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For lease · Condo Apartment

488 University Avenue #3811.

Kensington-Chinatown, Toronto, ON M5G 0C1

In The Residences of University Avenue, 488 University Avenue
AvailableOctober 15, 2026
On the market15 days
MLS® C14031896Courtesy of Re/max Condos Plus Corporation
Bedrooms1+1Plus a den
Bathrooms1
Square feet600–699$4.51 to $5.25 per sq ft a month
ParkingNoneLocker: None

At a glance

FurnishedNo
Lease term12 Months
PetsYes-with Restrictions
ExposureWest

About this rental

Luxury living 38 floors above University Ave, this bright and beautiful 1 bed + den at The Residences of 488 University Avenue delivers breathtaking views across the west end of the city and the CN Tower, enjoyed from both the suite and the private balcony. A highly functional layout makes all 620sq ft interior count, with an open living and dining space, a sleek kitchen with premium integrated appliances, and a primary retreat with walk-in closet, custom built-ins, and spa-inspired ensuite. Large actual den, ideal as a dedicated home office. Luxury finishes throughout. Residents enjoy the two-storey Sky Club with indoor and outdoor saltwater pools, fitness centre, yoga and spin studios, squash court and lounges, plus concierge. Perfectly positioned for medical and office professionals: steps to Toronto General, Mount Sinai, SickKids and the University Avenue hospital row, with direct indoor access to St. Patrick TTC Subway Station for a quick ride to the Financial District. University of Toronto, Queen's Park, and Eaton Centre are nearby.

Suite details

Click the + to read more.

The suiteproperty type, style, size, exposure
Property type
Condo Apartment
Style
Apartment
Size
600–699 sq ft
Exposure
West
Heating
Forced Air
Cooling
Central Air
Basement
None
Year built
0-5
Possession
October 15, 2026
Parking and storageparking, garage, locker
Parking
0
Garage
None
Locker
None
Building and rulesstoreys in building, pets
Storeys in building
38
Pets
Yes-with Restrictions
Leaselease terms, furnished
Lease terms
12 Months
Furnished
No
Rooms4 rooms with sizes
RoomLevelSizeFeatures
Dining RoomGround3.26 × 3.14 mcombined w/living · laminate · window floor to ceiling
Living RoomGround3.26 × 3.14 mcombined w/dining · laminate · w/o to balcony
KitchenGround3.6 × 4.75 mgranite counters · stainless steel appl · laminate
DenGround2.32 × 1.83 mlaminate · sliding doors
What is includedAppliances and fixtures

Top-of-the-line appliances: fridge, freezer, wine fridge, cooktop, range, convection microwave. Kitchen breakfast bar/island. Washer and dryer.

Building amenitiesconcierge, gym, party room/meeting room
  • Concierge
  • Gym
  • Party Room/Meeting Room

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

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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® C14031896Re/max Condos Plus CorporationData last updated Oct 14, 2026 11:22 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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$3,150/mo1+1 bed · 1 bathBook a viewing