426 University Ave W 3701
University, Downtown Toronto, M5G 1S9
FOR SALE
$649,000
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Property Description
Luxury Living Redefined Stylishly Updated Condo With Breathtaking Views! This Fully Updated Condo Features A Smart Layout With A Separate Entrance For Added Privacy. Soaring 9-Foot Ceilings Enhance The Spacious Feel, While A Large Den With A Door Serves As A Versatile Second Bedroom, Office, Or Nursery. The Spa-Like Bathroom Offers Double Sinks, Elegant Lighting & Custom Cabinetry With Ample Storage. The Primary Bedroom Comfortably Fits A Large Bed, & Custom-Built Closets Line The Hallway. A Sleek Kitchen Showcases High-End Appliances, While Fresh Paint, Luxury Engineered Hardwood, Modern Countertops, Elegant Light Fixtures & Custom Roller Blinds Make The Unit Feel Brand New. Floor-To-Ceiling Windows Frame Stunning, Unobstructed Lake & City Views A Perfect Backdrop For Downtown Living. RCMI Condos At 426 University Avenue Offers Unmatched Convenience With St. Patrick Station At Your Doorstep & Quick Access To The Financial District, Top Universities, World-Class Hospitals & The Entertainment District. With A 100 Transit Score & 99 Walk Score, Its Ideal For Professionals & Investors. This LEED-Certified Building Boasts Low Maintenance Fees & Is Surrounded By Top Dining, Cultural Landmarks & Green Spaces Like Queens Park & Grange Park. Residents Can Also Join The Historic Royal Canadian Military Institute (RCMI) Club (Within The Building), A Distinguished Private Club Offering Exclusive Dining, A Refined Lounge, Event Spaces & A Renowned Military Library. This Is The Best Unit In The Building Fully Updated, Move-In Ready & Offered At An Incredible Price Per Square Foot. No Renovations Needed, Just Unpack & Enjoy Luxury Living With Unmatched Views, High-End Finishes & A Prime Downtown Location. A Rare Opportunity You Don't Want To Miss!
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Nearby Intersections
Queen & University (48)
University & Dundas (41)
Property Features
Arts Centre, Hospital, Lake/Pond, Library, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,805 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Parking 2
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 9.84' x 11.84' | Juliette Balcony, Sw View, Window |
| Prim Bdrm | Flat | 10.53' x 9.97' | Sliding Doors |
| Kitchen | Flat | 7.22' x 13.45' | Stainless Steel Appl, Quartz Counter, Custom Backsplash |
| Den | Flat | 10.53' x 8.40' | Sliding Doors, Separate Rm |
| Dining | Flat | 9.84' x 11.84' | Open Concept, Combined W/Living, Breakfast Bar |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
426 University Ave W 3701 is a 1-bedroom 1-bathroom condo listed for sale at $649,000, which is $91,890 (16.5%) 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 Sage Real Estate Limited
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