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    For SaleRitz Towers Condos
    4.0
    $529,900
    2 Beds + 1
    2 Bath
    2 Parking
    1,165 SQFT
    12 Days on Strata
    Est Sell Timeframe
    10 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $1,265/mth
    Taxes:
    $2,347 (2024)
    Cost Per Sqft:
    $455/sqft
    Locker:
    None
    Outdoor Space:
    Enclosed/Solarium
    Exposure:
    East
    Possession Date:
    Tenant has provided 60 day notice
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Bedroom
    3 Piece Ensuite, His/Hers Closets
    14.9 x 10.99ft
    Bedroom
    Double Closet, Combined with Den
    12.3 x 9.42ft
    Kitchen
    Stainless Steel Appliances
    10.56 x 10.24ft

    About this Listing

    Spacious 2-bedroom + Den/Solarium with 2-bathrooms at the popular Ritz Tower! Enjoy the large kitchen upgraded with the latest stainless-steal appliances and an open living space that connects to the den overlooking private and peaceful parklands adjacent to Norton Place Lake . The primary suite with his-and-hers closets and its own 3-piece ensuite. The secondary bedroom with access to the 4-piece bathroom and direct connection to the den. This unit comes complete with 2-parking spaces so you never have to worry. The condo fees include all utilities and include access to a wide range of amenities such as indoor and outdoor pools, games room, tennis court, gym, and more. This is the perfect worry-free lifestyle space for the discerning buyer, in a central location, with nearby access to everything!

    exp realtyMLS® #W11980957


    Amenities

    Visitor Parking
    Outdoor Pool
    Security System
    Squash Court
    Rec Room
    Games Room

    Explore Neighbourhood

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    6/10
    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.

    Similar Listings

    Demographics

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

    Population
    8,702
    Average Individual Income
    $66,077
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $122,691
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    27%
    $60,000+
    16%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    62%
    Semi Detached
    18%
    Duplex
    11%
    Low Rise Apartment
    7%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    76%
    Punjabi
    10%
    Other
    8%
    Urdu
    2%
    Spanish
    1%
    Hindi
    1%
    Mandarin
    1%
    Cantonese
    1%
    Education
    High School
    29%
    University and Above
    25%
    College
    21%
    None
    15%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Humanities
    6%
    Physical Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Math & Computer Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    Ritz Towers Condos vs The Queen Street Corridor Area

    Days on Strata

    Units at Ritz Towers Condos spend an average of
    35
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Queen Street Corridor

    Turnover of Units

    On average, each unit is owned for
    10
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    14th
    Highest price per SQFT out of 23 condos in the Queen Street Corridor area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    Ritz Towers Condos offers the
    ?
    best value out of 23 condos in the Queen Street Corridor neighbourhood

    Appreciation Rank

    Ritz Towers Condos has the
    ?
    highest ROI out of 23 condos in the Queen Street Corridor neighbourhood

    Rental Yield

    Ritz Towers Condos yields the
    ?
    highest rent prices out of 23 condos in the Queen Street Corridor neighbourhood

    High Demand

    Ritz Towers Condos is the
    ?
    most popular building out of 23 condos in the Queen Street Corridor neighbourhood

    Transaction Insights at 8 Lisa Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo DataNo Data$427,000 - $480,000$500,000 - $530,000
    Avg. Cost Per SqftNo DataNo Data$375$475
    Avg. Wait for Unit Availability312 Days202 Days65 Days32 Days
    Ratio of Units in Building6%6%41%49%

    Transactions vs Inventory

    Total number of units listed and sold in Queen Street Corridor