488 University Ave 5302

FOR SALE
$1,680,000
488 University Ave 5302, Downtown Toronto
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
488 University Ave 5302
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C9247891
MLSID
Contact Us
Property Description
Prime University/ Dundas Location! Only Few Years New World-Class Award-Winning Landmark Building. Rarely come out for sale Penthouse Unit !!! Luxury $$$ Spent High End Upgrade Executive Suite. 2Beds+Den( Can Be Used As A 3rd Bedroom ) +2Baths+Parking+180 sf huge Balcony. Fantastic Views, 10' Floor To Ceiling Windows.Master Suite retreat: 5 piece ensute bath ;W/I closets, spacious bedroom size! Wood Floor Throughout. Direct Access To The Subway From The Building. Steps To Uoft. Uhn Hospitals. Ryerson U( Toronto Metropolitan U ) . Financial District, Eaton Centre, 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
2023-05-01 2023-05-02 1 $4,800 $5,000 Leased
2020-05-22 2020-08-08 78 $4,880 $4,400 Leased
2020-01-30 2020-05-22 113 $4,950 - Terminated
Extras
Only A Few years New!Price Included:1 Valet Parking,Ensuite Laundry,High-End Appliances,Upgraded B/I Coffee Machine/Wine Fridge.Mirrored Tv in the master bathroom,Free Stand Bath Tub&Separate Shower Room. Custom Made Window Blinds& ALL ELFs
Nearby Intersections
Property Features
Arts Centre, Clear View, Hospital, Park, Public Transit, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$5,586 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive (Valet Parking)
Garage Type
Underground
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
488 University Ave 5302 is a 2-bedroom 2-bathroom condo listed for sale at $1,680,000, which is $913,926 (119.3%) higher than the average sold price of $766,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $7,530 (1.0%) compared to the previous 30 day period (September 21 - October 20) and down $40,072 (5.0%) from the same time one year ago.
Inventory Change
There were 1,204 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 12.5% compared with the previous 30 day period (September 21 - October 20) and up 7.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($20,452) (2.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,119 decrease compared to the previous 30 day period (September 21 - October 20) and ($21,092) 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 2-bedroom condos in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 47.6%, up from 33.4% over the previous 30 days (September 21 - October 20) and up from 34.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 61 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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