Buying at 1062 Ridley Drive
9 units at 1062 Ridley Drive have sold since 2021 at a median of $2,000,000, achieving 96.1% of asking in about 33 days. Here is what that means for what you will pay — and what to read before you offer.
That leaves roughly $78,000 off a median-priced unit on average — the building's pattern, not a guarantee on any one home.
What you will pay, by size
Sold figures are what buyers actually paid across all 9 sales. Asking is what is listed today.
| Type | Sold avg | Sold range | Asking now |
|---|---|---|---|
| 5 bedroom · ~2591 sq ft | $1,691,667 | $1.45M – $2M | — |
| 10 bedroom · ~4805 sq ft | $2,584,500 | $2.36M – $2.88M | — |
What to read before you offer
Whether 1062 Ridley Drive is a good building to buy into is decided by its documents, not its listing photos. These are the ones that matter, and what each is for.
Saeed Farahani obtains and reviews these with you as part of representing you on a purchase.
Common questions
Is 1062 Ridley Drive a good building to buy in?
No one can answer that honestly from the listing alone — it depends on what the documents say. The market record is a starting point: 9 units have sold here since 2021 at a median of $2,000,000, averaging 33 days on market and 96.1% of asking. What decides it is the strata minutes, the depreciation report and the Form B — whether work is approved but not yet levied, how healthy the contingency fund is, and whether the current fee reflects real costs. Saeed Farahani obtains and reviews those documents with you before you write an offer.
How much can I negotiate at 1062 Ridley Drive?
Sales here have averaged 96.1% of asking over about 33 days on market — roughly $78,000 off a median-priced unit. That is the building's average, not a guarantee; a well-priced unit still sells at full price.
What do units at 1062 Ridley Drive actually sell for?
9 sales since 2021, from $1,450,000 to $2,878,000, median $2,000,000. By size: 5-bed $1,691,667, 10-bed $2,584,500. That works out to about $604 per square foot. Asking prices on current listings are a separate question — what sold is what the market paid.
What is for sale at 1062 Ridley Drive right now?
1 unit is currently listed, asking $2,198,000 to $2,198,000 (about $741 per square foot). Current listings and photos are on the building page.
What amenities does 1062 Ridley Drive have?
Amenities, bylaws and strata details for 1062 Ridley Drive are set out in full on the building page, alongside current listings. This page covers the buying decision rather than repeating them.
Figures are drawn from recorded MLS® sales and current listings at 1062 Ridley Drive (NWP32215) from 2021 onward and describe the building, not any individual home. Nothing here is a substitute for reviewing the strata documents. See amenities, bylaws and current listings →
Why work with Saeed
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