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For sale · Condo Apartment

488 University Avenue #4310.

University, Toronto, ON M5G 0C1

In The Residences of University Avenue, 488 University Avenue
On the market72 days
MLS® C13681320Courtesy of Realty Associates Inc.
Bedrooms2+1Plus a den
Bathrooms2
Square feet1,000–1,199About $1,425 per sq ft
Parking1Locker: None

Balanced market

Condo market in University. Sales and new listings are roughly in step, so neither side has a clear edge. Homes here sell in about 43 days. Market data

Sales-to-new-listings ratio, last 3 months: 42%
Months of supply: 3.0

What it means

  • Balanced market in University: condos take about 43 days to sell.
  • About 3.0 months of condos for sale in University at the current pace of sales.

At a glance

Maintenance$1,001 / month
Property taxes$6,040 / year
Price per square footAbout $1,425
ExposureSouth West

About this home

Welcome To The 5 Star Luxury Condo At The Residence Of 488 With Direct Access To Subway! Breathtaking CN Tower and Lake View! 1075 Sqft Plus 165 Sqft Massive Balcony. 10 Ft Ceiling, Abundant Natural Light. European built-in Appliances And Marble Countertops In The Kitchen. Move In And Enjoy Your Free 5 Star Gym Membership At Skyclub. Steps Away To Hospitals, U Of T, Ryerson, Queens Park & Financial District. Stunning Building Amenities, Indoor Pool.

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
South West
Heating
Forced Air
Cooling
Central Air
Basement
None
Year built
0-5
Possession
December 1, 2026
Parking and storageparking, garage, locker
Parking
1
Garage
Underground
Locker
None
Fees and taxesmaintenance, property taxes, price per sq ft
Maintenance
$1,001/mo
Property taxes
$6,040 (2025)
Price per sq ft
$1,426
Building and rulesstoreys in building, pets
Storeys in building
26
Pets
No
Rooms7 rooms with sizes
RoomLevelSizeFeatures
KitchenMain4.95 × 3.08 mb/i appliances · marble counter · pot lights
Living RoomMain5.27 × 4.98 mwindow floor to ceiling · sw view · combined w/dining
Dining RoomMain5.05 × 4.88 mwindow floor to ceiling · w/o to balcony · sw view
FoyerMain6.62 × 1.2 mhardwood floor · pot lights · large closet
DenMain2.75 × 1.68 mhardwood floor · led lighting · walk-in closet(s)
Primary BedroomMain3.35 × 3.2 m5 pc ensuite · pot lights · hardwood floor
Bedroom 2Main3.66 × 2.74 mhardwood floor · window floor to ceiling · closet
What is includedAppliances and fixtures

Motorized Sunshades, Integrated Fridge, Stove, Microwave; Dishwasher, Range Hood; Washer And Dryer. Built In Closet In Master Bedroom, Walk-In Closet In Den, All Existing Lighting Fixtures. 1 Valet Parking.

Building amenitiesbike storage, concierge, gym
  • Bike Storage
  • Concierge
  • Gym
  • Indoor Pool
  • Party Room/Meeting Room
  • Rooftop Deck/Garden

Maintenance fee includes: Heat

What it could cost each month

— a month, estimated

With 20% down. Includes property tax and maintenance. Estimate only.

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  • Mortgage—
  • Maintenance—
  • Property tax—

Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.

How this price compares

Members

14 suites sold at The Residences of University Avenue in the last two years.

Sales activity in the building

Number of suites sold each quarter.

0 Jan–Mar 2025 4 sold, Apr to Jun 2025 4 Apr–Jun 2025 2 sold, Jul to Sep 2025 2 Jul–Sep 2025 0 Oct–Dec 2025 3 sold, Jan to Mar 2026 3 Jan–Mar 2026 1 sold, Apr to Jun 2026 1 Apr–Jun 2026 3 sold, Jul to Sep 2026 3 Jul–Sep 2026 1 sold, Oct to Dec 2026 1 Oct–Dec 2026 so far

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Sale and listing history

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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

7For sale now
10For rent now
8Sold, last 12 months

Listing brokerage · MLS® C13681320Realty Associates Inc.Data last updated Aug 17, 2026 4:07 am.

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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