368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

488 University Avenue 3901, Toronto, ON M5G 0C1

$778,000
  • Sale
  • Condo Apartment
  • 27 days ago
  • Updated: 2026-09-05

Property Overview

Property Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Garage
0
Size
N/A
Age
N/A
Experience elevated downtown living at 488 University Avenue. This exceptional 2-bedroom, 2-bathroom residence offers soaring 10-foot ceilings, floor-to-ceiling windows and breathtaking, unobstructed south-facing skyline views. Step onto the private 115 sq. ft. balcony-an ideal setting for morning coffee or relaxing at the end of the day.The sleek, modern kitchen features quartz countertops, European-style built-in appliances and upgraded cabinetry that provides valuable additional storage. The original built-in microwave space has been thoughtfully replaced with three extra drawers. The bright, open-concept living and dining area is filled with natural light, while dimmable lighting in the kitchen and hallway creates the perfect ambience.Both bedrooms are generously sized and enhanced with custom-built closets. The second bedroom features a frosted sliding door that provides privacy while allowing natural light to flow through. The primary suite is a serene retreat with motorized blackout blinds and a spa-inspired ensuite bathroom. Additional upgrades include a custom hallway closet, an LED mirror in the guest bathroom, a smart Ecobee thermostat and a brand-new all-in-one washer and dryer installed in 2025.Residents enjoy five-star amenities, including a fitness centre, indoor pool and rooftop terrace. Ideally located steps from St. Patrick Subway Station, Hospital Row, the University of Toronto, Toronto Metropolitan University, Queen's Park and the Financial District, with outstanding dining, shopping, culture and entertainment at your doorstep.Downtown Toronto living at its absolute finest.

Key Details

  • C13725650
  • 0
  • $778,000
  • Owner
  • 1 + 1
  • Apartment
  • 2
  • 2
  • 600-699 Sqft
  • N/A
  • N/A
  • Condo Apartment
  • Sale

Additional Details

  • Forced Air / Gas
  • Residential
  • $4074.42
  • 2026
  • N/A
  • N
  • None
  • Central Air
Neighbourhood profile DA 35200901 · 2021 Census

Key signals

Owner vs renter

Owner vs renter split.

Median home value

—

Owner cost / mo

—

Median rent / mo

—

Owner : renter

—

Dwelling types

Bedroom mix

Condition & suitability

Built when?

Homes by decade.

Median HH income

—

before tax

After-tax HH

—

median

Median individual

—

Low-income rate

—

Income benchmarks

Shelter cost burden (30%+ of income)

Shelter burden.

Education (ages 25-64)

Population

—

Median age

—

Avg HH size

—

Immigrants

—

Age groups

Age groups.

Language at home

Visible minority

Visible minority.

Employment rate

—

Unemployment

—

labour force

Work from home

—

of employed

Full-yr full-time

—

stable jobs

Commute mode

Commute duration

Commute duration.

Pop. density

—

per km²

5-yr stability

—

did not move

Occupied dwellings

—

Pop. change

—

since 2016

Pressure index

Pressure indicators.

Neighbourhood mobility (5 yr)

Statistics Canada, 2021 Census, Dissemination Areas (98-401-X2021006).

What's near transit

Subway and bus stops within 1 km · 488 University Avenue 3901, Toronto, ON M5G 0C1

St Patrick Station - Northbound Platform
42 m ~ 1 min walk
Dundas St West at University Ave - St Patrick Station
305Dundas
62 m ~ 1 min walk
Dundas St West at University Ave - St Patrick Station
306Carlton
62 m ~ 1 min walk
Dundas St West at University Ave - St Patrick Station
505Dundas
62 m ~ 1 min walk
Dundas St West at University Ave - St Patrick Station
506Carlton
95 m ~ 2 min walk
Queen St West at University Ave - Osgoode Station
301Queen
519 m ~ 7 min walk
Queen St West at University Ave - Osgoode Station
501Queen
519 m ~ 7 min walk
University Ave at Adelaide St West
503Kingston Rd
741 m ~ 10 min walk
Spadina Ave at Dundas St West North Side
310Spadina
773 m ~ 10 min walk
Spadina Ave at Dundas St West North Side
510Spadina
773 m ~ 10 min walk
King St West at Simcoe St - St. Andrew Station
304King
893 m ~ 12 min walk
King St West at Simcoe St - St. Andrew Station
504King
893 m ~ 12 min walk
King St West at Simcoe St - St. Andrew Station
508Lake Shore
893 m ~ 12 min walk
Elm St at University Ave East Side
13Avenue Rd
161 m ~ 3 min walk
University Ave at Gerrard St West
19Bay
320 m ~ 4 min walk
Yonge St at Dundas St West - TMU Station
320Yonge
646 m ~ 9 min walk
Yonge St at Dundas St West - TMU Station
97Yonge
646 m ~ 9 min walk
Wellesley St West at Parliament Building
94Wellesley
919 m ~ 12 min walk

