426 University Ave 2501

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426 University Ave 2501, Downtown Toronto
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C4138866
MLSID
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Property Description
Prestigious Rcmi Condo On University Ave. 1+ Den Unit With Clear West View. Sophisticated Urban Design With Open Concept. 9 Ft. Ceiling. Steps To Subway, Street Car, U Of T, Financial District And Shopping. One Locker Included.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-07-12 2022-07-26 15 $3,500 $3,500 Leased
Extras
Fridge, Built-In Dishwasher, Cook Top With Oven, Built-In Microwave, Front Loaded Washer & Dryer, All Existing Electric Light Fixtures And Window Coverings.
Property Features
Arts Centre, Clear View, Hospital, Library, Public Transit
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,886 (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
LivingFlat10.93' x 12.66'Combined W/Dining, Laminate, Juliette Balcony
KitchenFlat6.10' x 12.66'Centre Island, Laminate, Granite Counter
MasterFlat9.25' x 11.02'Sliding Doors, Laminate
DenFlat7.58' x 10.93'Sliding Doors, Laminate
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
426 University Ave 2501 is a 1-bedroom 1-bathroom condo listed for sale at $659,000, which is $56,467 (9.4%) higher than the average sold price of $602,533 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $6,706 (1.1%) compared to the previous 30 day period (February 23 - March 23) and down $19,736 (3.2%) from the same time one year ago.
Inventory Change
There were 1,536 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 24 - April 22), which is up 11.4% compared with the previous 30 day period (February 23 - March 23) and up 49.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($7,920) (1.3%) below asking price over the last 30 days (March 24 - April 22), which represents a $2,521 increase compared to the previous 30 day period (February 23 - March 23) and ($3,215) 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 24 - April 22) stood at 43.0%, down from 44.2% over the previous 30 days (February 23 - March 23) and down from 74.1% 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 (March 24 - April 22), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Master`S Choice Realty Inc., Brokerage
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