Maintenance Fees
Ritz Towers Condos vs The Queen Street Corridor Area
1503 - 8 Lisa St
For Sale
2 Days on Strata
$399,900
2 Beds + 1
2 Bath
1 Parking
1,128 SQFT
Listing History
2025 - Apr 24 • 2 days on Strata
for sale$399,900
Apr 24, 2025 • 36 days on Strata
terminated$474,900
Receive listing updates for Queen Street Corridor
Details
Property Type:
Condo
Maintenance Fees:
$1,242/mth
Taxes:
$2,335 (2025)
Cost Per Sqft:
$355/sqft
Outdoor Space:
Enclosed/Solarium
Locker:
Ensuite
Exposure:
North West
Possession Date:
Immediately
Amenities
Security System
Indoor Pool
Games Room
Gym
Car Wash
Visitor Parking
Outdoor Pool
Squash Court
Party Room
BBQs Allowed
Concierge
Tennis Court
Rec Room
About this Listing
Welcome to the beautiful Ritz Towers located within a short walk to Norton Place Lake and the Bramalea City Centre. Large Livingroom/Dining Room combination with Parque flooring. Eat in Kitchen with built-in dishwasher. Generous size bedrooms with the primary bedroom having a three piece en suite. Solarium could be used as a third bedroom. Washer and Dryer in the unit. Fantastic amenities, including indoor and outdoor pool, gazbo, BBQ's sauna, weight room/cardio room. Close to schools, shopping, place of worship, public transportation, park, and rec centre. Minutes to Hwy 410. You will not be disappointed with this building.
ExtrasFridge, Stove, Washer, Dryer, & Dishwasher
re/max realty services inc.MLS® #W12100797
Fees & Utilities
Maintenance Fees
Included in Fees
Hydro
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Parquet Floor, Large Window, Combined with Dining
19.75 x 10.83ft
Dining
Parquet Floor, Ceiling Fan
15.81 x 9.84ft
Kitchen
Ceramic Floor, Built-in Dishwasher, Double Sink
10.83 x 10.17ft
Sunroom
Parquet Floor
9.68 x 8.01ft
Primary
Parquet Floor, 3 Piece Ensuite, Walk-in Closet
14.76 x 10.83ft
2nd Bedroom
Parquet Floor, Closet
12.17 x 9.68ft
Buyer's Market
Balanced
Seller's Market
4.0
Building Spotlight
Similar Listings
Explore Queen Street Corridor
Commute Calculator
6/10
Walkability
Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
6/10
Transit
Getting more reliable. You might even snag a seat on the morning commute!
5/10
Bikeability
You'll have a love-hate relationship with your gears. Mostly hate.
Mortgage Calculator
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
8,702
Average Individual Income
$66,077
Average Household Size
3 persons
Average Age
44
Average Household Income
$122,691
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
62%
Semi Detached
18%
Duplex
11%
Low Rise Apartment
7%
Marital Status
Commute
Languages (Primary Language)
English
76%
Punjabi
10%
Other
8%
Urdu
2%
Spanish
1%
Hindi
1%
Mandarin
1%
Cantonese
1%
Education
High School
29%
University and Above
25%
College
21%
None
15%
Apprenticeship
4%
University Below Batchelor
1%
Major Field of Study
Business Management
25%
Architecture & Engineering
19%
Social Sciences
13%
Health & Related Fields
12%
Humanities
6%
Physical Sciences
5%
Personal, Protective & Transportation Services
4%
Math & Computer Sciences
4%
Education
3%
Visual & Performing Arts
3%
Building Trends At Ritz Towers Condos
Days on Strata
Units at Ritz Towers Condos spend an average of
39
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Queen Street Corridor
Turnover of Units
On average, each unit is owned for
9.9
YEARS before being sold againProperty Value
-6%
Decrease in property value within the past twelve months
Price Ranking
15th
Highest price per SQFT out of 23 condos in the Queen Street Corridor area
Sold Units
4
Units were Sold over the past twelve months
Rented Units
2
Units were Rented over the past twelve months
Best Value Rank
Ritz Towers Condos offers the best value out of 23 condos in the Queen Street Corridor neighbourhood
?
Appreciation Rank
Ritz Towers Condos has the highest ROI out of 23 condos in the Queen Street Corridor neighbourhood
?
Rental Yield
Ritz Towers Condos yields the highest rent prices out of 23 condos in the Queen Street Corridor neighbourhood
?
High Demand
Ritz Towers Condos is the most popular building out of 23 condos in the Queen Street Corridor neighbourhood
?
Market Insights
Transaction Insights at Ritz Towers Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $375,000 | No Data | $427,000 | $500,000 - $530,000 |
| Avg. Cost Per Sqft | $318 | No Data | $351 | $488 |
| Price Range | No Data | No Data | $2,900 | $2,950 |
| Avg. Wait for Unit Availability | 328 Days | 202 Days | 68 Days | 31 Days |
| Avg. Wait for Unit Availability | 701 Days | 312 Days | 319 Days | 169 Days |
| Ratio of Units in Building | 6% | 6% | 39% | 50% |
Market Inventory
Total number of units listed and sold in Queen Street Corridor
