426 University Ave 2503

FOR SALE
$820,000
426 University Ave 2503, Downtown Toronto
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
426 University Ave 2503
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C10420593
MLSID
Contact Us
Property Description
INVESTMENT OPPORTUNITY! CASH FLOW GENERATING PROPERTY! PRIME AND SOUGHT-AFTER LOCATION AT UNIVERSITY AND DUNDAS! POTENTIAL RENTAL INCOME UP TO $46,000 A YEAR! Very bright corner unit with a large balcony. This two-bedroom luxury condo in the heart of downtown on University Ave features 9ft smooth ceilings, a modern kitchen with integrated appliances, frosted glass doors for bedrooms and closets, and a large island with granite countertops. Building amenities include a 24-hour concierge and a fully equipped fitness facility. Steps to public transit and close to Toronto Eaton Centre, hospitals, and U of T.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-09 2024-11-12 126 $825,000 - Terminated
2021-05-25 2021-06-02 8 $699,900 $765,000 Sold
2018-11-20 2019-01-31 72 $2,495 - Expired
Nearby Intersections
Property Features
Clear View, Hospital, Public Transit
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,471 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingFlat11.52' x 13.42'Laminate, Sw View
DiningFlat11.52' x 13.42'Laminate, Centre Island, Open Concept
KitchenFlat6.17' x 13.42'Ceramic Floor, B/I Appliances, Stainless Steel Appl
BrFlat8.76' x 10.50'Laminate, Large Closet, W/O To Balcony
2nd BrFlat8.23' x 8.76'Large Closet, Large Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
426 University Ave 2503 is a 2-bedroom 1-bathroom condo listed for sale at $820,000, which is $57,910 (7.6%) higher than the average sold price of $762,090 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $4,489 (0.6%) compared to the previous 30 day period (September 24 - October 23) and down $59,463 (7.2%) from the same time one year ago.
Inventory Change
There were 1,098 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 24 - November 22), which is down 17.7% compared with the previous 30 day period (September 24 - October 23) and down 2.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($19,468) (2.6%) below asking price over the last 30 days (October 24 - November 22), which represents a $464 decrease compared to the previous 30 day period (September 24 - October 23) and ($20,368) 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 24 - November 22) stood at 51.5%, up from 37.5% over the previous 30 days (September 24 - October 23) and up from 37.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (October 24 - November 22), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Legacies Realty
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