426 University Ave 2503
University, Downtown Toronto, M5G 1S9
FOR SALE
$825,000
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BEDROOMS1
BATHROOMS1
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ROOMSC9019746
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Property Description
Very Bright Corner Unit With Large Balcony ,Two bedroom Luxury Condo In The Heart Of Downtown. On University Ave, Which Boasts 9Ft Smooth Ceilings, Modern Kitchen W/Integrated Appliances, Frosted Glass Doors For Bedroom And Closets, Large Island W/Granite Counter Tops, Building Amenities Include 24Hr Concierge & Fully Equipped Fitness Facility. Steps To Public Transit, Close To Toronto Eaton Centre, Hospitals & U Of T.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-05-25 | 2021-06-02 | 8 | $699,900 | $765,000 | Sold |
| 2018-11-20 | 2019-01-31 | 72 | $2,495 | - | Expired |
Nearby Intersections
Queen & University (114)
University & Dundas (64)
Property Features
Clear View, Hospital, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,471 (2023)
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 | 11.52' x 13.42' | Laminate, Sw View |
| Dining | Flat | 11.52' x 13.42' | Laminate, Centre Island, Open Concept |
| Kitchen | Flat | 6.17' x 13.42' | Ceramic Floor, B/I Appliances, Stainless Steel Appl |
| Br | Flat | 8.76' x 10.50' | Laminate, Large Closet, W/O To Balcony |
| 2nd Br | Flat | 8.23' x 8.76' | Large Closet, Large Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
426 University Ave 2503 is a 2-bedroom 1-bathroom condo listed for sale at $825,000, which is $52,032 (6.7%) higher than the average sold price of $772,968 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $14,819 (1.9%) compared to the previous 30 day period (July 20 - August 18) and down $18,011 (2.3%) from the same time one year ago.Inventory Change
There were 1,343 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 19.8% compared with the previous 30 day period (July 20 - August 18) and up 5.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,777) (2.2%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,507 increase compared to the previous 30 day period (July 20 - August 18) and ($10,656) 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 (August 19 - September 17) stood at 32.7%, down from 38.8% over the previous 30 days (July 20 - August 18) and up from 32.4% 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 31 days when successfully sold over the last 30 days (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Legacies Realty
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