Sold for:Sold 18 days ago
$780,000

Unit 4608, 488 University Avenue

Toronto (Kensington-Chinatown), ON M5G 0C1

Condo Apartment SoldNot available
The Residences of 488 University Avenue exteriorThe Residences of 488 University Avenue55 storeys, 453 suites, built 2017

Property not available for sale or for rent.

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Sale & Price History for Unit 4608, 488 University Avenue, Toronto, Kensington-Chinatown

2026-08-30
2026-10-03
Sold
Price
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MLS#
c13726308
2026-08-20
2026-08-30
Suspended
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 4608, 488 University Avenue, Toronto, Kensington-Chinatown

Summarized Description

  • Stunning views from the 46th floor
  • Private balcony adds outdoor space
  • Split-bedroom layout for privacy
  • Abundant natural light with south-east exposure
  • Move-in ready condition, freshly painted
  • Open-concept design for entertaining
  • Luxury amenities and 24-hour concierge
  • Prime downtown location near transit and attractions

Welcome to elevated downtown living at **The Residences of 488 University Avenue**. Perched high on the **46th floor**, this beautifully refreshed **2-bedroom, 2-bathroom residence offers approximately 820 sq. ft. of interior space plus an impressive 160 sq. ft. private balcony**.The highly functional split-bedroom layout provides excellent privacy and efficient use of space. Floor-to-ceiling windows and desirable **south-east exposure** bring in abundant natural light and showcase spectacular city views. The open-concept living, dining and kitchen area is ideal for both everyday living and entertaining. The spacious primary bedroom features a walk-in closet and private ensuite, while the second bedroom is well separated for family, guests or a home office.**Freshly painted, professionally cleaned and carefully prepared for sale**, this vacant suite is move-in ready and shows beautifully.Enjoy luxury building amenities, 24-hour concierge and **direct access to St. Patrick Subway Station**, all from an exceptional downtown location steps to U of T, Queen's Park, major Toronto hospitals, OCAD, TMU, Eaton Centre, the Financial District, restaurants, shopping and entertainment.A rare opportunity to own a **true 820 sq. ft. two-bedroom residence with a 160 sq. ft. balcony on the 46th floor** at one of University Avenue's landmark addresses.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,765
Land Transfer Tax Fee
$24,150

Condo/Maintenance Fee

Maintenance Fee
$763 /month

Included In Maintenance Fee

  • Building Insurance Included
  • Common Elements Included

Basement Type
None

Interior Features

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

Exterior Features

Balcony
Open

Building

Building Type
Condo Apartment
Building Style
Apartment
Condo Corp Number
277

Construction

Exposure
South
Exterior Finish
Concrete
Special Designation
Unknown

Inclusions

Inclusions
Existing built-in refrigerator, cooktop, oven, dishwasher, range hood, washer and dryer, all existing electrical light fixtures, and all existing window coverings, if any.

Exclusions

Exclusions
None, unless otherwise specified by the Seller prior to offer acceptance.

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

  • Bedroom—
    Flat level, B/I Closet, Sliding Doors, LED Lighting
  • Dining Room—
    Flat level, Breakfast Bar, Open Concept
  • Living Room—
    Flat level, W/O To Balcony, South View, Window Floor to Ceiling
  • Kitchen—
    Flat level, Centre Island, Pot Lights, B/I Appliances
  • Primary Bedroom—
    Flat level, 4 Pc Ensuite, Walk-In Closet(s), Window Floor to Ceiling

Washrooms

  • 4-piece, Flat

Municipality
Toronto
Neighbourhood
Kensington-Chinatown
Main cross streets
Dundas & University
Directions
University Ave.

MLS® number
C13726308
Data source
Toronto Regional Real Estate Board
Status change
2026-10-03
Listed on
2026-08-30
Days on market
34 days
Possession type
1-29 days
Co-op commission
2.5% +HST
Seller
Listed by
NU STREAM REALTY (TORONTO) INC.

Home Market Value

Current home valuation for Unit 4608, 488 University Avenue, Toronto, Kensington-Chinatown, Toronto, ON. Listed for $780,000

HOMEH Estimate

?

$780,500

Estimated Sales Range

?

$616,595 - $944,405

HOMEH Estimate for Unit 4608, 488 University Avenue, Toronto, Kensington-Chinatown

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

$780,500Medium confidence
Based on 5 comparable properties
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

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Toronto, ON
Minimum Down Payment Required:6.8%

5% on first $500K + 10% on $280,000 over $500K

Minimum down payment

$53,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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+CMHC insurance
$29,078$21,762$18,564$0
=Total mortgage
$756,038$723,762$681,564$624,000
Amortization
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Payment frequency
=Mortgage payment
$3,691monthly$3,534monthly$3,328monthly$3,047monthly
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Land Transfer Tax

Provincial

$12,075

Municipal (Toronto)

$12,075

Total Land Transfer Tax

$24,150

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