488 University Ave 5202
University, Downtown Toronto, M5G 0C1
FOR SALE
$1,565,000
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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 +2 Baths +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 6stars Building Amenities Include : Top Of The Line Valet Parking, 24 hrs 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 |
|---|---|---|---|---|---|
| 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, Free stand Bath Tub, custom made window blinds and all Elfs' .
Nearby Intersections
University & Dundas (49)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$5,184 (2023)
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 $1,565,000, which is $651,037 (71.2%) higher than the average sold price of $913,963 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $20,225 (2.3%) compared to the previous 30 day period (September 21 - October 20) and down $15,450 (1.7%) from the same time one year ago.Inventory Change
There were 219 3-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 3.5% compared with the previous 30 day period (September 21 - October 20) and up 13.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($20,684) (2.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $9,312 decrease compared to the previous 30 day period (September 21 - October 20) and ($20,658) 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 3-bedroom condos in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 45.2%, up from 35.2% over the previous 30 days (September 21 - October 20) and up from 27.5% 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 31 days when successfully sold over the last 30 days (October 21 - November 19), compared to 68 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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