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    602 - 616 Avenue Rd

    For Sale616 Avenue Road Condos
    $1,849,000
    2 Beds
    2 Bath
    2 Parking
    1,500 SQFT
    14 Days on Strata
    Est Sell Timeframe
    11 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,408/mth
    Taxes:
    $5,124 (2024)
    Cost Per Sqft:
    $1,233/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    East West
    Possession Date:
    Immediately
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Fan Coil

    Room Dimensions

    Living
    California Shutters, Hardwood Floor, Walkout To Balcony
    24.31 x 13.45ft
    Dining
    Combined with Living, California Shutters, Hardwood Floor
    13.65 x 10.07ft
    Kitchen
    Built-in Appliances, California Shutters, Breakfast Bar
    10.6 x 13.81ft

    About this Listing

    Welcome to this stunning, fully renovated 2-bedroom condo in a charming boutique building. Combining modern elegance with thoughtful design, this exquisite residence features a spacious, sunlit living area enhanced by sleek pot lights. The gourmet kitchen is a chef's dream, showcasing custom cabinetry, beautiful countertops, and top-of-the-line Miele appliances. Both generously sized bedrooms offer large windows and custom closet systems, ensuring ample storage. The bathrooms have been transformed into spa-like retreats with high-end fixtures and contemporary vanities. Located in a prime area, you'll enjoy easy access to vibrant local shops, dining, and entertainment. Experience luxury living with boutique charm in this exceptional condo. Don't miss the chance to make it your new home. Bring your fussiest buyer they won't be disappointed!

    sutton group-admiral realty inc.MLS® #C10414865


    Amenities

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

    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 Listings

    Demographics

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

    Population
    6,579
    Average Individual Income
    $61,605
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $101,954
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    33%
    35 - 49
    20%
    50 - 64
    17%
    65+
    14%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    25%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    55%
    Detached
    27%
    Low Rise Apartment
    9%
    Semi Detached
    4%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    8%
    Telugu
    2%
    Tagalog
    2%
    Arabic
    1%
    Hindi
    1%
    Korean
    1%
    Education
    University and Above
    46%
    High School
    20%
    College
    15%
    None
    11%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    17%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    10%
    Humanities
    6%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    616 Avenue Road Condos vs The Casa Loma Area

    Days on Strata

    Units at 616 Avenue Road Condos spend an average of
    9
    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 Casa Loma

    Turnover of Units

    On average, each unit is owned for
    23.3
    YEARS before being sold again

    Property Value

    25%
    Increase in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 40 condos in the Casa Loma 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

    616 Avenue Road Condos offers the
    ?
    best value out of 40 condos in the Casa Loma neighbourhood

    Appreciation Rank

    616 Avenue Road Condos has the
    ?
    highest ROI out of 40 condos in the Casa Loma neighbourhood

    Rental Yield

    616 Avenue Road Condos yields the
    ?
    highest rent prices out of 40 condos in the Casa Loma neighbourhood

    High Demand

    616 Avenue Road Condos is the
    ?
    most popular building out of 40 condos in the Casa Loma neighbourhood

    Transaction Insights at 616 Avenue Road

    2 Bed3 Bed3 Bed + Den
    Price Range$1,277,000No Data$2,113,000
    Avg. Cost Per Sqft$920No Data$1,291
    Avg. Wait for Unit Availability747 Days796 Days278 Days
    Ratio of Units in Building57%27%18%

    Transactions vs Inventory

    Total number of units listed and sold in Casa Loma