Rented for:Rented Jan 20, 2026
$4,700

Unit 5407, 488 University Avenue

Toronto (University), ON M5G 0C1

Condo Apartment RentedNot available

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

The Residences of 488 University Avenue exteriorThe Residences of 488 University Avenue55 storeys, 453 suites, built 2017
  • 2Bedrooms
  • 2Bathrooms
  • 1Parking
  • 900–999Sq Ft
  • Nov 12, 2025Available
  • EnsuiteLaundry
  • Entire PropertyFor Lease
  • Furnished

This home has been leased. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for Unit 5407, 488 University Avenue, Toronto, University

2025-11-12
2026-01-20
Rented
Price
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MLS#
c12540768

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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 5407, 488 University Avenue, Toronto, University

Experience elevated downtown living at its finest in this furnished two-bedroom, two-bath residence perched high above the city on the 54th floor of one of Toronto's most distinguished addresses. Wake up to panoramic South West views that stretch from the shimmering waters of Lake Ontario to the CN Tower and beyond to Mississauga. Step out onto your balcony to take in the city's rhythm from sunrise to sunset. Inside, the kitchen impresses with high-end finishes and a full suite of luxury appliances, including a Liebherr refrigerator and AEG cooktop, oven, microwave, and dishwasher. A spacious centre island anchors the open-concept space, providing room for seating -perfect for morning coffees or evening wine with friends. The primary bedroom offers a serene retreat with a generous walk-through closet fitted with organizers and a spa-inspired five-piece ensuite featuring double sinks, a glass-enclosed shower, and a deep soaker tub. The second bedroom is surprisingly large for downtown Toronto and includes a full closet and sliding door for added privacy. This suite comes with one valet parking space. Simply call down, and your car is ready when you are! Enjoy direct indoor access to St. Patrick Station for effortless commuting, and take advantage of the exclusive Sky Club fitness studio. Sky Club features fitness studios, steam rooms, saunas, an 80-foot lap pool, and a jacuzzi. Located in the heart of Toronto's Financial and Discovery Districts, you're steps from Queen Street, the Eaton Centre, the AGO, OCAD, and some of the city's most celebrated restaurants and cafés, including Momofuku, Aloette, and Dineen Coffee Co. Luxury, convenience, and breathtaking views. This is downtown living, perfected.

Key Facts & Features

Rental Details

Portion Of Property For Rent
Entire Property
Furnished
Furnished
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 Insurance
  • Building Maintenance
  • Central Air Conditioning
  • Common Elements
  • Heat
  • Parking

Rental Items

Rental Equipment
None.

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Ensuite
Laundry Level
Main Level
Interior Extras
None
View
Lake, City, Downtown, Water
Security Features
Concierge/Security
Fireplace/Stove
Yes
Elevator
Yes

Exterior Features

Balcony
Open

Building Amenities

  • Bike Storage
  • Concierge
  • Gym
  • Indoor Pool
  • Party Room/Meeting Room
  • Elevator

Building

Building Type
Condo Apartment
Building Style
Apartment
Building Name
The Residences of 488 University Avenue
Approx Age
0-5
Condo Corp Number
2770

Construction

Exposure
South West
Exterior Finish
Concrete, Metal/Steel Siding
Special Designation
Unknown

Inclusions

Inclusions
Liebherr fridge, AEG cooktop, AEG oven, AEG dishwasher, AEG microwave, stacked washer & dryer, valet parking, and all furnishings included in Schedule C.

Exclusions

Exclusions
Tenants are responsible for Hydro with Toronto Hydro and Water with ND Energy

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
2
Washrooms
2
Kitchens
1

Room sizes

  • Primary Bedroom—
    Flat level, 5 Pc Ensuite, Walk-In Closet(s), West View
  • Living Room—
    Flat level, W/O To Balcony, Combined w/Kitchen, Window Floor to Ceiling
  • Bedroom 2—
    Flat level, Sliding Doors, Closet, West View
  • Kitchen—
    Flat level, Sliding Doors, Closet, Closet Organizers

Washrooms

  • 5-piece
  • 4-piece

Area
Toronto C01
Municipality
Toronto
Neighbourhood
University
Main cross streets
University Ave & Dundas St
Directions
Via University Ave

MLS® number
C12540768
Data source
Toronto Regional Real Estate Board
Status change
2026-01-20
Listed on
2025-11-12
Days on market
69 days
Possession date
2025-11-12
Possession type
Immediate
Co-op commission
1/2 months rent + HST
Listed by
FOX MARIN ASSOCIATES LTD.

Home Market Value

Current home valuation for Unit 5407, 488 University Avenue, Toronto, University, Toronto, ON. Listed for $4,700

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for Unit 5407, 488 University Avenue, Toronto, University

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.

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Around this home

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