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    616 Avenue Road

    2for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    10
    Number of Units:
    27
    Condo Completion:
    1979
    Condo Demand:
    High
    Unit Size Range:
    1,099 - 2,600 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for 616 Avenue Road Condos

    Receive listing updates for Forest Hill South

    Amenities

    Security System
    Gym Room
    Indoor Parking
    Car Wash
    Visitor Parking
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 616 Avenue Road616 Avenue Road Condos

    Anyone who’s seeking a Toronto condo for sale should consider 616 Avenue Road Condos at 616 Avenue Road. Dirmer Developments Ltd. completed this building back in 1979, but unlike other buildings of that age, maintenance fees are on the higher end at $0.90 per-square-foot. The 10-storey building is home to 27 suites with units ranging between 1099 and 2600 square feet.

    Maintenance fees at 616 Avenue Road are $0.90 per-square-foot, which is notably higher than the city average of about $0.67.

    The Suites

    Here are some stats that would interest renters or buyers at 616 Avenue Road: 3 units have been sold in the past 12 months, and 0 unit has been rented over the same period.

    In terms of price per-square-foot, the average cost is $976 and units tend to sell for -3.79% below the list price. Units at 616 Avenue Road have a low probability of receiving more than one offer. On average, a suite will spend 41 days on the market.

    The Neighbourhood

    Living here means you’re just a 12-minute walk from Bento Sushi, Gourmet Cafe and Pasta Mondo, making it easy to dazzle your taste buds without much effort. To fuel up in the morning, head to Starbucks and Tim Hortons to grab your beverage of choice.

    There are a number of grocery stores within a short drive, including The Market by Longo's, Loblaw Companies Limited and Yonge Fresh Market.

    616 Avenue Road Condos is a great choice for residents who are money conscious — with banks like Desjardins and Desjardins Financial Security nearby.

    Having Glenn Gould Park and Amsterdam Square within 8 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Enhance your personal style while living in the Forest Hill South neighbourhood by visiting Delisle Court, St. Clair Centre and Canadian Outlet.

    Art and culture seekers can enjoy amazing attractions nearby like Mondex Corporation, Canadian Friends Of Israel Museum and Marcia Rafelman Fine Arts, less than 16 minutes walking distance from here. Regent Theatre is just a short drive away for movie nights.

    There are plenty of nearby school choices — The York School (Junior School Campus), Spectrum Alternative Senior School and Davisville Junior Public School — 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 The Study Academy Upper School, Spirit of Math North Toronto - Forest Hill and TVO ILC.

    Transportation

    Transit users aren’t far from a light transit stop at Avenue Rd At Lonsdale Rd South Side. St Clair isn’t within a close walking distance, but you can drive there in about 2 minutes.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 625 Avenue Road, 609 Avenue Road and 150 Heath Street W.

    2

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    Explore Neighbourhood

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    8/10
    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
    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

    616 Avenue Road Condos vs The Forest Hill South Area

    Days on Strata

    Units at 616 Avenue Road Condos spend an average of
    41
    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
    23.3
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 32 condos in the Forest Hill South area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    616 Avenue Road Condos offers the
    ?
    best value out of 32 condos in the Forest Hill South neighbourhood

    Appreciation Rank

    616 Avenue Road Condos has the
    ?
    highest ROI out of 32 condos in the Forest Hill South neighbourhood

    Rental Yield

    616 Avenue Road Condos yields the
    ?
    highest rent prices out of 32 condos in the Forest Hill South neighbourhood

    High Demand

    616 Avenue Road Condos is the
    ?
    most popular building out of 32 condos in the Forest Hill South neighbourhood

    Transaction Insights at 616 Avenue Road

    2 Bed3 Bed3 Bed + Den
    Price Range$1,200,000 - $1,277,000No Data$2,113,000
    Avg. Cost Per Sqft$876No Data$1,291
    Avg. Wait for Unit Availability747 Days796 Days278 Days
    Ratio of Units in Building57%27%18%

    Unit Sales vs Inventory

    Total number of units listed and sold in Forest Hill South