Rented for:Rented Jan 29, 2026
$4,500

Unit 3516, 488 University Avenue

Toronto (Kensington-Chinatown), ON M5G 0C1

Condo Apartment RentedNot available

Included in Rent: Building Maintenance, Common Elements, Central Air Conditioning, Parking

The Residences of 488 University Avenue exteriorThe Residences of 488 University Avenue55 storeys, 453 suites, built 2017
  • 3+1Bedrooms
  • 2Bathrooms
  • 1Parking
  • 1000–1199Sq Ft
  • Jan 15Available
  • In-Suite LaundryLaundry
  • Entire PropertyFor Lease
  • Partially

Property not available for sale or for rent.

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Sale & Price History for Unit 3516, 488 University Avenue, Toronto, Kensington-Chinatown

2026-01-13
2026-01-29
Rented
Price
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MLS#
c12690034
2025-12-08
2026-01-12
Terminated
Price
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2025-09-12
2025-12-08
Terminated
Price
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2025-05-28
2025-09-12
Terminated
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 3516, 488 University Avenue, Toronto, Kensington-Chinatown

Summarized Description

  • Stunning lakeview from private balcony.
  • Executive 3-bedroom plus den condo.
  • Direct subway access for convenience.
  • Upscale finishes and 9'8" ceilings.
  • Valet parking included.
  • Steps from University of Toronto.
  • Ideal for professionals and families.
  • Furnished or unfurnished options available.

Direct Access To The Subway. LAKEVIEW!! Stunning View!! Experience Luxury Living In The Heart Of Downtown Toronto In This Executive 3-bedroom Plus Den, 2-bathroom Condo With Valet Parking. 1,136 SQFT Indoor With 185 SQFT Balcony, Good Size Den 6"X8'7" can be Office or Studio. Located In An Iconic, Award-winning Landmark Building At University & Dundas, The Suite Offers Direct Access To St. Patrick Ttc Station For Unmatched Convenience. Featuring Soaring 9'8" Floor-to-ceiling Windows, A Private Balcony With Stunning Views, And Upscale Finishes Throughout, Including Wood Floors And High-end Upgrades. Ideal For Professionals Or Families Seeking Refined Urban Living. Steps To The University Of Toronto, Major Hospitals, The Financial District, And Surrounded By World-class Amenities-this Is City Living At Its Finest. All Amenities Within Walking Distance. Students And Newcomers Welcome! Unit Can Be furnished Or Unfurnished.

Key Facts & Features

Rental Details

Portion Of Property For Rent
Entire Property
Furnished
Partially
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 Maintenance
  • Common Elements
  • Central Air Conditioning
  • Parking

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
In-Suite Laundry
Interior Extras
Built-In Oven, Carpet Free, Ventilation System
View
City, Downtown, Clear, Panoramic, Skyline, Water
Security Features
Smoke Detector, Concierge/Security
Fireplace/Stove
No
Elevator
Yes

Exterior Features

Balcony
Open

Building Amenities

  • Gym
  • Indoor Pool
  • Rooftop Deck/Garden
  • Party Room/Meeting Room
  • Recreation Room
  • Concierge

Building

Building Type
Condo Apartment
Building Style
Apartment
Building Name
488 University
Condo Corp Number
2770

Construction

Exposure
North West
Exterior Finish
Concrete
Special Designation
Unknown

Inclusions

Inclusions
B/I FRIDGE, STOVE, OVEN, RANGEHOOD, MICROWAVE, DISHWASHER, COFFEE MACHINE. LAUNDRY, ALLEXISTING ELFS. ALL EXISTING MOTORIZED BLINDS.

Exclusions

Exclusions
Hydro and Water

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
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
3 + 1
Washrooms
2
Kitchens
1

Room sizes

  • Living Room—
    Flat level, Window Floor to Ceiling, Large Window, NW View
  • Dining Room—
    Flat level, Centre Island, Pot Lights, W/O To Balcony
  • Kitchen—
    Flat level, Galley Kitchen, B/I Appliances, Quartz Counter
  • Primary Bedroom—
    Flat level, Window Floor to Ceiling, Walk-In Closet(s), 5 Pc Ensuite
  • Bedroom 2—
    Flat level, Window Floor to Ceiling, Large Closet, North View
  • Bedroom 3—
    Flat level, Sliding Doors, Large Closet, Separate Room
  • Den—
    Flat level, Sliding Doors, Hardwood Floor, Separate Room

Washrooms

  • 5-piece, Flat
  • 4-piece, Flat

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

MLS® number
C12690034
Data source
Toronto Regional Real Estate Board
Status change
2026-01-29
Listed on
2026-01-13
Days on market
16 days
Possession date
2026-01-15
Possession type
Immediate
Co-op commission
1/2 MONTH'S+HST
Listed by
UNION CAPITAL REALTY

Home Market Value

Current home valuation for Unit 3516, 488 University Avenue, Toronto, Kensington-Chinatown, Toronto, ON. Listed for $4,500

HOMEH Estimate

?

$1,222,000

Estimated Sales Range

?

$965,380 - $1,478,620

HOMEH Estimate for Unit 3516, 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.

$1,222,000Medium confidence
Based on 4 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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