488 University Ave 5202

FOR SALE
$1,565,000
488 University Ave 5202, Downtown Toronto
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
488 University Ave 5202
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C8469480
MLSID
Contact Us
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!
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
Property Details
Community
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
Room Summary
RoomLevelSizeFeatures
LivingMain12.30' x 16.01'Open Concept, Hardwood Floor, Ne View
DiningMain12.30' x 15.58'Combined W/Kitchen, Hardwood Floor, W/O To Balcony
KitchenMain12.30' x 15.58'Centre Island, B/I Appliances, Modern Kitchen
Prim BdrmMain10.01' x 11.68'5 Pc Ensuite, W/I Closet, Window Flr to Ceil
2nd BrMain8.99' x 9.28'Window Flr to Ceil, Closet, Hardwood Floor
3rd BrMain8.99' x 9.09'Closet, Hardwood Floor, Sliding Doors
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 $778,848 (99.1%) higher than the average sold price of $786,152 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto declined by $58,081 (6.9%) compared to the previous 30 day period (July 20 - August 18) and down $196,964 (20.0%) from the same time one year ago.
Inventory Change
There were 252 3-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 28.6% compared with the previous 30 day period (July 20 - August 18) and up 43.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($14,850) (1.9%) below asking price over the last 30 days (August 19 - September 17), which represents a $16,028 increase compared to the previous 30 day period (July 20 - August 18) and ($31,772) 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 (August 19 - September 17) stood at 31.3%, down from 31.6% over the previous 30 days (July 20 - August 18) and down from 38.1% 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 29 days when successfully sold over the last 30 days (August 19 - September 17), compared to 64 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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