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Empire Plaza

33 University Ave, Downtown

Features

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Price/Sqft Range

624 sqft - 3171 sqft

Avg Price/Sqft

$690 / sq. ft.

Completed

Built: 1990

Building Scale

Floors: 28 | Total Units: 224

Building Details

Building Type

High-Rise condo

Property Management

Built in 1990

Condo Corp

MTCC-932

Date Registered

Nov 28, 1990

Maintenance Fees Include

Air Conditioning

Common Element

Heat

Hydro

Building Insurance

Water

Description

1 - About Empire Plaza

  • Address: 33 University Ave, Toronto
  • Neighbourhood: Bay Street Corridor, Downtown, Toronto
  • Storeys: 28
  • Units: 224
  • Year Built: 1990
  • Developer: Centara Corporation (Creson Corp)
  • Building Type: High-Rise condo
  • Unit Size: 624 sqft – 3171 sqft
  • Average Price: $690 / sq. ft.

2 - Overview of Empire Plaza

Empire Plaza stands as a 28-storey landmark on University Avenue, holding the distinction of being the first residential condominium developed along this major thoroughfare. Completed in 1990, the tower showcases Young + Wright Architects' Art Deco-inspired design vision.

The building's distinctive circular structure features a curved façade finished in red granite with blue-tinted glazing, creating a striking contrast against the glass towers that define Toronto's Financial District. Strategic acoustic insulation ensures residents enjoy a peaceful living environment despite the urban location.

The building's curved geometry creates unique interior spaces with floor plates that differ significantly from conventional rectangular condo layouts, offering residents a distinctive living experience.

3 - Suite Sizes & Value

Empire Plaza offers suite sizes ranging from 624 to 3,171 square feet, accommodating diverse lifestyle needs. With an Average Price: $690 / sq. ft., the building presents exceptional value within the Bay Street Corridor, particularly when compared to newer developments commanding premium prices in the area.

The circular architecture translates into interior layouts featuring curved walls and angled spaces rather than standard rectangular rooms. Most suites include expansive solarium areas and oversized windows that maximize natural light exposure, creating bright, airy living spaces that distinguish these homes from typical modern condominium units.

4 - Building Amenities & Features

  • 24-hour concierge service
  • Rooftop terrace with multiple barbecue stations
  • Underground parking with dedicated shuttle elevator
  • Comprehensive security systems including intrusion monitoring and video surveillance
  • Three on-site restaurants
  • Full-service spa and professional dry cleaning
  • Direct access to Toronto's PATH underground network

5 - Location Highlights

  • Transit Access: 3-minute walk to St Andrew Subway Station with direct PATH connectivity
  • Green Spaces: Close proximity to Simcoe Park, Cloud Gardens, and Nathan Phillips Square
  • Cultural Venues: Walking distance to the Four Seasons Centre for the Performing Arts, Rogers Centre, and Scotiabank Arena
  • Waterfront Access: Minutes from the vibrant Harbourfront district
  • Highway Connectivity: 2-minute drive to Gardiner Expressway via York Street onramp
  • Walk Score: 100/100

6 - Lifestyle Near Empire Plaza

Empire Plaza caters to discerning downtown professionals who value superior construction quality and architectural permanence. The resident profile typically includes established business leaders and entrepreneurs who prioritize substance over trendy design elements.

Positioned at the convergence of Toronto's business and entertainment districts, residents benefit from seamless connectivity through the climate-controlled PATH system. This underground network provides convenient access to shopping, dining, and services while offering respite from street-level activity.

7 - About the Developer

Centara Corporation (Creson Corp) developed Empire Plaza, bringing their reputation for quality construction and attention to detail to this landmark project. The firm's commitment to excellence is evident in the building's enduring appeal and solid construction standards.

The development of 33 University Avenue established new residential benchmarks for the Financial District. The developer's thoughtful approach to architecture, unit design, and building management continues to support strong property values and resident satisfaction.


Neighborhood

Hospital
Park
Public Transit

Building Sales History

Jun 2026 — 3 Listed | 0 Sold

48 days on market

MLS® # C13030462

Jun 9, 2026

Sold Conditionally

Apr 22, 2026

Listed For Sale

$789,000

92 days on market

MLS® # C12855974

Jun 6, 2026

Suspended

Mar 6, 2026

Listed For Sale

$1,448,000

130 days on market

MLS® # C12716420

Jun 1, 2026

Expired

Jan 21, 2026

Listed For Sale

$1,998,000
May 2026 — 2 Listed | 1 Sold

77 days on market

MLS® # C12824456

May 11, 2026

Terminated

Feb 26, 2026

Listed For Sale

$915,000

68 days on market

MLS® # C12821542

May 5, 2026

Sold

Feb 26, 2026

Listed For Sale

$1,149,000
Apr 2026 — 2 Listed | 0 Sold

86 days on market

MLS® # C12901742

Apr 27, 2026

Price Change

Mar 19, 2026

Listed For Sale

$1,200,000

14 days on market

MLS® # C12970148

Apr 22, 2026

Terminated

Apr 8, 2026

Listed For Sale

$694,500
Mar 2026 — 3 Listed | 0 Sold

51 days on market

MLS® # C12689530

Mar 9, 2026

Terminated

Jan 12, 2026

Listed For Sale

$1,270,000

120 days on market

MLS® # C12518530

Mar 6, 2026

Terminated

Nov 6, 2025

Listed For Sale

$1,560,000

35 days on market

MLS® # C12729400

Mar 2, 2026

Terminated

Jan 26, 2026

Listed For Sale

$698,000
Feb 2026 — 1 Listed | 0 Sold

163 days on market

MLS® # C12806196

Feb 20, 2026

New

Feb 20, 2026

Listed For Sale

$695,000

Bay Street Corridor Insights

growth

Sale Price

Average

Median

Generated based on property type and location. Average values are derived using median calculations.