+ 24 photosFor Sale · Condo Apartment
488 University Avenue 3002, Toronto, ON M5G 0C1
Toronto C01 · Kensington-Chinatown
67 days on market
▾ PRICE CHANGE
▶ Virtual Tour3
Beds
2
Baths
1
Parking
1000-1199
Sq ft
—
Built
The honest picture
List price
$1,150,000
Where this price sits vs the typical condo apt home in Kensington-Chinatown.
Benchmark $483,000
Typical low · $458,000Typical high · $507,000
List price Benchmark Typical range
The benchmark is the typical price for condo apt homes in Kensington-Chinatown (TRREB HPI, August 2026), a market reference — not this home's exact value.
About this home
- 3 bedrooms, 2 bathrooms, 1 parking space
- 1042 sq ft interior plus 180 sq ft private balcony
- Corner suite with floor-to-ceiling windows and 10 ft ceilings
- Hardwood floors, freshly painted, fully furnished including kitchen items
- Primary suite has ensuite with freestanding tub and glass shower
- Building amenities include fitness centre, spa, party lounge, and sky bar
- Located downtown Toronto near St. Patrick Station, hospitals, universities, and shopping
Key points summarised from the listing description.
Property details
Listed on
July 9, 2026
Days on market
67 days
Property tax
$5,969.68 (2026)
Style
Apartment
Heating
Forced Air
Cooling
Central Air
MLS®
C13546234
Full details
Parking
Parking typeUnderground
Total parking1
Parking featuresUnderground
Underground / covered1
Room dimensions
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Dining Room | Flat | 6.64 × 5.12 | Combined w/Living, Hardwood Floor, W/O To Balcony |
| Foyer | Main | 2.81 × 1.64 | B/I Shelves, Hardwood Floor |
| Living Room | Flat | 6.64 × 5.12 | Combined w/Dining, Hardwood Floor |
| Kitchen | Main | 4 × 3.75 | Window Floor to Ceiling, Centre Island, Marble Counter |
| Kitchen | Flat | 6.64 × 5.12 | Marble Counter, Centre Island, B/I Appliances |
| Living Room | Main | 4.4 × 3.78 | W/O To Balcony, Window Floor to Ceiling, Hardwood Floor |
| Primary Bedroom | Flat | 4.15 × 3.05 | 5 Pc Ensuite, Walk Through, Hardwood Floor |
| Primary Bedroom | Main | 3.45 × 3.1 | East View, Window Floor to Ceiling, Closet Organizers |
| Bedroom 2 | Flat | 3.26 × 2.74 | Closet, Sliding Doors, Hardwood Floor |
| Bathroom | Main | 2.9 × 2.6 | Soaking Tub, 4 Pc Ensuite, Marble Floor |
| Bedroom 2 | Main | 2.86 × 2.72 | Window Floor to Ceiling, Closet, Hardwood Floor |
| Bedroom 3 | Main | 2.7 × 2.44 | Closet, Hardwood Floor |
| Other | Main | 7.58 × 2.42 | NW View, Balcony, Concrete Floor |
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| September 8, 2026 | — | $1,150,000 ▼ | Price cut | C13546234 |
| July 9, 2026 | — | $1,250,000 | Listed | C13546234 |
🔒
Earlier listings and sold prices for this address are protected under TRREB rules — a free account unlocks them.
Sign in free to unlock the historyComparables
Gathering recent comparable sales nearby…
Run the numbers
True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 7.8% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$19,475
Toronto municipal LTT$19,475
Legal · title · inspection$2,800
Closing costs$41,750
Down payment$230,000
Total cash to close$271,750
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.
