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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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488 University Avenue #4802 Toronto C01
For SalePrice DropThe Residences of 488 University Avenue in Kensington-Chinatown

488 University Avenue #4802 Toronto C01, Condo Apartment for Sale

MLS® C13238218

Kensington-Chinatown, Toronto, ON

156 days on market
$1,518,000
Previously $1,538,000
Show on Map
Show on Map
3Beds
2Baths
1,100Sqft
1Parking
Pet Friendly
Condo Apartment

Overview· 488 University Avenue #4802 Toronto

MLS® #C13238218

Stunning Corner Suite With Unobstructed City Views Offering 1,042 Sq.Ft. Of Interior Living Space Plus A 180 Sq.Ft. Private Balcony. Floor-To-Ceiling Windows Fill The Home With Natural Light, Complemented By Wide-Plank Hardwood Floors, Smooth 10-Ft Ceilings And Modern Finishes Throughout. The Open-Concept Kitchen Features European-Style Cabinetry, Quartz Countertops, Designer Backsplash, Premium Appliances And A Spacious Centre Island. The Primary Bedroom Boasts A Spa-Inspired Ensuite With Freestanding Tub And Glass Shower. Located In The Heart Of Downtown Toronto, Steps To U Of T, Queen's Park, Financial District, Eaton Centre, Transit, Restaurants And Entertainment. Enjoy Exceptional Building Amenities Including Valet Parking, Fitness Centre, Spa, Party Lounge, Sky Bar And More.

Inclusions

All Electrical Light Fixtures, All Existing Appliances & Window Coverings. One Exclusive Underground Parking Spot- Valet Parking At Building ($240/Month Approximately).

Broker

FIRST CLASS STARLINK REALTY

Building

The Residences of 488 University Avenue

488 University Avenue8 for sale

Neighbourhood

Kensington-Chinatown

Walk 100Avg $974KArea guide

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Walk Score®100Walker's ParadiseWalker's Paradise
Transit Score®100Rider's ParadiseRider's Paradise
Bike Score®98Biker's ParadiseBiker's Paradise
Schools9527 schools within 1.5 km · nearest 195 m27 schools within 1.5 km · nearest 195 m
Parks10012 parks within 1 km · nearest 234 m12 parks within 1 km · nearest 234 m
Convenience9368 groceries, cafes and pharmacies within 1 km · nearest 93 m68 groceries, cafes and pharmacies within 1 km · nearest 93 m
Safety1Safer than 1% of Toronto neighbourhoods (2025)Kensington-Chinatown: 4,254 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.
Pet Friendly100Pets are Welcome

Highlights & Amenities· 488 University Avenue #4802 Toronto

Source: MLS® listing data
488 University Avenue #4802 Toronto

Condo Apartment

488 University Avenue #4802 Toronto

Kensington-Chinatown

Type

Condo Apartment

Basement

None

Parking

Underground (1)

Property Tax

~$6,629/yr

Heating

Forced Air

Laundry

Ensuite

Buying Essentials

Maintenance Fee

$970/mo

Fee Includes

CAC · Common Elements · Heat · Building Insurance · Parking

Square Feet

1100 sqft

Parking

Underground (1)

Locker

Ensuite

Finances

List Price

$1,518,000

Price per SQFT

$1,380/sqft

Property Tax

~$6,629/yr

Property Specs

Property Type

Condo Apartment

MLS Size

1100 sqft

Exposure

North East

Outdoor Space

Open

Basement

None

Living & Amenities

Laundry

Ensuite

Heating Type

Forced Air

Features

Other

Policies & Utilities

Pets Allowed

Yes-with Restrictions

Neighbourhood

Kensington-Chinatown

Corp #

TSCC 2770

Property Manager

Duka Property Management 416-596-1928

Listed On

Jun 4, 2026

Price & Listing History

Days on Market

Current: 156 days

0306090120+

Rooms

Living Room(Main)

Open Concept, Window Floor to Ceiling, Hardwood Floor

16.0 x 12.3

197 sqft

Kitchen(Main)

Combined w/Dining, Open Concept, Stainless Steel Appl

15.5 x 12.2

190 sqft

Dining Room(Main)

Combined w/Kitchen, Hardwood Floor, W/O To Balcony

15.5 x 12.2

190 sqft

Primary Bedroom(Main)

Double Closet, 4 Pc Ensuite, East View

10.0 x 11.6

117 sqft

Bedroom 2(Main)

Double Closet, Hardwood Floor, North View

9.2 x 9.0

83 sqft

Bedroom 3(Main)

Double Closet, Hardwood Floor, Sliding Doors

9.1 x 9.0

82 sqft

RoomsDimensionsFeaturesSqft
Living Room(Main)16.0 x 12.3Open Concept, Window Floor to Ceiling, Hardwood Floor197
Kitchen(Main)15.5 x 12.2Combined w/Dining, Open Concept, Stainless Steel Appl190
Dining Room(Main)15.5 x 12.2Combined w/Kitchen, Hardwood Floor, W/O To Balcony190
Primary Bedroom(Main)10.0 x 11.6Double Closet, 4 Pc Ensuite, East View117
Bedroom 2(Main)9.2 x 9.0Double Closet, Hardwood Floor, North View83
Bedroom 3(Main)9.1 x 9.0Double Closet, Hardwood Floor, Sliding Doors82

Rooms

6

Listed Room Area

859 sqft

Source

Estimated from MLS room dimensions

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Nearby Schools

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Schools closest to 488 University Avenue #4802 Toronto.

Source: No verified source available.Catchment boundaries and ratings are shown only when available.

No verified nearby school records were found for this property location.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$6,106/mo
Property Tax$552/mo
Total Monthly$6,658

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0