488 University Avenue, Unit 4608 — photo 1

For sale

This one's priced above recent comparable sales, and new this week. Here's everything I've got — ask me anything about it.

Toronto · Toronto Region · Kensington-Chinatown

488 University Avenue, Unit 4608

Condo Apartment

MLS® #C13726308

Listed for$780,0007 days on market

2 bed 2 bath 0 parking 800-899 sq ft~$918/sq ft

New this week
12 schools within 1 km
Subway ~20 m

Free · about 10 seconds

Is $780,000 a fair price?

Our read: it’s priced above recent comparable sales — based on 102 sales nearby. Sign in free to see exactly how far above it is, plus the full range comparable homes sold in.

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Measured against 102 recent comparable sales nearby — sign in free to see the range they sold in (boards require a verified email · VOW rules).

Est. all-in monthly~$4,789/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

12 schools within ~1 km · nearest subway ~0.02 km

Property information

What condo buyers ask first

Maintenance fee: $763 / month
Square footage: 800-899 sq ft
Parking: 0 spaces · None
Locker: None
Exposure: South
Balcony: Open
Property tax: $4,765 / yr
Building: 27-storey building · Ensuite laundry

Property summary

Property type: Condo Apartment
Style: Apartment
Parking: 0 spaces · None
Heating: Forced Air
Air conditioning: Central Air
Basement: None
Kitchens: 1
Exterior: Concrete
Property tax: $4,765 / yr
MLS®: C13726308

Room dimensions

Bedroomb/i closet, sliding doors, led lighting

Flat2.43 × 2.89 m

Dining Roombreakfast bar, open concept

Flat3.53 × 5.18 m

Living Roomw/o to balcony, south view, window floor to ceiling

Flat2.94 × 3.4 m

Kitchencentre island, pot lights, b/i appliances

Flat3.53 × 5.18 m

Primary Bedroom4 pc ensuite, walk-in closet(s), window floor to ceiling

Flat2.64 × 3.2 m

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Condo Apartment

$498,000

Below recent sales

770 Bay Street, Unit 1105

1+1 bed · 1 bath·600-699 sq ft·$584/mo fee

Toronto

Listed 3 days ago · Jdl Realty Inc.

Condo Apartment

$579,990

Below recent sales

295 Adelaide Street W, Unit 1306

1+1 bed · 1 bath·700-799 sq ft·$574/mo fee

Toronto

Listed 4 days ago · Right At Home Realty

Condo Apartment

$535,000

In line with recent sales

889 Bay Street, Unit 409

1 bed · 1 bath·600-699 sq ft·1 parking·$761/mo fee

Toronto

Listed 3 days ago · eXp Realty

Condo Apartment

$826,000

Above recent sales

386 Yonge Street, Unit 3509

2 bed · 2 bath·800-899 sq ft·1 parking·$784/mo fee

Toronto

Listed 2 days ago · Master`S Choice Realty Inc.

Condo Apartment

$519,000

Above recent sales

70 Temperance Street, Unit 3007

1+1 bed · 1 bath·500-599 sq ft·$451/mo fee

Toronto

Listed 3 days ago · Homelife Landmark Realty Inc.

Condo Apartment

$509,900

Above recent sales

197 YONGE ST Street, Unit 1701

1 bed · 1 bath·500-599 sq ft·$558/mo fee

Toronto

Listed 2 days ago · Dream Home Realty Inc.

The numbers that matter

Maintenance fee: $763/mo
Property tax: $4,765/yr
Est. all-in: ~$4,789/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

Contact Alternative School SchoolPublic · Secondary · Toronto DSB0.2 km
Heydon Park Secondary SchoolPublic · Secondary · Toronto DSB0.4 km
Cornerstone Preparatory - MainPrivate · Elementary & Secondary · ..0.5 km
Orde Street Public SchoolPublic · Elementary & Secondary · Toronto DSB0.5 km
Ronald McDonald House Charities TorontoPrivate · Elementary & Secondary · ..0.5 km
Beverley SchoolPublic · Elementary & Secondary · Toronto DSB0.5 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

University / Dundas, Northwest cornerNearest transit · Subway~20 m
Toronto Union StationNearest GO / rail · GO / regional rail~1.4 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Toronto

$763KMedian sold

31Median days on market

98.7%Sale-to-list

Median sold price · Toronto1-yr -11% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Toronto

2,794,356Population (2021)

39.6Median age

$84,000Median household income

51.9%Home owners

48.1%Renters

2.4Avg household size

Source: Statistics Canada, 2021 Census

Description & details

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.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by NU STREAM REALTY (TORONTO) INC.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.