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    25 Ritchie Avenue

    Roncesvalles Lofts
    1for Sale
    0for Rent

    Building Details

    Property Type:
    Soft Loft
    Number of Storeys:
    6
    Number of Units:
    56
    Condo Completion:
    2011
    Condo Demand:
    High
    Unit Size Range:
    450 - 2,100 SQFT
    Unit Availability:
    Low

    Listing History for Roncesvalles Lofts

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    Amenities

    Security System
    Rooftop Deck
    Visitor Parking
    Bike Storage
    Party Room
    BBQs Allowed

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 25 Ritchie AvenueRoncesvalles Lofts

    Prospective buyers interested in living in the Roncesvalles Lofts must love yellow. Or, at the very least, they can’t be one of those people who hates the colour. And while residents need not be as unique as the yellow and grey minimalist façade, the style simply isn’t for everyone. Thankfully, though, the soft loft building at 25 Ritchie Avenue stands out without standing out too much.

    The overall design may point to the fact that the developers and architects wanted to pay homage to the industrial vibe, however residents who call the Roncesvalles Lofts home also have the opportunity to zen out. The u-shaped building features a courtyard in the centre, ideal for when residents want a break from the industrial atmosphere of the surrounding neighbourhood.

    The Toronto lofts at 25 Ritchie were constructed in 2011 by Triumph Developments, and with David Paterson in charge of the architectural designs.

    The building boasts just the right amount of amenities: the short but thoughtful list provides comfort and convenience to residents, but also allows them to feel no guilt about spending lots of time out exploring the city. A rock garden and pond can be found in the courtyard, plus homeowners also have access to a party room, shared barbecues, visitor parking, and a meeting room.

    The Suites

    Toronto condos for sale at 25 Ritchie range just enough in size for a variety of buyers to take interest in the building. The homes start at around 450 square feet, perfect for a first-time buyer or a young professional who doesn’t want to blow the bank. Alternatively, those looking for a place in which they can raise a family are also in luck, with the largest units in the building reaching to approximately 2,100 square feet.

    Nevertheless, throughout the 6 storeys only 56 units can be found, making for an intimate atmosphere at the Roncesvalles Lofts. One or two bedroom units are spread out over one or two levels each, and many have balconies facing inward: toward a private courtyard rather than overlooking busy streets.

    All of the homes at 25 Ritchie are especially bright, thanks to floor-to-ceiling windows and open concept layouts that allow natural light to flow freely. And for a splash of luxury, kitchens are outfitted with stainless steel appliances and granite countertops.

    The Neighbourhood

    The Roncesvalles Lofts are, fittingly, located just around the corner from where Roncesvalles Avenue meets Dundas Street West, in the Roncesvalles neighbourhood. Thanks to this locale, residents are steps from the independent shops and trendy bars that have recently been popping up along Bloor West.

    Art lovers will also be delighted with the contemporary galleries found tucked away on nearby side streets — these are some of the most innovative in the city. Scrap Metal Gallery, Olga Korper, Gallery TPW, and the likes are also all found within industrial, loft spaces, with the architecture almost competing with the art.

    Those heading out to spend a day in the Roncesvalles area might want to bring a picnic blanket when the weather is warm: High Park, Toronto’s largest green space, is just a short walk away. But for those not planning to spend a day in the outdoors, not to worry either, the Revue cinema is a great spot to watch a film. This theatre shows not only Hollywood hits, but also independent and niche films.

    In terms of groceries, residents are also well positioned. The expansive Loblaws at Roncesvalles and Bloor West will take all of about 6 minutes to reach on foot. Also next door to Loblaws is an LCBO — the perfect duo to complete one’s shopping before spending a night in.

    Transportation

    Traveling to and from 25 Ritchie is a breeze, thanks to its close proximity to Dundas West Station. Residents without cars can use this station to access subway trains that run east and west along the Bloor-Danforth line. And for more immediate transportation within the area, Roncesvalles is even equipped with its own streetcar service.

    Alternatively, just a short walk away from Dundas West Station is Bloor Station. Those traveling out of town can reach the UP Express that heads toward Pearson International Airport, or GO trains to neighbouring cities and towns.

    Drivers are also in luck. One of the perks of living in west end Toronto is the lack of gridlocks so common in the downtown core. Car owners living at the Roncesvalles Lofts can head west along Bloor to reach the 427, while a quick trip south offers drivers access to the Gardiner Expressway, from which one can visit the city centre in no time.

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    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar lofts

    Demographics

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

    Population
    7,582
    Average Individual Income
    $63,431
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $101,322
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    20%
    50 - 64
    19%
    65+
    17%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    25%
    $60,000+
    15%
    $90,000+
    8%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    54%
    Detached
    24%
    Semi Detached
    13%
    Low Rise Apartment
    5%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    79%
    Mandarin
    8%
    Cantonese
    6%
    Arabic
    2%
    Tagalog
    2%
    Telugu
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    45%
    High School
    21%
    College
    15%
    None
    12%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Architecture & Engineering
    22%
    Business Management
    21%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    10%
    Humanities
    6%
    Physical Sciences
    5%
    Visual & Performing Arts
    4%
    Education
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    Roncesvalles Lofts vs The Roncesvalles Area

    Days on Strata

    Units at Roncesvalles Lofts spend an average of
    13
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    23%
    above
    the list price.

    Offer Competition

    Lofts in this building have a
    HIGH
    chance of receiving
    Multiple Offers
    compared to other buildings in Roncesvalles

    Turnover of Units

    On average, each unit is owned for
    4.8
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 18 condos in the Roncesvalles area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Roncesvalles Lofts offers the
    ?
    best value out of 18 condos in the Roncesvalles neighbourhood

    Appreciation Rank

    Roncesvalles Lofts has the
    ?
    highest ROI out of 18 condos in the Roncesvalles neighbourhood

    Rental Yield

    Roncesvalles Lofts yields the
    ?
    highest rent prices out of 18 condos in the Roncesvalles neighbourhood

    High Demand

    Roncesvalles Lofts is the
    ?
    most popular building out of 18 condos in the Roncesvalles neighbourhood

    Transaction Insights at 25 Ritchie Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$610,000No DataNo DataNo Data$1,228,000No Data
    Avg. Cost Per SqftNo Data$964No DataNo DataNo Data$768No Data
    Avg. Wait for Unit AvailabilityNo Data143 Days368 Days364 Days596 Days1275 DaysNo Data
    Ratio of Units in Building3%52%9%25%11%3%3%

    Unit Sales vs Inventory

    Total number of units listed and sold in Roncesvalles