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              #216 5 Richgrove Drive

              near Martin Grove & Eglinton
              $599,900 2+0bdr • 2ba • 1kit • 1000-1199sf
              Average Income
              $45,269
              Population Age
              41 y/old
              School Score
              7.85/10
              Price Index Change 1y
              +7.31%
              Price Index Change 3y
              +1.89%
              Rent Index Change 1y
              +5.68%
              Rent Index Change 3y
              +17.53%

              Condo Townhouse • Stacked Townhse #216

              #216 5 Richgrove Drive, Willowridge-Martingrove-Richview, Toronto
              • Rooms and Bathrooms 2+0 bedr, 2 bath
              • Kitchens 1
              • area 1000-1199
              • garage 1.0 Undergrnd
              • exposure S
              • age 6-10
              • locker None
              • possession

                Tba

              $599,900

              $2,059.99
              Tax yr: 2020

              $237.98/m

              CALCULATED NUMBERS:

              $2251.00

              calculator

              $2386

              4

              41 Car-Dependent

              71 Excellent Transit

              54 Bikeable

              7.85/10

              Location Details
              • Toronto

              • Toronto

              • Willowridge-Martingrove-Richview

              • Martin Grove & Eglinton

              • M9R0A3

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              RE/MAX MILLENNIUM REAL ESTATE, BROKERAGE

              Property Overview
              Attn First Time Home Buyers! Minto Richgrove Village Stunning 2 Bed Modern Townhouse W/ Great Open Concept Layout. 9 Ft Ceiling, Freshly Painted (2019), Large Windows. Gourmet Kitchen W/ S/S Appl. Potlights In Liv/Din Area(2019), Chandelier (2019), Nest Thermostat, New Carpet On Stairs(2019), 2nd Br Closet W/ Organizer, Master W/4 Pc Ensuite. Laundry On 2nd Level, Move In Cond! Lots Of Natural Lights. Easy Access To Hwy 401, 403, 427. Excl: Ring Sur/Cameras.
              Extras: Existing S/S Fridge, S/S Stove, B/I Microwave & Dishwasher. Washer + Dryer, Elf's. Window Coverings. Hwt (R). Ttc Steps Away W/ Short Ride To Subway. Drive Downtown In 15 Min & Airport In 5 Min. Children's Playground, V/Parking.
              Video tour available. Click to watch.
              Property Features
              • Library
              • Park
              • Public Transit
              • School
              • Brick
              • Stone
              • Common Elements Included
              • Ensuite Laundry
              • Building Insurance Included
              • Parking Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Heat Included
              • Hydro Included
              • Water Included
              • Family Room
              • Cable TV Included
              • CAC Included
              Rooms details
              Living
              • Main Level
              • Combined W/Dining
              • Laminate
              • W/O To Balcony
              • Size 4.76x4.70
              Dining
              • Main Level
              • Combined W/Living
              • Laminate
              • Open Concept
              • Size 4.76x4.70
              Kitchen
              • Main Level
              • Modern Kitchen
              • Granite Counter
              • Stainless Steel Appl
              • Size 3.58x2.77
              Master
              • 2nd Level
              • 4 Pc Ensuite
              • Laminate
              • W/O To Balcony
              • Size 3.42x3.18
              2nd Br
              • 2nd Level
              • Double Closet
              • Laminate
              • Window
              • Size 3.30x3.00
              Basement
              • None
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              • Listing added to site: 2020-11-20 18:32:16
              • Last updated: 2020-11-21 00:36:04
              • Photos updated: 2020-11-20
              • Contract date: 0000-00-00
              • Input date: 0000-00-00
              • Expiry date: 0000-00-00
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              216 5 Richgrove Drive is a condo townhouse stacked townhse, located in Willowridge-Martingrove-Richview of city of Toronto, Toronto region, near Martin Grove & Eglinton, and has been available for sale on CondosDirect since 2020-11-20. This unit is located at level 2 of the building and has South exposure of Richgrove Dr. Condo registry office is TSCP, corporation number 2137.

              Lot Size and Living Area:

              216 5 Richgrove Drive has 4+0 rooms in total, including 2+0 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 1000-1199 square feet. 5 Richgrove Drive building was built appriximately 6-10 years ago. This condo has an ensuite laundry.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:

              This condo is featuring Library, Park, Public Transit, School at, or near the property.
              AIDA has also identified the following listing features: Modern/Renovated/Well Maintained, Open Concept, Move In Condition, AIDA Recommended.

              Price & Cost Overview

              General:

              216 5 Richgrove Drive condo townhouse is listed for $599,900. Property tax for year 2020 was $2,060. And the monthly maintenance fee was $238.

