360 Ridelle Avenue
Building Details
Listing History for The Allenway
Amenities
Maintenance Fees
About 360 Ridelle Avenue — The 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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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At The Allenway
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
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Price Ranking
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Transaction Insights at 360 Ridelle Avenue
1 Bed | 2 Bed | 3 Bed | |
---|---|---|---|
Price Range | $457,000 - $500,000 | $595,087 - $625,000 | $645,000 - $715,000 |
Avg. Cost Per Sqft | $633 | $587 | $674 |
Price Range | $2,000 - $2,500 | $2,900 - $3,100 | $3,500 |
Avg. Wait for Unit Availability | 78 Days | 55 Days | 255 Days |
Avg. Wait for Unit Availability | 110 Days | 240 Days | 366 Days |
Ratio of Units in Building | 41% | 47% | 13% |
Unit Sales vs Inventory
Total number of units listed and sold in Briar Hill | Belgravia