- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 600–699sq ft
- Per sq ft
- $885at the range’s middle
- Tax a year
- $2,9932026 tax year
- Built
- 16-30
- Parking
- 11 underground
- Days on market
- Members
The brief
About 506B-25 Ritchie Ave
506B-25 Ritchie Ave is a 1-bedroom, 1-bathroom condo in Roncesvalles, Toronto, listed for sale at an asking price of $575,000 (MLS® W13817522).
Welcome to this unique top-floor loft at 25 Ritchie Ave, offering an incredible combination of indoor-outdoor living and panoramic city views. This bright and stylish 1-bedroom suite features 9-ft ceilings, hardwood floors, ensuite laundry, and roll-down blinds throughout. The modern kitchen is finished with a striking red quartz countertop and backsplash, stainless steel appliances, gas stove, and built-in microwave. Step outside to your private balcony or head up to the rooftop terrace with spectacular 360 views, complete with a BBQ and dedicated gas line-perfect for entertaining. Additional features include a glass-enclosed shower, owned AC, furnace and hot water heater, underground parking and locker. Enjoy the building's charming courtyard and an unbeatable Roncesvalles location close to transit, shops, restaurants, parks and everything the neighbourhood has to offer.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall13/100−$1,668/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 12 homes with 1 bedroom for lease in Roncesvalles right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,993 / 2026
- MLS® number
- W13817522
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 16-30
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Loft
- Community
- Roncesvalles
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Building Age
- 16-30
- Construction
- Metal/Side
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- All Existing Appliances, Window Coverings, and Light Fixtures. Gas Stove, Dishwasher, Fridge, Microwave/Hoodfan, Washer and Dryer.
- Condo maint.
- $670
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 5.42 × 3.31 m | W/O To Balcony, hardwood floor, Open Concept | Main |
| Kitchen | 5.42 × 3.31 m | Stainless Steel Appl, Backsplash, hardwood floor | Main |
| Primary | 5.42 × 3.2 m | Large Closet, W/O To Balcony, hardwood floor | Main |
| Other | 5.42 × 10.36 m | Ns View, East West View, Staircase | Upper |
Listing history
Buy/sell history for 506B-25 Ritchie Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $575,000 | N/A | Pc | W13817522 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $115,000
- Total mortgage amount
- $460,000
- Total interest payment
- $327,200
- Total purchase cost
- $902,200
- Mortgage payment
- $2,624/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
71%Monthly carrying cost
$3,543- Rent $1,875
- Shortfall $1,668
Rental income opens at $1,875, the median asking rent of 12 comparable homes for lease in Roncesvalles. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $7,975
- Toronto municipal land transfer tax
- $7,975
- Total land transfer tax
- $15,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $7,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $575,000
- $3,500
- Ontario total
- $7,975
Toronto’s municipal tax uses the same brackets at this price, so it adds another $7,975.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m57 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3.7 m below ground nearbyThe middle water level in the well records within 500 m (505 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 83 building permits issued within 250 m in the last 2 years250 m
- 1 open development application within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 4.6 km4.6 km
- Mapped parcel: about 22,980 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 280 m280 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Nestle Canada Inc. — STERLING ROAD FACTORY, 500 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Toronto By-Law No. 438-86What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
7 building permits cleared at this address in the City’s file.
Addition(s)Inspection
Proposal to extend 2nd floor level of ground floor dwellling unit (Unit 104) in existing condominium building.
Issued September 7, 2011
New BuildingClosed
REVISION TO EXISTING BUILDING PERMIT - revision to add one storeyand 20 additional units - (fourth floor) (In middle of building) to new building - Original permit forProposal to construct a new 5 sty condo with 37 live-work units and 1 level of below grade parking. See C.O.A. and OMB A0353/06TEY.
Issued November 3, 2009
SprinklersClosed
Sprinkler permit for 06-199563BLD
Issued January 5, 2009
SprinklersClosed
Sprinkler permit for 06 199563 BLD
Issued December 29, 2008
Building Permit Related(MS)Inspection
HVAC - Proposal to construct a new 5 sty condo with 37 live-work units and 1 level of below grade parking. See C.O.A. and OMB A0353/06TEY.
Issued December 2, 2008
Building Permit Related(PS)Inspection
Plumbing - Proposal to construct a new 5 sty condo with 37 live-work units and 1 level of below grade parking. See C.O.A. and OMB A0353/06TEY.
