426 University Ave 2310
University, Downtown Toronto, M5G 1S9
FOR SALE
$599,888
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Property Description
Welcome to the Iconic RCMI Condo by Tribute, located on the historic grounds of the Royal Canadian Military Institute. This impressive 1+1 bedroom, 1-bathroom unit feels more like a 2-bedroom, as the den is fully enclosed with a closet and door, and comfortably fits a queen-sized bed ideal as either a second bedroom or a spacious work-from-home office. Step inside to experience modern urban living at its finest. With 9-foot smooth ceilings and floor-to-ceiling windows, this condo is bathed in natural light. The stylish kitchen is equipped with built-in stainless-steel appliances, elegant granite countertops, and laminate flooring, while the private balcony offers stunning city views. Nestled in the heart of Toronto, this condo boasts unparalleled convenience. You're within walking distance of St. Patrick Subway (University & Dundas), nearby top hospitals, the University of Toronto, Toronto Metropolitan University, the Eaton Centre, the Financial District, and Chinatown. With a Walk Score of 99 and a Transit Score of 100, the best of the city is right at your doorstep. Seize the chance to live in a prime downtown location with everything you need just steps away. Book your private viewing today!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-08-06 | 2024-10-31 | 86 | $2,750 | - | Terminated |
2024-08-06 | 2024-10-31 | 86 | $699,000 | - | Terminated |
2022-07-04 | 2022-07-18 | 14 | $2,850 | $2,950 | Leased |
2021-05-16 | 2021-07-07 | 52 | $2,300 | $2,300 | Leased |
2020-05-27 | 2020-08-01 | 67 | $2,350 | $2,300 | Leased |
Nearby Intersections
Queen & University (102)
University & Dundas (56)
Property Features
Arts Centre, Hospital, Library, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,078 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Flat | 11.38' x 11.58' | Open Concept, Combined W/Kitchen, W/O To Balcony |
Dining | Flat | 6.89' x 7.09' | Open Concept, Combined W/Kitchen, Laminate |
Kitchen | Flat | 6.10' x 11.48' | Centre Island, Centre Island, Granite Counter |
Prim Bdrm | Flat | 8.89' x 9.71' | Double Doors, Laminate, Sliding Doors |
2nd Br | Flat | 8.30' x 8.89' | Double Doors, Laminate, Sliding Doors |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
426 University Ave 2310 is a 2-bedroom 1-bathroom condo listed for sale at $599,888, which is $159,139 (21.0%) lower than the average sold price of $759,027 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $3,740 (0.5%) compared to the previous 30 day period (October 3 - November 1) and down $62,725 (7.6%) from the same time one year ago.Inventory Change
There were 1,105 2-bedroom condos listed in Downtown Toronto over the last 30 days (November 2 - December 1), which is down 11.4% compared with the previous 30 day period (October 3 - November 1) and down 4.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($17,740) (2.3%) below asking price over the last 30 days (November 2 - December 1), which represents a $696 increase compared to the previous 30 day period (October 3 - November 1) and ($20,535) more 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 (November 2 - December 1) stood at 48.5%, up from 42.7% over the previous 30 days (October 3 - November 1) and up from 35.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (November 2 - December 1), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Ltd.
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