33 University Ave 1501
Bay Street Corridor, Downtown Toronto, M5J 2S7
FOR SALE
$694,500
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1 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSC8453594
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Property Description
Experience the Ultimate in Sophisticated Urban Living! Located in the heart of Toronto's Financial District, this spacious 1-bedroom plus solarium suite spans 905 sqft and offers an additional 145 sqft solarium with stunning mahogany hardwood floors throughout. This well-maintained unit also comes with a coveted parking spot and direct access to the P.A.T.H., ensuring seamless connectivity to the city's best. Enjoy the vibrant energy of Bay Street, just steps from premier attractions like the ACC, The Ritz, Rogers Centre, Ripley's Aquarium, and Union Station. Great deal for first time buyer and Investor. Only 760 per sq ft!!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-20 | 2024-06-18 | 90 | $698,000 | - | Terminated |
| 2023-01-31 | 2023-02-11 | 12 | $2,850 | $2,850 | Leased |
| 2020-12-19 | 2020-12-23 | 6 | $2,000 | $2,100 | Leased |
Extras
This Condo building (MTCC 932) enforces a no dog and no smoking policy.
Nearby Intersections
York & Bremner (186)
Property Features
Hospital, Lake/Pond, Library, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,838 (2024)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (LEVEL F UNIT 20)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 8.20' x 9.58' | Marble Floor, Pass Through |
| Dining | Flat | 13.55' x 17.26' | Combined W/Living, Hardwood Floor |
| Living | Flat | 17.26' x 17.26' | Hardwood Floor, Recessed Lights, Sliding Doors |
| Solarium | Flat | 6.99' x 14.01' | East View, Window Flr to Ceil, Hardwood Floor |
| Br | Flat | 13.68' x 20.70' | 4 Pc Ensuite, His/Hers Closets, Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
33 University Ave 1501 is a 1-bedroom 2-bathroom condo listed for sale at $694,500, which is $128,423 (22.7%) higher than the average sold price of $566,077 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $8,316 (1.4%) compared to the previous 30 day period (July 20 - August 18) and down $49,628 (8.1%) from the same time one year ago.Inventory Change
There were 1,451 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 9.7% compared with the previous 30 day period (July 20 - August 18) and up 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,285) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $81 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,356) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (August 19 - September 17) stood at 35.1%, down from 35.4% over the previous 30 days (July 20 - August 18) and down from 36.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 34 days when successfully sold over the last 30 days (August 19 - September 17), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Find Properties
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