2506-33 University Avenue, Toronto, ON
Bay Street Corridor, Toronto · MLS® C13436186
About this home
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.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13436186
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 1800-1999
- Cross streets
- University Ave. & Wellington St.
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,732/mo
- Exposure
- North West
- Property tax
- $5,939 / 2026
- Days on market
- 42
- Listing brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Rooms
open concept · laminate · combined w/living
stainless steel appl · laminate · pass through
window floor to ceiling · laminate · w/o to sunroom
window floor to ceiling · laminate
laminate · closet
mirrored closet · laminate · w/o to sunroom
double doors · laminate
walk-in closet(s) · 5 pc ensuite
Listed at $1,199,180, and my independent estimate is about 2% below comparable homes, worth a close look.
In Bay Street Corridor lately, sellers get about 96% of asking; homes sell in ~36 days.
Total price vs nearby homes. Fair value about $1.23M, median of 3 comparables.
How this estimate is builtthe short version
I take the 3 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.36M, a bit higher.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
Schools & getting aroundcatchment and transit
The assigned public school is Orde Street Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Based on 3 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homes41 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bay Street Corridor, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.
Mortgage amount $959,344 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,119
- Property tax
- $495
- Condo / maintenance fees
- $1,732
- Heating
- $0
- Estimated monthly cost
- $7,346
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,459
- Toronto municipal land transfer tax
- $20,459
- Estimated closing costs
- $40,917
Plus your down payment of $239,836. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $307,165
- Principal paid down
- $122,173
- Interest paid
- $184,992
- Balance remaining
- $837,171
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.