
Unit 3901, 488 University Avenue
Toronto (Kensington-Chinatown), ON M5G 0C1
The Residences of 488 University Avenue55 storeys, 453 suites, built 2017- 2Bedrooms
- 2Bathrooms
- 0Parking
- 600–699Sq Ft
- $4,074Tax
- $641/moCondo Fee
- Estimated Value:$715,788See Free Estimate Report
Sale & Price History for Unit 3901, 488 University Avenue, Toronto, Kensington-Chinatown
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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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 3901, 488 University Avenue, Toronto, Kensington-Chinatown
Summarized Description
- Exceptional 2-bedroom, 2-bathroom downtown residence
- Breathtaking south-facing skyline views
- Modern kitchen with quartz countertops and built-in appliances
- Private balcony for relaxation and morning coffee
- Generously sized bedrooms with custom closets
- Spa-inspired ensuite bathroom in primary suite
- Steps from subway, universities, and Financial District
- Five-star building amenities enhance lifestyle
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 Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,074
- Land Transfer Tax Fee
- $21,910
Condo/Maintenance Fee
- Maintenance Fee
- $641 /month
Included In Maintenance Fee
- Common Elements Included
- Building Insurance Included
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite
- Laundry Level
- Main Level
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Open
Building Amenities
- Concierge
- Elevator
- Exercise Room
- Gym
- Indoor Pool
- Party Room/Meeting Room
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Condo Corp Number
- 2770
Construction
- Exposure
- East
- Exterior Finish
- Concrete, Metal/Steel Siding
- Foundation Details
- Concrete
- Special Designation
- Unknown
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
- Kitchen—Flat level, Hardwood Floor, Modern Kitchen
- Dining Room—Flat level, Open Concept, Combined w/Kitchen, Pot Lights
- Room—Flat level, 3 Pc Ensuite, Walk-In Closet(s), Large Window
- Bathroom—Flat level, 3 Pc Ensuite
- Bathroom—Flat level, 3 Pc Bath
- Bedroom 2—Flat level, Closet, Sliding Doors, Hardwood Floor
Washrooms
- 3-piece, Flat
- 3-piece, Flat
- Municipality
- Toronto
- Neighbourhood
- Kensington-Chinatown
- Main cross streets
- University Ave at Dundas St. W.
- Zoning
- Residential
- Directions
- University Ave at Dundas St. W.
- MLS® number
- C13725650
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-08-29
- Updated on
- 2026-10-22
- Days on market
- 59 days
- Possession type
- Flexible
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- FIRST CLASS REALTY INC.
Home Market Value
Current home valuation for Unit 3901, 488 University Avenue, Toronto, Kensington-Chinatown, Toronto, ON. Listed for $724,000
HOMEH Estimate
$715,788
Estimated Sales Range
$565,473 - $866,103
HOMEH Estimate for Unit 3901, 488 University Avenue, Toronto, Kensington-Chinatown
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 $224,000 over $500K
$47,400
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $27,049 | $20,200 | $17,231 | $0 |
=Total mortgage | $703,265 | $671,800 | $632,631 | $579,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,434monthly | $3,280monthly | $3,089monthly | $2,828monthly |
Land Transfer Tax
$10,955
$10,955
$21,910
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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