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    For SaleRichgrove Village Condos
    $675,000
    Price Increase: $599,000
    2 Beds
    2 Bath
    1 Parking
    1,000 - 1,199 SQFT
    11 Days on Strata
    Est Sell Timeframe
    20 Days

    Listing History

    Unit Highlights

    Property Type:
    Townhouse
    Maintenance Fees:
    $299/mth
    Taxes:
    $2,446 (2024)
    Cost Per Sqft:
    $563 - $675/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    January 15, 2025
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Great Rm
    Laminate, Open Concept, Walkout To Balcony
    18.83 x 15.22ft
    Kitchen
    Laminate, Open Concept, Combined with Dining
    11.88 x 9.78ft
    Dining
    Combined with Kitchen, Laminate, Open Concept
    11.88 x 9.78ft

    About this Listing

    (UPPER UNIT) Welcome to Terrace Homes by Minto Community, where contemporary design meets everyday convenience in this beautifully upgraded 2-bed, 2-bath terrace town home. Flooded with natural light from the crack of dawn until dusk, the open-concept layout showcases a stunning modern kitchen with stainless steel appliances, elegant counter tops, and ample storage, ideal for both family time and entertaining guests. Retreat to your master bedroom in the lap of comfort complete with a spacious walk-in closet. Step outside and unwind on your private balcony overlooking lush surroundings, perfect for your morning rituals and evening relaxation. Just steps parks, future LRT, TTC, and all essential amenities within few meters, the property is a catch! The residence includes a designated underground parking space. Easy access to the 401 and 427 highways makes commuting a breeze, while the nearby greenery offers a peaceful retreat. This home is design for both comfort & style! Won't Last Long!

    Extras$$$ SPENT! NEW PAINT! NEW POT LIGHTS! NEW APPLIANCES! NEW COUNTERTOPS!

    re/max realty specialists inc.MLS® #W11891387


    Amenities

    Bike Storage
    BBQs Allowed
    Indoor Parking
    Visitor Parking

    Explore Neighbourhood

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    7/10
    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
    12,490
    Average Individual Income
    $64,075
    Average Household Size
    0 persons
    Average Age
    49
    Average Household Income
    $103,164
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    2%
    20 - 34
    21%
    35 - 49
    17%
    50 - 64
    22%
    65+
    22%
    Household Income
    $0 - $30,000
    51%
    $30,000+
    23%
    $60,000+
    12%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    36%
    Semi Detached
    18%
    Duplex
    6%
    Low Rise Apartment
    1%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    73%
    Mandarin
    12%
    Cantonese
    10%
    Italian
    1%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Armenian
    1%
    Education
    University and Above
    36%
    High School
    25%
    None
    15%
    College
    14%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    17%
    Social Sciences
    12%
    Health & Related Fields
    11%
    Math & Computer Sciences
    7%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    5%
    Visual & Performing Arts
    4%
    Personal, Protective & Transportation Services
    3%

    Maintenance Fees

    Richgrove Village Condos vs The Willowridge | Martingrove | Richview Area

    Days on Strata

    Units at Richgrove Village Condos spend an average of
    16
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    8%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Willowridge | Martingrove | Richview

    Turnover of Units

    On average, each unit is owned for
    2.8
    YEARS before being sold again

    Property Value

    6%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 7 condos in the Willowridge | Martingrove | Richview area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Richgrove Village Condos offers the
    ?
    best value out of 7 condos in the Willowridge | Martingrove | Richview neighbourhood

    Appreciation Rank

    Richgrove Village Condos has the
    ?
    highest ROI out of 7 condos in the Willowridge | Martingrove | Richview neighbourhood

    Rental Yield

    Richgrove Village Condos yields the
    ?
    highest rent prices out of 7 condos in the Willowridge | Martingrove | Richview neighbourhood

    High Demand

    Richgrove Village Condos is the
    ?
    most popular building out of 7 condos in the Willowridge | Martingrove | Richview neighbourhood

    Transaction Insights at 5-35 Richgrove Drive

    2 Bed2 Bed + Den3 Bed
    Price Range$644,000 - $707,500$680,000No Data
    Avg. Cost Per Sqft$579$689No Data
    Avg. Wait for Unit Availability47 Days514 Days144 Days
    Ratio of Units in Building72%4%26%

    Transactions vs Inventory

    Total number of units listed and sold in Willowridge | Martingrove | Richview