7 days on market
$1,299,000
For Sale

488 University Ave, Unit #3402

Kensington-Chinatown, Toronto

2+1 Bed|2+1 Bath|No|7 days on market

$1,299,000

Buy with Dwelly and Save $12,990

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Home Details

Maintenance
$895.5 / month
Taxes
$504 / month
Total Parking Spots
0
Garage Spaces
NaN
Balcony
Yes
Furnished
No
Exposure
NW
Move-in Date
Immediate
Locker
None
Hydro Included
No
Heat Included
Yes
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
None
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Exterior
Other
Property Type
Condo Apt
Style
Apartment
Status
New
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Listing Description

Live Above It All at 488 University Ave. Step into this fully furnished 3-bed (or 2+office) corner suite where walls of glass frame sweeping, unobstructed city views. The open-concept design flows effortlessly to a generous balcony perfect for morning espresso or evening wine under the skyline. A chef-inspired kitchen with premium integrated appliances invites both everyday ease and weekend entertaining. Retreat to the primary suite with spa-like ensuite and deep soaker tub, while a flexible third bedroom doubles as a bright home office. Direct indoor access to St. Patrick Station connects you to every corner of the city, with U of T, Queens Park, AGO, hospitals, and the Financial District just a short stroll away. Indulge in the private 40,000 sq. ft. SkyClub featuring an 80-ft saltwater pool, rooftop terrace, hot tub, steam rooms, sauna, and world-class fitness facilities resort living in the heart of downtown.
Fridge/freezer, electric cook top, oven, dishwasher, microwave, exhaust fan, stacked washer/dryer, all electrical light fixtures, window coverings, all chattels, furniture, bedding, decorative items, kitchenware and appliances.

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Aug 15, 20257$4,700N/ANewC12348959
Dec 4, 202461$5,000$5,000LeasedC11881419
Oct 23, 202368$5,800N/AExpiredC7240408
Apr 12, 202330$6,500$6,800LeasedC6021359
Nov 22, 2022128$6,150N/AExpiredC5833596
Oct 21, 2020173$5,490N/ATerminatedC4964157

Rooms

Room dimensions for 488 University Ave, Unit #3402, Toronto
Dining
15 x 12180 sqft
Living
16 x 12192 sqft
Primary
12 x 10120 sqft
2nd Br
9 x 981 sqft
Den
9 x 981 sqft

Building Amenities

Concierge
Gym
Indoor Pool
Party/Meeting Room
Rooftop Deck/Garden
Sauna

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 488 University Ave3402 is 7802

Price

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$1299000
Down Payment$259800
Mortgage Insurance$0
Total Mortgage$1039200

Monthly Payment


Mortgage Payment$6404
Property Taxes$503
Maintenance Fees$896
Monthly Payment$7802
$7802
monthly

Sold Comparables

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About 488 University Ave, Unit #3402, Toronto

Located at 488 University Ave Unit #3402, this Toronto condo is available for sale. This property was listed for $1,299,000 on Sat Aug 16 2025. This condo's size is 1000-1199 Sqft. It has 2 bedrooms and 2 bathrooms. Monthly maintenance is $896 per month and taxes are approximately $6,037 annually. Views are to the NorthWest from this property. Step outside onto the open balcony. The property's amenities include Concierge, Gym, Indoor Pool, Party/Meeting Room, Rooftop Deck/Garden, Sauna. The property includes the following rooms: Dining, Living, Primary, 2nd Br, Den. This property also comes with a locker. Heat is included with this property. 488 University Ave, Toronto is situated in the Kensington-Chinatown neighbourhood.


MLS#: C12348960 · $1,299,000 · 2 bedroom condo in Kensington-Chinatown, Toronto