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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Toronto
  • Kensington-Chinatown
  • 488 University Avenue
488-university-avenue-toronto-ontario-c12076784
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  • Sold Sold in Jul 2025
  • Condo Apt

4511 - 488 University Avenue

Toronto, Kensington-Chinatown
  • 1 + 1 Bedrooms
  • 1 Bathrooms
  • 0 Garage
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Sold Price: $ 738,888
7.63%
Listed Price: $ 799,900
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Key Facts About 4511 - 488 University Avenue, Toronto

  • Tax $3,455 / 2024
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $554.07
  • Size 600 - 699 feet²
  • Listing # C12076784
  • Data Source PROPTX
  • Days on Market 107
  • Listed On 11/04/2025
  • Updated On 02/11/2025
  • Market Demand
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Description

"488 University!" The Most Prestigious Address In The Heart Of Downtown Financial District. Direct Access To St. Patrick Subway Station Through Ground floor lobby. Walk To Eaton Centre, U Of T, A.G.O., Fashion District & Entertainment District. Excellent One Bedroom plus Den Layout for approx. 620 SF. An open deep walk-out balcony accommodates full patio set for outdoor enjoyment. Den Is A Separate Room With Door, Can Be Used As 2nd Bdrm! 9' Smooth Ceiling, B/I Euro Kitchen Appliances, Engineered Hardwood Floor. Spa Like Luxury Bathroom Incl. F

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Property Details of 4511 - 488 University Avenue, Toronto

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Kensington-Chinatown
  • Municipality Toronto

Inside

  • Bedrooms 1
  • Bathrooms 1
  • Kitchen 1
  • Rooms 4
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Heat Pump
  • Heating Fuel Gas

Building

  • Size 600 - 699 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete, Stone
  • Amenities Concierge, Exercise Room, Indoor Pool, Party Room/Meeting Ro...View More

Parking

  • Drive Way None
  • Garage 0
  • Total Parking Places 0

Land

  • Cross Street University & Dundas

Features

  • Arts Centre Y
  • Clear View Y
  • Hospital Y
  • Public Transit Y
  • School Y

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Our Estimate

See Real Estate Market Trends in Toronto

Estimated Rent

$ 3,024

Rental Yield

4.30%

School Score

7.9/10

Rental Score

4.5/5

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Rooms

Living Room (5.12X3.17 metre)
Level: Flat
Dining Room (5.12X3.17 metre)
Level: Flat
Kitchen (3.23X3.17 metre)
Level: Flat
Primary Bedroom (3.05X3.05 metre)
Level: Flat
Den (3.05X1.58 metre)
Level: Flat
Other (3.35X1.83 metre)
Level: Flat

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,123

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $554
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 4511 - 488 University Avenue, Toronto

Nestled in the heart of Toronto, at the prestigious address of 488 University Avenue, this exceptional apartment for sale in Toronto offers a unique opportunity for those seeking a vibrant urban lifestyle. Located in the bustling Financial District, this condo apartment boasts direct access to St. Patrick Subway Station through the ground floor lobby, making commuting a breeze. With its prime location, residents can easily stroll to the renowned Eaton Centre, the University of Toronto, the Art Gallery of Ontario, the Fashion District, and the lively Entertainment District.

This splendid apartment for sale in Toronto features a well-designed layout, comprising one bedroom and a den, which can be cleverly utilised as a second bedroom if desired. The total area of approximately 620 square feet provides ample space for comfortable living. The den is a separate room with a door, ensuring privacy and versatility for various uses, whether it be for work, study, or as an additional sleeping space.

The apartment at 488 University Avenue, Toronto, showcases a modern and stylish design with a flat kitchen that is equipped with built-in European appliances, perfect for those who enjoy cooking and entertaining. The open-plan living area flows seamlessly onto a deep walk-out balcony, which is spacious enough to accommodate a full patio set, ideal for outdoor enjoyment and relaxation. The smooth 9-foot ceilings enhance the feeling of space and light throughout the apartment.

