Welcome to elevated downtown living at one of Toronto's most prestigious addresses 488 University Avenue. This stunning 2-bdrm, 2-bath luxury condo offers an exceptional blend of sophistication, comfort & convenience in the heart of the city. Featuring a thoughtfully designed interior plus a spacious 115 sqft balcony, this residence boasts soaring 10-ft ceilings & flr-to-ceiling windows that flood the space with natural light while showcasing breathtaking, unobstructed south-facing views of Toronto's skyline. The modern kitchen is a chef's dream, complete with sleek European built-in appliances, quartz countertops, and premium finishes throughout. Thoughtfully upgraded, the built-in microwave has been replaced with three additional drawers-enhancing both functionality & storage. The open-concept living area is ideal for entertaining or unwinding in style, elevated further by dimmable pot lights that allow you to set the perfect ambiance. Both bdrms are generously sized & designed for comfort & privacy. Custom upgraded built-in closets are featured in the hallway & 2nd bdrm, maximizing storage with a refined touch. The second bdrm includes a frosted sliding door, offering flexibility & privacy without sacrificing light. The primary suite is a true retreat, complete with blackout blinds with remote control & a spa-inspired ensuite. Additional premium upgrades include a LED mirror in bathroom, smart Ecobee thermostat for enhanced climate control & a convenient all-in-one washer & dryer(2025), blending efficiency with modern living. Residents enjoy access to world-class, 5-star amenities, including a fully equipped fitness centre, indoor pool & outdoor rooftop terrace-perfect for enjoying Toronto's vibrant lifestyle year-round. Located with direct subway access via St. Patrick Station & just steps to hospital row, UofT, Toronto Metropolitan University (Ryerson), Queen's Park & the Financial District, this address offers truly unmatched urban convenience.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
600-699
Exposure:
East
Bedrooms:
2
Bathrooms:
2.0
Kitchens:
1
Bedrooms Above Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
6
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
22
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
0.0
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
None
Family Room:
No
Possession Details:
90 days minimum
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$641.3
Maintenance fees include:
Common Elements Included, Building Insurance Included
Assessment Year:
2025
Taxes:
$4,004.2 /
2026
Assessment:
$- /
2025
Toronto
Toronto C01
Kensington-Chinatown
None
Yes-with Restrictions
Fridge, Stove, Range Hood, Oven, B/I Dishwasher, All in One Washer/Dryer, All Electric Light Fixtures, All Window Blinds & Coverings, All Furniture Set out in the Unit!
Concrete, Metal/Steel Siding
Concierge, Elevator, Exercise Room, Gym, Indoor Pool, Party Room/Meeting Room
Data was last updated May 19, 2026 at 02:15 PM (UTC)
Area Statistics
Listings on market:
74
Avg list price:
$627,350
Min list price:
$389,000
Max list price:
$1,798,888
Avg days on market:
36
Min days on market:
1
Max days on market:
235
These statistics are generated based on the current listing's property type
and located in
Kensington-Chinatown. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.