For sale · Condo Apartment
488 University Avenue #4802.
Bay Street Corridor, Toronto, ON M5G 0C1
In The Residences of University Avenue, 488 University AvenueBalanced market
Condo market in Bay Street Corridor. Sales and new listings are roughly in step, so neither side has a clear edge. Homes here sell in about 37 days. Market data
Sales-to-new-listings ratio, last 3 months: 42%
Months of supply: 4.4
What it means
- Balanced market in Bay Street Corridor: condos take about 37 days to sell.
- About 4.4 months of condos for sale in Bay Street Corridor at the current pace of sales.
At a glance
About this home
Stunning Corner Suite With Unobstructed City Views Offering 1,042 Sq.Ft. Of Interior Living Space Plus A 180 Sq.Ft. Private Balcony. Floor-To-Ceiling Windows Fill The Home With Natural Light, Complemented By Wide-Plank Hardwood Floors, Smooth 10-Ft Ceilings And Modern Finishes Throughout. The Open-Concept Kitchen Features European-Style Cabinetry, Quartz Countertops, Designer Backsplash, Premium Appliances And A Spacious Centre Island. The Primary Bedroom Boasts A Spa-Inspired Ensuite With Freestanding Tub And Glass Shower. Located In The Heart Of Downtown Toronto, Steps To U Of T, Queen's Park, Financial District, Eaton Centre, Transit, Restaurants And Entertainment. Enjoy Exceptional Building Amenities Including Valet Parking, Fitness Centre, Spa, Party Lounge, Sky Bar And More.
Suite details
Click the + to read more.
The suiteproperty type, style, size, exposure
- Property type
- Condo Apartment
- Style
- Apartment
- Size
- 1,000–1,199 sq ft
- Exposure
- North East
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- None
- Possession
- June 4, 2026
Parking and storageparking, garage, locker
- Parking
- 1
- Garage
- Underground
- Locker
- Ensuite
Fees and taxesmaintenance, property taxes, price per sq ft
- Maintenance
- $970/mo
- Property taxes
- $6,629 (2026)
- Price per sq ft
- $1,381
Building and rulesstoreys in building, pets
- Storeys in building
- 31
- Pets
- Yes-with Restrictions
Rooms6 rooms with sizes
| Room | Level | Size | Features |
|---|---|---|---|
| Primary Bedroom | Main | 3.05 × 3.55 m | double closet · 4 pc ensuite · east view |
| Living Room | Main | 4.88 × 3.75 m | open concept · window floor to ceiling · hardwood floor |
| Bedroom 2 | Main | 2.8 × 2.74 m | double closet · hardwood floor · north view |
| Kitchen | Main | 4.72 × 3.73 m | combined w/dining · open concept · stainless steel appl |
| Dining Room | Main | 4.72 × 3.73 m | combined w/kitchen · hardwood floor · w/o to balcony |
| Bedroom 3 | Main | 2.77 × 2.74 m | double closet · hardwood floor · sliding doors |
What is includedAppliances and fixtures
All Electrical Light Fixtures, All Existing Appliances & Window Coverings. One Exclusive Underground Parking Spot- Valet Parking At Building ($240/Month Approximately).
Building amenitiesMaintenance fee inclusions
Maintenance fee includes: Heat, Parking
What it could cost each month
— a month, estimated
With 20% down. Includes property tax and maintenance. Estimate only.
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- Mortgage—
- Mortgage insurance (added to loan)—
- Maintenance—
- Property tax—
Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.
How this price compares
Members14 suites sold at The Residences of University Avenue in the last two years.
Sales activity in the building
Number of suites sold each quarter.
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Sale and listing history
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The building and the area
The building
The Residences of University Avenue
488 University Avenue · 27 storeys
Gym · Concierge · Indoor Pool · Party Room/Meeting Room
Listing brokerage · MLS® C13238218First Class Starlink RealtyData last updated Jul 15, 2026 5:30 am.
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