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    River Ridge

    1 Hickory Tree Road & 3 Hickory Tree Road

    3for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    19
    Number of Units:
    413
    Condo Completion:
    1991
    Condo Demand:
    Medium
    Unit Size Range:
    643 - 2,000 SQFT
    Unit Availability:
    Medium
    Property Management:
    No Data

    Listing History for River Ridge

    Amenities

    Indoor Pool
    Concierge
    Visitor Parking
    Sauna
    Car Wash
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1 Hickory Tree RoadRiver Ridge

    Are condo prices keeping you up at night? Does your quest to find affordable Toronto condos for sale have you feeling like Frodo carrying the Ring of Power to Mordor? If so, we’d like to introduce you to a 19 storey condo in the Weston neighbourhood — and the best part of all is that you won’t need a fellowship to afford it.

    Located at 1-3 Hickory Tree Road in the York Crosstown area, River Ridge is ideal for buyers who value space, affordability, and access to nature, above all else. When it comes to urban convenience, this location can’t hold a candle to trendy downtown neighbourhoods, but with the intersections of Weston Road and Lawrence just minutes away, residents have plenty to keep them fed and occupied in the neighbourhood.

    River Ridge has some nice extras to go with its large units at affordable prices — indoor pool, gym, sauna, jacuzzi, tennis court, games room, billiards room, security guard, and parking garage. As well, those with west facing units have views of Weston Lions Park and the Humber River.

    The Suites

    With 413 suites in a variety of layouts and exposures, buyers have a lot of choice at River Ridge; unit sizes range from 665 square feet for a 1 bedroom unit to 2186 for a sprawling penthouse suite. Prices here are among the lowest in the York Crosstown area, and its entirely possible to find 2 bedrooms units for less than $400K.

    If you think affordable prices mean undesirable finishes, think again. Most units have hardwood floors, updated kitchens with stainless steel appliances, large bay windows, and spacious bedrooms. Given that this building was built in 1991, some units might need updating — but putting your own personal touch one on of these units could yield a nice return in the future.

    As a condo owner at River Ridge, you have immediate access to nature just outside your front door; The Humber River Recreational Trail runs Weston Lion Park, where you’ll find scenic riverside trails connecting to parks and a wealth of recreation activities.

    The Neighbourhood

    Chances are that if you’re a young professional you’ve got your eyes on neighbourhoods like King West, Liberty Village, or the Bay St. Corridor — but for those who don’t mind being outside of the city center, Weston has a lot to offer.

    For some, mornings are a trying time, and mornings without a freshly brewed coffee are all but impossible; ­ if you’re one of those people, have no fear, because you have options here — Perfect Blend Bakery, Weston Village Café, and God Bless Canada are just a short walk north on Weston, and Tim Hortons and Mena Cafe & Restaurant are east on Lawrence.

    From your home at 1-3 Hickory Tree Rd, you’re just minutes from great cozy eateries — there’s Lutong Pinoy Restaurant for Filipino cuisine, Made's Kitchen for a diverse menu, Ali Baba's Middle Eastern Cuisine, Milan Pizzeria & Wings, and Wiff Restaurant. You’ll also find well known chains like Popeye's Chicken, Pizza Pizza, Wendy’s and Subway.

    Entertainment options tend to be recreation focused; there’s Weston Lions Arena for skating, baseball, soccer, and swimming at Weston Lions Park. If you live to shop, you may be disappointed by options within your neighbourhood, but you can go east on Lawrence and north on Dufferin for Yorkdale Shopping Centre — home to high-end boutiques for the latest in fashion and technology.

    Transportation

    Boasting an 85 Walk Score — this building provides residents with a pedestrian friendly location; for groceries and the essentials, Greenland Farm Supermarket, Leonetti's No Frills, Starfish Caribbean Ltd, Jam's Convenience & Variety, and Shoppers Drug Mart, are all nearby.

    Public transit users have north and southbound buses on Weston, east and westbound buses on Lawrence Ave W, and Weston Station is in the neighbourhood for GO Transit.

    Car owners have a commute friendly location — heading north on Weston will have you on the 401 is less than 10 minutes.

    3

    Listings For Sale

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    0

    Listings For Rent

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    Nearby Amenities

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Demographics

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

    Population
    34,560
    Average Individual Income
    $63,738
    Average Household Size
    3 persons
    Average Age
    53
    Average Household Income
    $104,586
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    37%
    Detached
    30%
    Semi Detached
    22%
    Low Rise Apartment
    4%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    68%
    Mandarin
    13%
    Cantonese
    12%
    Tamil
    3%
    Arabic
    1%
    Spanish
    1%
    Tagalog
    1%
    Korean
    1%
    Education
    University and Above
    40%
    High School
    23%
    College
    16%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Days on Strata

    Units at River Ridge spend an average of
    25
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    4.2
    YEARS before being sold again

    Property Value

    -13%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 13 condos in the Weston area

    Sold Units

    19
    Units were Sold over the past twelve months

    Rented Units

    10
    Units were Rented over the past twelve months

    Best Value Rank

    River Ridge offers the
    ?
    best value out of 13 condos in the Weston neighbourhood

    Appreciation Rank

    River Ridge has the
    ?
    highest ROI out of 13 condos in the Weston neighbourhood

    Rental Yield

    River Ridge yields the
    ?
    highest rent prices out of 13 condos in the Weston neighbourhood

    High Demand

    River Ridge is the
    ?
    most popular building out of 13 condos in the Weston neighbourhood

    Transaction Insights at 1 Hickory Tree Road

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$465,000 - $475,000$495,000 - $504,000$555,000 - $577,500$535,000 - $600,000No DataNo Data
    Avg. Cost Per Sqft$687$669$541$503No DataNo Data
    Avg. Wait for Unit Availability132 Days43 Days86 Days38 DaysNo DataNo Data
    Ratio of Units in Building18%28%20%33%2%1%

    Maintenance Fees

    River Ridge vs The Weston Area

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