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3002 - 488 University Avenue

3002 - 488 University Avenue

Toronto C01, ON

  • 3 bed
  • 2 bath
  • approx. 1000-1199 sqft
  • Condo Apartment
  • 64 days on market
$1,150,000Price reduced 8%

This is the home you have been dreaming of. This extraordinary corner suite offers breathtaking, unobstructed views of the Toronto skyline, with 1042 sqft of interior living space plus a 180 sqft private balcony. Floor to ceiling windows flood the interior with natural light, complemented by wide plank hardwood floors, smooth 10 ft ceilings and modern finishes throughout. Freshly painted and truly turnkey, this suite comes fully furnished with brand new furniture throughout, simply move in your clothes and start living. The listing price is all inclusive, covering the furniture package right down to the plates in the kitchen, making this one of the easiest move in experiences in the city. The smart, functional layout leaves no wasted space. The well sized bedrooms offer generous storage, and the large private balcony gives you the perfect spot to relax or entertain outdoors. The primary suite features a spa inspired ensuite with freestanding tub and glass shower for a true retreat at the end of the day. A standout feature of this building is valet parking, a rare offering not found anywhere else in the immediate vicinity. Parking and valet service comes included with the unit, with the parking maintenance fee covering the spot itself. No other building nearby can match this level of convenience. Located in the heart of downtown Toronto, steps to major hospitals, St. Patrick Station, U ofT, TMU, Queen's Park, the Eaton Centre, and the Financial District, with direct subway access for seamless connectivity across the city. Building amenities include a fitness centre, spa, party lounge and sky bar. Whether you are a professional, academic, or simply someone who values the best of city living, this unit has it all.

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Listing Details

Taxes (2026)
$5,970
Originally Listed
$1,250,000
Listed
July 9, 2026

Price History

Property

Style
Apartment
Construction
Concrete
Interior
Other

Parking

Garage
Underground
Covered Spaces
1
Total Parking
1

Utilities

Heat Source
Gas

Location & Legal

Cross Street
University Ave & Dundas St W
Parcel Number
767700132
Possession
Flexible
Occupancy
Vacant

Condo

Maintenance Fee
$970/month
Fee Includes
Heat Included, CAC Included, Common Elements Included, Building Insurance Included
Pets
Yes-with Restrictions
Locker
None
Balcony
Open
Amenities
Concierge, Gym, Indoor Pool, Party Room/Meeting Room, Rooftop Deck/Garden, Sauna

Included

Inclusions
Prime Location with Top Class Building Amenities in Toronto! Integrated Fridge, Stove, Microwave; Dishwasher, Range Hood; Washer And Dryer. Touch Screen B/I Lighting System In Living. Built in closet in Master Bedroom, Free Standing Soaker Tub & Separate Shower Room. All Custom Made Window Blinds, All Existing Lighting Fixtures. 1 Valet Parking.

Schools

Secondary

  • Contact Alternative School School0.2 km

    Public · Toronto DSB · 60 students

  • Heydon Park Secondary School0.4 km

    Public · Toronto DSB · 130 students

  • Subway Academy II0.5 km

    Public · Toronto DSB · 50 students

Elementary

  • Beverley School0.5 km

    Public · Toronto DSB · 75 students

  • Orde Street Public School0.5 km

    Public · Toronto DSB · 455 students

    Grade 3 reading: 85% met the provincial standard · Grade 6 math: 64% met the provincial standard

  • Ogden Junior Public School0.8 km

    Public · Toronto DSB · 230 students

    Grade 3 reading: 76% met the provincial standard · Grade 6 math: 53% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area M5G

Population
9,751
Private dwellings
7,198
Median age
30.8
Average household size
1.7
Median household income
$67,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in Toronto C01 · last 12 months

Median sold price
$656,500
Homes sold
3,092
Median days on market
26
Sale-to-list price
97.6%

Based on 3,092 recorded sales of residential condo & other properties in Toronto C01 over the last 12 months.

Rooms

4-piece on Main, 4-piece on Main

Main

  • Bathroom9'6" x 8'6"
  • Bedroom 29'5" x 8'11"
  • Bedroom 38'10" x 8'
  • Foyer9'3" x 5'5"
  • Kitchen13'1" x 12'4"
  • Living Room14'5" x 12'5"
  • Other24'10" x 7'11"
  • Primary Bedroom11'4" x 10'2"

Flat

  • Bedroom 210'8" x 9'
  • Dining Room21'9" x 16'10"
  • Kitchen21'9" x 16'10"
  • Living Room21'9" x 16'10"
  • Primary Bedroom13'7" x 10'

Listed by

PROPERTY.CA INC.

Walk Score

100

Walk

100

Transit

97

Bike

Scores by Walk Score®

Mortgage Calculator

$230,000

Estimated Monthly Payment

$5,650

Land transfer tax

Estimated land transfer tax$19,475

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $5,650/mo (20% down, 5.5%)

Taxes: $497/mo · Insurance: $288/mo

Maint: $970/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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