. With cafes such as The Coffee Bouquets, Tim Hortons and Coffee Time only a short 10-minute walk away, grabbing a coffee while living at 520 Riverside Drive Condos is a breeze.

    Grocery shopping is never a chore with stores such as FreshCo and Star's Supermarket in the area.

    Residents here can stop by TD Canada Trust and BMO Bank of Montreal 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 Traymore Park, King's Mill Park North and Old Mill Parkette, which are less than 8 minutes away by foot.

    Those who love to shop will appreciate all the options nearby with The Shoppes at Stonegate, Canada Pasabuy and Dundas & Runnymede Shopping Plaza just 5 minutes from here.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Niki Kavakonis Designs, Art Works Art School and Roach Tackle Folk Art less than a 2-minute drive away will give you a lift. Kingsway Theatre is just a short drive away for movie nights.

    520 Riverside Drive Condos is a short drive away from Park Lawn Junior Middle School, Sunnylea Junior School and Lambton-Kingsway Junior Middle School, giving you plenty of choice for your child’s education.

    Transportation

    If you commute by public transit then the Old Mill neighbourhood is a great choice, as you’ll find the Bloor St West At Riverside Dr light transit stop makes it easy to get around. Jane station is only 1 minutes walking distance 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 2 Old Mill Drive, 1 Old Mill Drive and 2511 Bloor Street W.

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    Nearby Amenities

    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    8/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    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
    6,294
    Average Individual Income
    $54,331
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $97,233
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    58%
    Detached
    20%
    Semi Detached
    11%
    Low Rise Apartment
    7%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    10%
    Cantonese
    8%
    Tagalog
    3%
    Arabic
    2%
    Telugu
    1%
    Spanish
    1%
    Hindi
    1%
    Education
    University and Above
    41%
    High School
    24%
    College
    14%
    None
    14%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    24%
    Math & Computer Sciences
    11%
    Social Sciences
    10%
    Health & Related Fields
    9%
    Physical Sciences
    4%
    Visual & Performing Arts
    4%
    Humanities
    3%
    Personal, Protective & Transportation Services
    2%
    Education
    2%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at 520 Riverside Drive Condos spend an average of
    9
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    14%
    above
    the list price.

    Offer Competition

    Condos in this building have a
    HIGH
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    15.2
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 11 condos in the Old Mill 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

    520 Riverside Drive Condos offers the
    ?
    best value out of 11 condos in the Old Mill neighbourhood

    Appreciation Rank

    520 Riverside Drive Condos has the
    ?
    highest ROI out of 11 condos in the Old Mill neighbourhood

    Rental Yield

    520 Riverside Drive Condos yields the
    ?
    highest rent prices out of 11 condos in the Old Mill neighbourhood

    High Demand

    520 Riverside Drive Condos is the
    ?
    most popular building out of 11 condos in the Old Mill neighbourhood

    Transaction Insights at 520 Riverside Drive

    1 Bed2 Bed3 Bed
    Price RangeNo Data$1,000,000 - $1,820,600No Data
    Avg. Cost Per SqftNo Data$911No Data
    Avg. Wait for Unit AvailabilityNo Data830 DaysNo Data
    Ratio of Units in Building19%73%10%

    Maintenance Fees

    520 Riverside Drive Condos vs The Old Mill Area

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