The bathroom in this apartment for sale in Toronto is nothing short of luxurious. It features a spa-like atmosphere with a free-standing tub, a separate shower stall complete with body spray, and even a built-in television in the mirror for a touch of indulgence. The elegant Carrara marble flooring and marble wall add a sophisticated touch, creating a serene retreat within your own home.

While this apartment does not come with a pool or a fireplace, it makes up for it with its incredible amenities. The building boasts a remarkable 40,000 square foot Skyclub, which is flooded with natural light and equipped with state-of-the-art fitness equipment. Residents can take advantage of multi-purpose fitness studios, steam rooms, saunas, and an 80-foot lap pool, as well as a jacuzzi for relaxation after a long day. This apartment for sale in Toronto truly embodies the dream of downtown living, offering a lifestyle that is both convenient and luxurious.

The community surrounding 488 University Avenue, Toronto, is vibrant and diverse, with a rich tapestry of culture and entertainment right at your doorstep. Living here means being part of a dynamic neighbourhood that is constantly buzzing with activity. Whether you are looking to enjoy a night out at one of the many nearby restaurants or catch a show in the Entertainment District, everything you need is just a short walk away.

In terms of practicality, this apartment is unfurnished, allowing you to personalise the space to reflect your own style and preferences. The central air conditioning ensures comfort throughout the year, while the heat pump provides efficient heating during the colder months. Although there is no garage space or parking available, the proximity to public transport and the array of amenities in the area more than compensates for this.

In summary, if you are searching for an apartment for sale in Toronto that combines luxury, convenience, and a vibrant lifestyle, look no further than this remarkable residence at 488 University Avenue, Toronto. With its excellent layout, high-end finishes, and outstanding amenities, this apartment is a true gem in the heart of the city, offering everything you need for an enjoyable urban living experience. Don’t miss out on the chance to make this stunning apartment your new home!

Kensington-Chinatown, nestled in the heart of Toronto, is a vibrant and eclectic neighbourhood that seamlessly blends diverse cultures and rich histories. Renowned for its bustling markets, charming boutiques, and an array of international eateries, this area offers a unique urban experience. The streets are alive with the sounds of street vendors and the aromas of various cuisines, reflecting its multicultural fabric. With a lively arts scene, including galleries and street art, as well as a strong sense of community spirit, Kensington-Chinatown is an inviting locale for those seeking both excitement and a sense of belonging in the city. Its proximity to downtown Toronto ensures easy access to the city’s amenities while maintaining a distinctive character that sets it apart.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Orde Street Public School, just 0.5 km away, offering elementary education (JK to 8) with a commendable rating of 8.4. For older students, Kapapamahchakwew - Wandering Spirit School, located 1.4 km from the property, provides high school education (grades 9 to 12), although it currently has no rating available. Additionally, Lord Lansdowne Junior Public School, 1.1 km away, offers French-language education for elementary grades but lacks a rating. St. Mary Catholic School, situated 1.6 km from the property, serves elementary students (JK to 8) with a rating of 5.9, while St. Joseph's College School, 1.0 km away, caters to high school students (grades 9 to 12) and has a rating of 7.2. Overall, the area boasts a mix of public and Catholic schools, providing a range of educational options for children of all ages, contributing to a family-friendly environment.

FAQs About 4511 - 488 University Avenue, Toronto

How many bathrooms does this property have?

This property features 1 bathroom(s) and 1 bedroom(s).

Does this 1 bedroom property have additional bedrooms or a den?

This Condo Apt property includes 1 additional bedrooms.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 1 bed property in Toronto is 600 - 699.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 488 University Avenue?

This property does not feature a garage.

What type of garage does this property have?

Information about the garage type is not provided.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $554.07.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Heat Pump.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 4511 - 488 University Avenue, Toronto

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Listing History

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