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    Toronto / York Crosstown / Weston

    401 - 3 Hickory Tree Rd

    For SaleRiver Ridge
    $569,900
    2 Beds + 1
    2 Bath
    1 Parking
    1,000 - 1,199 SQFT
    2 Days on Strata
    Est Sell Timeframe
    21 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $980/mth
    Taxes:
    $1,402 (2024)
    Cost Per Sqft:
    $475 - $570/sqft
    Locker:
    Exclusive
    Outdoor Space:
    None
    Exposure:
    South
    Possession Date:
    Flexible
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Prim Bdrm
    4 Piece Ensuite
    10.24 x 13.78ft
    2nd Bedroom
    10.99 x 11.09ft
    Den
    9.78 x 5.25ft

    About this Listing

    Introducing the River Ridge Condo, ideally situated just steps from the scenic Humber River and Weston train station. This spacious 2-bedroom, 2-bathroom residence features a bright, versatile den perfect for a home office or relaxation space. Spanning over 1,000 square feet, this home offers generous living areas and a vibrant community atmosphere, complemented by an array of exceptional amenities. This unit is perfect for first time buyers and those looking to downsize! Enjoy access to a gym, indoor pool, sauna, billiards room, tennis courts, guest suites, a party room, and much more! With Weston Station just a 5-minute walk away, youll have seamless connections to GO Transit and the UP Express. Plus, convenient access to the 401, 427, 400, and Gardiner highways makes commuting a breeze. Best of all, your condo fees cover all utilities!

    re/max realty services inc.MLS® #W9513518

    Amenities

    Car Wash
    Indoor Parking
    Games Room
    Concierge
    Gym Room
    Party Room

    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

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

    Population
    34,560
    Average Individual Income
    $63,738
    Average Household Size
    3 persons
    Average Age
    53
    Average Household Income
    $104,586
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    24%
    35 - 49
    19%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    24%
    $60,000+
    14%
    $90,000+
    8%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    37%
    Detached
    30%
    Semi Detached
    22%
    Low Rise Apartment
    4%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    68%
    Mandarin
    13%
    Cantonese
    12%
    Tamil
    3%
    Arabic
    1%
    Spanish
    1%
    Tagalog
    1%
    Korean
    1%
    Education
    University and Above
    40%
    High School
    23%
    College
    16%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    River Ridge vs The Weston Area

    Building Trends At River Ridge

    Days on Strata

    Units at River Ridge spend an average of
    42
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Weston

    Turnover of Units

    On average, each unit is owned for
    4.2
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 9 condos in the Weston area

    Sold Units

    19
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value Rank

    River Ridge offers the
    ?
    best value out of 9 condos in the Weston neighbourhood

    Appreciation Rank

    River Ridge has the
    ?
    highest ROI out of 9 condos in the Weston neighbourhood

    Rental Yield

    River Ridge yields the
    ?
    highest rent prices out of 9 condos in the Weston neighbourhood

    High Demand

    River Ridge is the
    ?
    most popular building out of 9 condos in the Weston neighbourhood

    Transaction Insights at 1 Hickory Tree Road

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$465,000$450,000 - $490,000$500,000 - $577,500$515,000 - $570,000$710,000No Data
    Avg. Cost Per Sqft$733$658$534$485$374No Data
    Avg. Wait for Unit Availability147 Days43 Days82 Days42 DaysNo DataNo Data
    Ratio of Units in Building16%31%22%31%2%1%

    Transactions vs Inventory

    Total number of units listed and sold in Weston