The United Bldg. Condos

$668,990 - $4,079,990
Special Incentives

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Special Incentives · $668,990 - $4,079,990
Final Release. Huge Incentives - 2 Year Rental Guarantee, Capped Closing Costs & More
The United Bldg. Condos is a new condominium development by Davpart Inc. currently under construction located at 481 University Avenue, Toronto in the Discovery District neighbourhood with a 99/100 walk score and a 100/100 transit score. The United Bldg. Condos is designed by B+H Architects & ERA Architects and will feature interior design by Tomas Pearce Interior Design Consulting Inc.. Development is scheduled to be completed in 2025. The project is 55 storeys tall and has a total of 748 suites ranging from 279 sq.ft to 1539 sq.ft. Suites are priced from $668,990 to $4,079,990.
THIS PROJECT
$2207/sq.ft
NEIGHBOURHOOD AVERAGE
$1923/sq.ft
CITY AVERAGE
$1247/sq.ft
Total Floor Plans
100 (35 Available)
Price Range
$668,990 - $4,079,990
Avg. Price per Foot
$2,207/sq.ft

All prices, availability, figures and materials are preliminary and are subject to change without notice. E&OE 2021
Floor Premiums apply, please speak to sales representative for further information.

Key Information

Location
481 University Avenue
,
Developer
Completion
2025
Sales Status
Special Incentives
Development Status
Under Construction
Building Type
Condo
Price Range
$668,990 to
$4,079,990
Suite Sizes
279 sq.ft to
1539 sq.ft
Avg. Price per Foot
$2,207/sq.ft
Parking
Included (1)
Locker Price
-
Mt. Fees ($ per sq.ft.)
$0.75
Deposit Structure

(10% + 5%)

$10,000.00 On Signing

Balance to 5% - 300 days

5% - 500 days

5% - Occupancy

Top Reasons to Invest at The United Bldg.

1. Rarely Offered Direct Connection to the Subway
Proximity to Subway is one of the first items we look for when evaluating a new condominium. Direct connection is a huge bonus and is very rarely offered. This unique feature will help set United apart from the other condo projects.


2. Rarely Offered University Avenue Location
Residential buildings along University Avenue are relatively rare (especially when compared to Yonge Street, the other Subway corridor in Toronto). Besides The Residences at the Shangri La and 488 University, there is limited options of a new condominium in this prime corridor.


3. Steps to 5 Major Universities
The Hospitals of Toronto are some of the best medical facilities in the World and employ thousands of people. 481 University is just steps to the major hospitals and research centres including Toronto General Hospital, SickKids, Princess Margaret, Mount Sinai and Women’s College.

This makes up a huge pool of potential tenants and buyers for a very limited number of high quality residential real estate in close proximity.


4. Connected to 220,000 sq.ft. office space
The United Bldg. will feature 220,000 sq.ft. of office space. This will be brand new high tech office space in one of Toronto’s most central and prime locations which should attract excellent companies to set up shop.

The tenant pool for people living within the same building will be a unique opportunity for investors at 481 University.


5. A very very very prime location
The term Prime Location sometimes gets thrown around a little too loosely. University and Dundas offers everything you would want; it is centrally located and offers quick access to all of Toronto’s most sought after amenities.

The site features a practically perfect 99/100 WalkScore and 100/100 TransitScore.


About The United Bldg.
The United Bldg. will be a mixed use 55-storey tower located at 481 University (Dundas & University) in a very prime area of Downtown Toronto.

The 55 Storey tower is fully zoned and approved and will include 748 residential condominiums, over 220,000 sq.ft. of office space and over 30,000 sq.ft. of retail space.

Bachelor Suites - 134
1 Bedroom Suites - 328
2 Bedroom Suites - 219
3+ Bedroom Suites - 67


Heritage Restoration
The United Bldg. will conserve the facades of the building at 481 University and 210 Dundas Street West, originally built in 1912.


Direct Subway Access
One of The United Bldg.’s most sought after features is a direct connection to the Subway. Residences will be able to get to the Dundas TTC Subway Station without going outside.

This is a rare offering in condominiums in Downtown Toronto, and we often see premiums attached to both resale and rental rates for buildings with a direct connection.


Transit Oriented
We often advise our clients to consider transit oriented condominiums for investment. Proximity to a subway station is often one of the first items we look for when evaluating a site, and condos with direct access don’t come by very often.
Obviously with a direct subway connection, you have the entire City within reach with easy access to the the Financial District, the ACC, Yorkville, Eaton Centre, UofT, Ryerson University and so much more.


The Neighbourhood
University & Dundas is a prime intersection of Downtown Toronto with quick access to everything that makes living in Downtown so great.

The location has added benefits of being nearby major employment centres that make excellent long term rental tenants and will continue to help boost the value of the condominiums in this neighbourhood. Some of the key employment centres nearby include:

-University of Toronto
-Ryerson University
-Toronto’s Discovery District, home to 9 major Hospitals and research facilities
-MaRS Discovery District
-So Much More

The Neighbourhood has also seen an increase in new condominium developments increase the viability of the immediate area including highly popular projects such as: The Residences of 488 University, Artists’ Alley Condos,


View Corridors
NORTH: Immediately North of the The United Bldg. is a 20-storey office building (505 University & 136 Edward Street). Beyond this will views of Yorkville and beyond.

