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    Empire Plaza
    by Creson Corporation

    33 University Avenue

    6for Sale
    2for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    28
    Number of Units:
    224
    Condo Completion:
    1990
    Condo Demand:
    Medium
    Unit Size Range:
    628 - 6,479 SQFT
    Unit Availability:
    Low
    Property Management:
    Icon Property Management

    Listing History for Empire Plaza

    Amenities

    Gym Room
    Rooftop Deck
    Visitor Parking
    Bike Storage
    Concierge
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 33 University AvenueEmpire Plaza

    It may come as a surprise to many that the first condo on Toronto’s prestigious University Avenue, which connects Queens Park and Union Station, was built relatively recently — in 1990. Today a landmark in its own right, the Creson Corporation’s Empire Plaza at 33 University Avenue Avenue are attractive luxury homes, even in comparison with the more recently built developments in the area.

    Standing at 28 storeys tall, the Empire Plaza was designed by the renowned Young + Wright Architects. This firm’s inventive design, a modern circular structure, showcases an enormous expanse of windows. A grand window wall encompassing almost all of the northwest face of the tower casts a stunning impression, allowing the designers to keep the rest of 33 University elegant and understated. In doing so, Young + Wright chose for most of the building to be clad in distinguished granite.

    33 University conveniently contains well-established shops and eateries At street level, as well as a sophisticated lobby, cared for by 24-hour concierge service. And that’s just one of the many amenities offered to those living in the Empire Plaza. For those who love to work out, residents will love having access to the building’s well-equipped fitness facilities. Prospective buyers who plan to host friends and family will be won over by the posh party room, as well as its rooftop garden that boasts captivating views of the city.

    The Suites

    The Empire Plaza's circular structure isn’t just beautiful — it’s practical too. The design carves out plenty of space for long series of windows, which then grace the building’s 224 suites with an abundance of natural light. This light moves quite well through the suites, courtesy of the thoughtful layouts of each living space. The homes range in size from approximately 550 to 3,200 square feet, and vary from one and two bedroom floor plans, with and without dens. And for those interested in Toronto condos for sale with a little more prestige, the building is also home to a select number of three-bedroom penthouses.

    As smart as the suites’ floor plans are, especially considering the chic solariums throughout, these condos feature state-of-the-art design their residents cannot see: the thick windows and innovative engineering reduces sound from both their neighbours in the building, as well as the bustling city streets surrounding them. As a result, even as deep in downtown Toronto as they are, these living spaces prove to be serene escapes for 33 University’s residents.

    The Neighbourhood

    Located in the City Centre neighbourhood at the corner of Yonge and Wellington, the neighbours of the Empire Plaza Condos happen to be some of Toronto’s most stalwart skyscrapers. Since these are much sought-after spaces that major businesses wish to inhabit, most of the shopping here is instead done underground. Fortunately, this underground mall known as the PATH is an extensive network of stores and eateries that stretches from Union Station all the way north past College Street.

    Nevertheless, residents can explore other areas beyond the immediate vicinity surrounding their homes: just up the street, there’s a exciting dining and nightlife scene to be discovered in the Entertainment District. Along King Street are the Royal Alexandra and Princess of Wales Theatres — both less than a block away from University Avenue, where theatre lovers can catch live performances. And at Simcoe Street, the Roy Thomson Hall is a concert venue that also happens to be home to the Toronto Symphony Orchestra and the Toronto Mendelssohn choir.

    Finally, for an indulgent dining experience, David Chang’s celebrated Momofuku is about a five-minute walk from the lobby doors, located inside the elegant Shangri-La Hotel on University between Richmond and Adelaide. Spanning 3-storeys, Momofuku caters to a different price point on every floor – but regardless of which level one chooses, the restaurant makes for a great date night in the neighbourhood.

    Transportation

    With the PATH running beneath their homes, residents live in a very walkable neighbourhood is very walkable — even in winter. Still, when those living at 33 University need to travel further from home, the city’s public transit serves them well. A subway line runs along University, yet deep below street level.

    As expected, this subway line is known as the Yonge-University-Spadina line. The station closest is Union Station, just a few minutes south by foot. A major transit hub in the city, Union Station provides access to streetcars that head through the Lakeshore area and around the downtown core. GO Transit, VIA Rail, and the UP Express are all housed within this station as well.

    Last but not least, the building is well located for residents who drive. University Avenue is an exceptionally wide roadway, especially for one that cuts across the downtown core. And, south of Front Street where University becomes York, there’s a convenient onramp for the Gardiner Expressway — often less than ten minutes away.

    6

    Listings For Sale

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    2

    Listings For Rent

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    Nearby Amenities

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    46,209
    Average Individual Income
    $70,450
    Average Household Size
    0 persons
    Average Age
    4
    Average Household Income
    $121,359
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    49%
    High Rise Apartment
    22%
    Semi Detached
    14%
    Low Rise Apartment
    8%
    Duplex
    5%
    Marital Status
    Commute
    Languages
    Cantonese
    5%
    Indigenous Language
    28%
    Tagalog
    1%
    Mandarin
    7%
    Tamil
    1%
    English
    47%
    Other
    11%
    Education
    High School
    25%
    Apprenticeship
    3%
    University and Above
    34%
    College
    16%
    University Below Batchelor
    2%
    None
    16%
    Major Field of Study
    Personal, Protective & Transportation Services
    3%
    Health & Related Fields
    11%
    Architecture & Engineering
    21%
    Humanities
    5%
    Physical Sciences
    5%
    Math & Computer Sciences
    7%
    Social Sciences
    11%
    Education
    5%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%
    Business Management
    24%

    Price Trends

    Building Trends At Empire Plaza

    Days on Strata

    Units at Empire Plaza spend an average of
    24
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    11
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    35th
    Highest price per SQFT out of 42 condos in the City Centre area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    24
    Units were Rented over the past twelve months

    Best Value Rank

    Empire Plaza offers the
    ?
    best value out of 42 condos in the City Centre neighbourhood

    Appreciation Rank

    Empire Plaza has the
    ?
    highest ROI out of 42 condos in the City Centre neighbourhood

    Rental Yield

    Empire Plaza yields the
    ?
    highest rent prices out of 42 condos in the City Centre neighbourhood

    High Demand

    Empire Plaza is the
    ?
    most popular building out of 42 condos in the City Centre neighbourhood

    Transaction Insights at 33 University Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$725,000$1,155,000$778,000 - $1,400,000$920,000No Data
    Avg. Cost Per SqftNo Data$828$857$558$628No Data
    Avg. Wait for Unit Availability513 Days75 Days305 Days133 Days1749 Days1417 Days
    Ratio of Units in Building8%37%18%35%3%2%

    Maintenance Fees

    Empire Plaza vs The City Centre Area

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