16 days on market
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$1,329,900
For Sale

488 University Ave, Unit #2816

University, Toronto

3+1 Bed|2+1 Bath|Yes|16 days on market

$1,329,900

Buy with Dwelly and Save $13,299

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Home Details

Maintenance
$1168.7 / month
Taxes
$558 / month
Total Parking Spots
1
Garage Spaces
1
Balcony
Yes
Furnished
No
Exposure
NW
Move-in Date
Flexible
Building Age
6-10 Years
Locker
None
Hydro Included
No
Heating
Other
Water Included
No
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
Y
Air Conditioning
Central Air
Central Vaccum
No
Exterior
Brick
Property Type
Condo Apt
Style
1 Storey/Apt
Status
New
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Listing Description

Welcome to The Residences of 488 University Avenue - an iconic, award-winning luxury landmark by Amexon in the heart of downtown Toronto. This exceptionally upgraded executive suite offers a rare 3-Bedroom + Den layout, 2 full bathrooms, valet parking, and a generous northwest-facing balcony with stunning city views. Designed for the discerning homeowner, the suite features 9' floor-to-ceiling windows, wide-plank engineered wood flooring, premium finishes, and a thoughtfully designed open-concept floorplan ideal for both living and entertaining. Perfectly situated at University & Dundas, enjoy direct underground access to St. Patrick Subway Station, and walk to U of T, UHN hospitals, TMU, Financial District, Eaton Centre, Queen's Park, top-tier dining, shopping, and cultural destinations. Residents enjoy an unparalleled 5-star lifestyle with world-class amenities, concierge services, and premium wellness, fitness, and social facilities. Live at the intersection of prestige, convenience, and modern luxury - an exceptional opportunity for both end-users and investors.
High-End Appliances (B/I fridge, Stove/Oven, B/I Microwave, Dishwasher, Washer, Dryer), 1 Valet Parking Spot. Custom Made Window Blinds.

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Sep 15, 2025N/A$5,000N/AN/AC12405154
Aug 26, 202454$5,200$5,000LeasedC9269561
Jul 11, 20233$5,500$5,600LeasedC6656066
May 30, 20229$5,000$5,000LeasedC5637891
Mar 15, 202150$4,600$4,600LeasedC5151767
Feb 7, 202067$4,600$4,500LeasedC4687425

Rooms

Room dimensions for 488 University Ave, Unit #2816, Toronto
Living
13 x 12156 sqft
Dining
19 x 15285 sqft
Kitchen
19 x 15285 sqft
Primary
11 x 10110 sqft
2nd Br
10 x 990 sqft
3rd Br
9 x 1199 sqft
Den
9 x 1199 sqft
Bathroom
0 x 00 sqft
Bathroom
0 x 00 sqft

Building Amenities

Concierge
Exercise Room
Gym
Indoor Pool
Media Room
Party/Meeting Room

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 488 University Ave2816 is 8282

Price

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Rate

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$1329900
Down Payment$265980
Mortgage Insurance$0
Total Mortgage$1063920

Monthly Payment


Mortgage Payment$6556
Property Taxes$558
Maintenance Fees$1169
Monthly Payment$8282
$8282
monthly

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About 488 University Ave, Unit #2816, Toronto

Located at 488 University Ave Unit #2816, this Toronto condo is available for sale. This property was listed for $1,329,900 on Mon Nov 10 2025. This condo's size is 1000-1199 Sqft. It has 3 bedrooms and 2 bathrooms. Monthly maintenance is $1,169 per month and taxes are approximately $6,690 annually. Views are to the NorthWest from this property. Step outside onto the open balcony. The property's amenities include Concierge, Exercise Room, Gym, Indoor Pool, Media Room, Party/Meeting Room. The property includes the following rooms: Living, Dining, Kitchen, Primary, 2nd Br, 3rd Br, Den, Bathroom, Bathroom. This property comes with 1 parking spots. This property also comes with a locker. 488 University Ave, Toronto is situated in the University neighbourhood.


MLS#: C12527772 · $1,329,900 · 3 bedroom condo in University, Toronto