24 days on market
$1,349,000
For Sale

488 University Ave, Unit #5408

Kensington-Chinatown, Toronto

2 Bed|2 Bath|Yes|24 days on market

$1,349,000

Buy with Dwelly and Save $13,490

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Home Details

Maintenance
$822.7 / month
Taxes
$443 / month
Total Parking Spots
1
Garage Spaces
1
Balcony
Yes
Furnished
No
Exposure
W
Move-in Date
Dec 16, 2024
Locker
None
Hydro Included
No
Heat Included
Yes
Heating
Forced Air
Water Included
No
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Laundry Access
Main
Exterior
Concrete
Zoning
residential condo
Property Type
Condo Apt
Style
Apartment
Status
New
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Listing Description

Welcome to The Lower Penthouse at Residences at 488 University, where luxury living meets unparalleled convenience. This stunning split-layout two-bedroom, two-bathroom suite boasts unobstructed views of Lake Ontario and direct subway access to St. Patrick's Station. With 9-ft ceilings, the bright and spacious interiors feature open-concept living and dining areas, complemented by a state-of-the-art kitchen equipped with integrated European appliances and a stylish breakfast bar. The primary bedroom is a private retreat with a five-piece ensuite, including a double vanity, soaker tub, frameless glass shower, and walk-in closet. Modern finishes throughout create an airy, light-filled ambiance. Ideally situated steps from hospitals, the University of Toronto, Queens Park, and the financial district, this location offers ultimate urban convenience. Residents enjoy access to 40,000 sq. ft. of premium amenities, including an indoor pool, sauna, hot tub, steam room, gym, spin and yoga studios, a party room, 24-hour concierge, and valet parking.
Integrated Liebherr Fridge, Stove, AEG Cooktop, AEG Range hood, AEG convection microwave, AEG W/D, wine fridge, all existing window coverings & lighting fixtures.Buyer To Assume Valet Parking Agreement W/ Monthly Service Fees@ $192/Month

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Oct 31, 202428$1,368,000N/ATerminatedC9770416
Aug 28, 202464$4,880N/ATerminatedC9272022
Apr 5, 202487$5,500N/ATerminatedC8207276

Rooms

Room dimensions for 488 University Ave, Unit #5408, Toronto
Living
22 x 17374 sqft
Dining
22 x 17374 sqft
Kitchen
22 x 17374 sqft
Prim Bdrm
14 x 10140 sqft
2nd Br
11 x 999 sqft
Bathroom
0 x 00 sqft
Bathroom
0 x 00 sqft

Building Amenities

Bike Storage
Concierge
Games Room
Gym
Party/Meeting Room
Sauna

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 488 University Ave5408 is 7915

Price

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Rate

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Ammortization

Down Payment

$

Total Mortgage


Purchase Price$1349000
Down Payment$269800
Mortgage Insurance$0
Total Mortgage$1079200

Monthly Payment


Mortgage Payment$6650
Property Taxes$442
Maintenance Fees$823
Monthly Payment$7915
$7915
monthly

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About 488 University Ave, Unit #5408, Toronto

Located at 488 University Ave Unit #5408, this Toronto condo is available for sale. This property was listed for $1,349,000 on Fri Nov 29 2024. This condo's size is 900-999 Sqft. It has 2 bedrooms and 2 bathrooms. Monthly maintenance is $823 per month and taxes are approximately $5,308 annually. Views are to the West from this property. Step outside onto the open balcony. The property's amenities include Bike Storage, Concierge, Games Room, Gym, Party/Meeting Room, Sauna. The property includes the following rooms: Living, Dining, Kitchen, Prim Bdrm, 2nd Br, Bathroom, Bathroom. This property comes with 1 parking spots. 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#: C11426510 · $1,349,000 · 2 bedroom condo in Kensington-Chinatown, Toronto