33 University Ave 2506
Bay Street Corridor, Downtown Toronto, M5J 2S7
FOR SALE
$1,420,000
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BEDROOMS2
BATHROOMS1
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Property Description
Welcome to Empire Plaza at 33 University Avenue, in the centre of Toronto's financial, business, sports and entertainment districts! Rarely offered! Luxurious 1820 sq ft condo residence on 25th floor designed by the award-winning Architects Young & Wright. Located at the south-east corner of University and Wellington, with 24 hour security, an on-site management team. 30ft wall of floor to ceiling glass which offers an abundance of natural light and unobstructed view. Well proportioned interior presents two spacious bedrooms and two newly renovated spa-like bathrooms - one with a beautiful stand alone bathtub. In-suite climate control is available year-round via individually controlled heat pumps. Living and dining areas are open to one another which take full advantage of a vibrant city view. Exiting from the main bedroom is the spaciou solarium which can be used as a family room or an office. Recreational amenities include a handsomely furnished & lush landscaped outdoor rooftop terrace on the 28th floor with breathtaking 360 degree views of the financial district & Lake Ontario; A well equipped fitness centre; State of the art recreation/party room with wet bar, dining area, media centre, library & washrooms; Bicycle racks; Mailroom with parcel storage & 13 guest parking spaces. Complimentary Wi-Fi in all common areas. Maintenance Fees include electricity, water, C/A, common elements, parking, & building insurance.
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Nearby Intersections
University & Adelaide (106)
York & Bremner (187)
Property Features
Arts Centre, Hospital, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1800-1999
Taxes
$5,536 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Flat | 11.48' x 5.91' | Laminate, Closet |
| Living | Flat | 23.29' x 20.67' | Window Flr to Ceil, Laminate, W/O To Sunroom |
| Dining | Flat | 13.78' x 8.20' | Open Concept, Laminate, Combined W/Dining |
| Kitchen | Flat | 13.78' x 9.51' | Stainless Steel Appl, Laminate, Pass Through |
| Prim Bdrm | Flat | 10.83' x 21.65' | W/I Closet, 5 Pc Ensuite, Laminate |
| 2nd Br | Flat | 8.53' x 14.11' | Mirrored Closet, Laminate, W/O To Sunroom |
| Den | Flat | 10.50' x 13.45' | Double Doors, Laminate |
| Solarium | Flat | 20.51' x 10.17' | Window Flr to Ceil, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
33 University Ave 2506 is a 2-bedroom 2-bathroom condo listed for sale at $1,420,000, which is $632,190 (80.2%) higher than the average sold price of $787,810 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $20,716 (2.7%) compared to the previous 30 day period (August 6 - September 4) and up $1,392 (0.2%) from the same time one year ago.Inventory Change
There were 1,722 2-bedroom condos listed in Downtown Toronto over the last 30 days (September 5 - October 4), which is up 67.7% compared with the previous 30 day period (August 6 - September 4) and up 7.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($17,124) (2.2%) below asking price over the last 30 days (September 5 - October 4), which represents a $1,077 increase compared to the previous 30 day period (August 6 - September 4) and ($12,245) 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 2-bedroom condos in Downtown Toronto over the last 30 days (September 5 - October 4) stood at 28.2%, down from 43.0% over the previous 30 days (August 6 - September 4) and down from 30.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 30 days when successfully sold over the last 30 days (September 5 - October 4), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada
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