Listed for:Listed 7 days ago
$699,000

Unit 4412, 488 University Avenue

Toronto (Kensington-Chinatown), ON M5G 0C1

Condo Apartment For Sale
The Residences of 488 University Avenue exteriorThe Residences of 488 University Avenue55 storeys, 453 suites, built 2017
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for Unit 4412, 488 University Avenue, Toronto, Kensington-Chinatown

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 4412, 488 University Avenue, Toronto, Kensington-Chinatown

Summarized Description

  • Luxurious 1 Bedroom plus Den suite
  • Unobstructed city and lake views
  • Upgraded built-in wine cellar
  • Modern high-end finishes throughout
  • Spa-inspired bathroom with freestanding tub
  • Den ideal for home office or second bedroom
  • Direct access to TTC/Subway
  • Steps from hospitals and universities

Welcome to the luxurious 488 University Ave! This spacious 1 Bedroom plus Den suite with unobstructed city and lake/CN tower views. Enjoy 9-ft ceilings, floor-to-ceiling windows, living room walk out to large balcony, upgraded all wide-plank laminate flooring throughout. Modern High End Cabinet W/ Integrated and Built-In Appliances, upgraded Built-In Wine Cellar. Marble Counter Top Illuminated By Hidden Under-Cabinet LED Light Strips, Pot Lights Over Kitchen. Designed Closet Organizer In Primary Bedroom's Walk-In Closet, and a spa-inspired bathroom with high end finishes, Selected Freestanding Tub & Frameless Glass Door Shower In 4 Pcs Ensuite Bath. Good Sized Den W/ Frosted Glass Sliding Door. This separate den is ideal as a home office or second bedroom. Residents enjoy premium amenities including a sky lobby, indoor pool, hot tub, fitness centre, terrace, and 24-hour concierge. Direct access to TTC/Subway and steps to hospitals, U of T, OCAD, AGO, Eaton Centre, the Financial District, Entertainment District, Chinatown, and more.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,691
Land Transfer Tax Fee
$20,910

Condo/Maintenance Fee

Maintenance Fee
$574 /month

Included In Maintenance Fee

  • Common Elements Included
  • Building Insurance Included

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Ensuite
Interior Extras
Carpet Free
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
Open

Building Amenities

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

Building

Building Type
Condo Apartment
Building Style
Apartment
Condo Corp Number
2770

Construction

Exposure
West
Exterior Finish
Concrete
Special Designation
Unknown

Inclusions

Inclusions
S/S Oven, Built-In Wine Cellar, Microwave & Range Hood, Integrated Fridge & Dishwasher, Stacked Washer & Dryer. All Elfs, and Window Coverings.

Parking & Garages

Garage Type
Underground
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
1 + 1
Washrooms
1
Kitchens
1

Room sizes

  • Living Room—
    Main level, Combined w/Dining, W/O To Balcony, West View
  • Dining Room—
    Main level, Combined w/Living, Open Concept, West View
  • Kitchen—
    Main level, B/I Appliances, Marble Counter, Pot Lights
  • Primary Bedroom—
    Main level, Ensuite Bath, Walk-In Closet(s), Large Window
  • Bathroom—
    Main level, 4 Pc Ensuite, Tile Floor
  • Den—
    Main level, Separate Room, Sliding Doors

Washrooms

  • 4-piece

Area
Toronto C01
Municipality
Toronto
Neighbourhood
Kensington-Chinatown
Main cross streets
University & Dundas
Directions
University & Dundas

MLS® number
C14091514
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-18
Updated on
2026-10-18
Days on market
7 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
AIMHOME REALTY INC.

Home Market Value

Current home valuation for Unit 4412, 488 University Avenue, Toronto, Kensington-Chinatown, Toronto, ON. Listed for $699,000

HOMEH Estimate

?

$688,661

Estimated Sales Range

?

$563,630 - $773,007

HOMEH Estimate for Unit 4412, 488 University Avenue, Toronto, Kensington-Chinatown

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

$688,661High confidence
Based on 5 comparable properties
+ $10,339 (2%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Toronto, ON
Minimum Down Payment Required:6.4%

5% on first $500K + 10% on $199,000 over $500K

Minimum down payment

$44,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$26,143$19,502$16,636$0
=Total mortgage
$679,708$648,602$610,786$559,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,319monthly$3,167monthly$2,982monthly$2,730monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$10,455

Municipal (Toronto)

$10,455

Total Land Transfer Tax

$20,910

Around this home

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