426 University Ave 2502
Kensington-Chinatown, Downtown Toronto, M5G 1S9
FOR SALE
$499,000
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Property Description
Fantastic Urban Condo Built By 'Tribute'. Bright & Spacious. 9 Ft Ceiling. Modern Kit With B/I Appliances And Quartz Centre Island. Brand New Vinyl Flooring. Freshly Painted. Close to U of T, Ocad, Hospitals, St. Patrick Subway, Financial District, Shops & Restaurants.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-05-05 | 2022-05-12 | 7 | $2,100 | $2,100 | Leased |
| 2022-05-05 | 2022-05-12 | 7 | $2,100 | $2,100 | Leased |
| 2020-07-23 | 2020-08-13 | 22 | $1,860 | $1,860 | Leased |
| 2019-07-20 | 2019-07-22 | 4 | $2,200 | $2,200 | Leased |
Nearby Intersections
Queen & University (64)
University & Dundas (56)
Property Features
Arts Centre, Hospital, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,668 (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 | 8.79' x 16.01' | Vinyl Floor, Combined W/Dining, Juliette Balcony |
| Dining | Flat | 8.79' x 16.01' | Vinyl Floor, Combined W/Living, Open Concept |
| Kitchen | Flat | 6.23' x 16.01' | Vinyl Floor, Centre Island, B/I Appliances |
| Br | Flat | 8.99' x 8.83' | Vinyl Floor, Glass Doors |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
426 University Ave 2502 is a 1-bedroom 1-bathroom condo listed for sale at $499,000, which is $58,110 (10.4%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Crossroads Realty Inc.
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