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    The Allenway
    2for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    22
    Number of Units:
    354
    Condo Completion:
    1975
    Condo Demand:
    High
    Unit Size Range:
    549 - 1,399 SQFT
    Unit Availability:
    Medium

    Listing History for The Allenway

    Receive listing updates for Briar Hill | Belgravia

    Amenities

    Indoor Pool
    Party Room
    Security System
    Visitor Parking
    Gym Room
    Sauna

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 360 Ridelle AvenueThe Allenway

    Remember that whole thing about not judging a book by its cover? Now would be a good time to keep that in mind. Rising to 22 storeys of bland brick at 360 Ridelle Ave, and featuring that same old condo design you’ve seen time and time again — The Allenway won’t be winning a beauty pageants. But if you think that means this building deserves to be passed over, think again.

    Modern glass towers tend to attract most of the attention from prospective buyers, but older building such as The Allenway are where you’ll get the best value. Built in 1975 — when Earth, Wind & Fire were tearing up the billboards charts — this building shows it age on the outside, but inside you’ll find a clean property that’s been well kept over the years.

    Along with your affordable and spacious suite, you gain access to a reasonable offering of relaxing amenities — gym, pool, sauna, security guard, and parking garage. Whether you’re a first time home buyer or part of a growing family, these condos are a great opportunity for a future return on investment.

    The Suites

    The Allenway is home to 354 units, available in 1 bedroom, 2 bedroom, and 3 bedroom layouts; suite sizes range from 572 square feet to 1064. What you’ll find within these units will vary greatly depending on past renovations, and It’s possible that some units are in need of an overhaul — and if you read that and immediately thought ‘investment opportunity’, you’re absolutely correct.

    Toronto condos for sale here are well below the average price per square foot of those found downtown — if you want a spacious 1 bedroom for less than 400k, you can find that here. Most units have hardwood, floors, updated kitchens, open concept layouts, large bedrooms with lots of storage, and private balconies.

    While it’s true that this building will appeal to a wide demographic, families are likely to find the best deal here; you won’t feel like you’re in close quarters with a 1064 square foot 3 bedroom unit, and children are sure to appreciate the buildings’ swimming pool and nearby playgrounds and sports facilities at Viewmount Park.

    The Neighbourhood

    Briar Hill & Belgravia is located in the York Crosstown area, and offers a quiet community with convenient access to dining, shopping and transit lines. And while it isn’t the most exciting neighbourhood in the GTA, there’s still plenty to do in the area.

    For dining out, residents have fast food chains on Dufferin like McDonald’s and Tim Hortons, plus several unique restaurants serving international cuisine like Esto es Colombia and Taste of Shawarma. On Eglinton, you’ll encounter Caribbean eateries like Randy's Take-Out, there are vegetarian options such as Celebrity Pure Vegetarian, and a few spots to grab food on the run.

    Shoppers have some choices in the neighbourhood — nothing to rival Yorkville or Queen West, but choices nonetheless — for clothing, technology, cosmetic supplies, jewellery, musical instruments, and more. Additionally, there’s a large commercial area to the north of Lawrence Avenue W.

    Nightlife options are somewhat limited in the neighbourhood — there are pubs like Janes Bar & Grill, Second Beer Bar & Restaurant, and Cascais Sports Bar & Grill, but little else. Those who enjoy outdoor recreation might find the area more appealing; residents have athletic clubs and facilities throughout the neighbourhood, there’s Sgt Splatters Paintball, hockey rinks, tennis courts, and York Beltline Trail for a scenic stroll.

    Transportation

    360 Ridelle Ave has a 78 Walk Score — most residents will be able to run errands without a vehicle or public transit. There are 2 grocery stores nearby, making it that much easier to get things done on foot.

    Those who rely on public transit have several bus routes in the area and stops close-by on Marlee Ave and Eglinton. For longer trips, Eglinton West Station is only a 15 minute walk for the Yonge-University subway line.

    Drivers can avoid most city traffic by heading north on Allen Road for the 401, making it easy to commute no matter what direction you’re headed.

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    Explore Briar Hill | Belgravia

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar condos

    Demographics

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

    Population
    14,584
    Average Individual Income
    $58,475
    Average Household Size
    2 persons
    Average Age
    46
    Average Household Income
    $89,247
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    33%
    35 - 49
    20%
    50 - 64
    16%
    65+
    15%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    25%
    $60,000+
    16%
    $90,000+
    8%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    69%
    Detached
    18%
    Semi Detached
    5%
    Low Rise Apartment
    4%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    50%
    Mandarin
    17%
    Other
    14%
    Cantonese
    13%
    Tamil
    3%
    Telugu
    1%
    Tagalog
    1%
    Hindi
    1%
    Education
    University and Above
    42%
    High School
    22%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Math & Computer Sciences
    11%
    Social Sciences
    10%
    Humanities
    5%
    Physical Sciences
    4%
    Education
    3%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%

    Maintenance Fees

    The Allenway vs The Briar Hill | Belgravia Area

    Days on Strata

    Units at The Allenway spend an average of
    16
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Briar Hill | Belgravia

    Turnover of Units

    On average, each unit is owned for
    21
    YEARS before being sold again

    Property Value

    10%
    Increase in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 11 condos in the Briar Hill | Belgravia area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    10
    Units were Rented over the past twelve months

    Best Value Rank

    The Allenway offers the
    ?
    best value out of 11 condos in the Briar Hill | Belgravia neighbourhood

    Appreciation Rank

    The Allenway has the
    ?
    highest ROI out of 11 condos in the Briar Hill | Belgravia neighbourhood

    Rental Yield

    The Allenway yields the
    ?
    highest rent prices out of 11 condos in the Briar Hill | Belgravia neighbourhood

    High Demand

    The Allenway is the
    ?
    most popular building out of 11 condos in the Briar Hill | Belgravia neighbourhood

    Transaction Insights at 360 Ridelle Avenue

    1 Bed2 Bed3 Bed
    Price Range$457,000 - $500,000$595,087 - $625,000$645,000 - $715,000
    Avg. Cost Per Sqft$633$587$674
    Avg. Wait for Unit Availability78 Days55 Days255 Days
    Ratio of Units in Building41%47%13%

    Unit Sales vs Inventory

    Total number of units listed and sold in Briar Hill | Belgravia