Issued March 31, 2008
Building Permit Related (DR)Closed
Drain - Proposal to construct a new 5 sty condo with 37 live-work units and 1 level of below grade parking. See C.O.A. and OMB A0353/06TEY.
Issued March 19, 2008
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
6 HOWARD PARK AVECondominiumUnder Review
*** 128 dwelling units, 40 parking spaces
90 m away105 RITCHIE AVEOfficial plan or zoning amendmentUnder Review
The Proposal includes six mixed-use residential buildings on six development blocks. It will offer both ownership and rental housing options, and will be anchored around a new community public park and public street system. The redevelopment proposes a total gross floor area of 161,971 square metres comprised of 151,624 square metres of residential and 10,347 square metres of non-residential uses. The Proposed Development includes approximately 2,312 residential units in a range of unit sizes, and includes 1,156 rental units. The proposal includes a 3,405 square metre public park.
280 m away2252 DUNDAS ST WOfficial plan or zoning amendmentUnder Review
The Proposal includes six mixed-use residential buildings on six development blocks. It will offer both ownership and rental housing options, and will be anchored around a new community public park and public street system. The redevelopment proposes a total gross floor area of 161,971 square metres comprised of 151,624 square metres of residential and 10,347 square metres of non-residential uses. The Proposed Development includes approximately 2,312 residential units in a range of unit sizes, and includes 1,156 rental units. The proposal includes a 3,405 square metre public park.
290 m away2264 DUNDAS ST WOfficial plan or zoning amendmentUnder Review
The Proposal includes six mixed-use residential buildings on six development blocks. It will offer both ownership and rental housing options, and will be anchored around a new community public park and public street system. The redevelopment proposes a total gross floor area of 161,971 square metres comprised of 151,624 square metres of residential and 10,347 square metres of non-residential uses. The Proposed Development includes approximately 2,312 residential units in a range of unit sizes, and includes 1,156 rental units. The proposal includes a 3,405 square metre public park.
320 m away2280 DUNDAS ST WSite planUnder Review
The Proposal includes six mixed-use residential buildings on six development blocks. It will offer both ownership and rental housing options, and will be anchored around a new community public park and public street system. The redevelopment proposes a total gross floor area of 161,971 square metres comprised of 151,624 square metres of residential and 10,347 square metres of non-residential uses. The Proposed Development includes approximately 2,312 residential units in a range of unit sizes, and includes 1,156 rental units. The proposal includes a 3,405 square metre public park.
330 m away2280 DUNDAS ST WOfficial plan or zoning amendmentUnder Review
The Proposal includes six mixed-use residential buildings on six development blocks. It will offer both ownership and rental housing options, and will be anchored around a new community public park and public street system. The redevelopment proposes a total gross floor area of 161,971 square metres comprised of 151,624 square metres of residential and 10,347 square metres of non-residential uses. The Proposed Development includes approximately 2,312 residential units in a range of unit sizes, and includes 1,156 rental units. The proposal includes a 3,405 square metre public park.
330 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Roncesvalles right now
- For sale now
- 11
- Median asking price
- $579K
- New in 7 days
- 0
- Price cuts
- 36%
Middle half: $524K to $687K
4 in 28 days
4 listings
This home is asking 1% below the median.
See all homes in RoncesvallesAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Bloor GO | GO Transit train: KitchenerUP Express train | 500 m |
| Dundas West Station | TTC subway: Line 2 Bloor-Danforth | 550 m |
| Keele Station | TTC subway: Line 2 Bloor-Danforth | 850 m |
| Lansdowne Station | TTC subway: Line 2 Bloor-Danforth | 1 km |
| Caledonia Station | TTC light rail: Line 5 Eglinton | 4.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Howard Junior Public SchoolToronto DSB | Public · grades JK–6 · French Immersion | 300 m | 90%Grade 6 average |
| St Vincent de Paul Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 650 m | 79%Grade 6 average |
| Fern Avenue Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 · French Immersion | 850 m | 80%Grade 6 average |
| École élémentaire Charles-SauriolConseil scolaire Viamonde | French-language public · grades JK–8 | 1.8 km | 95%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Bishop Marrocco/Thomas Merton Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 500 m | 41%Grade 9 math |
| École secondaire Toronto OuestConseil scolaire Viamonde | French-language public · grades 9–12 | 750 m | 82%Grade 9 math |
| ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 750 m | 69%Grade 9 math |
| Caring and Safe School 4Toronto DSB | Public · grades 9–12 | 1.2 km | — |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Roncesvalles are shown to signed-in members.