$1,568,000
488 University Avenue 4310, Toronto, ON M5G 0C1
University · Toronto · M5G 0C1
Listing brokerage: REALTY ASSOCIATES INC.
- Beds
- 2 + Den
- Baths
- 2
- Sq ft
- 1000–1199
- Parking
- 1
Monthly costs
Maintenance
$1,001/mo
$0.95 per sq ft
Property taxes
$503/mo
$6,040 a year (2025)
About $1,504 a month in fees and taxes, before the mortgage.
The fee covers
- Covered: Heat
- Covered: Common Elements
- Not covered: Hydro
- Not covered: Water
- Not covered: Air conditioning
Bills not covered are paid by the owner.
For investors: Likely not rent controlled: no cap on the yearly increase for units first lived in after Nov 15, 2018. Ontario rules
The unit
- Exposure
- South West
- Parking
- 1 spot · Underground
- Locker
- None
- Balcony
- Open
- Laundry
- Ensuite
- Age
- New
- Possession
- Flexible
The building
The Residences of 488 University Avenue
488 University Ave · Grange Park
- 4 for sale
- 8 for rent
- 38 floors
About this home
Welcome To The 5 Star Luxury Condo At The Residence Of 488 With Direct Access To Subway! Breathtaking CN Tower and Lake View! 1075 Sqft Plus 165 Sqft Massive Balcony. 10 Ft Ceiling, Abundant Natural Light. European built-in Appliances And Marble Countertops In The Kitchen. Move In And Enjoy Your Free 5 Star Gym Membership At Skyclub. Steps Away To Hospitals, U Of T, Ryerson, Queens Park & Financial District. Stunning Building Amenities, Indoor Pool.
All details25 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing
Interior
- Bedrooms
- 2 + Den
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 6
- Size
- 1000-1199 sq ft
Features
- Carpet Free
Building & Amenities
- Floor
- 26
- Property management
- Duka Property Management
Amenities
- Bike Storage
- Concierge
- Gym
- Indoor Pool
- Party Room/Meeting Room
- Rooftop Deck/Garden
Heating & Cooling
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- Central Air
Parking
- Covered spaces
- 1
Features
- Underground
Exterior & Lot
- Style
- Apartment
- Exterior
- Concrete
- View
- Lake, Skyline
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- C13681320
- Type
- Condo Apartment
- Transaction
- For Sale
- Neighbourhood
- University
- New construction
- Yes
- Cross streets
- University Ave/Dundas St. W
Rooms · 9Foyer, Kitchen, Living Room, Dining Room, Primary Bedroom, Bedroom 2, Den, Washroom ×2
Foyer
Main
6.62 × 1.20 m · 21′9″ × 3′11″
Hardwood Floor, Pot Lights, Large Closet, Foyer
Kitchen
Main
4.95 × 3.08 m · 16′3″ × 10′1″
B/I Appliances, Marble Counter, Pot Lights, Kitchen
Living Room
Main
5.27 × 4.98 m · 17′3″ × 16′4″
Window Floor to Ceiling, SW View, Combined w/Dining, Living Room
Dining Room
Main
5.05 × 4.88 m · 16′7″ × 16′0″
Window Floor to Ceiling, W/O To Balcony, SW View, Dining Room
Primary Bedroom
Main
3.35 × 3.20 m · 11′0″ × 10′6″
5 Pc Ensuite, Pot Lights, Hardwood Floor, Primary Bedroom
Bedroom 2
Main
3.66 × 2.74 m · 12′0″ × 9′0″
Hardwood Floor, Window Floor to Ceiling, Closet, Bedroom 2
Den
Main
2.75 × 1.68 m · 9′0″ × 5′6″
Hardwood Floor, LED Lighting, Walk-In Closet(s), Den
5-piece washroom
Main
4-piece washroom
Main
History
Past listings and sales for this home and building.
Location
488 University Avenue 4310, Toronto, ON M5G 0C1 · Near University Ave/Dundas St. W
Monthly cost
Estimated monthly cost
$8,447/mo
- Mortgage
- $6,943
- Property tax
- $503
- Maintenance
- $1,001
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$371,999
$313,600 down + $58,399 to $59,649 in closing costs
- Ontario land transfer tax
- $27,835
- Toronto land transfer tax
- $27,835
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Status certificate
- $100
- Property tax adjustment
- $298
- Condo fee adjustment
- $581
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
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The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
$1,568,000
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