Home · Buy · Toronto C01 · 488 University Avenue 5302, Toronto, ON M5G 0C1
+ 24 photos
For Sale · Condo Apartment
488 University Avenue 5302, Toronto, ON M5G 0C1
Toronto C01 · Kensington-Chinatown
ApartmentUnderground garageEast exposure
2 + 1
Beds
2
Baths
1
Parking
1200-1399
Sq ft
0-5 yrs
Built
The honest picture
List price
$1,380,000
Renavu Estimate
—
Benchmark · Condo Apt
$505,900
Listed 173% above the Kensington-Chinatown benchmark for condo apt homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
***Prime University/ Dundas Location! World-Class Award-Winning Landmark Building. Rarely come out for sale Penthouse Unit !!! Luxury $$$ Spent High End Upgrade Executive Suite. 2Beds+Den( Can Be Used As A 3rd Bedroom ) +2Baths+Parking+180 sf huge Balcony. Fantastic Views, 10' Floor To Ceiling Windows. Master Suite retreat: 5 piece ensuite bath ;W/I closets, spacious bedroom size! Wood Floor Throughout. Direct Access To The Subway From The Building. Steps To U of T. UHN Hospitals. Ryerson U( Toronto Metropolitan U ) . Financial District, Eaton Centre, Queens Park, College Park Shops. World Class 6stars Building Amenities Include : Top Of The Line Valet Parking, 24 hrs concierge, Fitness Centre With Spa, indoor pool , Party Room, Sky Bar & More!
Property details
Listed on
April 30, 2026
Days on market
85 days
Property tax
$8,018.4 (2026)
Style
Apartment
Heating
Forced Air
Cooling
Central Air
MLS®
C13064530
Full details
Parking
GarageUnderground
Total parking1
Parking featuresUnderground
Property & sold history
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See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 8.2%
$
Down:or type any amount above
This price requires at least 8.2% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$24,075
Toronto municipal LTT$24,075
Legal · title · inspection$2,800
Closing costs$50,950
Down payment$113,000
Total cash to close$163,950
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
+ 24 photos
