4101 - 426 University Avenue

Nestled in the heart of Toronto, this stunning condo for sale in Toronto at 426 University Avenue, Toronto, offers an unbeatable core downtown location that is simply hard to match. This spacious one-bedroom plus den apartment, approximately 740 square feet in size, is a rare gem in the bustling city centre, providing a modern living experience that is both stylish and functional.

As you step into this delightful condo for sale in Toronto, you will be greeted by an inviting atmosphere, characterised by modern architecture and bright, airy spaces. The apartment boasts impressive nine-foot ceilings and floor-to-ceiling windows that flood the space with natural light, creating an open and welcoming environment. The versatile den is a fantastic feature, perfect for use as a second bedroom or a home office, catering to the needs of today’s urban dwellers.

The kitchen is a designer's dream, featuring a sleek granite island that not only enhances the aesthetic appeal but also provides ample space for meal preparation and casual dining. The flat-style kitchen is both practical and stylish, making it an ideal space for entertaining guests or enjoying a quiet meal at home. This condo for sale in Toronto has been impeccably maintained by its original owner, who has never rented it out, ensuring that it is in pristine condition for its new occupants.

Located on a high floor, this apartment offers unobstructed views that add to the sense of openness and tranquillity. The abundant natural light streaming in through the large windows enhances the overall living experience, making this condo for sale in Toronto a perfect retreat from the hustle and bustle of city life.

The building itself is constructed from durable concrete, ensuring longevity and a solid foundation. While there is no pool or fireplace, the amenities of the surrounding area more than make up for it. The location at 426 University Avenue, Toronto, places you just steps away from public transport, including the subway, as well as prestigious institutions such as the University of Toronto, the Art Gallery of Ontario (AGO), OCAD University, and Toronto Metropolitan University (TMU). Additionally, top hospitals are within easy reach, making this an ideal location for both students and professionals alike.

The Kensington-Chinatown community surrounding this condo for sale in Toronto is vibrant and diverse, offering a plethora of dining, shopping, and entertainment options right at your doorstep. Whether you fancy a quiet evening at home or a night out exploring the local nightlife, this location caters to all lifestyles.

Although the apartment is unfurnished, it provides a blank canvas for you to express your personal style and make it your own. With central air conditioning to keep you cool during the warmer months and forced air heating for the winter, you can enjoy comfort all year round.

This property does not include additional land, a garage, or parking space, which is typical for many urban condos. However, the convenience of the location means that you may find that you rarely need a car, as everything you could possibly need is within walking distance or easily accessible via public transport.

In summary, if you are searching for a condo for sale in Toronto that combines modern living with an unbeatable location, look no further than this remarkable apartment at 426 University Avenue, Toronto. With its spacious layout, contemporary features, and proximity to the best that Toronto has to offer, this property is an opportunity not to be missed. Don't hesitate to seize the chance to make this exceptional condo your new home!

Kensington-Chinatown, nestled in the heart of Toronto, is a vibrant and eclectic neighbourhood that beautifully melds cultural diversity with urban charm. Known for its bustling markets, unique shops, and an array of eateries offering flavours from around the globe, this area is a feast for the senses. The streets are alive with the sounds of street performers and the sights of colourful murals, reflecting the rich tapestry of its residents. With its close proximity to downtown, excellent public transport links, and a strong sense of community spirit, Kensington-Chinatown is an inviting locale for anyone seeking a lively and culturally rich environment to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest option is Orde Street Public School, just 0.6 km away, offering grades JK to 8 with a respectable school rating of 7.1. For older students, Kapapamahchakwew - Wandering Spirit School and St. Joseph's College School, both within 1.2 km, cater to grades 9 to 12, with St. Joseph's boasting a higher rating of 7.6. Ryerson Community School, also 1.2 km away, provides a French-language curriculum for grades JK to 8, although it has a lower rating of 3.8. Additionally, St. Mary Catholic School, located 1.6 km from the property, offers both elementary education in English and French, with a rating of 5.7. Overall, the area features a mix of public and Catholic schools, ensuring a range of educational options for children of all ages, which can be a significant advantage for potential buyers seeking a family-friendly neighborhood.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 917 residents, characterized by an average household size of 1.5 individuals. The demographic is relatively young, with an average age of 32.8 years. The average household income stands at $84,800, though 22.2% of the population is classified as low-income. The real estate market reflects a high average price of $690,000, with a significant proportion of the population being single at 66.29%. Households with children are less common, making up only 17.14% of the total. The community is notably diverse, with 42.7% of residents being immigrants. Renters dominate the housing landscape, comprising 74.4% of the population, and a substantial majority live in condominiums, which account for 86.4% of housing types. Education levels are high, with 76.92% of residents holding a college or university degree. However, a considerable portion of the population, 24.73%, is not in the labor force, indicating a mix of employment statuses within this vibrant community. Overall, this area presents a unique blend of youthful energy, diversity, and educational attainment, alongside challenges related to income and housing affordability.