488 University Ave 5302
University, Downtown Toronto, M5G 0C1
FOR SALE
$1,680,000
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BEDROOMS2
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Property Description
Prime University/ Dundas Location! Only Few Years New World-Class Award-Winning Landmark Building. Rarely come out for sale Penthouse Unit !!! Luxury $$$ Spent High End Upgrade Executive Suite. 2Beds+Den( Can Be Used As A 3rd Bedroom ) +2Baths+Parking+180 sf huge Balcony. Fantastic Views, 10' Floor To Ceiling Windows.Master Suite retreat: 5 piece ensute bath ;W/I closets, spacious bedroom size! Wood Floor Throughout. Direct Access To The Subway From The Building. Steps To Uoft. Uhn Hospitals. Ryerson U( Toronto Metropolitan U ) . Financial District, Eaton Centre, Queens Park, College Park Shops. World Class 6stars Building Amenities Include : Top Of The Line Valet Parking, 24 hrs concierge, Fitness Centre With Spa, indoor pool , Party Room, Sky Bar & More!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-05-01 | 2023-05-02 | 1 | $4,800 | $5,000 | Leased |
2020-05-22 | 2020-08-08 | 78 | $4,880 | $4,400 | Leased |
2020-01-30 | 2020-05-22 | 113 | $4,950 | - | Terminated |
Extras
Only A Few years New!Price Included:1 Valet Parking,Ensuite Laundry,High-End Appliances,Upgraded B/I Coffee Machine/Wine Fridge.Mirrored Tv in the master bathroom,Free Stand Bath Tub&Separate Shower Room. Custom Made Window Blinds& ALL ELFs
Nearby Intersections
University & Dundas (58)
Property Features
Arts Centre, Clear View, Hospital, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$5,586 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive (Valet Parking)
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
488 University Ave 5302 is a 2-bedroom 2-bathroom condo listed for sale at $1,680,000, which is $920,126 (121.1%) higher than the average sold price of $759,874 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $5,140 (0.7%) compared to the previous 30 day period (October 18 - November 16) and down $46,119 (5.7%) from the same time one year ago.Inventory Change
There were 809 2-bedroom condos listed in Downtown Toronto over the last 30 days (November 17 - December 16), which is down 34.9% compared with the previous 30 day period (October 18 - November 16) and up 15.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($17,893) (2.4%) below asking price over the last 30 days (November 17 - December 16), which represents a $2,039 increase compared to the previous 30 day period (October 18 - November 16) and ($25,154) 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 (November 17 - December 16) stood at 57.7%, up from 45.8% over the previous 30 days (October 18 - November 16) and up from 54.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 37 days when successfully sold over the last 30 days (November 17 - December 16), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Vicky Hsu Group Realty
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