EAST: Across Centre Avenue is a 6 storey parking garage on the southern part of the block. The northern part of the block is a 15-storey office building (123 Edward Street)

SOUTH: To the south is a 5-storey office building, with stunning views towards the Shangri La, CN Tower and Lake Ontario beyond.

WEST: To the west will stand The Residences of 488 University, a 55-storey condominium tower.


B+H Architects
B+H Architects was founded in 1953 and are one of the largest architecture firms in the world with over 450 employees in offices in Toronto, Vancouver, Calgary, Seattle, Shanghai, Beijing, Hong Kong and many more.

Their Toronto based body of work includes some of the cities most notable buildings including CN Tower Redevelopment, Toronto Eaton Centre, TD Centre, First Canadian Place, RBC Centre, Brookfield Place among many others.


Davpart Developments
Davpart Inc. is a full service real estate investment and property management company established in 1993.

Their portfolio spans retail, office, industrial, residential and development and oversee a very large portfolio of real estate across multiple Cities in Canada,

Their Toronto based holdings include 481 University, 67 Yonge Street, 372 Bay Street, 4576 Yonge Street, 1910 Yonge Street, 1000 Gerrard Street East, 25 Adelaide Street East and 1 Eglinton Avenue East.

Davpart enjoyed huge success with their condo launch of Avro Condos at Allen Road & Sheppard Avenue.
  • Party Room with Kitchenette
  • 24 Hour Concierge Service
  • Hot Tubs
  • Outdoor BBQ & Dining Spaces
  • Theatre
  • Video Gaming Lounge
  • Pool with Fireplace
  • Dog Run and Indoor Pet Spa
  • Bocce Court
  • Sports Lounge with Billiards
  • Library
  • Fitness Centre
  • Bike Storage
  • Golf Simulator
  • Zen Garden & Courtyard
  • Pool Deck
  • Outdoor Yoga Deck
  • Idea Space
  • Sauna & Rain Room
THE SUITES
A wide variety of luxurious suite types and sizes including: 2-storey Loft Collection suites, Boulevard Collection suites, City Collection suites and Penthouse Collection suites with 9' ceilings. Quoted ceiling heights are exclusive of bulkheads required for mechanical purposes such as kitchen and bathroom exhausts, heating and cooling ducts and sprinklers.
- Choice of designer selected pre-finished engineered woods in living/dining, bedroom and den areas, as per builder's standard samples.
- Solid core entry door with security view-hole.
- Sliding doors and/or swing doors to balcony or terrace as per plans.
- Designer selected baseboards, door frames and casings.
- Insulated double-glazed, aluminum windows.
- Stacked washer/dryer with exterior venting in all suites.

THE KITCHENS
- Miele appliance package including 24" Miele ceramic cook-top and 24" Miele Pureline speed oven, Miele Futura series 24" integrated dishwasher, 24" Miele integrated refrigerator/ freezer and a Miele Integrated cooktop exhaust fan.
- Contemporary kitchen cabinetry custom designed by Tomas Pearce IDC in a variety of materials and colours, from builder's standard samples.
- Choice of fine quartz surface countertops with quartz backsplash with Tomas Pearce IDC selected coordinating colours from builder's standard samples.
- Single bowl stainless steel under mounted sink with contemporary design faucet.
- Choice of pre-finished engineered wood flooring, from builder's standard samples.

THE BATHROOM
(master bathroom or main bathroom in one bathroom suites)
- Tomas Pearce custom-designed vanity from builder's standard samples.
- Contemporary design faucet.
- Choice of porcelain tiles from builder's standard samples.
- Contemporary designer selected accessory package including towel bar and toilet holder.
- White plumbing fixtures.
- Full height porcelain or ceramic wall tiles in tub/shower enclosure, from builder's standard samples.
- Frameless glass enclosure along tub, as per plans.
- Pressure balance valve for tub and shower.
- Exhaust vented to exterior.

SECOND BATHROOM
(in two bathroom suites)
- Tomas Pearce custom-designed quartz topped vanity from builder's standard samples.
- Contemporary design faucet.
- Choice of porcelain tiles from builder's standard samples.
- Contemporary designer selected accessory package including towel bar and toilet holder.
- White plumbing fixtures.
- Full height porcelain wall tiles and porcelain floor tiles in shower enclosure, from builder's standard samples.
- Frameless glass enclosure, as per plans.
- Pressure balance valve for shower.
- Exhaust vented to exterior.

THE TECHNOLOGY
- Emergency voice communications systems, smoke, carbon monoxide detector where applicable in each suite.
- Entire building fully fire sprinklered.
- High-speed internet access provided with "future technology-ready" features in all suites.
- Rough-in only for future security system.
- Pre-wired for cable TV and telephones.
- White "decora" switches and outlets.

Additional Information

Walk Score
99 / 100
Transit Score
100 / 100
Architect
B+H Architects & ERA Architects
Interior Designer
Tomas Pearce Interior Design Consulting Inc.
Count
55 Floors
748 Suites
Height (M)
-
Height (Ft)
-
Data last updated: December 7th, 2021

Amit Bhandari

Broker
SAGE – TalkCondo Ltd., Brokerage

Total Floor Plans
100 (35 Available)
Price Range
$668,990 - $4,079,990
Avg. Price per Foot
$2,207/sq.ft