$1,199,180 - 33 University Avenue Unit 2506, Downtown Toronto
Condo for Sale in Downtown Toronto
New — Listed yesterday- MLS Number
- C13436186
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Anchoring Toronto's most prominent avenue with striking architectural presence, the Empire Plaza at 33 University Ave rivals the design prestige and elite positioning of the area's most celebrated residential and hospitality landmarks, including the Shangri-La and Fairmont Royal York. Envisioned by the award-winning Young & Wright Architects, the building's contoured circular facade of carmen red granite and tinted blue glass commands the city horizon in the heart of the financial, entertainment, and sports districts. Positioned on a prestigious high-floor collection, Suite 2506 encompasses appx1,821 sf of meticulous carpet-free sanctuary within an exceptionally functional 3+1 bedroom layout. An extraordinary oversized solarium offers the ultimate flexible footprint for a quiet workspace or family lounge. Tailored for the sophisticated urbanite who craves spectacular views and abundant natural light, the primary living space is captivated by a magnificent 30-foot expanse of floor-to-ceiling glass, revealing a breathtaking metropolitan vista unmatched in such a premier location. The modern chef's kitchen featuring premium stainless steel appliances and extensive L-shape counters, transitions seamlessly into a bright and airy dining space. Reimagined as private spa retreats, the pristine white bathrooms showcase quartz double vanities, frameless glass rainfall showers, and organic freestanding soaking tubs with floor fillers. Tailored climate comfort is effortlessly maintained year-round via zoned, individual heat pumps. The upscale amenities refine an elevated lifestyle. A 24h concierge/security, free visitor parking, an on-site hair salon, and a ground-floor café. Residents can unwind on landscaped rooftop terrace or host events in exclusive party room with dining & entertainment. Automated common areas provide high-speed Wi-fi connectivity. Owned convenient P2 parking & locker room. Welcome to a truly one-of-a-kind luxury living experience in iconic Empire Plaza.
Estimate your monthly payments for this property
Estimated Payment
$5,304.38/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
33 University Avenue Unit 2506, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $666/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downtown Toronto. Good resale value as demand remains consistent.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,997 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.