488 University Ave 3509

FOR SALE
$748,000
488 University Ave 3509, Downtown Toronto
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
488 University Ave 3509
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C9011803
MLSID
Contact Us
Property Description
Spectacular South Facing Cn Tower & Waterfront Views From Prime University/Dundas Location! Welcome To 488 University Ave, Top Of The Line Finishes, High-End Modern Kitchen Design With Marble Countertops & Integrated Appl. 9 Ft Ceilings, Floor To Ceiling Windows W' Lots Of Natural Light, New Custom Vanity, Spa Like Bath W' A Modern Touch. Direct Access To St-Patrick Subway Station.5-Star Hotel Level Amenities, A Must See. Walk To Hospitals, Financial District, Eaton Centre, U Of T, Ryerson, Yorkville, Queens Park, Top-Rated Walking Scores In The Heart Of The City.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-05-28 2021-05-31 3 $1,950 $1,950 Leased
2020-05-22 2020-05-25 3 $2,150 $2,150 Leased
Extras
5-Star Luxury Amenities, Please Make Sure To Visit - Some Photography Virtually Staged.
Nearby Intersections
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$3,061 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain7.55' x 12.47'South View, W/O To Terrace
DiningMain7.55' x 12.47'South View, W/O To Terrace
KitchenMain8.86' x 12.47'B/I Appliances
BrMain8.53' x 11.48'Double Closet, Closet Organizers, 4 Pc Bath
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
488 University Ave 3509 is a 1-bedroom 1-bathroom condo listed for sale at $748,000, which is $178,764 (31.4%) higher than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.
Inventory Change
There were 1,261 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) 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 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Experts
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