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 |
|---|---|---|---|---|---|
| 2024-07-26 | 2024-10-19 | 85 | $618,000 | - | Terminated |
| 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 (114)
University & Dundas (55)
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 $51,096 (9.0%) higher than the average sold price of $566,904 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $5,539 (1.0%) compared to the previous 30 day period (September 1 - September 30) and down $35,117 (5.8%) from the same time one year ago.Inventory Change
There were 1,279 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 22.4% compared with the previous 30 day period (September 1 - September 30) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,643) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,087 decrease compared to the previous 30 day period (September 1 - September 30) and ($9,800) 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 (October 1 - October 30) stood at 45.2%, up from 27.7% over the previous 30 days (September 1 - September 30) and up from 30.2% 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 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with First Class Realty Inc.
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