426 University Ave 3507

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426 University Ave 3507, Downtown Toronto
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C4132654
MLSID
Contact Us
Property Description
"Rcmi" Fantastic Downtown Location, Steps To Financial District, Dundas/University Ttc, Art Gallery Of Ontario, Ocad, Hospital,"China Town, Eaton Center. Bright South Facing Suit With Chic Finish, 504 Sqft. 9' Ceiling, Sliding Door On Br, Large Kitchen With Granite Island.
Extras
B/I Stainless Steel Microwave, Fridge, Dish Washer, All Existing Window Coverings.
Property Features
Clear View, Hospital, Park, Public Transit, School
Property Details
Community
Property Type
Condo Apt, Multi-Level
Approximate Sq.Ft.
500-599
Taxes
$2,281 (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
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
426 University Ave 3507 is a 1-bedroom 1-bathroom condo listed for sale at $518,000, which is $85,045 (14.1%) lower than the average sold price of $603,045 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $4,444 (0.7%) compared to the previous 30 day period (February 25 - March 25) and down $19,478 (3.1%) from the same time one year ago.
Inventory Change
There were 1,630 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 26 - April 24), which is up 19.1% compared with the previous 30 day period (February 25 - March 25) and up 57.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,085) (1.3%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,619 increase compared to the previous 30 day period (February 25 - March 25) and ($2,921) 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 (March 26 - April 24) stood at 41.8%, down from 44.6% over the previous 30 days (February 25 - March 25) and down from 74.2% 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 27 days when successfully sold over the last 30 days (March 26 - April 24), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Best Union Realty Inc., Brokerage
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