488 University Ave

Unit 5408

Toronto C01 | Kensington-Chinatown | M5G 0C1
  • 2
  • 2
  • 1

$1,349,000

Est. Mtg $4,574 /mo
  • Days on market

    80

  • Status

    New

Listing Broker RE/MAX ULTIMATE REALTY INC.
Since listed: 1 views

Home details

MLS #:

C11949554

Property type:
Condo Apt
Style:
Apartment
Taxes:
$5,307
Possession:
Locker:
None
View:
W
Maintenance:
$823
Management:
Duka Property Management - 416-596-1928
SQFT:
900-999

Description


488 University Ave, 5408, Toronto, Ontario is a Condo Apt property in Toronto C01 and in the Kensington-Chinatown community in the M5G 0C1 postal code


Welcome to The Lower Penthouse at Residences at 488 University, where luxury living meets unparalleled convenience. This stunning split-layout two-bedroom, two-bathroom suite boasts unobstructed views of Lake Ontario and direct subway access to St. Patrick's Station. With 9-ft ceilings, the bright and spacious interiors feature open-concept living and dining areas, complemented by a state-of-the-art kitchen equipped with integrated European appliances and a stylish breakfast bar. The primary bedroom is a private retreat with a five-piece ensuite, including a double vanity, soaker tub, frameless glass shower, and walk-in closet. Modern finishes throughout create an airy, light-filled ambiance. Ideally situated steps from hospitals, the University of Toronto, Queens Park ,and the financial district, this location offers ultimate urban convenience. Residents enjoy access to 40,000 sq. ft. of premium amenities, including an indoor pool, sauna, hot tub, steam room, gym, spin and yoga studio.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2025-03 2025-03 $4,200 $4,200 New C12001986
2025-01 2025-03 $1,349,000 $1,349,000 New C11949554
2024-11 2025-01 $1,349,000 $1,349,000 Ter C11426510
2024-10 2024-11 $1,368,000 $1,368,000 Ter C9770416
2024-08 2024-10 $5,250 $4,880 Ter C9272022
2024-04 2024-07 $6,000 $5,500 Ter C8207276

Comparables

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sold Date Address List Price sold Price DOM
2025-01 80 Vanauley St, 617 $999,990 $1,060,000 7
2024-12 18 Beverley St, 217 $628,000 $630,000 7
2024-11 188 Spadina Ave, 305 $599,000 $949,000 95
2024-10 195 St Patrick St, 206 $995,000 $985,000 15
2024-10 211 St Patrick St, 201 $1,050,000 $1,000,000 4
2024-10 280 Simcoe St, 709 $1,099,000 $1,075,000 45
2024-10 280 Simcoe St, 808A $749,000 $761,000 3
2024-09 280 Simcoe St, 1102 $1,129,990 $1,138,000 3
2024-09 211 St Patrick St, 1007 $999,999 $940,000 50
2024-09 99 Cameron St, 1009 $849,999 $816,000 4
2024-08 80 Vanauley St, 519 $849,000 $818,000 9
2024-08 18 Beverley St, 709 $749,000 $730,000 74
2024-07 280 Simcoe St, 1503 $1,128,000 $1,050,000 214
2024-06 435 Richmond St W, 604 $729,900 $704,000 39
2024-05 99 Cameron St, 1001 $599,000 $780,000 14

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Condo Apt

Sale activity

Toronto C01 :

Properties sold

324

Average sale price

$815,903

New Listings

852

Year on Year Growth

-0.37%

Municipality activity All Property Types

Sale activity

Toronto C01 :

Average sale price

$937,019

Properties sold

382

New Listings

962

Days on Market

16

Sale $ / List $

103%

Year on Year Growth

-0.62%


Sale Chart - Condo Apt

Toronto C01 Average Price (2 Years):

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Sale Chart - Condo Apt

TRREB Total Average Price (2 Years):

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Estimated running costs for 488 University Ave - 5408

Based on available 3rd party data

$5974

Approximate costs per month

Mortgage
$4574 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$442 p/m
Maintenance
$822 p/m

Amenities:

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

Features:

  • Clear View
  • Hospital
  • Park
  • Public Transit
  • School
Listing Broker RE/MAX ULTIMATE REALTY INC.
Data Source: TRREB

Payment calculator

$5839 monthly. In association with: TD Bank
%
  • Principal and Interest
    4574 /mo
  • Property Taxes
    $442 /mo
  • Yearly Condo Fees
    $822

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Emmalay Rattana, Realtor

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