488 University Ave 3911
University, Downtown Toronto, M5G 0C1
FOR SALE
$890,000
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSC9017049
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Property Description
Stunning unobstructed view. Prime location with direct access to St Patrick TTC subway station. 9 Ft ceiling, high end appliances. Walk-in closet. Fashionable updated bathroom with large bath tub. Close to major hospitals, Eaton Centre, Queen's park, great investment opportunity.
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Extras
All ELFs, high end B/I appliances, pot lights, three out set shower with digital system. Window coverings.
Nearby Intersections
University & Dundas (66)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,455 (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 |
|---|---|---|---|
| Kitchen | Main | 10.17' x 10.01' | Quartz Counter, Stainless Steel Appl, Hardwood Floor |
| Den | Main | 5.25' x 10.01' | Sliding Doors, Hardwood Floor, Separate Rm |
| Dining | Main | 10.17' x 16.47' | Combined W/Living, Hardwood Floor, Open Concept |
| Living | Main | 10.17' x 16.47' | Combined W/Dining, Hardwood Floor, W/O To Balcony |
| Prim Bdrm | Main | 10.01' x 10.01' | Large Window, Hardwood Floor, B/I Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
488 University Ave 3911 is a 1-bedroom 1-bathroom condo listed for sale at $890,000, which is $324,016 (57.2%) higher than the average sold price of $565,984 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $13,085 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $49,802 (8.1%) from the same time one year ago.Inventory Change
There were 1,473 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 6.3% compared with the previous 30 day period (July 17 - August 15) and up 0.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,793) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $71 decrease compared to the previous 30 day period (July 17 - August 15) and ($6,422) 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 16 - September 14) stood at 34.1%, down from 35.9% over the previous 30 days (July 17 - August 15) and down from 35.6% 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 33 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Living Realty Inc.
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