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    388 Bloor Street E

    Rosedale Ravine Residences
    2for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    18
    Number of Units:
    91
    Condo Completion:
    2001
    Condo Demand:
    High
    Unit Size Range:
    521 - 2,000 SQFT
    Unit Availability:
    Low

    Listing History for Rosedale Ravine Residences

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    Amenities

    Gym Room
    Sauna
    Party Room
    Rec Room
    BBQs Allowed
    Visitor Parking

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 388 Bloor Street ERosedale Ravine Residences

    Nestled into the northeast corner of the downtown core, the condos at at 388 Bloor Street East overlook the lush natural landscapes of the Rosedale Ravine — as well as the not-so-lush but oh-so-convenient Sherbourne Subway Station. So when H&R Developments built these luxury condos in 2001, they aptly named them the Rosedale Ravine Residences.

    Attracting many prospective buyer seeking Toronto condos for sale, this 18-storey concrete structure at 388 Bloor East boasts many balconies, as well as a plethora of wide windows, taking advantage of its site’s exceptional exposure. Indeed, more often than not, the sun warmly illuminates E.I. Richmond Architects’ modern design.

    What’s more, the symmetrical arrangement of the building’s windows and balconies culminates in a charming arched entrance along bustling Bloor. Through this portal, the Rosedale Ravine Residences’ grand lobby — cared for by a 24-hour concierge — welcomes residents with sophistication and charm.

    Additionally, 388 Bloor East contains a good number of luxurious amenities. Residents can work out in a fully-equipped fitness centre, then relax in one of the building’s saunas. And when residents have friends and family visiting the city, the Rosedale Ravine condos' guest suites allow homeowners to act as the most gracious of hosts without giving up their own comfort.

    The Suites

    388 Bloor East is home to 91 downtown Toronto condos. The suites in the building range in size from approximately 600 to 2,200 square feet. Consisting of one bedroom, one plus den, two bedroom, and two plus den floor plans, as well as some with three bedrooms, the Rosedale Ravine condo suites are ready to suit the needs of a diverse group of buyers.

    Many suites also extend outdoors, onto private balconies. These private balconies, which are set along the building’s north and south faces, offer two distinct views — both captivating, but in different ways. Suites oriented towards the south face the city’s skyscrapers and the bustling life in the downtown core; conversely, those living in north facing suites enjoy taking in the thriving natural landscapes of the condos namesake ravine, as well as the Don Valley’s vast greenery .

    Finally, 388 Bloor East’s suites also boast a bright and airy atmosphere. This is in part thanks to open-concept kitchens, as well as hardwood flooring, and of course the many windows that in an abundance of natural light.

    The Neighbourhood

    Next door to an elegant brick heritage building designed by John Lyle, which was formerly home to a Dominion Bank (now TD), the Rosedale Ravine Residences evidently sits in a well established part of the city — Yonge and Bloor. As a result, there are many inexpensive eateries just steps away around the intersection of Sherbourne and Bloor East, although they likely don’t predate that old bank.

    Residents need only take a short walk west in order to do a little shopping. The Hudson Bay Centre on Bloor at Yonge is enormous and filled with affordable offerings, whereas west of that the shopping becomes much more upscale. Designer boutiques are concentrated around the Holt Renfrew between Bay Street and Mayfair Mews.

    Conversely, the shopping back in the neighbourhood, around Sherbourne, is much more practical. This includes an inexpensive No Frills, conveniently situated in the complex just across the street from the building.

    Transportation

    With Sherbourne Station only a few steps from the building, those living in 388 Bloor East can get around the city easily, even without a car. Trains from Sherbourne Station run along the east-west running Bloor-Danforth line, with the option to transfer onto the Yonge-University-Spadina line, which runs north and south through the city, at Bloor-Yonge.

    And even though the building is located in the downtown core, drivers living in the Rosedale Ravine Residences will quickly figure out how to navigate the traffic in the area. In front of their building, Bloor East opens up and becomes wider than it is in the west end of the city — meaning drivers can access the highway more quickly. Residents can head east on Bloor, where they will find an onramp for the Don Valley Parkway after they pass over the bridge, or right as Bloor becomes Danforth Avenue.

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    Explore Yonge and Bloor

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar condos

    Demographics

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

    Population
    18,370
    Average Individual Income
    $65,640
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $108,336
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    22%
    65+
    21%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    42%
    Semi Detached
    20%
    High Rise Apartment
    18%
    Low Rise Apartment
    12%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    58%
    Mandarin
    13%
    Cantonese
    12%
    Other
    12%
    Tagalog
    2%
    Tamil
    2%
    Spanish
    1%
    Education
    University and Above
    32%
    High School
    26%
    College
    17%
    None
    17%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    12%
    Math & Computer Sciences
    8%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    Rosedale Ravine Residences vs The Yonge and Bloor Area

    Days on Strata

    Units at Rosedale Ravine Residences spend an average of
    15
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    10%
    above
    the list price.

    Offer Competition

    Condos in this building have a
    HIGH
    chance of receiving
    Multiple Offers
    compared to other buildings in Yonge and Bloor

    Turnover of Units

    On average, each unit is owned for
    4.1
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 12 condos in the Yonge and Bloor area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Rosedale Ravine Residences offers the
    ?
    best value out of 12 condos in the Yonge and Bloor neighbourhood

    Appreciation Rank

    Rosedale Ravine Residences has the
    ?
    highest ROI out of 12 condos in the Yonge and Bloor neighbourhood

    Rental Yield

    Rosedale Ravine Residences yields the
    ?
    highest rent prices out of 12 condos in the Yonge and Bloor neighbourhood

    High Demand

    Rosedale Ravine Residences is the
    ?
    most popular building out of 12 condos in the Yonge and Bloor neighbourhood

    Transaction Insights at 388 Bloor Street E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$540,000$590,000$842,000No DataNo Data
    Avg. Cost Per Sqft$781$573$803No DataNo Data
    Avg. Wait for Unit Availability184 Days842 Days216 Days288 Days316 Days
    Ratio of Units in Building38%10%40%7%7%

    Unit Sales vs Inventory

    Total number of units listed and sold in Yonge and Bloor