426 University Ave 3709
Kensington-Chinatown, Downtown Toronto, M5G 1S9
FOR SALE
$599,000
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Property Description
Luxury Residences At RCMI, Located in the Heart of Prestigious University Avenue Showcasing Panoramic Unobstructed View of the impressive Toronto Skyline! Well-Appointed, Highly Desirable 1 Bedroom Unit w/ Ton of Closet Space, 9' soaring Ceilings, Floor-to-Ceiling Windows & Juliette Balcony, St.Patrick Subway Station At Your Doorsteps, Short walk to UofT, OCAD, Hospitals, Financial District, Queens Park, Queen West, Restaurants & Eaton Centre, transit score 100, walk score 100, bike score 97! Perfect Location, Building is Very Quiet and beautifully Maintained. Unit shows to perfection, A must see!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-30 | 2024-05-30 | 30 | $618,900 | - | Terminated |
| 2024-02-22 | 2024-04-29 | 67 | $638,800 | - | Terminated |
| 2024-01-17 | 2024-02-23 | 37 | $649,800 | - | Terminated |
| 2019-04-10 | 2019-04-17 | 7 | $598,000 | $650,000 | Sold |
Nearby Intersections
Queen & University (48)
University & Dundas (41)
Property Features
Arts Centre, Hospital, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,959 (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 | 8.04' x 16.27' | Laminate, Juliette Balcony, Combined W/Dining |
| Dining | Flat | 8.04' x 16.27' | Laminate, Combined W/Living |
| Kitchen | Flat | 16.27' x 7.38' | Modern Kitchen, B/I Appliances, Open Concept |
| Prim Bdrm | Flat | 8.86' x 9.84' | Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
426 University Ave 3709 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 Royal Lepage Terrequity Portfolio Realty
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