3415 - 488 University Avenue

Welcome to the luxurious condo for sale in Toronto , located at 488 University Avenue, Toronto. This spacious 1-bedroom plus den unit boasts one of the largest 1+Den floor plans in the building, providing an exceptional living experience with breathtaking unobstructed west views that overlook the vibrant cityscape of Toronto. The address, 488 University Avenue, Toronto, places you right in the heart of the bustling University community, ensuring that you are never far from the action.

As you step into this delightful condo for sale in Toronto, you will immediately notice the abundance of natural light that floods the space, thanks to the impressive floor-to-ceiling windows. The unit features 9-foot smooth ceilings that add to the feeling of openness and airiness. The flat kitchen is a chef’s dream, equipped with integrated European appliances and contemporary finishes that make cooking a joy. Whether you are preparing a quick breakfast or hosting a dinner party, this kitchen is sure to impress.

The spa-like bathroom is another highlight of this stunning property. Adorned with elegant marble finishes, it features a body spray standing shower and a full-size soaker tub, perfect for unwinding after a long day. The primary bedroom is sun-filled and offers a walk-through closet, providing ample storage space for your belongings. Additionally, the separate den serves as a versatile space, ideal for a home office or a small bedroom, catering to your lifestyle needs.

One of the standout features of this condo for sale in Toronto is the large balcony that offers stunning sunset views. Imagine enjoying your morning coffee or an evening drink while taking in the picturesque scenery of the city. It’s the perfect spot to relax and unwind, whether you’re entertaining guests or enjoying some quiet time.

The building itself is a marvel, featuring a gorgeous sky lobby that sets the tone for the luxury that awaits within. The impressive 5-star amenities located on the 18th and 19th floors include a terrace, a junior Olympic pool, a hot tub, and an expansive fitness centre. Additionally, the 24-hour concierge service ensures that all your needs are met, providing an extra layer of convenience and security.

While this condo for sale in Toronto does not include a pool or a fireplace, it more than makes up for it with its remarkable amenities and prime location. The property is unfurnished, allowing you to personalise the space to your taste. Furthermore, there is no central vacuum system, but the central air conditioning will keep you cool during the warmer months.

Parking is available directly from the building, although there is no garage space included with this unit. The location at 488 University Avenue, Toronto, offers direct access to the TTC and subway, making commuting a breeze. You’ll find yourself just steps away from a plethora of attractions, including hospitals, the University of Toronto, the Eaton Centre, the U of T Dental School, the Art Gallery of Ontario, OCAD, City Hall, and the bustling Financial and Entertainment Districts. The vibrant neighbourhoods of Chinatown and Baldwin Village are also within easy reach, providing endless options for dining and entertainment.

In summary, this condo for sale in Toronto at 488 University Avenue, Toronto, presents a unique opportunity to live in a luxurious space that combines modern design with exceptional amenities. With its prime location and spacious layout, this property is perfect for anyone looking to enjoy the best that city living has to offer. Don’t miss your chance to make this stunning condo your new home!

The University community in Toronto is a vibrant and dynamic geographic enclave, characterised by its rich blend of academic life and urban culture. Nestled amidst the bustling city, it boasts a diverse population of students, faculty, and researchers, creating a lively atmosphere filled with intellectual curiosity and innovation. The area is dotted with historic buildings, modern facilities, and green spaces, offering a unique juxtaposition of tradition and contemporary living. With an array of cafes, bookstores, and cultural venues, the University community serves as a hub for social interaction and collaboration, making it an ideal place for those seeking both educational opportunities and a spirited urban lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. Within just 0.5 km, you'll find Orde Street Public School, a well-rated elementary school (8.4) offering grades JK to 8, under the Toronto District School Board. Another nearby option is Lord Lansdowne Junior Public School, located 1.1 km away, which provides French-language instruction for grades JK to 8, although it currently lacks a school rating. For older students, Kapapamahchakwew - Wandering Spirit School is 1.3 km from the property, catering to grades 9 to 12, but has no rating available. St. Mary Catholic School, situated 1.6 km away, offers English instruction for grades JK to 8 with a rating of 5.9. Additionally, St. Joseph's College School, located 1.0 km from the property, provides Catholic education for grades 9 to 12 and has a solid rating of 7.2. Overall, the area boasts a mix of public and Catholic schools, ensuring a variety of educational options for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 906 residents, characterized by a relatively small average household size of 1.7. The demographic profile reveals an average age of 40.8 years, indicating a mature community. With an average household income of $101,600, the area showcases a relatively affluent population, although 19% of residents are classified as low-income. The real estate market reflects this affluence, with an average property price of $1,030,000. The community has a significant proportion of single individuals, comprising 51.5% of the population, while households with children account for 27.91%. A notable 46.58% of residents are immigrants, contributing to the area's cultural diversity. Renters make up 52% of the population, with a predominant preference for condominiums, which constitute 82% of housing options. Educational attainment is high, with 82.58% of residents holding college or university degrees. However, it is important to note that 31.61% of the population is not in the labor force, suggesting a potential area of concern regarding employment opportunities. Overall, this demographic snapshot highlights a vibrant, diverse, and educated community with a mix of housing options and income levels.