Experience elevated downtown living at 488 University Avenue. This exceptional 2-bedroom, 2-bathroom residence offers soaring 10-foot ceilings, floor-to-ceiling windows and breathtaking, unobstructed south-facing skyline views. Step onto the private 115 sq. ft. balcony-an ideal setting for morning coffee or relaxing at the end of the day.The sleek, modern kitchen features quartz countertops, European-style built-in appliances and upgraded cabinetry that provides valuable additional storage. The original built-in microwave space has been thoughtfully replaced with three extra drawers. The bright, open-concept living and dining area is filled with natural light, while dimmable lighting in the kitchen and hallway creates the perfect ambience.Both bedrooms are generously sized and enhanced with custom-built closets. The second bedroom features a frosted sliding door that provides privacy while allowing natural light to flow through. The primary suite is a serene retreat with motorized blackout blinds and a spa-inspired ensuite bathroom. Additional upgrades include a custom hallway closet, an LED mirror in the guest bathroom, a smart Ecobee thermostat and a brand-new all-in-one washer and dryer installed in 2025.Residents enjoy five-star amenities, including a fitness centre, indoor pool and rooftop terrace. Ideally located steps from St. Patrick Subway Station, Hospital Row, the University of Toronto, Toronto Metropolitan University, Queen's Park and the Financial District, with outstanding dining, shopping, culture and entertainment at your doorstep.Downtown Toronto living at its absolute finest.
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
Zoning:
Residential
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
22
Foundation:
Concrete
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
None
Family Room:
No
Possession Details:
TBA
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$853.25
Maintenance fees include:
Common Elements Included, Building Insurance Included
Taxes:
$4,074.42 /
2026
Assessment:
$- /
-
Toronto
Toronto C01
Kensington-Chinatown
None
Yes-with Restrictions
Concrete, Metal/Steel Siding
Concierge, Elevator, Exercise Room, Gym, Indoor Pool, Party Room/Meeting Room
Data was last updated August 30, 2026 at 08:15 PM (UTC)
Area Statistics
Listings on market:
76
Avg list price:
$699,400
Min list price:
$299,000
Max list price:
$1,798,000
Avg days on market:
40
Min days on market:
0
Max days on market:
228
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.