426 University Ave 2702
University, Downtown Toronto, M5G 1S9
FOR SALE
$599,000

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Property Description
Experience The Best Of City Living With This Stunning One Bedroom Luxury Condo In The Heart Of Toronto Downtown Core. Large One Bedroom Unit In The Building With West View. Laminate Throughout. Just steps away from the subway, U of T. OCAD, Hospitals, University Health Network, Financial District, shops and restaurants, making it the epitome of convenience. The open concept space boasts a modern kitchen, central island, Granite Countertop, perfect for both cooking and entertaining. Enjoy unobstructed views that stretch far and wide, providing an ever-changing cityscape right from your living room. The unique and prestigious RCMI condos, a testament to luxury living in the city. Don't miss your chance to live at the center of it all. Very Practical Layout. Sun Filled And Modern. This Condo Is Conveniently Situated Next To The Subway For Easy Access To Transportation.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-11-25 | 2023-12-06 | 11 | $2,350 | $2,350 | Leased |
2023-11-03 | 2023-11-25 | 22 | $2,650 | - | Terminated |
2022-09-26 | 2022-09-28 | 2 | $2,500 | $2,500 | Leased |
2020-04-06 | 2020-04-17 | 11 | $2,000 | $2,000 | Leased |
Nearby Intersections
Queen & University (48)
University & Dundas (41)
Property Features
Arts Centre, Clear View, Hospital, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,334 (2025)
Basement
None
Exterior
Concrete
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 | 8.69' x 15.98' | Laminate, Combined W/Kitchen, West View |
Dining | Flat | 8.66' x 15.98' | Laminate, Combined W/Kitchen, Open Concept |
Kitchen | Flat | 6.17' x 15.98' | Laminate, Centre Island, Granite Counter |
Br | Flat | 8.99' x 9.55' | Laminate, Sliding Doors |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
426 University Ave 2702 is a 1-bedroom 1-bathroom condo listed for sale at $599,000, which is $41,890 (7.5%) higher 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 Homelife Landmark Realty Inc.
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