For sale · Condo Apartment
488 University Avenue #4412.
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
Welcome to the luxurious 488 University Ave! This spacious 1 Bedroom plus Den suite with unobstructed city and lake/CN tower views. Enjoy 9-ft ceilings, floor-to-ceiling windows, living room walk out to large balcony, upgraded all wide-plank laminate flooring throughout. Modern High End Cabinet W/ Integrated and Built-In Appliances, upgraded Built-In Wine Cellar. Marble Counter Top Illuminated By Hidden Under-Cabinet LED Light Strips, Pot Lights Over Kitchen. Designed Closet Organizer In Primary Bedroom's Walk-In Closet, and a spa-inspired bathroom with high end finishes, Selected Freestanding Tub & Frameless Glass Door Shower In 4 Pcs Ensuite Bath. Good Sized Den W/ Frosted Glass Sliding Door. This separate den is ideal as a home office or second bedroom. Residents enjoy premium amenities including a sky lobby, indoor pool, hot tub, fitness centre, terrace, and 24-hour concierge. Direct access to TTC/Subway and steps to hospitals, U of T, OCAD, AGO, Eaton Centre, the Financial District, Entertainment District, Chinatown, and more.
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
- Possession
- Immediate
Parking and storageparking, garage, locker
- Parking
- 0
- Garage
- Underground
- Locker
- None
Fees and taxesmaintenance, property taxes, price per sq ft
- Maintenance
- $574/mo
- Property taxes
- $3,691 (2026)
- Price per sq ft
- $1,076
Building and rulesstoreys in building, pets
- Storeys in building
- 27
- Pets
- Yes-with Restrictions
Rooms5 rooms with sizes
| Room | Level | Size | Features |
|---|---|---|---|
| Den | Main | 2.2 × 1.64 m | separate room · sliding doors |
| Primary Bedroom | Main | 2.92 × 2.74 m | ensuite bath · walk-in closet(s) · large window |
| Living Room | Main | 5.649 × 3.273 m | combined w/dining · w/o to balcony · west view |
| Dining Room | Main | 5.649 × 3.27 m | combined w/living · open concept · west view |
| Kitchen | Main | 2.88 × 2.35 m | b/i appliances · marble counter · pot lights |
What is includedAppliances and fixtures
S/S Oven, Built-In Wine Cellar, Microwave & Range Hood, Integrated Fridge & Dishwasher, Stacked Washer & Dryer. All Elfs, and Window Coverings.
Building amenitiesconcierge, gym, indoor pool
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® C14091514Aimhome Realty Inc.Data last updated Oct 18, 2026 2:52 pm.
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