Kensington-Chinatown · C01 · M5G 0C1
$778,000
+ $641/mo maintenance$1,297 / sq ft2 weeks on market
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$724,999
+$616/mo feesKensington-Chinatown · C01
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.
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This home is priced in line with comparable listings — about 66% of comparable condo apartment listings in Kensington-Chinatown are asking less.
Based on 71 comparable active condo apartment listings in Kensington-Chinatown. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $778,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of FIRST CLASS REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.
$849,900
+$741/mo feesKensington-Chinatown · C01
Listing courtesy of BRAD J. LAMB REALTY 2016 INC.
$649,900
+$661/mo feesKensington-Chinatown · C01
Listing courtesy of BRAD J. LAMB REALTY 2016 INC.
$749,900
+$677/mo feesKensington-Chinatown · C01
Listing courtesy of BRAD J. LAMB REALTY 2016 INC.
$649,000
+$758/mo feesKensington-Chinatown · C01
Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED
$885,000
+$1,134/mo feesKensington-Chinatown · C01
Listing courtesy of RE/MAX HALLMARK BIBBY GROUP REALTY
