Welcome to elevated downtown living at one of Toronto's most prestigious addresses-488 University Avenue. This stunning 2-bedroom, 2-bathroom luxury condo offers an exceptional blend of sophistication, comfort, and convenience in the heart of the city. With a thoughtfully designed interior space plus a spacious 115 square foot balcony, this residence features soaring 10-foot ceilings and floor-to-ceiling windows that flood the unit with natural light while showcasing breathtaking and unobstructed south views of the downtown Toronto landscape. The modern kitchen is a chef's dream, complete with sleek European built-in appliances, quartz countertops, and premium finishes throughout. The open-concept living area is perfect for entertaining or relaxing in style, while both bedrooms are generously sized, offering comfort and privacy-including a luxurious primary suite with a spa-inspired ensuite. Residents enjoy access to world-class, 5-star amenities, including a fully equipped fitness centre, indoor pool, outdoor rooftop terrace, for enjoying Toronto's vibrant lifestyle year-round. Located with direct subway access (St. Patrick station) and just steps to hospitals (hospital row), University of Toronto, Toronto Metropolitan University (Ryerson), Queen's Park, and the Financial District, this address offers unmatched urban convenience. Experience luxury living at its finest-move in and enjoy everything this iconic residence has to offer.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
600-699
Exposure:
East
Bedrooms:
2
Bathrooms:
2.0
Kitchens:
1
Bedrooms Above Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
6
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
22
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
0.0
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
None
Family Room:
No
Possession Details:
90 days minimum
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$641.3
Maintenance fees include:
Common Elements Included, Building Insurance Included
Assessment Year:
2025
Taxes:
$4,004.2 /
2026
Assessment:
$- /
2025
Toronto
Toronto C01
Kensington-Chinatown
None
Yes-with Restrictions
All in place furniture is included.
Concrete, Metal/Steel Siding
Concierge, Elevator, Exercise Room, Gym, Indoor Pool, Party Room/Meeting Room
Data was last updated April 14, 2026 at 04:15 PM (UTC)
Area Statistics
Listings on market:
56
Avg list price:
$657,495
Min list price:
$389,000
Max list price:
$1,798,888
Avg days on market:
44
Min days on market:
1
Max days on market:
434
These statistics are generated based on the current listing's property type
and located in
Kensington-Chinatown. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.