Listed for:Listed Jun 4, 2026
$1,518,000

Unit 4802, 488 University Avenue

Toronto (Bay Street Corridor), ON M5G 0C1

Condo Apartment For Sale
The Residences of 488 University Avenue exteriorThe Residences of 488 University Avenue55 storeys, 453 suites, built 2017
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Sale & Price History for Unit 4802, 488 University Avenue, Toronto, Bay Street Corridor

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 4802, 488 University Avenue, Toronto, Bay Street Corridor

Summarized Description

  • Stunning corner suite with unobstructed city views.
  • 1,042 sq.ft. interior plus 180 sq.ft. balcony.
  • Floor-to-ceiling windows provide ample natural light.
  • Open-concept kitchen with premium finishes.
  • Spa-inspired ensuite with freestanding tub.
  • Located in downtown Toronto near U of T.
  • Exceptional building amenities including valet parking.
  • Steps to restaurants, entertainment, and transit.

Stunning Corner Suite With Unobstructed City Views Offering 1,042 Sq.Ft. Of Interior Living Space Plus A 180 Sq.Ft. Private Balcony. Floor-To-Ceiling Windows Fill The Home With Natural Light, Complemented By Wide-Plank Hardwood Floors, Smooth 10-Ft Ceilings And Modern Finishes Throughout. The Open-Concept Kitchen Features European-Style Cabinetry, Quartz Countertops, Designer Backsplash, Premium Appliances And A Spacious Centre Island. The Primary Bedroom Boasts A Spa-Inspired Ensuite With Freestanding Tub And Glass Shower. Located In The Heart Of Downtown Toronto, Steps To U Of T, Queen's Park, Financial District, Eaton Centre, Transit, Restaurants And Entertainment. Enjoy Exceptional Building Amenities Including Valet Parking, Fitness Centre, Spa, Party Lounge, Sky Bar And More.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$6,629
Land Transfer Tax Fee
$53,670

Condo/Maintenance Fee

Maintenance Fee
$970 /month

Included In Maintenance Fee

  • CAC Included
  • Common Elements Included
  • Heat Included
  • Building Insurance Included
  • Parking Included

Basement Type
None

Interior Features

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

Exterior Features

Balcony
Open

Building

Building Type
Condo Apartment
Building Style
Apartment
Condo Corp Number
2770

Construction

Exposure
North East
Exterior Finish
Concrete
Special Designation
Unknown

Inclusions

Inclusions
All Electrical Light Fixtures, All Existing Appliances & Window Coverings. One Exclusive Underground Parking Spot- Valet Parking At Building ($240/Month Approximately).

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Exclusive
Parking Spaces
0
Total Garage And Parking Spaces
1

Lockers

Locker Type
Ensuite

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
3
Washrooms
2
Kitchens
1

Room sizes

  • Living Room4.88 x 3.75
    Main level, Open Concept, Window Floor to Ceiling, Hardwood Floor
  • Kitchen4.72 x 3.73
    Main level, Combined w/Dining, Open Concept, Stainless Steel Appl
  • Dining Room4.72 x 3.73
    Main level, Combined w/Kitchen, Hardwood Floor, W/O To Balcony
  • Primary Bedroom3.05 x 3.55
    Main level, Double Closet, 4 Pc Ensuite, East View
  • Bedroom 22.80 x 2.74
    Main level, Double Closet, Hardwood Floor, North View
  • Bedroom 32.77 x 2.74
    Main level, Double Closet, Hardwood Floor, Sliding Doors

Washrooms

  • 4-piece, Main

Area
Toronto C01
Municipality
Toronto
Neighbourhood
Bay Street Corridor
Main cross streets
Dundas & University
Directions
Dundas & University

MLS® number
C13238218
Data source
Toronto Regional Real Estate Board
Listed on
2026-06-04
Updated on
2026-07-15
Days on market
143 days
Possession date
2026-06-04
Possession type
Immediate
Co-op commission
2.5%
Seller
Listed by
FIRST CLASS STARLINK REALTY

Home Market Value

Current home valuation for Unit 4802, 488 University Avenue, Toronto, Bay Street Corridor, Toronto, ON. Listed for $1,518,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for Unit 4802, 488 University Avenue, Toronto, Bay Street Corridor

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

Insufficient Data
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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Toronto, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$303,600

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$1,214,400$1,138,500$1,062,600$986,700
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,929monthly$5,559monthly$5,188monthly$4,818monthly
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Land Transfer Tax

Provincial

$26,835

Municipal (Toronto)

$26,835

Total Land Transfer Tax

$53,670

Around this home

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