488 University Ave 3509
University, Downtown Toronto, M5G 0C1
FOR SALE
$748,000
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BEDROOMS1
BATHROOMS1
KITCHENS4
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Property Description
Spectacular South Facing Cn Tower & Waterfront Views From Prime University/Dundas Location! Welcome To 488 University Ave, Top Of The Line Finishes, High-End Modern Kitchen Design With Marble Countertops & Integrated Appl. 9 Ft Ceilings, Floor To Ceiling Windows W' Lots Of Natural Light, New Custom Vanity, Spa Like Bath W' A Modern Touch. Direct Access To St-Patrick Subway Station.5-Star Hotel Level Amenities, A Must See. Walk To Hospitals, Financial District, Eaton Centre, U Of T, Ryerson, Yorkville, Queens Park, Top-Rated Walking Scores In The Heart Of The City.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-05-28 | 2021-05-31 | 3 | $1,950 | $1,950 | Leased |
| 2020-05-22 | 2020-05-25 | 3 | $2,150 | $2,150 | Leased |
Extras
5-Star Luxury Amenities, Please Make Sure To Visit - Some Photography Virtually Staged.
Nearby Intersections
University & Dundas (64)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$3,061 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 7.55' x 12.47' | South View, W/O To Terrace |
| Dining | Main | 7.55' x 12.47' | South View, W/O To Terrace |
| Kitchen | Main | 8.86' x 12.47' | B/I Appliances |
| Br | Main | 8.53' x 11.48' | Double Closet, Closet Organizers, 4 Pc Bath |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
488 University Ave 3509 is a 1-bedroom 1-bathroom condo listed for sale at $748,000, which is $181,923 (32.1%) higher than the average sold price of $566,077 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $8,316 (1.4%) compared to the previous 30 day period (July 20 - August 18) and down $49,628 (8.1%) from the same time one year ago.Inventory Change
There were 1,451 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 9.7% compared with the previous 30 day period (July 20 - August 18) and up 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,285) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $81 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,356) 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 (August 19 - September 17) stood at 35.1%, down from 35.4% over the previous 30 days (July 20 - August 18) and down from 36.8% 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 34 days when successfully sold over the last 30 days (August 19 - September 17), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Experts
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