488 University Ave 3911
University, Downtown Toronto, M5G 0C1
FOR SALE
$890,000
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSC9392502
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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. Remarkable outdoor lounge/terrace area; indoor saltwater pool; techno gym; fitness & spinning studios; yoga & weights rooms; private event & dining rooms; steam & sauna. Close to major hospitals, Eaton Centre, Queen's park, great investment opportunity.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-08 | 2024-10-09 | 93 | $890,000 | - | Terminated |
Extras
All ELFs, high end B/I appliances, pot lights, three out set shower with digital system. Window coverings.
Nearby Intersections
University & Dundas (49)
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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 $320,764 (56.3%) higher than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) 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 (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Living Realty Inc.
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