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    Richgrove Village Condos

    5-35 Richgrove Drive

    3for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    88
    Condo Completion:
    2011
    Condo Demand:
    High
    Unit Size Range:
    949 - 1,499 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Richgrove Village Condos

    Amenities

    Indoor Parking
    Bike Storage
    Visitor Parking
    BBQ

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 5-35 Richgrove DriveRichgrove Village Condos

    Richgrove Village Condos is a Toronto condo located at 5-35 Richgrove Drive in the Richview neighbourhood. The condo was completed in 2011 and features 88 units over 2 storeys. Toronto condo for sale here range from 949 square feet, up to 1499 square feet.

    The Suites

    We’ve aggregated a number of stats at 5-35 Richgrove Drive. Here are some highlights: In the past 12 months, 5 units have sold, and 4 have been rented. Meanwhile, property values here have decreased by 5.98%.

    Units at Richgrove Village Condos have a low likelihood of receiving more than one offer, and on average they sell for -1.15% below the listed price. Suites here have an average cost per-square-foot of $603 based on sales over the past 12 months, and the median time a unit spends on the market is 12 days.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Subway, Pizza Nova and Bento Sushi are all within 16 minutes walking distance from 5-35 Richgrove Drive. In the mornings, become a regular at Tim Hortons, a quick 5-minute walk from Richgrove Village Condos.

    There are a number of grocery stores within a short drive, including Food Basics.

    Planning for your future is easy with RBC Royal Bank and BMO Bank of Montreal in the area.

    Getting some fresh air is a breeze when you live at 5-35 Richgrove Drive because excellent green spaces like Richview Park, Stonehouse Park and Clement Road Parkette are walkable in under 14 minutes.

    Those who love to shop will appreciate all the options nearby with Westway Centre just 5 minutes from here.

    There are plenty of nearby school choices — Princess Margaret Junior School, Parkfield Junior Public School and Briarcrest Junior School — with more in neighbouring areas so you can find the best school for your child’s needs. Families with older children will be happy to know that Martingrove Collegiate Institute, Central Etobicoke High School and Kipling Collegiate Institute can be reached by car in under 2 minutes.

    Transportation

    Residents have transit options in the Richview neighbourhood; A light transit stop at Richgrove Dr At Martin Grove Rd can carry you to your destination in no time at all. Islington isn’t within a close walking distance, but you can drive there in about 13 minutes.

    3

    Listings For Sale

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    0

    Listings For Rent

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    Nearby Amenities

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    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
    12,490
    Average Individual Income
    $64,075
    Average Household Size
    0 persons
    Average Age
    49
    Average Household Income
    $103,164
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    36%
    Semi Detached
    18%
    Duplex
    6%
    Low Rise Apartment
    1%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    73%
    Mandarin
    12%
    Cantonese
    10%
    Italian
    1%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Armenian
    1%
    Education
    University and Above
    36%
    High School
    25%
    None
    15%
    College
    14%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    17%
    Social Sciences
    12%
    Health & Related Fields
    11%
    Math & Computer Sciences
    7%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    5%
    Visual & Performing Arts
    4%
    Personal, Protective & Transportation Services
    3%

    Price Trends

    Days on Strata

    Units at Richgrove Village Condos spend an average of
    12
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    2.8
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 9 condos in the Richview area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Richgrove Village Condos offers the
    ?
    best value out of 9 condos in the Richview neighbourhood

    Appreciation Rank

    Richgrove Village Condos has the
    ?
    highest ROI out of 9 condos in the Richview neighbourhood

    Rental Yield

    Richgrove Village Condos yields the
    ?
    highest rent prices out of 9 condos in the Richview neighbourhood

    High Demand

    Richgrove Village Condos is the
    ?
    most popular building out of 9 condos in the Richview neighbourhood

    Transaction Insights at 5-35 Richgrove Drive

    2 Bed2 Bed + Den3 Bed
    Price Range$670,000 - $710,000No Data$765,000 - $785,000
    Avg. Cost Per Sqft$632No Data$568
    Avg. Wait for Unit Availability45 Days213 Days132 Days
    Ratio of Units in Building67%8%26%

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