Rented for:Rented Aug 31, 2026
$3,400

Unit 2408, 488 University Avenue

Toronto (Kensington-Chinatown), ON M5G 0C1

Condo Apartment RentedNot available

Included in Rent: Building Insurance, Central Air Conditioning, Common Elements, Heat

The Residences of 488 University Avenue exteriorThe Residences of 488 University Avenue55 storeys, 453 suites, built 2017
  • 2Bedrooms
  • 2Bathrooms
  • 0Parking
  • 800–899Sq Ft
  • Sep 24Available
  • In-Suite Laundry, EnsuiteLaundry
  • Entire PropertyFor Lease
  • Unfurnished
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for Unit 2408, 488 University Avenue, Toronto, Kensington-Chinatown

2026-08-13
2026-08-31
Rented
Price
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MLS#
c13676650
2024-12-20
2025-03-13
Rented
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 2408, 488 University Avenue, Toronto, Kensington-Chinatown

Summarized Description

  • Luxury 2-bedroom suite in downtown Toronto.
  • Private balcony with stunning city views.
  • Modern European-inspired kitchen design.
  • Spa-like ensuite for ultimate relaxation.
  • Direct access to St.
  • Patrick subway station.
  • Close to Financial District and Eaton Centre.
  • Includes high-end appliances and fixtures.
  • Vibrant neighborhood with historic charm.

Luxury Living in the Heart of Downtown Toronto! This stunning 2-bedroom, 2-bathroom suite offers an exceptional blend of style, comfort, and convenience, with sweeping south-facing city views from the spacious private balcony. The sleek European-inspired kitchen features modern finishes and a functional layout, while the spa-like primary ensuite provides a beautiful retreat at the end of the day.Enjoy an impressive collection of amenities, including an indoor pool, fitness centre, outdoor terrace, and 24-hour concierge. With direct subway access to St. Patrick Station, getting around the city is effortless, with the Financial District, Entertainment District, Eaton Centre, restaurants, shopping, and more just steps away.Set within a vibrant downtown neighbourhood, this location offers the perfect mix of historic character, culture, architecture, and modern city living.Window coverings, electric light fixtures, all kitchen appliances, washer/dryer, primary bedroom closet organizer, and roll-down blinds in the second bedroom included.

Key Facts & Features

Rental Details

Portion Of Property For Rent
Entire Property
Furnished
Unfurnished
Rent Term
12 Months
Payment Frequency
Monthly
Rental Deposit
Yes
Credit Check
Yes
Employment Letter
Yes
Rental Application
Yes
References Required
Yes

Included In Rent Fee

  • Building Insurance
  • Central Air Conditioning
  • Common Elements
  • Heat

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
In-Suite Laundry, Ensuite
Laundry Level
Main Level
Interior Extras
Carpet Free
View
Clear, Downtown, City, Skyline
Security Features
Security Guard
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
Open

Building Amenities

  • Concierge
  • Indoor Pool
  • Gym
  • Party Room/Meeting Room
  • Recreation Room
  • Exercise Room

Building

Building Type
Condo Apartment
Building Style
Apartment
Building Name
The Residences of 488 University Avenue
Approx Age
6-10
Condo Corp Number
2770

Construction

Exposure
South
Exterior Finish
Other
Special Designation
Unknown

Inclusions

Inclusions
Building Insurance, Common Elements, Central A/C and Heat are included

Exclusions

Exclusions
Hydro, Water, Wifi/Cable are not included in the rent.

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Type
None
Parking Spaces
0
Total Garage And Parking Spaces
0

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
2
Washrooms
2
Kitchens
1

Room sizes

  • Primary Bedroom—
    Flat level, Hardwood Floor, 3 Pc Ensuite, Walk-In Closet(s)
  • Living Room—
    Flat level, Hardwood Floor, Open Concept, W/O To Balcony
  • Dining Room—
    Flat level, Hardwood Floor, Open Concept, South View
  • Kitchen—
    Flat level, Hardwood Floor, B/I Appliances, Modern Kitchen
  • Bedroom 2—
    Flat level

Washrooms

  • 3-piece, Flat
  • 4-piece, Flat

Municipality
Toronto
Neighbourhood
Kensington-Chinatown
Main cross streets
University / Dundas
Directions
University to Dundas

MLS® number
C13676650
Data source
Toronto Regional Real Estate Board
Status change
2026-08-31
Listed on
2026-08-13
Days on market
18 days
Possession date
2026-09-24
Possession type
30-59 days
Co-op commission
Half Month Rent
Listed by
KELLER WILLIAMS PORTFOLIO REALTY

Home Market Value

Current home valuation for Unit 2408, 488 University Avenue, Toronto, Kensington-Chinatown, Toronto, ON. Listed for $3,400

HOMEH Estimate

?

$745,000

Estimated Sales Range

?

$588,550 - $901,450

HOMEH Estimate for Unit 2408, 488 University Avenue, Toronto, Kensington-Chinatown

What this home would sell for today, not its rent

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$745,000Medium confidence
Based on 6 comparable properties

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Around this home

10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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