              Comparative Market Analysis:

              There are similar 2+0 bedr condo townhouse recently sold for an average Time Adjusted Selling Price of $647,920.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,251, and total expenses, including the mortgage, property tax and maintenance, fee around $2,442, assuming $599,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 216 5 Richgrove Drive, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Willowridge-Martingrove-Richview, where 5 Richgrove Drive is located, has $961,452 Home Price Index, and $2,755 Home Rent Index. Average household income at dissemination area of 5 Richgrove Drive is $45,269, and average polulation age is 41 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,059,814, and average Home Rent Index $2,567.

              Similar Properties & Community Details:

              There are similar to 216 5 Richgrove Drive 2 bedr condo townhouse condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 5 Richgrove Drive.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Willowridge-Martingrove-Richview neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 5 Richgrove Drive, or schools, which boundaries this address belongs to with an average School Score 7.85 out of 10. Here are more details about these schools:
              1. Parkfield Junior School (Grades JK–05), Public, Elementary, ranked as Good.
              2. Martingrove Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 41, 71, and 54 accordingly, location of 5 Richgrove Drive overall can be described as Car-Dependent, Excellent Transit, and Bikeable.

              Willowridge-martingrove-richview, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (95 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 2 to 3 properties like that to be sold in Willowridge-Martingrove-Richview during the next 30 days.
              Seasonal sales fluctuation is showing 20% inventory increase comparing to the average annual number, which is equvalent to 1.67 properties sold per month, and 9% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 6 days, which is 12 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 10% D.O.M. increase comparing to the average annual number, which is equvalent to 15 D.O.M., and 9% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell very close to its asking price in Willowridge-Martingrove-Richview.
              The selling to asking price ratio is declining in Willowridge-Martingrove-Richview.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4995832 Comparative Market Analysis
              216 5 Richgrove Drive Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Willowridge-martingrove-richview, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +7.31% comparig to the City of Toronto average of +12.835%

              Price Index 3y

              Price Index change was +1.89% comparig to the City of Toronto average of +5.525%

              Rent Index 1y

              Rent Index change was +5.68% comparig to the City of Toronto average of +2.81%

              Rent Index 3y

              Rent Index change was +1.89% comparig to the City of Toronto average of +5.525%

              Walkscore

              Walkscore 41 out of 100 means Car-Dependent

              Transitscore

              Transitscore 71 out of 100 means Excellent Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 7.85 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

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              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $9,900 Cashback
              $658,000
              2+1br 1ba 800-899sf

              Prop Tax

              $2,626

              Condo Fee

              $492

              Exposure

              Ew

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare n/a

              $8,800 Cashback
              $589,000
              2br 2ba 1200-1399sf

              Prop Tax

              $2,100

              Condo Fee

              $613

              Exposure

              Ns

              Mortg/m

              $ calculator

              WalkScore

              76

              Compare n/a

              $9,600 Cashback
              $639,900
              2+1br 2ba 1000-1199sf

              Prop Tax

              $2,626

              Condo Fee

              $696

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$685,683

              $7,700 Cashback
              $515,000
              2br 2ba 900-999sf

              Prop Tax

              $1,600

              Condo Fee

              $420

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              44

              Compare n/a

              $10,500 Cashback
              $698,500
              2br 2ba 900-999sf

              Prop Tax

              $2,926

              Condo Fee

              $635

              Exposure

              Nw

              Mortg/m

              $ calculator

              WalkScore

              94

              Compare$777,989

              $8,900 Cashback
              $590,000
              2br 2ba 1000-1199sf

              Prop Tax

              $2,380

              Condo Fee

              $238

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              34

              Compare n/a

              $8,100 Cashback
              $539,000
              2br 2ba 900-999sf

              Prop Tax

              $1,595

              Condo Fee

              $308

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare n/a

              $9,400 Cashback
              $627,000
              2br 2ba 900-999sf

              Prop Tax

              $2,588

              Condo Fee

              $689

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              80

              Compare$649,948

              Sold Cnd
              $599,000
              2br 2ba 900-999sf

              Prop Tax

              $2,110

              Condo Fee

              $232

              Exposure

              Nw

              Mortg/m

              $ calculator

              WalkScore

              92

              Compare n/a

              $8,200 Cashback
              $549,000
              2br 1ba 700-799sf

              Prop Tax

              $2,015

              Condo Fee

              $186

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare n/a

              Price -$20000
              $659,900
              2br 2ba 900-999sf

              Prop Tax

              $2,580

              Condo Fee

              $307

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              49

              Compare n/a

              $9,400 Cashback
              $629,000
              2+1br 1ba 600-699sf

              Prop Tax

              $2,164

              Condo Fee

              $285

              Exposure

              Ns

              Mortg/m

              $ calculator

              WalkScore

              87

              Compare$611,566