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    Ritz Towers Condos

    Highlights

    Property Type:
    Condo
    Number of Storeys:
    28
    Number of Units:
    222
    Condo Completion:
    1986
    Condo Demand:
    Low
    Unit Size Range:
    860 - 1,395 SQFT
    Unit Availability:
    Low
    Property Management:

    Amenities

    Outdoor Pool
    Tennis Court
    BBQs Allowed
    Party Room
    Indoor Pool
    Gym
    Visitor Parking
    Amenity details for reference only. Independently verify accuracy.

    About 8 Lisa StreetRitz Towers Condos

    Ritz Towers Condos was completed in 1986 by Bramalea Limited. While some buyers associate high maintenance fees with older buildings, maintenance fees at 8 Lisa Street are only $1.03 per-square-foot. These Queen Street Corridor condos for sale offer floor plans that are more spacious than most modern condos; there are 222 suites in this 28-storey residence, and units range from 860 square feet to 1395 square feet.

    Maintenance fees at 8 Lisa Street are $1.03 per-square-foot, which is on the higher end compared to the average of about $0.67, however the maintenance fees do include all utilities (usually at least hydro is separate).

    The Suites

    On average, units at 8 Lisa Street sell 0.09% above the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). Units here are among the most affordable in the area with an average cost per-square-foot of $350 (based on past 12 months of sales). Units typically sell with 43 days on market on average. Over the past 12 months, 6 have sold and 9 have been rented out.

    The Neighbourhood

    Living here means you’re just a 8-minute walk from Bramalea City Pizza, St. Louis Bar & Grill and Subway, making it easy to dazzle your taste buds without much effort. You’ll only have to walk 14 minutes to pick-up a coffee before heading out for your day at Tim Hortons, McDonald's and Daniel's Chai Bar.

    There are a number of grocery stores within a short drive, including Rabba Fine Foods and Gem West Indian Grocery.

    Residents here can stop by Scotiabank and BMO Bank of Montreal on their way home from work, so they can take care of their financial needs.

    8 Lisa Street is just a short 2-minute drive to several green spaces like Esker Lake Trail, Hoskins Parkette and Laurelcrest Park.

    There are plenty of nearby school choices — KinderKollege Primary School, St. John Fisher Catholic School and Doon School — with more in neighbouring areas so you can find the best school for your child’s needs. Families with older children will be happy to know that Bramalea Secondary School can be reached by car in under 4 minutes.

    Transportation

    Transit users will need to trek a bit to Bramalea Terminal Route 1/1A EB - Departure, the nearest light transit stop.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 4 Lisa Street, 5 Lisa Street and 3 Lisa Street.

    Hydro
    Included
    Heat
    Included
    Water
    Included
    Air Conditioning
    Not Included

    Listing History for Ritz Towers Condos

    Oct, 2025
    8 Lisa St E, unit 1402 for sale
    Unit 1402
    Oct 30, 202571 days on strata
    Sold for $456,000Listed for $475,0002 bd | 2 ba | 1,226 sqft | 2 pkg
    Nov, 2025
    8 Lisa St, unit 807 for rent
    Unit 807
    Nov 10, 202524 days on strata
    Leased for $2,900Listed for $2,9002 bd | 2 ba | 1,258 sqft | 1 pkg
    Receive listing updates for Queen Street Corridor

    Reviews for Ritz Towers Condos

    Georgia L
    November 3 2024
    Other
    4 out of 5
    Beautiful quiet location on Lisa St, large park (Norton Park) is right behind it and there is a lovely water fountain. The area is somewhat walkable, used to be a little rough but it's been getting much nicer!
    Diya
    November 10 2025
    Visitor
    4 out of 5
    Beautiful quiet location on Lisa St, large park (Norton Park) is right behind it and there is a lovely water fountain. The area is somewhat walkable, used to be a little rough but it's been getting much nicer!
    10

    Listings For Sale

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    3

    Listings For Rent

    Interested in receiving new listings for rent?

    Similar Condos

    Explore Queen Street Corridor

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

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

    Population
    8,702
    Average Individual Income
    $66,077
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $122,691
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    27%
    $60,000+
    16%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    62%
    Semi Detached
    18%
    Duplex
    11%
    Low Rise Apartment
    7%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    76%
    Punjabi
    10%
    Other
    8%
    Urdu
    2%
    Spanish
    1%
    Hindi
    1%
    Mandarin
    1%
    Cantonese
    1%
    Education
    High School
    29%
    University and Above
    25%
    College
    21%
    None
    15%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Humanities
    6%
    Physical Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Math & Computer Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%



    Days on Strata

    Units at Ritz Towers Condos spend an average of
    43
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Queen Street Corridor

    Turnover of Units

    On average, each unit is owned for
    9.9
    YEARS before being sold again

    Property Value

    -20%
    Decrease in property value within the past twelve months

    Price Ranking

    17th
    Highest price per SQFT out of 22 condos in the Queen Street Corridor area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    9
    Units were Rented over the past twelve months

    Best Value Rank

    Ritz Towers Condos offers the
    ?
    best value out of 22 condos in the Queen Street Corridor neighbourhood

    Appreciation Rank

    Ritz Towers Condos has the
    ?
    highest ROI out of 22 condos in the Queen Street Corridor neighbourhood

    Rental Yield

    Ritz Towers Condos yields the
    ?
    highest rent prices out of 22 condos in the Queen Street Corridor neighbourhood

    High Demand

    Ritz Towers Condos is the
    ?
    most popular building out of 22 condos in the Queen Street Corridor neighbourhood

    Market Insights

    Transaction Insights at Ritz Towers Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$375,000No Data$456,000$365,000 - $485,000
    Avg. Cost Per Sqft$318No Data$387$358
    Avg. Wait for Unit Availability369 Days210 Days81 Days33 Days
    Ratio of Units in Building6%6%37%53%

    Market Inventory

    Total number of units listed and sold in Queen Street Corridor