3201 - 426 University Avenue

Introducing an exceptional opportunity to own a stunning condo for sale in Toronto , located at 426 University Avenue, Toronto. This remarkable 740 sq ft apartment is situated in the heart of the vibrant Kensington-Chinatown community, offering an enviable urban lifestyle that is perfect for both investors and those seeking to immerse themselves in the dynamic city life.

As you step into this bright and spacious 1+1 den unit, you will immediately be captivated by the floor-to-ceiling windows that flood the space with natural light, showcasing breathtaking views of the cityscape. The unobstructed vistas are truly a highlight of this condo for sale in Toronto, providing a picturesque backdrop to your daily life. The oversized den is a versatile space, large enough to function as a second bedroom or an ideal home office for those who work remotely. This feature adds to the overall appeal of the property, making it a practical choice for various lifestyles.

The modern kitchen is designed with functionality in mind, featuring elegant granite countertops that exude sophistication. The generously sized island serves not only as a breakfast bar but also as a perfect space for entertaining guests. The open-concept layout enhances the flow of the living area, making it an inviting space for both relaxation and social gatherings. With a total of six rooms, including one bedroom and one den, this condo for sale in Toronto offers ample closet and storage space, ensuring that you have everything you need at your fingertips.

It is important to note that while this property boasts numerous desirable features, it does not include a pool, fireplace, or central vacuum system. Additionally, there is no garage space or parking available, which may be a consideration for potential buyers. However, the advantages of this location far outweigh these limitations. The condo is equipped with central air conditioning, ensuring comfort throughout the year, and high-speed internet access is readily available, making it perfect for modern living.

The unbeatable location of 426 University Avenue, Toronto, places you just steps away from St. Patrick TTC station, providing easy access to public transport. You will find yourself within walking distance of esteemed institutions such as the University of Toronto, Toronto Metropolitan University, and OCAD. The bustling Eaton Centre, along with the Financial and Entertainment Districts, is also nearby, ensuring that you are never far from the action. For sports enthusiasts, the Scotiabank Arena and Rogers Centre are just a short stroll away, while family-friendly attractions like Ripley’s Aquarium and Queens Park are also within easy reach.

This condo for sale in Toronto is vacant and move-in ready, allowing you to settle in without delay. The vibrant Kensington-Chinatown community offers a unique blend of cultural experiences, dining options, and shopping, making it one of Toronto's most sought-after locations. Don’t miss this incredible opportunity to own a piece of this thriving neighbourhood at 426 University Avenue, Toronto.

In summary, this property represents a rare find in the competitive Toronto real estate market. With its spacious layout, modern amenities, and prime location, it is a must-see for anyone looking to invest in a condo for sale in Toronto. Whether you are a first-time buyer or an experienced investor, this property at 426 University Avenue, Toronto, promises to deliver both comfort and convenience in one of the city’s most vibrant areas. Seize this chance to make it your own!

Kensington-Chinatown is a vibrant and eclectic neighbourhood in Toronto, renowned for its rich cultural tapestry and bustling atmosphere. Nestled just west of the downtown core, this area seamlessly blends the historic charm of Kensington Market with the lively energy of Chinatown. Strolling through its streets, you'll encounter an array of colourful shops, diverse eateries offering authentic international cuisine, and a lively market scene that showcases local artisans and fresh produce. The neighbourhood is characterised by its unique architecture, from Victorian houses to traditional Chinese storefronts, creating a visually captivating environment. With a strong sense of community spirit and a plethora of cultural events, Kensington-Chinatown offers a dynamic urban experience that appeals to residents seeking both vibrancy and diversity.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of academic needs. The closest is Orde Street Public School, just 0.2 km away, which offers elementary education from Junior Kindergarten to Grade 8 and boasts a commendable school rating of 8.4. For older students, Jarvis Collegiate Institute, located 1.3 km from the property, provides high school education (Grades 9 to 12) but has a lower rating of 3.8. Another nearby elementary option is Lord Lansdowne Junior Public School, 0.9 km away, which offers French language instruction but currently has a school rating of 0. Our Lady of Lourdes Catholic School, situated 1.5 km away, provides a Catholic education for Grades JK to 8 with a rating of 6.7. St. Joseph's College School, located 0.5 km from the property, offers Catholic high school education and has a rating of 7.2. Lastly, St. Mary Catholic School, at a distance of 1.9 km, serves younger students (JK to 4) with a rating of 5.9. Overall, this area provides a diverse range of schooling options, ensuring quality education for families.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,002 residents, with an average household size of 1.7. The demographic profile indicates a relatively young community, with an average age of 34.9 years. The average household income stands at $55,200, but a significant portion of the population, 29.8%, is classified as low-income. A notable 68.75% of the residents are single, while 25% of households include children. The community is diverse, with 38.74% of the population being immigrants. Renters dominate the housing market, comprising 100% of households, and 20% of the residences are condominiums. Education levels are high, with 74.1% of the population holding a college or university degree. However, a considerable segment of the population, 33.73%, is not participating in the labor force. This demographic snapshot reveals a vibrant yet economically challenged community, characterized by a youthful and educated population, high rental rates, and a significant proportion of single individuals and immigrants.