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    The Gibraltar II Condos

    Highlights

    Property Type:
    Condo
    Number of Storeys:
    15
    Number of Units:
    197
    Condo Completion:
    1995
    Condo Demand:
    Medium
    Unit Size Range:
    749 - 1,844 SQFT
    Unit Availability:
    Medium
    Property Management:

    Amenities

    Concierge
    Visitor Parking
    Gym
    Squash Court
    Guest Suites
    Tennis Court
    Outdoor Pool
    Indoor Pool
    Amenity details for reference only. Independently verify accuracy.

    About 32 Clarissa DriveThe Gibraltar II Condos

    Anyone who’s seeking a Richmond Hill condo for sale should consider The Gibraltar II Condos at 32 Clarissa Drive. Tridel completed this building back in 1995, but unlike other buildings of that age, maintenance fees are higher than average at $0.83 per-square-foot. The 15-storey building is home to 197 suites with units ranging between 749 and 1844 square feet.

    This condo has an average demand ranking per Strata.ca analytics and a Walk Score of 81. Maintenance fees are $0.83 per-square-foot, which is higher than the neighbourhood average of $0.68 per-square-foot.

    The Suites

    We’ve aggregated a number of stats at 32 Clarissa Drive. Here are some highlights: In the past 12 months, 8 units have sold, and 7 have been rented. Meanwhile, property values here have decreased by 4.21%.

    Units at The Gibraltar II Condos have a low likelihood of receiving more than one offer, and on average they sell for -4.31% below the listed price. Suites here have an average cost per-square-foot of $581 based on sales over the past 12 months, and the median time a unit spends on the market is 32 days.

    The Neighbourhood

    Living here means you’re just a 5-minute walk from COTOLET, Little Saigon and Haze Restaurant + Lounge - Yonge St Richmond Hill, making it easy to dazzle your taste buds without much effort. Need caffeine to open your eyes in the morning? No worries, Teaopia, McDonald's and Bake Code have you covered...

    Grocery shopping is never a chore with stores such as Bismillah Grocers in the area.

    The Gibraltar II Condos is a great choice for residents who are money conscious — with banks like National Bank and CIBC Branch with ATM nearby.

    There are plenty of parks nearby to keep your family busy, including Bridgeview Cordone Park, Bridgeview Park and Baif Park, which are less than 16 minutes away by foot.

    Those who love to shop will appreciate all the options nearby with Richmond Centre, Observatory Place Plaza and South Hill Shopping Centre just 2 minutes from here.

    When the weekend rolls around, Baadeh art shop, Ray's Picture Frames and Art Centre Inc. and SatisfiedNerve are within a short 4-minute drive away.

    There are plenty of nearby school choices — Discovery Academy Private School and St. Anne Catholic Elementary School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Richmond Hill Academy, Farvadin Tutoring | Math, Literacy, Special Education and Alexander Mackenzie High School.

    Transportation

    Transit users will need to trek a bit to Yonge St / Weldrick Rd, the nearest light transit stop. Finch Station isn’t within a close walking distance, but you can drive there in about 26 minutes.

    Curious about similar condos in the area? Check out 22 Clarissa Drive, 33 Weldrick Road and 75 Weldrick Road E — all within walking distance.

    Hydro
    Included
    Heat
    Included
    Water
    Included
    Air Conditioning
    Not Included

    Listing History for The Gibraltar II Condos

    Nov, 2025
    32 Clarissa Dr, unit 222 for rent
    Unit 222
    Nov 16, 202523 days on strata
    Leased for $3,000Listed for $3,0002 bd | 2 ba | 1,000 sqft | 1 pkg
    32 Clarissa Dr, unit 917 for sale
    Unit 917
    Nov 14, 202595 days on strata
    TerminatedListed for $699,0002 bd | 2 ba | 1,044 sqft | 2 pkg
    Receive listing updates for Observatory | Harding

    Reviews for The Gibraltar II Condos

    Leah P
    March 30 2025
    5 out of 5
    Spacious unit, amazing amenities like pools and tennis courts and a super convenient location near shops and parks. Maintenance fees are higher but it’s worth it!
    5

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    Similar Condos

    Explore Observatory | Harding

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Demographics

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

    Population
    7,473
    Average Individual Income
    $83,167
    Average Household Size
    3 persons
    Average Age
    47
    Average Household Income
    $143,068
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    18%
    35 - 49
    18%
    50 - 64
    26%
    65+
    19%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    21%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    77%
    Semi Detached
    15%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    81%
    Cantonese
    7%
    Mandarin
    6%
    Other
    6%
    Education
    High School
    28%
    University and Above
    26%
    College
    20%
    None
    16%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Architecture & Engineering
    19%
    Business Management
    18%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Personal, Protective & Transportation Services
    8%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Education
    5%
    Physical Sciences
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%



    Days on Strata

    Units at The Gibraltar II Condos spend an average of
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Observatory | Harding

    Turnover of Units

    On average, each unit is owned for
    9.1
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 14 condos in the Observatory | Harding area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value Rank

    The Gibraltar II Condos offers the
    ?
    best value out of 14 condos in the Observatory | Harding neighbourhood

    Appreciation Rank

    The Gibraltar II Condos has the
    ?
    highest ROI out of 14 condos in the Observatory | Harding neighbourhood

    Rental Yield

    The Gibraltar II Condos yields the
    ?
    highest rent prices out of 14 condos in the Observatory | Harding neighbourhood

    High Demand

    The Gibraltar II Condos is the
    ?
    most popular building out of 14 condos in the Observatory | Harding neighbourhood

    Market Insights

    Transaction Insights at The Gibraltar II Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$536,000$650,000 - $880,000$665,800 - $870,000
    Avg. Cost Per SqftNo Data$572$630$636
    Avg. Wait for Unit AvailabilityNo Data285 Days81 Days97 Days
    Ratio of Units in Building1%14%45%34%

    Market Inventory

    Total number of units listed and sold in Observatory | Harding