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Last Updated : 26 Days ago
488 University Avenue, Toronto, ON, Kensington-Chinatown
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3901 - 488 University Avenue, Toronto MLS Number: C12994256

Kensington-Chinatown, Toronto, ON, M5G 0C1

$850,000

Price drop by $40,000

Status: For Sale

  • 2+ Beds
  • 2 Baths
  • Area : 600-699 sqft
  • Property Type: Residential Condo & Other (Condo Apartment)
  • Property Taxes : $4004.2 (Tax Year:2026)
  • Listing Courtesy : Sutton Group Kings Cross Inc.

Unit-3901 488 University Avenue Property Description

Welcome to elevated downtown living at one of Toronto's most prestigious addresses 488 University Avenue. This stunning 2-bdrm, 2-bath luxury condo offers an exceptional blend of sophistication, comfort & convenience in the heart of the city. Featuring a thoughtfully designed interior plus a spacious 115 sqft balcony, this residence boasts soaring 10-ft ceilings & flr-to-ceiling windows that flood the space with natural light while showcasing breathtaking, unobstructed south-facing views of Toronto's skyline. The modern kitchen is a chef's dream, complete with sleek European built-in appliances, quartz countertops, and premium finishes throughout. Thoughtfully upgraded, the built-in microwave has been replaced with three additional drawers-enhancing both functionality & storage. The open-concept living area is ideal for entertaining or unwinding in style, elevated further by dimmable pot lights that allow you to set the perfect ambiance. Both bdrms are generously sized & designed for comfort & privacy. Custom upgraded built-in closets are featured in the hallway & 2nd bdrm, maximizing storage with a refined touch. The second bdrm includes a frosted sliding door, offering flexibility & privacy without sacrificing light. The primary suite is a true retreat, complete with blackout blinds with remote control & a spa-inspired ensuite. Additional premium upgrades include a LED mirror in bathroom, smart Ecobee thermostat for enhanced climate control & a convenient all-in-one washer & dryer(2025), blending efficiency with modern living. Residents enjoy access to world-class, 5-star amenities, including a fully equipped fitness centre, indoor pool & outdoor rooftop terrace-perfect for enjoying Toronto's vibrant lifestyle year-round. Located with direct subway access via St. Patrick Station & just steps to hospital row, UofT, Toronto Metropolitan University (Ryerson), Queen's Park & the Financial District, this address offers truly unmatched urban convenience.

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Unit-3901 488 University Avenue Property Facts

Property Type :Residential Condo & Other
MLS Number :C12994256
Listing Type :Sale
Possession Date :
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Last Updated :11 Jul, 2026 (26 Days ago)
Source :Toronto Regional Real Estate Board
Area :Toronto
Postal Code : M5G 0C1
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Unit-3901 488 University Avenue Amenities

Fridge, Stove, Range Hood, Oven, B/I Dishwasher, All in One Washer/Dryer, All Electric Light Fixtures, All Window Blinds & Coverings, All Furniture Set out in the Unit!

Elevator
Exercise Room
Gym
Party Room/Meeting Room
Indoor Pool
Concierge

Unit-3901 488 University Avenue Property Price & Tax Insights

Price : $850,000
Property Taxes :$4004.2
Maintenance Fees :$641.3/month
Tax Year :2026

Unit-3901 488 University Avenue, Toronto Property Details

Bedrooms :2 +
No. of Rooms :6
Air Conditioning :Central Air
Heating :Forced Air
Cross Street :University Ave at Dundas St. W.
Bathrooms :2
Fuel :Gas
Approx Square Footage :600-699 sqft
Fireplace/Stove :Yes

Exterior Information

Exterior Finish :Concrete, Metal/Steel Siding
Building Insurance :Yes
Parking Space :0
Basement :No
Pets :Yes-with Restrictions
Laundry :Ensuite
Garage :Underground
Laundry Level :Main Level
Patio Terrace :Open

