For sale · Condo Apartment
488 University Avenue #4703.
Kensington-Chinatown, Toronto, ON M5G 0C1
In The Residences of University Avenue, 488 University AvenueBuyer's market
Condo market in Kensington-Chinatown. New listings are outpacing sales, so buyers have more choice and room to negotiate. Homes here sell in about 44 days. Market data
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.
At a glance
About this home
World-class award-winning landmark building at prime University/ Dundas Location in the heart of downtown Toronto, with direct access to St.Patrick Subway Station. Stunning sunfilled high-floor 2-Bed 2-Bath suite with non-obstructed views of the City and Lake Ontario. Magnificent view of the sunrise makes your days full of energy, joy, and inspiration. Great layout with 9ft high ceilings, floor-to-ceiling windows, and large balcony. Engineered hardwood flooring throughout. Stylish modern kitchen equipped with high-end built-in appliances, center island and stone counters. Spacious master with pre-installed organizer in walk-in closet, and spa-inspired ensuite. 5-star amenities including 24-hour concierge, indoor pool, skydeck, gym, spa, party room, yoga, and much more. Steps to U of T, TMU, OCAD, major hospitals, art galleries and museums, boutique stores, restaurants & pubs, financial district, movies and theatres, Eaton Centre, Queen's Park, College Park, and so on and on...
Suite details
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The suiteproperty type, style, size, exposure
- Property type
- Condo Apartment
- Style
- Apartment
- Size
- 700–799 sq ft
- Exposure
- East
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- None
- Possession
- October 20, 2026
Parking and storageparking, garage, locker
- Parking
- 1
- Garage
- Underground
- Locker
- None
Fees and taxesmaintenance, property taxes, price per sq ft
- Maintenance
- $688/mo
- Property taxes
- $4,268 (2025)
- Price per sq ft
- $1,134
Building and rulesstoreys in building, pets
- Storeys in building
- 30
- Pets
- Yes-with Restrictions
Rooms5 rooms with sizes
| Room | Level | Size | Features |
|---|---|---|---|
| Living Room | Flat | 3.14 × 2.9 m | window floor to ceiling · open concept · w/o to balcony |
| Kitchen | Flat | 4.42 × 4.29 m | centre island · b/i appliances · open concept |
| Primary Bedroom | Flat | 3.04 × 3.35 m | 3 pc ensuite · walk-in closet(s) · closet organizers |
| Dining Room | Flat | 4.42 × 4.3 m | hardwood floor · open concept · breakfast bar |
| Bedroom | Flat | 2.81 × 2.49 m | hardwood floor · closet · sliding doors |
What is includedAppliances and fixtures
All existing kithen appliances: fridge, cook top, oven, rangehood, dishwasher, microwave. Stacked washer & dryer. All existing ELFs. All Existing window coverings. ***One valet parking Included***
Building amenitiesconcierge, rooftop deck/garden, gym
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® C13856850Homecomfort Realty Inc.Data last updated Oct 2, 2026 8:21 pm.
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