This ‘lovingly-renovated’ condo in Toronto’s Briar Hill-Belgravia neighbourhood is listed for under $600,000

Price: $599,900
Neighbourhood: Briar Hill-Belgravia
X-factor: “Spacious,” “sunny” and “lovingly-renovated” are all used in the listing to describe this 1,000-square-foot condo in York.
Unit 1709 at 360 Ridelle Avenue is perfect for people of all ages and lifestyles, thanks to its open layout and ample space, the property’s realtor Tenzin Nordhen says.
The condo offers two bedrooms, one washroom, a large open-concept main room and a private balcony.
The main room includes space for a living and dining area, as well as a newly-renovated kitchen. Nordhen says the unit’s current owners upgraded the ‘70s-style enclosed kitchen in 2023 to make it open concept with a quartz stone island separating it from the rest of the main area.
The room also has wall-to-wall windows on one side and a door to the balcony, both of which face westward making them perfect for viewing sunsets, according to Nordhen.
Like the kitchen, the washroom is freshly renovated with new tiling.
The Star’s expert real estate agent, Othneil Litchmore, says these upgrades in the kitchen and washroom are a key selling point.
“It’s obviously an older building, so the seller did put in some effort into bringing (the condo) up to what I would say are 2024 standards,” he says, adding the owners have good taste in terms of decor.
One of the two bedrooms is currently being used as a home office for remote work, but Nordhen says it can easily be transformed into another room for sleeping or even a nursery for those with small children.
Located in the Allenway Condominium, the building is a four-minute walk from Glencairn Station on the Line 1 Yonge-University subway line and, when it’s completed, the future Eglinton West Station for the Eglinton LRT Crosstown line.
The condo is also within walking distance of many parks, including the Beltline Trail and Cedarvale Ravine, and nearby West Preparatory Junior Public School.
Within the building — which has a great community of young people and families, according to Nordhen — are many amenities, including underground parking, a rooftop patio, gym, and indoor pool and sauna. All these amenities, along with all utilities, are including in the unit’s maintenance fee, Nordhen says.
The open-concept layout and ample room make this condo perfect for people of many ages and lifestyles, Nordhen says.
“This spacious condo unit is perfect for young professionals seeking a comfortable, modern living space, retirees looking to downsize into a low-maintenance yet cosy home, or small families who value proximity to quality elementary schools.”
The current owners, according to Nordhen, often host parties for family and friends around the winter holidays and like to watch New Year’s Eve fireworks from the balcony. He adds that the owners say their 3-year-old nephew loves to come over and run laps around the large main room.
“This unit offers the flexibility to accommodate diverse lifestyles and needs,” he says.
In July, the average selling price for a condo in Toronto was $748,330, according to a monthly report from the Toronto Regional Real Estate Board (TRREB). 
With a listing price of $599,900, Nordhen says the condo has been priced competitively, particularly with the recent renovations in the kitchen and bathroom
But Toronto’s condo market is struggling right now, with sales plunging to a 27-year low in the first half of 2024 and prices expected to drop as early as the end of the year.
Nordhen is aware of the state of the condo sales right now, saying the owners are hoping to get a “great price” for the unit, but that “the market always determines that.”
Litchmore believes the condo will sell for or around its listing price, it’s just a matter of how long.
“It might take a few weeks or a few months just based on the market. And because the biggest issue is that there’s lots of options out there,” he says.
But, Litchmore notes, he thinks this unit is unique and “does stand out in a relative sense.”
With files from Daniel Ramos
#GTAHomeHunt is a series from the Star that gets into the details of real estate listings in Toronto and the Greater Toronto Area. Have a tip? Email us at [email protected]