
Unit 5407, 488 University Avenue
Toronto (University), ON M5G 0C1
Included in Rent: Building Insurance, Building Maintenance, Central Air Conditioning, Common Elements, Heat, Parking
The 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.
Sale & Price History for Unit 5407, 488 University Avenue, Toronto, University
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-11-12 | 2026-01-20 | Login to See Prices | Rented | 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
—
Estimated Sales Range
—
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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