Rosedale Ravine Residences
1Listing for Salefor Sale
0Listings for Rentfor Rent
388 Bloor St E
Rosedale Ravine Residences
388 Bloor St Eexpand addresses list
    1Listing for Salefor Sale
    0Listings for Rentfor Rent
    Walk Score
    95
    Transit Score
    90
    Bike Score
    73
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    Average
    Unit Availability
    low
    Property Type
    Condo
    Developer
    388 Bloor East Limited
    Condo Completion
    2001
    Property Management
    Crossbridge Condominium Services Ltd.
    Unit Size Range
    521 - 2000 SQFT
    Number of Units
    91
    Number of Storeys
    18

    388 Bloor St E, Toronto

    About this condo

    Condo Overview

    Nestled into the northeast corner of the downtown core, the condos at at 388 Bloor Street East overlook the lush natural landscapes of the Rosedale Ravine — as well as the not-so-lush but oh-so-convenient Sherbourne Subway Station. So when H&R Developments built these luxury condos in 2001, they aptly named them the Rosedale Ravine Residences.

    Attracting many prospective buyer seeking Toronto condos for sale, this 18-storey concrete structure at 388 Bloor East boasts many balconies, as well as a plethora of wide windows, taking advantage of its site’s exceptional exposure. Indeed, more often than not, the sun warmly illuminates E.I. Richmond Architects’ modern design.

    What’s more, the symmetrical arrangement of the building’s windows and balconies culminates in a charming arched entrance along bustling Bloor. Through this portal, the Rosedale Ravine Residences’ grand lobby — cared for by a 24-hour concierge — welcomes residents with sophistication and charm.

    Additionally, 388 Bloor East contains a good number of luxurious amenities. Residents can work out in a fully-equipped fitness centre, then relax in one of the building’s saunas. And when residents have friends and family visiting the city, the Rosedale Ravine condos' guest suites allow homeowners to act as the most gracious of hosts without giving up their own comfort.

    The Suites

    388 Bloor East is home to 91 downtown Toronto condos. The suites in the building range in size from approximately 600 to 2,200 square feet. Consisting of one bedroom, one plus den, two bedroom, and two plus den floor plans, as well as some with three bedrooms, the Rosedale Ravine condo suites are ready to suit the needs of a diverse group of buyers.

    Many suites also extend outdoors, onto private balconies. These private balconies, which are set along the building’s north and south faces, offer two distinct views — both captivating, but in different ways. Suites oriented towards the south face the city’s skyscrapers and the bustling life in the downtown core; conversely, those living in north facing suites enjoy taking in the thriving natural landscapes of the condos namesake ravine, as well as the Don Valley’s vast greenery .

    Finally, 388 Bloor East’s suites also boast a bright and airy atmosphere. This is in part thanks to open-concept kitchens, as well as hardwood flooring, and of course the many windows that in an abundance of natural light.

    The Neighbourhood

    Next door to an elegant brick heritage building designed by John Lyle, which was formerly home to a Dominion Bank (now TD), the Rosedale Ravine Residences evidently sits in a well established part of the city — Yonge and Bloor. As a result, there are many inexpensive eateries just steps away around the intersection of Sherbourne and Bloor East, although they likely don’t predate that old bank.

    Residents need only take a short walk west in order to do a little shopping. The Hudson Bay Centre on Bloor at Yonge is enormous and filled with affordable offerings, whereas west of that the shopping becomes much more upscale. Designer boutiques are concentrated around the Holt Renfrew between Bay Street and Mayfair Mews.

    Conversely, the shopping back in the neighbourhood, around Sherbourne, is much more practical. This includes an inexpensive No Frills, conveniently situated in the complex just across the street from the building.

    Transportation

    With Sherbourne Station only a few steps from the building, those living in 388 Bloor East can get around the city easily, even without a car. Trains from Sherbourne Station run along the east-west running Bloor-Danforth line, with the option to transfer onto the Yonge-University-Spadina line, which runs north and south through the city, at Bloor-Yonge.

    And even though the building is located in the downtown core, drivers living in the Rosedale Ravine Residences will quickly figure out how to navigate the traffic in the area. In front of their building, Bloor East opens up and becomes wider than it is in the west end of the city — meaning drivers can access the highway more quickly. Residents can head east on Bloor, where they will find an onramp for the Don Valley Parkway after they pass over the bridge, or right as Bloor becomes Danforth Avenue.

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    Amenities

    Visitor Parking
    Recreation Room
    BBQ
    Party/Meeting Room
    Games Room
    Underground Parking
    Gym
    Guest Suites
    Concierge
    Sauna

    Maintenance Fees Cover

    Maintenance fees include

    Water

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    Rosedale Ravine Residences vs The Yonge and Bloor Area

    $88.00
    Less Expensive
    per SQFT compared to the neighbourhood average
    Rosedale Ravine Residences's Avg
    price per SQFT
    $962
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $1,050
    / SQFT

    Building Trends At Rosedale Ravine Residences

    Days on Market

    Units at Rosedale Ravine Residences spend an average of
    23
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    6%
    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
    3.6
    YEARS before being sold again

    Property Value

    25%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 33 condos in the Yonge and Bloor area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Best Value

    Rosedale Ravine Residences offers the
    ?
    best value out of 33 condos in the Yonge and Bloor neighbourhood

    Return on Investment

    Rosedale Ravine Residences has the
    ?
    highest ROI out of 33 condos in the Yonge and Bloor neighbourhood

    Rental Yield

    Rosedale Ravine Residences yields the
    ?
    highest rent prices out of 33 condos in the Yonge and Bloor neighbourhood

    High Demand

    Rosedale Ravine Residences is the
    ?
    most popular building out of 33 condos in the Yonge and Bloor neighbourhood

    Sales vs Rental Values For This Condo

    1 Bed559 - 715 SQFT
    Average Cost Per Sqft$1,019
    Sales Price Range$538,000 - $538,000
    Rental Price Range$1,650 - $1,950
    1 Bed + Den788 - 788 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$2,700 - $2,700
    2 Bed1032 - 1090 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$2,200 - $2,700
    3 Bed1960 - 1960 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$4,950 - $4,950

    How Often Are Units Listed?

    1 Bed559 - 951 SQFT
    Average Sales Availability
    Every166Days
    Average Rental Availability
    Every126Days
    Ratio of Unit Type in Building38%
    1 Bed + Den788 - 870 SQFT
    Average Sales Availability
    Every359Days
    Average Rental Availability
    Every822Days
    Ratio of Unit Type in Building13%
    2 Bed888 - 1250 SQFT
    Average Sales Availability
    Every241Days
    Average Rental Availability
    Every299Days
    Ratio of Unit Type in Building38%
    2 Bed + Den1176 - 1530 SQFT
    Average Sales Availability
    Every1208Days
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building3%
    3 Bed1174 - 2000 SQFT
    Average Sales Availability
    Every350Days
    Average Rental Availability
    Every974Days
    Ratio of Unit Type in Building10%

    Maintenance Fees
    Rosedale Ravine Residences vs The Yonge and Bloor Area

    $0.49
    More Expensive
    per SQFT compared to the neighbourhood average
    Rosedale Ravine Residences's Avg
    monthly maintenance
    fee per SQFT
    $1.31
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.82
    / SQFT

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