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$724,999

488 University Avenue 3301, Toronto, ON M5G 0C1, Toronto C01

2Bedrooms

2Bathrooms

0Parking

For Sale

4 Days on Market

Key Highlights

Property TypeResidential Condo & Other

Property Sub TypeCondo Apartment

CityToronto C01

NeighbourhoodKensington-Chinatown

Days on Market4 Days

ExposureNorth

LockerNone

BasementNone

Property Description

Live In The Luxurious & Exclusive Residences Of 488 University. This Stunning 2 Bed 2 Bath W/ Contemporary Finishes, High Flr W/ Unobstructed North View Offers A Spacious & Functional Layout W/ 689 SF + 115 SF Oversized Balcony, 9 Ft Ceilings W/ Pot Lights, Floor To Ceiling Windows. Top Of The Line Finishes W/ Spa Like...

Property Details

Construction MaterialsConcrete

Approximate Age0

MLS StatusNew

MLSC13776870

Annual Taxes$4,004

Maintenance Fees$615.73

Maintenance Fee IncludesHeat Included, Building Insurance Included, CAC Included, Common Elements Included

Cross StreetsUniversity Ave & Dundas St W.

Interior Features

HeatingForced Air (Electric)

CoolingCentral Air

LaundryMain Level

Interior FeaturesNone

Exterior Features

Architectural StyleCondo Apartment

Garage TypeUnderground

Pets AllowedYes-with Restrictions

Exterior FeaturesConcrete

Building & Property Amenities

community bbq

exercise room

gym

lap pool

party room/meeting room

indoor pool

heat included

building insurance included

cac included

common elements included

Comprehensive Specifications

Approximate Age6-10

AreaToronto

Balcony TypeOpen

Bedrooms Above Grade2

Contract StatusAvailable

DirectionsUniversity Ave & Dundas St W.

Garage Y NYes

Geocode SourceNOMINATIM

InclusionsBuilt-In Fridge, AEG Cooktop Oven, S/S Dishwasher, Microwave, AEG Washer & Dryer, Pot Lights, Smart Home Control, Digital Shower System. Indulge In The 5-Star Amenities Including Chic Roof-Top Sky Lounge, Sprawling 40,000 SF Fitness Center, Yoga & Spin Cycle Rooms, Lap Pool, Hot Tub, Sauna, Steam Rm, Spa Services, And 24Hr Concierge. Direct Access To St. Patrick Stn. Excellent investment opportunity as unit (last rent $3500) maintaining a history of getting leased extremely quickly (check listing records).

Kitchens Above Grade1

Kitchens Total1

Legal Stories33

List A O RToronto Regional Real Estate Board

Living Area Range600-699

Lot Size SourceMPAC

Parking Type1None

Permission To Contact Listing Broker To AdvertiseYes

Possession Date2026-09-12

Possession DetailsImmediate

Possession TypeImmediate

Property Management CompanyDuka Property Management

Rooms Above Grade4

Square Foot SourceDeveloper Floorplans

Street SuffixAvenue

Tax Year2025

Unit Number3301

Washrooms Type12

Washrooms Type1 Pcs3

Map

Rooms

Name	Size	Meter Features
Bedroom	3.05 x 2.73 m
Bedroom 2	2.99 x 2.74 m
Living Room	4.3 x 2.74 m

Mortgage Calculator & Financial Insights

Estimated Paymentmonthly

$4,671 / month

Req. Household Income

$158,965/yr

Est. Upfront Cash

$55,975

Down Payment (6.6%)$47,500

6.6% ($47,500)50% ($362,500)

Interest Rate4.04%

Amortization Period

Monthly Payment Breakdown

Principal & Interest

$3,722

Property Taxes

$334

Maintenance Fees

$616

Req. Household Income (32% GDS):$158,965/yr

* Disclaimer: Estimated calculations for informational purposes only. Actual payments may vary based on lender approval, interest rates, taxes, insurance, and other applicable costs.

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