Condo building · Kensington-Chinatown
The Residences of University Avenue.
488 University Ave, Toronto, ON M5G 0C1
Buyer's market
Condo market in Kensington-Chinatown. New listings are outpacing sales, so buyers have more choice and room to negotiate. Market data
Condo sales-to-new-listings ratio, last 3 months: 33%
Months of supply: 6.1
What it means
- Buyer's market in Kensington-Chinatown: condos take about 44 days to sell.
- About 6.1 months of condos for sale in Kensington-Chinatown at the current pace of sales.
Suites for sale at The Residences of University Avenue
Suites for rent at The Residences of University Avenue
About The Residences of University Avenue
The Residences of University Avenue is a 27-storey condominium building at 488 University Ave in Kensington-Chinatown in Toronto. There are currently 7 suites for sale, asking from $699,000 to $1,568,000. The median asking price is about $1,116 per square foot. 10 suites are available for lease, with a median rent of $3,650 a month. Amenities include gym, concierge, indoor pool, party room/meeting room and rooftop deck/garden.
Building details
Click the + to read more.
Amenitiesgym, concierge, indoor pool, party room/meeting room
Maintenance fee includesheat
The buildingaddress, neighbourhood, year completed, storeys
- Address
- 488 University Ave, Toronto M5G 0C1
- Neighbourhood
- Kensington-Chinatown
- Year completed
- 6-10 years old
- Storeys
- 27
- Suite sizes
- 600–1,200 sq ft
- Condo corporation
- TSCC 2770
- Management
- Duka Property Management
- Pets
- Yes-with Restrictions
- Maintenance fees
- $0.91 per sq ft a month
What suites sell for here
Members8 suites sold at The Residences of University Avenue in the last 12 months.
Sales activity in the building
Number of suites sold each quarter.
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Location
Questions about The Residences of University Avenue
How many units are for sale at The Residences of University Avenue?
There are 7 units for sale at 488 University Ave right now, priced from $699,000 to $1,568,000.
What are the maintenance fees at The Residences of University Avenue?
Based on current listings, maintenance fees range from $574 to $1,001 a month depending on suite size, or around $0.91 per square foot. Fees typically include heat.
What amenities does The Residences of University Avenue have?
Amenities at The Residences of University Avenue include gym, concierge, indoor pool, party room/meeting room, rooftop deck/garden, sauna, exercise room, lap pool, bike storage and elevator.
Are pets allowed at The Residences of University Avenue?
Current listings describe pets as yes-with restrictions. Check the condo corporation's rules for size or breed limits before you buy.
Where is The Residences of University Avenue?
The Residences of University Avenue is at 488 University Ave, Kensington-Chinatown, Toronto.
Nearby condo buildings.
Own a suite here?
Our team tracks every sale at The Residences of University Avenue and can tell you what yours would sell for.