Neighbourhood Profile

Kensington-Chinatown
Toronto neighbourhood · 2021 census
6.5 / 10
$62K
Median income
34.8 yrs
Median age
$850K
Median home value
68%
Renters
Transit
24.0%
Car
22.3%
Walk / bike
50.0%
$1,530/mo
Median rent
44%
Renters 30%+ on shelter
🌳Park 🛝Playground 📚Library 🚔Police station 🚇Subway / light rail 🚌Bus / streetcar 🏥Hospital 🩺Clinic / GP 🏡Long-term care
Data: Statistics Canada 2021 Census · EQAO 2023-2024 · City of Toronto open data

Properties you may like

Recently sold nearby

Condo Apartment · within 1.5KM · last 90 days

Addresssold priceBedroomDistance · sold
488 University Avenue 5302, Toronto, ON M5G 0C1$1,200,00030 km · 55 days ago
488 University Avenue 4203, Toronto, ON M5G 0C1$764,00020 km · 74 days ago
488 University Avenue 3812, Toronto, ON M5G 0C1$672,00020 km · 57 days ago
426 University Avenue 1705, Toronto, ON M5G 1S9$434,00010.1 km · 51 days ago
426 University Avenue 2309, Toronto, ON M5G 1S9$410,00010.1 km · 57 days ago

Internet Coverage — 488 University Avenue 3901, Toronto, ON M5G 0C1

ISED Canada ↗

Based on hexagonal coverage zones · Hex: ON43640794

  • Bell
    DSL Fibre Mobile
  • Rogers
    Cable Fibre Fixed Wireless Mobile
  • Telus
    Mobile
  • Xplore
    Satellite
  • Beanfield Metroconnect
    Fibre
  • CIK Telecom
    Fibre
  • Dotto One
    Fibre
  • FibreStream
    Fibre
  • Freedom Mobile
    Mobile
  • Rally
    Fibre
  • SkyChoice Communications
    Fixed Wireless

Coverage is based on hexagonal zones from ISED Canada, not individual addresses. Confirm availability directly with the ISP before purchasing a plan. Roofup.ca makes no guarantee of service accuracy at this location.

Est. monthly payment
—
—
Edit details
$
%
yr
%

Down payment
—
Loan amount
—
Land transfer tax
—
CMHC premium
—
Total upfront
—

Enter your expected mortgage, annual expenses, and rental income to calculate monthly cash flow for this investment property.

$
$
$
Monthly Cash Flow
—
net per month
Annual Cash Flow
—
net per year
Monthly Costs
—
mortgage + expenses
Cost Coverage
—
costs vs rent
—

Estimates only. Not financial or investment advice.

FAQ
  • What is the total square footage of the c13725650 - 488 University Avenue 3901, Toronto, ON M5G 0C1?

    The total square footage of this property is 600-699 SqFt.

  • What schools near to c13725650 - 488 University Avenue 3901, Toronto, ON M5G 0C1?

    The nearest schools are Orde Street Public School for elementary and Contact Alternative School for secondary.

  • What amenities are included with c13725650 - 488 University Avenue 3901, Toronto, ON M5G 0C1?

    This property includes the following amenities: Concierge,Elevator,Exercise Room,Gym,Indoor Pool,Party Room/Meeting Room.

Book a Viewing or Contact Us

Ask a question or request a viewing, we’ll respond quickly

Or
Text (416-939-2500) me directly for fastest response
RoofUp
Logo