488 University Avenue, Toronto - Price History

2026-04

28 Apr, 2026

TREB #C12994256

Price Change

$850000.0

  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+

488 University Avenue - Location Map and Landmarks

  • St Patrick Subway, Toronto 0.09 km
  • Osgoode Subway, Toronto 0.52 km
  • Queen'S Park Subway, Toronto 0.55 km
  • Dundas Subway, Toronto 0.71 km
  • College Subway, Toronto 0.85 km
  • Queen Subway, Toronto 0.85 km
  • St Andrew Subway, Toronto 0.89 km
  • King Subway, Toronto 1.12 km
  • Wellesley Subway, Toronto 1.23 km
  • Union Go Station, Toronto 1.31 km
  • Contact Alternative School, Toronto 0.18 km
  • Ocad University - The Learning Zone, Toronto 0.2 km
  • Ocad University - Rosalie Sharp Pavilion, Toronto 0.21 km
  • Ocad University - Annex Building, Toronto 0.21 km
  • Ocad University - Main Building, Toronto 0.29 km
  • Ocad University - Abovegrd Art Supplies, Toronto 0.33 km
  • Ocad University - Student Centre, Toronto 0.37 km
  • Ocad University - Inclusive Design Institute, Toronto 0.4 km
  • Cornerstone Preparatory, Toronto 0.42 km
  • Heydon Park Secondary School, Toronto 0.45 km
  • University Health Network - Toronto Rehabilitation Institute, Toronto 0.18 km
  • The Leroy And Elizabeth Macmillan Plastic Surgery Clinic, Toronto 0.25 km
  • Sinai Health System - Mount Sinai, Toronto 0.28 km
  • The Women'S Auxiliary Play Park, Toronto 0.29 km
  • Mount Sinai Hospital, Toronto 0.3 km
  • University Health Network - Princess Margaret Cancer Centre, Toronto 0.34 km
  • Hospital for Sick Children, Toronto 0.35 km
  • The Hospital For Sick Children, Toronto 0.35 km
  • Princess Margaret Hosp, Toronto 0.36 km
  • Tgh Peter Munk Cardiac Centre, Toronto 0.39 km
  • Longo'S, Toronto 0.35 km
  • Lucky Moose Food Mart, Toronto 0.46 km
  • Fine Food On Bay, Toronto 0.47 km
  • The Kitchen Table, Toronto 0.48 km
  • Toronto Eaton Centre, Toronto 0.53 km
  • Atrium, Toronto 0.54 km
  • Fine Food Market, Toronto 0.54 km
  • Hang Hing Hong Foods, Toronto 0.55 km
  • Kabul Farms, Toronto 0.56 km
  • March� Leo'S (Express), Toronto 0.59 km
  • Dundas Street West and University Avenue, Toronto 0.05 km
  • University Avenue and Dundas Street West, Toronto 0.08 km
  • Elm Street and University Avenue, Toronto 0.14 km
  • Dundas Street West and Mccaul Street, Toronto 0.21 km
  • Edward Street and Chestnut Street, Toronto 0.24 km
  • Armoury Street and Dundas Street West and Chestnut Street, Toronto 0.24 km
  • Armoury Street and University Avenue, Toronto 0.25 km
  • Gerrard Street West and University Avenue, Toronto 0.28 km
  • Elizabeth Street and Edward Street, Toronto 0.31 km
  • Elm Street and Elizabeth Street, Toronto 0.33 km
Last Updated : 16 Days ago
488 University Avenue, Toronto, ON
$799000.0
  • 2 Bd
  • 2 Ba
  • 600-699 sq-ft
Distance : 0 metre
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488 University Avenue, Toronto, ON
$1250000.0
  • 3 Bd
  • 2 Ba
  • 1000-1199 sq-ft
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488 University Avenue, Toronto, ON
$1518000.0
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  • 2 Ba
  • 1000-1199 sq-ft
Distance : 4 metre
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488 University Avenue, Toronto, ON
$1568000.0
  • 2 +1 Bd
  • 2 Ba
  • 1000-1199 sq-ft
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Last Updated : 51 Days ago
488 University Avenue, Toronto, ON
$1450000.0
  • 3 Bd
  • 2 Ba
  • 1000-1199 sq-ft
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$899000.0
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$1275000.0
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  • 2000-2500 sq-ft
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$839900.0
  • 3 +1 Bd
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  • 1100-1500 sq-ft
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$399000.0
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$3318000.0
  • 4 +1 Bd
  • 6 Ba
  • 3500-5000 sq-ft
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225 Maxome Avenue, Toronto, ON
$1188000.0
  • 3 +1 Bd
  • 3 Ba
  • 1500-2000 sq-ft
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12 Sudbury Street, Toronto, ON
$759000.0
  • 2 Bd
  • 1 Ba
  • 800-899 sq-ft
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72 Mann Avenue, Toronto, ON
$1280000.0
  • 3 Bd
  • 2 Ba
  • 1100-1500 sq-ft
Last Updated :11 Days ago
50 Mccaul Street, Toronto, ON
$629000.0
  • 1 Bd
  • 2 Ba
  • 2500-3000 sq-ft
Last Updated :101 Days ago
80 Vanauley Street, Toronto, ON
$678000.0
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  • 2 Ba
  • 2500-3000 sq-ft
Last Updated :38 Days ago
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18 Beverley Street, Toronto, ON
$599800.0
  • 1 Bd
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  • 2500-3000 sq-ft
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203 College Street, Toronto, ON
$629800.0
  • 1 Bd
  • 1 Ba
  • 2500-3000 sq-ft
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297 College Street, Toronto, ON
$788000.0
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  • 2 Ba
  • 2500-3000 sq-ft
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Last Updated :195 Days ago
195 McCaul Street, Toronto, ON
$539900.0
  • 1 Bd
  • 1 Ba
  • 2500-3000 sq-ft
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Last Updated :360 Days ago
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Last Updated :314 Days ago
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FAQs: 488 University Avenue, Toronto

  • Q:What is the Area Size of the 488 University Avenue In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately 600-699 sq. ft and is strategically located in Toronto. The MLS No of this project is C12994256 and the Project is located in ON, Canada
  • Q: Does this Project 488 University Avenue available for Sale ?

    A: The project 488 University Avenue is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 488 University Avenue is Offering?

    A:Square Yards is giving a Cashback of $4,250 if you buy this property from us, however there are several key features offered by the 488 University Avenue. You get 2+ Beds with 2 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Parking Space available in this 488 University Avenue?

    A: 488 University Avenue in Toronto offers a total of 0 parking spaces for residents.
  • Q:How many Beds & Baths available in 488 University Avenue, Toronto?

    A: 488 University Avenue, Toronto comes with 2+ Beds for maximum convenience and space. There are 2 baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Toronto, On?

    A:Toronto, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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