426 University Ave 3201
University, Downtown Toronto, M5G 1S9
FOR SALE
$499,000
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BEDROOMS1
BATHROOMS1
KITCHENS6
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Property Description
Welcome to the Residences At RCMI by Tribute Communities. Great Opportunity for Both Investors and Individuals looking for Vibrant City Living. Stunning One plus One in the Heart of Downtown with Unobstructed view and tons of natural light. Huge Den that can be used as a Second BR or Office for the Work from Home Folks. Floor to Ceiling Window, Granite countertops. Versatile Large Island that can be used for Both Entertaining guests or as Breakfast Bar. Tons of Closet Space. Walking Distance to TTC - St. Patrick and Union Stn, U of T, TMU, OCAD, Osgoode Hall, Eaton Centre, Restaurants, Major Hospitals, Financial District, Entertainment District, Scotiabank Arena, Rogers Centre, Ripley's Aquarium, Queen's Park. This complex has an on-site mgmt. office, 24 hr security. The unit is unfurnished and Empty . The furniture shown in the photos has been removed.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-24 | 2024-12-04 | 41 | $599,000 | - | Terminated |
| 2024-09-07 | 2024-10-23 | 46 | $699,000 | - | Terminated |
| 2024-06-14 | 2024-09-06 | 84 | $748,000 | - | Terminated |
| 2023-11-05 | 2023-11-30 | 25 | $748,888 | - | Suspended |
| 2023-09-20 | 2023-11-04 | 45 | $768,000 | - | Suspended |
| 2023-09-05 | 2023-09-20 | 15 | $618,000 | - | Suspended |
| 2023-08-04 | 2023-09-01 | 28 | $628,000 | - | Suspended |
| 2019-06-17 | 2019-06-23 | 6 | $2,550 | - | Terminated |
| 2019-06-13 | 2019-06-23 | 10 | $688,000 | $683,000 | Sold |
| 2019-04-16 | 2019-06-17 | 62 | $2,700 | - | Terminated |
Extras
All B/I Appliances: Fridge, Cook Top Stove W/ Built-In Oven, Dishwasher. Microwave and Stacked Washer and Dryer. All Window Blinds & All Elf's.
Nearby Intersections
Queen & University (87)
University & Dundas (54)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,541 (2024)
Basement
None
Exterior
Brick
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 | 9.84' x 12.01' | Laminate, Window Flr to Ceil, Combined W/Dining |
| Dining | Flat | 9.84' x 12.01' | Laminate, Open Concept, Combined W/Living |
| Kitchen | Flat | 10.33' x 7.68' | Backsplash, B/I Appliances, Centre Island |
| Prim Bdrm | Flat | 10.01' x 10.33' | Laminate, Sliding Doors, Led Lighting |
| Den | Flat | 7.91' x 10.07' | Laminate, Sliding Doors, Led Lighting |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
426 University Ave 3201 is a 1-bedroom 1-bathroom condo listed for sale at $499,000, which is $64,690 (11.5%) lower than the average sold price of $563,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $430 (0.1%) compared to the previous 30 day period (November 19 - December 18) and down $16,899 (2.9%) from the same time one year ago.Inventory Change
There were 894 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 1.4% compared with the previous 30 day period (November 19 - December 18) and up 39.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,252) (2.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,023 decrease compared to the previous 30 day period (November 19 - December 18) and ($15,187) 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 1-bedroom condos in Downtown Toronto over the last 30 days (December 19 - January 17) stood at 38.0%, down from 53.5% over the previous 30 days (November 19 - December 18) and down from 54.6% 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 43 days when successfully sold over the last 30 days (December 19 - January 17), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Jdl Realty Inc.
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