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    The Gibraltar II Condos
    2for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    15
    Number of Units:
    197
    Condo Completion:
    1995
    Condo Demand:
    Low
    Unit Size Range:
    749 - 1,844 SQFT
    Unit Availability:
    Medium

    Listing History for The Gibraltar II Condos

    Receive listing updates for Observatory | Harding

    Amenities

    Gym Room
    Concierge
    Indoor Pool
    Tennis Court
    Rec Room
    Guest Suites

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Excluded
    Air Conditioning

    About 32 Clarissa DriveThe Gibraltar II Condos

    Anyone who’s seeking a Richmond Hill condo for sale should consider The Gibraltar II Condos at 32 Clarissa Drive. Tridel completed this building back in 1995, but unlike other buildings of that age, maintenance fees are higher than average at $0.81 per-square-foot. The 15-storey building is home to 197 suites with units ranging between 749 and 1844 square feet.

    This condo has a low demand ranking per Strata.ca analytics and a Walk Score of 81. Maintenance fees are $0.81 per-square-foot, which is higher than the neighbourhood average of $0.77 per-square-foot.

    The Suites

    We’ve aggregated a number of stats at 32 Clarissa Drive. Here are some highlights: In the past 12 months, 10 units have sold, and 5 have been rented. Meanwhile, property values here have increased by 4.78%.

    Units at The Gibraltar II Condos have a low likelihood of receiving more than one offer, and on average they sell for -2.67% below the listed price. Suites here have an average cost per-square-foot of $562 based on sales over the past 12 months, and the median time a unit spends on the market is 42 days.

    The Neighbourhood

    Living here means you’re just a 5-minute walk from COTOLET, Little Saigon and Haze Restaurant + Lounge - Yonge St Richmond Hill, making it easy to dazzle your taste buds without much effort. Need caffeine to open your eyes in the morning? No worries, Teaopia, McDonald's and Bake Code have you covered...

    Grocery shopping is never a chore with stores such as Bismillah Grocers in the area.

    The Gibraltar II Condos is a great choice for residents who are money conscious — with banks like National Bank and CIBC Branch with ATM nearby.

    There are plenty of parks nearby to keep your family busy, including Bridgeview Cordone Park, Bridgeview Park and Baif Park, which are less than 16 minutes away by foot.

    Those who love to shop will appreciate all the options nearby with Richmond Centre, Observatory Place Plaza and South Hill Shopping Centre just 2 minutes from here.

    When the weekend rolls around, Baadeh art shop, Ray's Picture Frames and Art Centre Inc. and SatisfiedNerve are within a short 4-minute drive away.

    There are plenty of nearby school choices — Discovery Academy Private School and St. Anne Catholic Elementary School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Richmond Hill Academy, Farvadin Tutoring | Math, Literacy, Special Education and Alexander Mackenzie High School.

    Transportation

    Transit users will need to trek a bit to Yonge St / Weldrick Rd, the nearest light transit stop. Finch Station isn’t within a close walking distance, but you can drive there in about 26 minutes.

    Curious about similar condos in the area? Check out 22 Clarissa Drive, 9600 Yonge Street and 9618 Yonge Street — all within walking distance.

    Reviews for The Gibraltar II Condos

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    2

    Listings For Sale

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    Listings For Rent

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    Explore Observatory | Harding

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    Demographics

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

    Population
    7,473
    Average Individual Income
    $83,167
    Average Household Size
    3 persons
    Average Age
    47
    Average Household Income
    $143,068
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    18%
    35 - 49
    18%
    50 - 64
    26%
    65+
    19%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    21%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    77%
    Semi Detached
    15%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    81%
    Cantonese
    7%
    Mandarin
    6%
    Other
    6%
    Education
    High School
    28%
    University and Above
    26%
    College
    20%
    None
    16%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Architecture & Engineering
    19%
    Business Management
    18%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Personal, Protective & Transportation Services
    8%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Education
    5%
    Physical Sciences
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    The Gibraltar II Condos vs The Observatory | Harding Area

    Days on Strata

    Units at The Gibraltar II Condos spend an average of
    42
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Observatory | Harding

    Turnover of Units

    On average, each unit is owned for
    9.2
    YEARS before being sold again

    Property Value

    5%
    Increase in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 13 condos in the Observatory | Harding area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    The Gibraltar II Condos offers the
    ?
    best value out of 13 condos in the Observatory | Harding neighbourhood

    Appreciation Rank

    The Gibraltar II Condos has the
    ?
    highest ROI out of 13 condos in the Observatory | Harding neighbourhood

    Rental Yield

    The Gibraltar II Condos yields the
    ?
    highest rent prices out of 13 condos in the Observatory | Harding neighbourhood

    High Demand

    The Gibraltar II Condos is the
    ?
    most popular building out of 13 condos in the Observatory | Harding neighbourhood

    Transaction Insights at 32 Clarissa Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$549,000$578,000$615,000 - $842,000$663,000 - $1,020,000
    Avg. Cost Per Sqft$599$649$656$636
    Avg. Wait for Unit AvailabilityNo Data241 Days76 Days110 Days
    Ratio of Units in Building4%14%51%33%

    Unit Sales vs Inventory

    Total number of units listed and sold in Observatory | Harding