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    1-19 Avondale Avenue & 4665 Yonge Street

    Residences of Avondale
    2for Sale
    2for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    12
    Number of Units:
    200
    Condo Completion:
    2006
    Condo Demand:
    Low
    Unit Size Range:
    271 - 1,000 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Residences of Avondale

    Receive listing updates for Willowdale

    Amenities

    Rooftop Deck
    Gym Room
    Concierge
    Guest Suites
    Indoor Parking
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1-19 Avondale AvenueResidences of Avondale

    The Residences of Avondale is a 2006 built condo with soft loft style. The building stands 12 storeys tall and is located at 1 Avondale Ave, at the intersection of Avondale and Yonge. The tower was developed by Shane Baghai who also developed The Mansions of Avondale.

    Unlike a converted loft, 1 Avondale Ave comes with excellent extras to put residents at ease and provide recreation options. Amenities include: an on-site gym, saunas, a shared terrace and BBQ area, guest suites, a concierge, and more. These amenities do come at a cost because condo fees are above average for the neighbourhood.

    Lofts aren’t regarded for their affordability, but the Residences of Avondale is quite reasonably priced, just above the neighbourhood average — and there’s nothing average about the suites.

    The Suites

    Homes at the 1 Avondale Ave feature loft floor plans and condo finishes. Many suites have multi-floor layouts, with soaring mezzanine areas and wall to walls windows offering breathtaking views. All suites are open concept and include stackable washers and dryers.

    There are 200 loft units in this building; studios start at 350 square feet and the largest 2 bedroom lofts reach just under 1000 square feet. Suites feature modern kitchens with granite counters and integrated stainless steel appliances. Most units have tile in kitchens and hardwood in principal rooms, though some units have seen upgrades.

    Bedrooms and bathrooms are extremely spacious; master bedrooms here often have enough space for a seating area. Most units have private balconies.

    The Neighbourhood

    The Willowdale neighbourhood is a diverse community with roots going back to 1797 when the area was settled as a postal village. The neighbourhood consists mostly of residential streets with single family homes, and a high density corridor along Yonge Street.

    The Residences of Avondale boasts an incredibly convenient location. Residents have dining options right outside the building, from fast food chains to mom and pop takeout shops. There are also very unique dine in restaurants like Wood House BBQ, found just across the street.

    Yonge Sheppard Centre is located just a 5 minute drive north on Yonge for shopping excursions; the mall hosts a number of specialized boutiques and well known retail chains too. Plus, Shoppers can head west on Sheppard for the Bayview Village Shopping Centre.

    For recreation, Avondale Park is close by, and there’s even a small ski slope to the west of Yonge; Earl Bales Park is only a 10 minute drive from the condos.

    Transportation

    1 Avondale Ave provides a truly urban location; residents can walk to Rabba Fine Food for groceries in less than 5 minutes; there’s a LCBO just north on Yonge, and salons and tailors in the neighbourhood.

    Commuters should have an easy time getting to and from work using public transit as there’s a bus stop just outside the building, and Sheppard-Yonge Station is only 3 minutes away for subway lines.

    Nobody enjoys driving on the 401 — be wary of anyone who does — but there’s something to be said for being able to reach the nearest 401 on-ramp in less than 1 minute of driving. For car owners who commute, this is a building to consider.

    Reviews for Residences of Avondale

    Stewart H
    October 29 2024
    Owner
    5 out of 5
    This condo is really good these days. They had trouble in the past with the management and concierge but I think management has it sorted out. It has a good list of amenities and is close to Avondale park.
    2

    Listings For Sale

    Interested in receiving new listings for sale?

    2

    Listings For Rent

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    Explore Willowdale

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    Demographics

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

    Population
    32,007
    Average Individual Income
    $57,784
    Average Household Size
    3 persons
    Average Age
    54
    Average Household Income
    $98,978
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    2%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    22%
    65+
    23%
    Household Income
    $0 - $30,000
    52%
    $30,000+
    26%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    21%
    Semi Detached
    20%
    Low Rise Apartment
    10%
    Duplex
    8%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    51%
    Cantonese
    18%
    Mandarin
    13%
    Other
    11%
    Tamil
    3%
    Tagalog
    2%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    29%
    High School
    28%
    None
    19%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    19%
    Health & Related Fields
    13%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%

    Maintenance Fees

    Residences of Avondale vs The Willowdale Area

    Days on Strata

    Units at Residences of Avondale spend an average of
    56
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Willowdale

    Turnover of Units

    On average, each unit is owned for
    3.8
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    41st
    Highest price per SQFT out of 109 condos in the Willowdale area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    20
    Units were Rented over the past twelve months

    Best Value Rank

    Residences of Avondale offers the
    ?
    best value out of 109 condos in the Willowdale neighbourhood

    Appreciation Rank

    Residences of Avondale has the
    ?
    highest ROI out of 109 condos in the Willowdale neighbourhood

    Rental Yield

    Residences of Avondale yields the
    ?
    highest rent prices out of 109 condos in the Willowdale neighbourhood

    High Demand

    Residences of Avondale is the
    ?
    most popular building out of 109 condos in the Willowdale neighbourhood

    Transaction Insights at 1-19 Avondale Avenue

    Studio1 Bed1 Bed + Den2 Bed
    Price Range$400,000No Data$645,000 - $730,000$702,000
    Avg. Cost Per Sqft$1,228No Data$863$787
    Avg. Wait for Unit Availability40 DaysNo Data66 Days106 Days
    Ratio of Units in Building62%2%24%13%

    Unit Sales vs Inventory

    Total number of units listed and sold in Willowdale