Thursday, September 16, 2010

Condo Sales: The Past 30 Days at Hillside Ravines

Following our first Past 30 Days post, we’ve decided this week to take a look at State Building Group’s Hillside Ravines. Completed over three phases from 2000 through 2006, Hillside Ravine’s three low-rise buildings sit upon a vast area of lush greenery in the highly-coveted Hoggs Hollow neighbourhood. Situated just east of Yonge St between the 401 and York Mills, Hillside Developments offers residents a nice range of building facilities coupled with a quaint yet convenient location, providing the perfect mix for those who seek a quiet, active lifestyle.

In the past 30 days, a total of three units have sold between the three buildings at Hillside Ravines with prices ranging from $370,000 for a 1-BR+Den unit of 753 sq ft to $545,000 for a 2-BR+Den unit of approximately 1,300 sq ft. Two units were also leased over the past month from $1,750 to $2,450 for a 1-BR+Den and 2-BR+Den suites, respectively.

If you’re curious about how property values have held up in this development over the past few years, a 2-BR+Den unit that sold in Phase III was just resold for $80,000 more than it did in June 2006, while another a 2-BR+Den unit that sold in Phase I was just resold for $94,100 more than it did in September 2006.

For more information on Hillside Ravines, please click on the following links: Phase I, Phase II and Phase III.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.