33 University Ave 1501
Bay Street Corridor, Downtown Toronto, M5J 2S7
FOR SALE
$688,800
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BEDROOMS2
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Property Description
Welcome to the prestigious Empire Plaza at 33 University Ave, located in the heart of Torontos vibrant Bay Street Corridor! This spacious 1+1 bedroom condo boasts 900-999 sq ft of thoughtfully designed living space, With one parking, perfect for professionals and investors alike. Great for investment in downtown $761 per sq ft Only! Featuring two well-appointed bathrooms and an open-concept, this unit offers a blend of style and functionality. The large den can easily serve as a second bedroom or a home office, catering to your work-from-home needs.Step into an inviting living space with an abundance of natural light, enhancing the modern finishes and neutral tones throughout. The building offers a host of amenities, including 24-hour concierge service, fitness facilities, and a rooftop terrace with stunning city views. Conveniently situated near Union Station, the PATH, financial district, entertainment options, and the waterfront, this location ensures youre at the center of Torontos best.Beautiful Hardwoods- Well Maintained Suite- Enjoy Living In The Heart Of The Financial District- Walk To Area Amenities: A C C, The Ritz, Rogers Centre, Ripley's Aquarium, Union Station & The P A T H - This building Has A No Dog & No Smoking Rulings.- . Move in and enjoy living in the heart of the city.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-06-18 | 2024-10-01 | 105 | $694,500 | - | Terminated |
2024-03-20 | 2024-06-18 | 90 | $698,000 | - | Terminated |
2023-01-31 | 2023-02-11 | 12 | $2,850 | $2,850 | Leased |
2020-12-19 | 2020-12-23 | 6 | $2,000 | $2,100 | Leased |
Nearby Intersections
York & Bremner (164)
Property Features
Hospital, Lake/Pond, Library, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,047 (2024)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (LEVEL F UNIT 20)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Flat | 3.38' x 11.98' | 2 Pc Bath, Closet |
Kitchen | Flat | 8.20' x 9.58' | Marble Floor, Pass Through |
Dining | Flat | 13.55' x 17.26' | Combined W/Living, Hardwood Floor |
Living | Flat | 17.26' x 17.26' | Hardwood Floor, Recessed Lights, Sliding Doors |
Solarium | Flat | 6.99' x 14.01' | East View, Window Flr to Ceil, Hardwood Floor |
Br | Flat | 13.68' x 20.70' | 4 Pc Ensuite, His/Hers Closets, Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
33 University Ave 1501 is a 1-bedroom 2-bathroom condo listed for sale at $688,800, which is $117,725 (20.6%) higher than the average sold price of $571,075 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $66 (0.0%) compared to the previous 30 day period (September 22 - October 21) and down $18,087 (3.1%) from the same time one year ago.Inventory Change
There were 1,248 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 22 - November 20), which is up 1.1% compared with the previous 30 day period (September 22 - October 21) and up 2.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($11,084) (1.9%) below asking price over the last 30 days (October 22 - November 20), which represents a $690 increase compared to the previous 30 day period (September 22 - October 21) and ($13,305) 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 1-bedroom condos in Downtown Toronto over the last 30 days (October 22 - November 20) stood at 50.1%, up from 42.6% over the previous 30 days (September 22 - October 21) and up from 34.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (October 22 - November 20), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Find Properties
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