426 University Ave 2609
Kensington-Chinatown, Downtown Toronto, M5G 1S9
FOR SALE
$539,000
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Property Description
Residences At RCMI Condo by Tribute Communities! ** 100 Transit Score & 99 Walk Score!** Approx 538sq.ft. 1 Bedroom Unit w/ Ton of Closet Space. 9' Floor-to-Ceiling Windows with Unobstructed Views o fDowntown Toronto. Open Concept Modern Kitchen With All Built In Appliances, Juliette Balcony, ** One Locker Inc.** TTC Subway Station At Your Doorsteps, Short walk to UofT, OCAD, Major Hospitals, CityHall, Eaton Centre, Financial District, Queen West's Restaurants and Shops. 2 Photos Are Virtually Staged.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-06 | 2024-09-15 | 71 | $568,000 | - | Expired |
| 2024-04-30 | 2024-07-06 | 67 | $608,000 | - | Terminated |
| 2022-06-11 | 2022-06-15 | 4 | $2,200 | $2,200 | Leased |
| 2020-06-05 | 2020-06-17 | 12 | $1,950 | $1,950 | Leased |
| 2019-05-01 | 2019-05-11 | 10 | $2,250 | $2,250 | Leased |
Extras
Built-In Fridge, Dishwasher, Cooktop, Microwave, Oven & Hood Fan. Stacked Washer & Dryer. All Window Coverings & All Light Fixtures. 1 Locker
Nearby Intersections
Queen & University (122)
University & Dundas (59)
Property Features
Clear View, Hospital, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,485 (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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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
426 University Ave 2609 is a 1-bedroom 1-bathroom condo listed for sale at $539,000, which is $36,075 (6.3%) lower than the average sold price of $575,075 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,318 (0.2%) compared to the previous 30 day period (August 6 - September 4) and down $40,408 (6.6%) from the same time one year ago.Inventory Change
There were 1,789 1-bedroom condos listed in Downtown Toronto over the last 30 days (September 5 - October 4), which is up 62.6% compared with the previous 30 day period (August 6 - September 4) and up 4.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($11,029) (1.9%) below asking price over the last 30 days (September 5 - October 4), which represents a $1,920 decrease compared to the previous 30 day period (August 6 - September 4) and ($7,551) 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 (September 5 - October 4) stood at 28.7%, down from 47.9% over the previous 30 days (August 6 - September 4) and up from 26.4% 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 30 days when successfully sold over the last 30 days (September 5 - October 4), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage New Concept
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