Gurvinder Nokwal REALTOR®
For Sale Condo Apartment 13 days on market

$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

Room Level Dimensions
Kitchen Main 13′ 1″ × 12′ 4″
Primary Bedroom Main 11′ 4″ × 10′ 2″
Bathroom Main 9′ 6″ × 8′ 6″
Foyer Main 9′ 3″ × 5′ 5″
Other Main 24′ 10″ × 7′ 11″
Bedroom 2 Main 9′ 5″ × 8′ 11″
Bedroom 3 Main 8′ 10″ × 8′ 0″
Living Room Main 14′ 5″ × 12′ 5″

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

Minimum for this price: $90,000 (7.83%)

Amortization, years

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
Total, before legal fees
$268,950
Talk to me about financing

Estimates 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

488 University Avenue 3002, Toronto, ON M5G 0C1 Kensington-Chinatown, Toronto, ON M5G 0C1
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,150,000 488 University Avenue 3002, Toronto, ON M5G 0C1
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