Maintenance Fees
Ridelle Plaza vs The Forest Hill North Area
505 - 2 RIDELLE Ave
For SaleRidelle Plaza
68 Days on Strata
$399,900
1 Bed
1 Bath
1 Parking
500 - 599 SQFT
Listing History
2025 - Jan 22
for sale$399,900
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Unit Highlights
Property Type:
Condo
Maintenance Fees:
$582/mth
Taxes:
$1,681 (2024)
Cost Per Sqft:
$668 - $800/sqft
Locker:
Owned
Outdoor Space:
None
Exposure:
North
Possession Date:
To Be Determined
Laundry:
Coin Operated
About this Listing
This charming 1-bedroom, 1-bathroom condo in the highly sought-after Forest Hill North neighbourhood offers the perfect blend of comfort and convenience. Set on a peaceful, tree-lined street, the unit features a wonderful layout filled with natural light, thanks to large windows throughout the unit. Ideally located just steps away from a bus stop and perfectly set between Eglinton West and Glencairn subway stations, this condo is a commuters dream. Enjoy easy access to transit, shopping, and dining along Eglinton Avenue West, with Memorial Park nearby for nature lovers. This is a rare opportunity to live in an upscale, well-connected neighbourhood!
ExtrasDishwasher, Refrigerator, Stove
re/max niagara realty ltd, brokerageMLS® #C11937226
Features
Amenities
Security System
Rooftop Deck
Bike Storage
Maintenance Fees
Included
Heat
Water
Parking
Building Insurance
Excluded
Hydro
Air Conditioning
Utility Type
- Air Conditioning
- None
- Heat Source
- Gas
- Heating
- Radiant
Room Dimensions
Living
16.77 x 9.74ft
Dining
10.76 x 8.01ft
Kitchen
8.01 x 6.43ft
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore Forest Hill North
Commute Calculator
6/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
7/10
Transit
Transit's there for you, like a loyal golden retriever.
6/10
Bikeability
The bike lane starts to feel like a second home.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
10,052
Average Individual Income
$59,587
Average Household Size
3 persons
Average Age
44
Average Household Income
$103,773
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
48%
Semi Detached
32%
Low Rise Apartment
11%
Duplex
6%
Marital Status
Commute
Languages (Primary Language)
English
46%
Cantonese
23%
Mandarin
18%
Other
7%
Tamil
3%
Urdu
1%
Tagalog
1%
Punjabi
1%
Education
High School
29%
University and Above
27%
None
23%
College
14%
Apprenticeship
2%
University Below Batchelor
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
18%
Health & Related Fields
12%
Social Sciences
12%
Humanities
6%
Math & Computer Sciences
6%
Physical Sciences
5%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
3%
Agriculture & Natural Resources
1%
Building Trends At Ridelle Plaza
Days on Strata
Units at Ridelle Plaza spend an average of
35
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire list price
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Forest Hill North
Turnover of Units
On average, each unit is owned for
6.6
YEARS before being sold againProperty Value
3%
Increase in property value within the past twelve months
Price Ranking
N/A
Highest price per SQFT out of 9 condos in the Forest Hill North area
Sold Units
1
Units were Sold over the past twelve months
Rented Units
1
Units were Rented over the past twelve months
Best Value Rank
Ridelle Plaza offers the best value out of 9 condos in the Forest Hill North neighbourhood
?
Appreciation Rank
Ridelle Plaza has the highest ROI out of 9 condos in the Forest Hill North neighbourhood
?
Rental Yield
Ridelle Plaza yields the highest rent prices out of 9 condos in the Forest Hill North neighbourhood
?
High Demand
Ridelle Plaza is the most popular building out of 9 condos in the Forest Hill North neighbourhood
?
Market Insights
Transaction Insights at Ridelle Plaza
| Studio | 1 Bed | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | No Data | $429,000 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | $661 | No Data | No Data |
| Price Range | No Data | No Data | $2,950 | No Data |
| Avg. Wait for Unit Availability | No Data | 207 Days | 447 Days | 1680 Days |
| Avg. Wait for Unit Availability | No Data | 267 Days | 375 Days | No Data |
| Ratio of Units in Building | 6% | 62% | 31% | 3% |
Market Inventory
Total number of units listed and sold in Forest Hill North
