25 Ritchie Ave PH510
Roncesvalles, Toronto, M6R 2J6
FOR SALE
$2,198,000
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Property Description
Rarely Does A Residence Of Such Great Importance Become Available In Toronto. Both A Family Home And Acclaimed Art Gallery, This Fully-Customized Penthouse, In Collaboration With Architect David Peterson, Offers Approximately 2000 Well-Appointed Interior Square Feet Distributed Over Two Inspiring Floors. The Home Has Been Featured As The Globe & Mail's Home Of The Week And Showcased In Dwell Magazine, Design Lines, Toronto Life And Cultured Magazine. Upon Entry, An Open Riser Staircase & Custom Bocci 14.1 Globe Chandelier, Created By Omer Arbel Himself Specifically For This Home, Instantly Greet You. Defined In Part By Its Open Walkways, The Upper Level Features A Bulthaup Kitchen Workshop With Top Of The Line Appliances & Adjacent Custom Millwork. The Living And Dining Rooms Feature A Subdued Modernist Palate Which Mesh Well With The Strategic Injection Of Color, Promoting The Perfect Environment For Social Circulation. The Entertaining Space Exudes Panoramic Serenity With Jaw Dropping City Views To The East & Tranquil, Sun-Drenched Garden Views To The West. Offering Over 1800 Exterior Square Feet, The Residence Seamlessly Integrates Into Its One-Of-A-Kind Terrace Oasis Which Lies Open To The Sky. Having Brought Artistry To The Exterior, The Terrace Includes A Professionally Landscaped Garden, Green Roof, Irrigation System, Infrared Sauna And Outdoor Kitchen. The Warm, Engaging Lower Level Features Three Private Bedrooms And A Spacious Library Which Includes A Full-Wall Of Custom Millwork And Is Appropriate For A Home Office, Studio Or Reading Area. The Indulgent Primary Bedroom Retreat Includes A Large Walk-In Closet And Modern, Three-Piece, Spa-Like En-Suite Bathroom. The Private, Guest Bedroom Includes A Custom Built-In Murphy Bed And Wardrobe System And Provides Easy Access To An Additional Large Balcony Which Overlooks The Buildings Communal Courtyard Which Was Envisioned By Architect David Peterson. The Lower Level Features An Additional Four-Piece Bathroom.
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Extras
World Class Location. Steps To Dining & Shops Of Roncesvalles Avenue & Stirling Road, Museum of Contemporary Art, Sorauren & High Parks, Easy Access To QEW, Martin Goodman Trail, Lake Ontario, Junction, Little Portugal, Parkdale & Transit.
Nearby Intersections
Property Features
Clear View, Hospital, Library, Place Of Worship, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Multi-Level
Approximate Sq.Ft.
1800-1999
Taxes
$6,674 (2024)
Basement
None
Exterior
Concrete, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
2
Parking 1
Owned (A13)
Parking 2
Owned (A13)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Main | 12.34' x 13.32' | Hardwood Floor, W/I Closet, 3 Pc Ensuite |
| 2nd Br | Main | 10.99' x 13.48' | Hardwood Floor, East View |
| 3rd Br | Main | 10.17' x 13.75' | Hardwood Floor, W/O To Balcony, Murphy Bed |
| Office | 2nd | 10.43' x 14.83' | Hardwood Floor, W/O To Balcony, B/I Bookcase |
| Living | Upper | 11.75' x 16.99' | Hardwood Floor, W/O To Terrace, East View |
| Dining | Upper | 13.42' x 16.99' | Hardwood Floor, W/O To Garden, West View |
| Kitchen | Upper | 9.91' x 19.91' | Hardwood Floor, B/I Appliances, Centre Island |
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Toronto Market Statistics
Toronto Price Trend
25 Ritchie Ave PH510 is a 3-bedroom 3-bathroom condo listed for sale at $2,198,000, which is $1,386,858 (171.0%) higher than the average sold price of $811,142 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 3 bedroom condo in Toronto declined by $63,103 (7.2%) compared to the previous 30 day period (November 18 - December 17) and down $145,992 (15.3%) from the same time one year ago.Inventory Change
There were 133 3-bedroom condos listed in Toronto over the last 30 days (December 18 - January 16), which is down 3.6% compared with the previous 30 day period (November 18 - December 17) and up 35.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Toronto typically sold ($27,806) (3.4%) below asking price over the last 30 days (December 18 - January 16), which represents a $2,644 decrease compared to the previous 30 day period (November 18 - December 17) and ($35,059) 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 3-bedroom condos in Toronto over the last 30 days (December 18 - January 16) stood at 45.9%, up from 41.3% over the previous 30 days (November 18 - December 17) and down from 56.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom condo in Toronto stood at 43 days when successfully sold over the last 30 days (December 18 - January 16), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Bibby Group Realty
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