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For lease · Condo Apartment

488 University Avenue #2703.

Kensington-Chinatown, Toronto, ON M5G 0C1

In The Residences of University Avenue, 488 University Avenue
AvailableImmediately
On the market115 days
MLS® C13525726Courtesy of Royal Lepage Real Estate Services Ltd.
Bedrooms2
Bathrooms2
Square feet700–799$4.69 to $5.36 per sq ft a month
Parking1Locker: None

At a glance

Utilities includedHeat, Parking
FurnishedNo
Lease term12 Months
PetsYes-with Restrictions

About this rental

Introducing a pinnacle of urban luxury living at 488 University Ave. This impeccably designed 2-bedroom,2-bathroom with Valet Parking, experiences world-class design and amenities, including direct access to St. Patrick Subway, offering unparalleled convenience. Indulge in a vibrant culinary scene, surrounded by top-tier restaurants,the iconic Eaton Center, theaters, and a thriving arts and culture scene. Perfect for healthcare professionals, with major hospitals just a 5-minute drive away. Step onto your balcony to enjoy unobstructed panoramic views of the city skyline and Lake Ontario to the east. Inside, discover a high-end kitchen with integrated appliances and walk-in closet organizers for added convenience. The Club offers two full floors of light-filled space, opening onto an outdoor lounge and terrace area, ideal for relaxation and entertaining. Plus, enjoy access to an indoor saltwater poolfor ultimate relaxation.

Suite details

Click the + to read more.

The suiteproperty type, style, size, exposure
Property type
Condo Apartment
Style
1 Storey/Apt
Size
700–799 sq ft
Exposure
South East
Heating
Forced Air
Cooling
Central Air
Basement
None
Year built
6-10
Possession
Immediately
Parking and storageparking, garage, locker
Parking
1
Garage
Underground
Locker
None
Building and rulesstoreys in building, pets
Storeys in building
27
Pets
Yes-with Restrictions
Leaselease terms, furnished
Lease terms
12 Months
Furnished
No
Rooms5 rooms with sizes
RoomLevelSizeFeatures
Primary BedroomFlat3.35 × 3.05 mlaminate · walk-in closet(s) · 3 pc ensuite
Living RoomFlat3.12 × 2.9 mlaminate · combined w/dining · w/o to balcony
Dining RoomFlat5.05 × 4.3 mlaminate · combined w/living · open concept
Bedroom 2Flat2.8 × 2.5 mlaminate · closet · window
KitchenFlat5.05 × 4.3 mstainless steel appl · quartz counter · pot lights
What is includedAppliances and fixtures

Floor To Ceiling Windows. Aeg High-End Appliances. Smart Control Home. Marble, Porcelain & Wood Flooring Throughout.

Building amenitiesconcierge, gym, indoor pool
  • Concierge
  • Gym
  • Indoor Pool
  • Party Room/Meeting Room
  • Rooftop Deck/Garden
  • Sauna

Maintenance fee includes: Heat, Parking

What you’ll need to apply

Good units lease quickly, so it helps to have your package ready before the viewing. Most landlords ask for:

  • Rental application
  • Credit report
  • Employment letter or proof of income
  • References

Want a stronger application?

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How this rent compares

Members

100 suites leased at The Residences of University Avenue in the last 12 months.

Leasing activity in the building

Number of suites leased each quarter.

0Jan–Mar20250Apr–Jun20250Jul–Sep20255 leased, Oct to Dec 20255Oct–Dec202524 leased, Jan to Mar 202624Jan–Mar202635 leased, Apr to Jun 202635Apr–Jun202635 leased, Jul to Sep 202635Jul–Sep20261 leased, Oct to Dec 20261Oct–Dec2026 so far

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Lease and listing history

Past leases at this address are for members

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The building and the area

The Residences of University Avenue

The building

The Residences of University Avenue

488 University Avenue · 27 storeys

Gym · Concierge · Indoor Pool · Party Room/Meeting Room

10For rent now
7For sale now
100Leased, last 12 months

Listing brokerage · MLS® C13525726Royal Lepage Real Estate Services Ltd.Data last updated Sep 10, 2026 7:13 pm.

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein is deemed reliable but is not guaranteed accurate by TRREB or its members. It is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under licence.

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$3,750/mo2 bed · 2 bathBook a viewing