506B-25 Ritchie Avenue, Toronto, ON

Roncesvalles, Toronto · MLS® W13817522

$599,000
For Sale
Listed 26 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • 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.
  • 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.
  • Enjoy the building's charming courtyard and an unbeatable Roncesvalles location close to transit, shops, restaurants, parks and everything the neighbourhood has to offer.

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.

Key facts

Property type
Condo Apartment, Loft
MLS®
W13817522
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Roncesvalles & Howard Park
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Metal/Steel Siding, Stucco (Plaster)
Maintenance
$670/mo
Exposure
South West
Property tax
$2,993 / 2026
Days on market
26
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

KitchenMain3.31 × 5.42 m

stainless steel appl · backsplash · hardwood floor

OtherUpper10.36 × 5.42 m

ns view · east west view · staircase

Primary BedroomMain3.20 × 5.42 m

large closet · w/o to balcony · hardwood floor

Living RoomMain3.31 × 5.42 m

w/o to balcony · hardwood floor · open concept

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Its public catchment (Howard Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What sellers nearby are askingCurrently listed nearby in Roncesvalles · asking prices
$622kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $961/sqft; this home lists at $922/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
599kThis home609k559k674k569k700kThis home vs active comparables

Neighbourhood & location

Roncesvalles, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Little Portugal
$549K
Niagara
$687K
Kensington-Chinatown
$600K
Annex
$1.03M
Waterfront Communities C1
$713K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Howard Junior Public School
76%
Howard Junior Public SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 76% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Bishop Marrocco/Thomas Merton Catholic Secondary School · Catholic secondary0.5 km · 55% at standard
Brock Public School · Public elementary1.0 km · 81% at standard
Garden Avenue Junior Public School · Public elementary1.0 km · 91% at standard
Keele Street Public School · Public elementary1.1 km · 82% at standard
Mountview Alternative School School · Public elementary1.1 km · 83% at standard
St Helen Catholic School · Catholic elementary1.1 km · 74% at standard
City View Alternative Senior School · Public elementary1.2 km
Shirley Street Junior Public School · Public elementary1.2 km · 70% at standard
St Luigi Catholic School · Catholic elementary1.2 km · 36% at standard
Caring and Safe School 4 · Public secondary1.2 km
Perth Avenue Junior Public School · Public elementary1.2 km · 77% at standard
Bloor Collegiate Institute · Public secondary1.3 km · 82% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,730/mo
$128KIncome needed
4.7×Price ÷ income
$630Weekly cost
$16,910Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

75%mortgage
Mortgage $2,730Property tax $249Condo fee $670Total carry $3,649

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,650per month

Mortgage amount $479,200 · 4.49% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,569Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,650
Property tax
$249
Condo / maintenance fees
$670
Heating
$0
Estimated monthly cost
$3,569

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$8,455
Toronto municipal land transfer tax
$8,455
Estimated closing costs
$16,910

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,207/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$315,674Total interest paid
$794,874Total of all payments
Principal $479,200 Interest $315,674
YearPrincipalInterestBalance
1$10,694$21,101$468,506
2$11,179$20,616$457,327
3$11,687$20,108$445,640
4$12,217$19,577$433,423
5$12,772$19,023$420,651
6$13,352$18,443$407,299
7$13,958$17,837$393,340
8$14,592$17,203$378,748
9$15,255$16,540$363,494
10$15,947$15,848$347,546
11$16,671$15,124$330,875
12$17,428$14,367$313,447
13$18,220$13,575$295,227
14$19,047$12,748$276,180
15$19,912$11,883$256,269
16$20,816$10,979$235,453
17$21,761$10,034$213,692
18$22,749$9,046$190,943
19$23,782$8,013$167,162
20$24,861$6,933$142,300
21$25,990$5,805$116,310
22$27,170$4,625$89,140
23$28,404$3,391$60,736
24$29,694$2,101$31,042
25$31,042$753$0

At the end of your 5-year term

Total paid over the term
$158,975
Principal paid down
$58,549
Interest paid
$100,425
Balance remaining
$420,651

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,050/mo
$24,600Gross annual rent
1.7%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.1%
Gross yield
− Property tax $2,993− Condo fees $8,034− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,267

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.

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