+ 24 photos
488 University Avenue 3002, Toronto, ON M5G 0C1
Toronto C01 · Kensington-Chinatown
For Sale · Condo Apartment
488 University Avenue 3002, Toronto, ON M5G 0C1
Toronto · Kensington-Chinatown
2 hours ago
$1,150,000
▶ Virtual Tour
3
Beds
2
Baths
1
Parking
1000-1199
Sq ft
—
Built
The honest picture
▲ 138% above the area benchmark
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 Renavu Estimate and the figures in this section are produced by Renavu using our own analysis — not statistics from, provided by, or endorsed by TRREB or PropTx. Underlying property data is provided through TRREB/PropTx and is deemed reliable but not guaranteed accurate. Renavu Estimate is our data-driven opinion of value and a market reference — not this home's exact value.
About this home
- 3 bedrooms, 2 bathrooms, 1 parking space in a corner suite
- 1042 sq ft interior plus 180 sq ft private balcony
- Floor-to-ceiling windows, 10 ft ceilings, hardwood floors, freshly painted
- Primary bedroom has ensuite with freestanding tub and glass shower
- Valet parking included with unit; parking maintenance fee covers the spot
- Building amenities: fitness centre, spa, party lounge, sky bar
- Located downtown Toronto near St. Patrick Station, hospitals, universities, and subway access
Key points are generated by Renavu from the listing description — not from, provided by, or endorsed by TRREB or PropTx.
Property details
Property tax
$5,969.68 (2026)
Style
Apartment
Heating
Forced Air
Cooling
Central Air
MLS®
C13864532
Full details
Parking
Parking typeUnderground
Total parking1
Parking featuresUnderground
Underground / covered1
Room dimensions
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Foyer | Main | 2.81 × 1.64 | B/I Shelves, Hardwood Floor |
| Kitchen | Main | 4 × 3.75 | Open Concept, Centre Island, Marble Counter |
| Living Room | Main | 4.4 × 3.78 | W/O To Balcony, Window Floor to Ceiling, Hardwood Floor |
| Primary Bedroom | Main | 3.45 × 3.1 | East View, Window Floor to Ceiling, B/I Closet |
| 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 | NE View, Balcony, NW View |
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| 2026-10-05 | — | $1,150,000 | For Sale | C13864532 |
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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.
