481 UNIVERSITY AVENUE
THE UNITED BLDG.
Soaring Tall at 55 Storeys with 748 Units
THE UNITED BLDG.
3 minutes to University of Toronto, Faculty of Dentistry, University of Toronto
St. George Campus, OCAD University
THE UNITED BLDG.
99
WalkScore
100
TransitScore
74
BikeScore
3
Minutes to University of Toronto
MIXED-USE RESIDENTIAL LANDMARK

Currently home to B+H’s Toronto studio, the existing commercial building at 481 University Avenue, owned by Davpart Inc., will undergo a massive transformation to become a mixed-use residential landmark – quadrupling its current density. A newly designed tower will complement the development’s heritage podium by blending the old with the new. Soaring tall at 55-storeys, this new construction will catalyze the revitalization taking place at the intersection of Dundas and University. This building will make a great option for those considering an investment opportunity or an income property. Situated at the crossroads of three high-density employment areas - Bay Street Corridor, Hospital Row and the Financial District – suites in this contemporary condominium will be in high demand for the executive tenant. Both Ryerson University and the Ontario College of Art and Design (OCAD U) are within walking distance as well, providing another potential tenant base.

Please register now to reserve your spot on the VIP list.
55
Storeys
748
Units
2022
Occupancy Tentative
647-668-8066
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LOCATION & NEIGHBOURHOOD

At 481 University, you’re steps from an abundance of dining options, from upscale coffee bars to Sushi restaurants to European-style bistros. For all your shopping needs, you’re minutes from the newly-renovated Eaton Centre and the selection of retail that lines Yonge Street. This Financial District Condominium also puts you within a quick stroll of some of downtown Toronto’s most eclectic neighbourhoods, such as Chinatown, Kensington Market and Queen Street West. Need your arts and culture fix? Head over to The Art Gallery of Ontario or Dundas Square, which is a major hub for music and cultural festivals all-year-round.
Proximity to the subway, just down the street, makes getting around the city a breeze, wherever you’re headed.

ARCHITECTURE

481 University's design, led by Mark Berest, will create seamless interaction between street activity and architecture at its ground level. Retail spaces featuring floor-to-ceiling windows will open to a double storey colonnade, which serves to activate the public realm.

The colonnade’s entry is marked by the relocation of one of Toronto’s treasured public art pieces by Elizabeth Wyn Wood at the corner, which will also serve as a new entrance to St. Patrick station and will widen the pedestrian walkway along Dundas Street.

AMENITIES

Details about the suite finishes are still being finalized, but we’re expecting them to be high-end and modern, with balconies that offer panoramic views of the downtown skyline.

Investor Information

01.

Rentability

Neighborhood vacancy rates below 1% with less than 18 days on market.

02.

Rental Appreciation

Rental rates appreciated an average more than 8% year-over-year (Source – Toronto Real Estate Board)

03.

Rental Rates

1 Bedroom- $1600- $2800 1 Bedroom + Den- $2300- $2800 2 Bedrooms- $2500-$3100 2 Bedrooms + Den – $2880-3900 2 Bedrooms + Den – $2880-3900

** These are last 60 days stats from the date of creating this website

Davpart Inc. is a full service real estate investment and property management company established in 1993. The Head Office is based out of Toronto, Ontario. Starting initially with three Industrial buildings, Davpart now has a mixed portfolio of over ninety Industrial, Office, Retail and Residential projects concentrated in Ontario and the U.S.

DAVPART INC. - Builder

By registering here today, you will have an opportunity to invest in a unit at the lowest price possible before it is open to the public. This will give you Guaranteed First Access to inventory, best pick at unit levels, floor plans, lowest prices guaranteed and Platinum Access Incentives & Promotions.

Lisa Tran - Real-Estate Broker
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