$1,150,000
Est. payment $5,092/moCalculate yours
488 University Avenue 3002, Toronto, ON M5G 0C1
Kensington-Chinatown, Toronto, ON M5G 0C1
- 3 Beds
- 2 Baths
- 1 Garage
- 1,000 Sq Ft
Listing courtesy of PROPERTY.CA INC. MLS® C13864532
About this home
This is the home you have been dreaming of. This extraordinary 3 bedroom 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. 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.
Property details
Overview
- Property Type
- Condo Apartment
- Style
- Apartment
- For
- For Sale
- Status
- New
- Size
- 1,000 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Concrete
Lot & Parking
- Parking
- Underground garage · 1 total
Financial
- Property Taxes
- $5,970 (2026)
- Condo Fee
- $970/mo
- Fee Includes
- Heat Included, CAC Included, Common Elements Included, Building Insurance Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- Kensington-Chinatown
- Cross Street
- University Ave & Dundas St W
Listing
- MLS® Number
- C13864532
- Days on Market
- 13
- Listed On
- 2026-10-05
- Possession
- FLEXIBLE
- Listed By
- PROPERTY.CA INC.
Rooms
Features
Interior
- Other
Property
- Arts Centre
- Hospital
- Library
- Park
- Public Transit
Amenities
- Concierge
- Gym
- Indoor Pool
- Party Room/Meeting Room
- Rooftop Deck/Garden
- Sauna
- Included
- 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.
Mortgage calculator
Estimated mortgage payment
$5,092 per month
- Principal and interest
- $5,092
- Property tax
- $497
- Condo fees
- $970
- Estimated monthly cost
- $6,559
Your mortgage
- Mortgage amount
- $920,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $607,585
Cash to close
- Down payment
- $230,000
- Land transfer tax (Ontario + Toronto)
- $38,950
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $268,950
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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