426 University Ave 1606

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426 University Ave 1606, Downtown Toronto
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C3892416
MLSID
Contact Us
Property Description
Residences At Rcmi On University. Landmark Tower Built By Renowned Builder Tribute. On Top Of The Royal Canadian Military Institute. Gorgeous South Facing Sunshine Unit, 9 Ft Ceiling. Steps To U Of T, St. Patrick Subway Station, College, Etc. Walking Distance To Theaters, Restaurants, Eaton Center, Financial Centers! Walk Score 100! Large Balcony Over Looking City View And Far Away Ontario Lake View. Prime Dt Location With The Front Entrance On University.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-08-22 2023-09-07 17 $2,600 $2,650 Leased
2021-04-04 2021-04-22 19 $1,600 $1,600 Leased
2020-11-01 2021-01-27 87 $575,000 $535,000 Sold
2020-06-13 2020-10-31 140 $598,000 - Expired
Extras
Appliances: B/I Fridge, Stove, B/I Dishwasher, Washer & Dryer, All Elfs. Excellent Amenities: Party Room, Fully Equipped Fitness Room. Car Share Facilities And Abundant Bicycle Storage. 24 Hr Concierge.
Property Features
Arts Centre, Hospital, Library, Park, Public Transit, Rec Centre
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,145 (2017)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
KitchenFlat8.99' x 13.68'Laminate, Open Concept
LivingFlat8.99' x 13.68'Laminate, Window
DiningFlat6.59' x 13.68'Laminate, Combined W/Living, Picture Window
MasterFlat8.92' x 9.38'Laminate, Closet
OtherFlat4.99' x 16.34'Concrete Floor, South View
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
426 University Ave 1606 is a 1-bedroom 1-bathroom condo listed for sale at $489,000, which is $113,501 (18.8%) lower than the average sold price of $602,501 in the last 30 days (April 7 - May 6). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $865 (0.1%) compared to the previous 30 day period (March 8 - April 6) and down $28,451 (4.5%) from the same time one year ago.
Inventory Change
There were 1,967 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 7 - May 6), which is up 60.2% compared with the previous 30 day period (March 8 - April 6) and up 72.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,143) (1.4%) below asking price over the last 30 days (April 7 - May 6), which represents a $1,822 increase compared to the previous 30 day period (March 8 - April 6) and ($1,155) 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 1-bedroom condos in Downtown Toronto over the last 30 days (April 7 - May 6) stood at 30.9%, down from 55.9% over the previous 30 days (March 8 - April 6) and down from 67.8% 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 26 days when successfully sold over the last 30 days (April 7 - May 6), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Living Realty Inc., Brokerage
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