Unit 3307, 488 University Avenue
Toronto (University), ON M5G 0C1
The Residences of 488 University Avenue55 storeys, 453 suites, built 2017- 2+1Bedrooms
- 2Bathrooms
- 1Parking
- 900–999Sq Ft
- $5,286Tax
- $848/moCondo Fee
Estimated Value:$773,902See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 3307, 488 University Avenue, Toronto, University
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About Unit 3307, 488 University Avenue, Toronto, University
Step into this breathtaking corner unit, where the ceilings are high, the windows are floor-to-ceiling, and your jaw? Well, that's about to hit the floor. Natural light floods the space, making your houseplants, selfies, and morning coffee glow like they belong on a magazine cover. The open-concept living area is designed for entertaining, whether its a sophisticated soiree or just you, sprawled on the couch binge-watching real estate shows and feeling smug because you nailed it with this place. The modern kitchen boasts high-end finishes, a massive breakfast bar/center island and a walk-out to the balcony, so you can sip your morning coffee with a skyline view like a main character in a rom-com. The primary bedroom is a retreat, featuring a walk-in closet and a spa-like ensuite with a soaker tub and glass shower, because you deserve 5-star relaxation every day. The second bedroom overlooks the balcony, perfect for guests or an "I-work-from home-but-need-a-change-of-scenery" office. Speaking of home offices, the den has a sliding door, offering privacy for Zoom calls or secret midnight snack storage. Need more? How about another full bath, in-suite laundry, and direct TTC access! Not to mention world-class amenities that make leaving the building optional. And when you do, you're in the heart of the city just steps from everything hospitals, schools, shopping, the financial district, and more.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,286
- Land Transfer Tax Fee
- $52,550
Condo/Maintenance Fee
- Maintenance Fee
- $848 /month
Included In Maintenance Fee
- Common Elements Included
- Building Insurance Included
Rental Items
- Rental Equipment
- Valet parking for 1 vehicle $192.10/mth
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- In-Suite Laundry
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Open
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Condo Corp Number
- 2770
Construction
- Exposure
- South East
- Exterior Finish
- Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- Fridge, built in oven with cooktop, microwave, dishwasher, washer and dryer
Exclusions
- Exclusions
- All Staging Items
Parking & Garages
- Garage Type
- Other
- Garage Spaces
- 1
- Parking Type
- Rental
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 2 + 1
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Living Room—Main level, Window Floor to Ceiling, Open Concept
- Kitchen—Main level, Open Concept, Breakfast Bar, W/O To Balcony
- Primary Bedroom—Main level, Walk-In Closet(s), 4 Pc Ensuite
- Bedroom 2—Main level, Window Floor to Ceiling, Closet
- Den—Main level, Sliding Doors
Washrooms
- 4-piece, Main
- 4-piece, Main
- Municipality
- Toronto
- Neighbourhood
- University
- Main cross streets
- Dundas & University
- Directions
- North of Dundas, West of University
- MLS® number
- C12306232
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-01-25
- Listed on
- 2025-07-24
- Days on market
- 185 days
- Possession type
- Immediate
- Co-op commission
- 2.5%
- Seller
- Listed by
- KELLER WILLIAMS ENERGY REAL ESTATE
Home Market Value
Current home valuation for Unit 3307, 488 University Avenue, Toronto, University, Toronto, ON. Listed for $1,490,000
HOMEH Estimate
$773,902
Estimated Sales Range
$464,341 - $1,516,478
HOMEH Estimate for Unit 3307, 488 University Avenue, Toronto, University
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $990,000 over $500K
$124,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $54,594 | $41,571 | $35,462 | $0 |
=Total mortgage | $1,419,434 | $1,382,571 | $1,301,962 | $1,192,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,930monthly | $6,750monthly | $6,357monthly | $5,820monthly |
Land Transfer Tax
$26,275
$26,275
$52,550
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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