426 University Ave 1705
Kensington-Chinatown, Downtown Toronto, M5G 1S9
FOR SALE
$618,000
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Property Description
Luxury condo built above Historical site Royal Canadian Military Institute Office by Tribute. Located at the heart of downtown Toronto (University Ave./Dundas St). Functional Floor Plan With 9Ft Smooth Ceilings & Floor To Ceiling Windows. Modern open concept kitchen w/large centre island, built-in appliances and back splash. Steps To St. Patrick Subway, Restaurants, Financial District, U Of T, Ocad, Hospitals And Queens Park.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-09-13 | 2021-02-07 | 148 | $1,580 | $1,580 | Leased |
| 2020-09-12 | 2021-02-10 | 151 | $653,800 | - | Suspended |
| 2019-05-02 | 2019-05-16 | 15 | $2,150 | $2,150 | Leased |
| 2019-03-01 | 2019-03-12 | 11 | $2,100 | - | Terminated |
Extras
Built-in fridge, cook-top & bottom oven, microwave, dishwasher, stacked front load washer & dryer.
Nearby Intersections
Queen & University (116)
University & Dundas (66)
Property Features
Arts Centre, Hospital, Library, Park
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,400 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 8.53' x 13.55' | Laminate, Combined W/Dining, W/O To Balcony |
| Dining | Flat | 8.53' x 13.55' | Laminate, Combined W/Living, Open Concept |
| Kitchen | Flat | 6.07' x 13.55' | Laminate, Centre Island, Stainless Steel Appl |
| Prim Bdrm | Flat | 8.89' x 9.35' | Laminate, Sliding Doors |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
426 University Ave 1705 is a 1-bedroom 1-bathroom condo listed for sale at $618,000, which is $52,016 (9.2%) higher than the average sold price of $565,984 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $13,085 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $49,802 (8.1%) from the same time one year ago.Inventory Change
There were 1,473 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 6.3% compared with the previous 30 day period (July 17 - August 15) and up 0.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,793) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $71 decrease compared to the previous 30 day period (July 17 - August 15) and ($6,422) 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 16 - September 14) stood at 34.1%, down from 35.9% over the previous 30 days (July 17 - August 15) and down from 35.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with First Class Realty Inc.
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