Riviera Condos in Alta Vista and Area

1500 Riverside Drive, Alta Vista and Area

Total Units

0

For Sale

0

For Rent

20

Sold

5

Leased

$520K

Avg Price

60

Days (Sale)

7

Days (Lease)

OQ

OVAIS QASSIM

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Property Type:
Condo
Number of Units:
Condo Demand:
High
Unit Availability:
Number of Storeys:
Condo Completion:
Unit Size Range:
500 - 1,799 SQFT
Property Management:
Apollo Property Mgmt

Market Overview

For-Sale Inventory

Highest Sale (12mo)

$700K

Lowest Sale (12mo)

$312K

Median Maintenance

$1149/mo

Year Built

Riviera Market

Updated Aug 10, 2026
Condos
Median sale price
$540K
Median PSF (est.)
$415/sqft
Sold last 90 days
3
Active listings
0
Months of inventory
0.0
Avg days on market
56
Sale-to-list ratio
96.97%
Absorption rate
200.0%
Market Insights
Price reductions (90d)
Price-reduction rate: 0.00%
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $415+3.84% vs community avg ($400)[premium]
Concession pattern by unit type (90d)
1br (4 sales)75.00% closed with concessions, avg 4.47% below ask
2br (8 sales)87.50% closed with concessions, avg 3.99% below ask
3br (4 sales)100.00% closed with concessions, avg 1.79% below ask
Seasonality (annual pattern)
Historically strongest months: Feb, Aug, Jul
Historically weakest months: May, Nov, Mar
Annual averages: DOM 61.8d · sale-to-list 96.97% (n=16)
Monthly detail
Jan · 3 sales · DOM 43.3d · STL 97.19%
Feb · 1 sales · DOM 15.0d · STL 99.29%
Mar · 2 sales · DOM 116.5d · STL 97.59%
May · 1 sales · DOM 86.0d · STL 97.39%
Jul · 2 sales · DOM 41.5d · STL 96.96%
Aug · 1 sales · DOM 22.0d · STL 97.32%
Sep · 2 sales · DOM 47.5d · STL 93.57%
Oct · 1 sales · DOM 60.0d · STL 93.93%
Nov · 3 sales · DOM 88.0d · STL 98.58%

Market Intelligence

Price per sqft analysis and trends

Riviera

Sale PSF

N/A

Lease PSF

N/A

3602 - Riverview Park

Sale PSF

$400/sqft

3 sales

Lease PSF

$2.71/sqft/mo

1 leases

Alta Vista and Area

Sale PSF

$393/sqft

4 sales

Lease PSF

$2.71/sqft/mo

1 leases

Ottawa

Sale PSF

$398/sqft

150 sales

Lease PSF

$4.36/sqft/mo

1 leases

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
RivieraThis Building
/mo
3602 - Riverview Park
4002.71/mo31
Alta Vista and Area
3932.71/mo41
Ottawa
3984.36/mo1501

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Parking & Locker Values

Parkingarea

Purchase

N/A

Monthly Lease

$186.44/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

Bike Storage
Car Wash
Club House
Community BBQ
Elevator
Exercise Room
Gym
Indoor Pool
Outdoor Pool
Party Room/Meeting Room
Sauna
Security System
Squash/Racquet Court
Tennis Court
Visitor Parking

Maintenance Fee Includes:

Building InsuranceCable TVCommon ElementsCondo TaxesHeatParkingWater

Building Reviews

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About Riviera Condos

Riviera is a premier condominium located at 1500 Riverside Drive, Alta Vista and Area. offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 25 units available at Riviera, with prices averaging around $520K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

Riviera stands out in Alta Vista and Area's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

Whether you're looking to buy, sell, or rent at Riviera, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation and market analysis.

Explore more real estate in the wider area: 3602 - Riverview Park, Alta Vista and Area and the Ottawa area.

Keywords: Riviera Alta Vista and Area Real Estate

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