2 RIDELLE Ave 505
Forest Hill North, North York, M6B 1H4
FOR SALE
$499,900
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Property Description
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!
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$3,592 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Parking Spaces
1
Parking 1
Owned
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.74' x 16.77' | |
| Dining | Main | 8.01' x 10.76' | |
| Kitchen | Main | 6.43' x 8.01' | |
| 2nd Br | Main | 10.99' x 10.99' |
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North York Market Statistics
North York Price Trend
2 RIDELLE Ave 505 is a 1-bedroom 1-bathroom condo listed for sale at $499,900, which is $69,336 (12.2%) lower than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in North York declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in North York over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in North York typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in North York over the last 30 days (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in North York stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Niagara Realty Ltd.
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