488 University Ave 5202
Kensington-Chinatown, Downtown Toronto, M5G 0C1
FOR SALE
$1,495,000
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Property Description
Prime University/ Dundas! World-Class Award-Winning Landmark Building, Direct Access To Subway. Luxury $$$ Spent High End Upgrade. Executive Suite, 1042Sqft Interior And 180Sqft Balcony With A Total Of 1222Sqft Of Living Space. 3 Beds +2Baths +1 Valet Parking+ Balcony! Fantastic Views, 9' Floor To Ceiling Windows. Wood Floor Throughout. Steps To U of T. Uhn Hospitals, Ryerson U (Toronto Metropolitan U), Financial District, Eaton Center, Queens Park, College Park Shops. World Class 6 stars Building Amenities Include: Top Of The Line Valet Parking, 24hrs concierge, Fitness Centre With Spa, indoor pool, Party Room, Sky Bar & More!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-06-22 | 2024-12-31 | 192 | $1,565,000 | - | Expired |
2024-06-21 | 2024-11-30 | 162 | $5,800 | - | Expired |
2022-05-30 | 2022-06-14 | 18 | $4,500 | $4,800 | Leased |
2020-08-14 | 2020-09-28 | 45 | $4,300 | $4,200 | Leased |
2020-01-30 | 2020-02-08 | 10 | $4,300 | $4,200 | Leased |
Extras
Purchase Price Included: 1 Valet Parking Right, all existing Appliances, Upgrade Mirror Tv In Master Bath, Freestand Bath Tub, All Elfs' and all customer made Blinds.
Nearby Intersections
University & Dundas (61)
Property Features
Arts Centre, Clear View, Hospital, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$5,184 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive (1 Valet Parking)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 12.30' x 16.01' | Open Concept, Hardwood Floor, Ne View |
Dining | Main | 12.30' x 15.58' | Combined W/Kitchen, Hardwood Floor, W/O To Balcony |
Kitchen | Main | 12.30' x 15.58' | Centre Island, B/I Appliances, Modern Kitchen |
Prim Bdrm | Main | 10.01' x 11.68' | 5 Pc Ensuite, W/I Closet, Window Flr to Ceil |
2nd Br | Main | 8.99' x 9.28' | Window Flr to Ceil, Closet, Hardwood Floor |
3rd Br | Main | 8.99' x 9.09' | Closet, Hardwood Floor, Sliding Doors |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
488 University Ave 5202 is a 3-bedroom 2-bathroom condo listed for sale at $1,495,000, which is $616,156 (70.1%) higher than the average sold price of $878,844 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $3,928 (0.4%) compared to the previous 30 day period (November 19 - December 18) and down $48,028 (5.2%) from the same time one year ago.Inventory Change
There were 147 3-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is up 6.5% compared with the previous 30 day period (November 19 - December 18) and up 38.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($34,368) (3.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $7,202 decrease compared to the previous 30 day period (November 19 - December 18) and ($37,120) 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 3-bedroom condos in Downtown Toronto over the last 30 days (December 19 - January 17) stood at 40.8%, up from 39.1% over the previous 30 days (November 19 - December 18) and down from 49.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Downtown Toronto stood at 44 days when successfully sold over the last 30 days (December 19 - January 17), compared to 77 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Vicky Hsu Group Realty
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