3901-488 University Ave

Kensington-Chinatown, Toronto, Ontario M5G 0C1

For Sale · MLS® C13725650 · TRREB MLS®
2
Beds
2
Baths
600-699
Sqft
None
Parking
Condo Apt
Type

Description

Experience elevated downtown living at 488 University Avenue. This exceptional 2-bedroom, 2-bathroom residence offers soaring 10-foot ceilings, floor-to-ceiling windows and breathtaking, unobstructed south-facing skyline views. Step onto the private 115 sq. ft. balcony-an ideal setting for morning coffee or relaxing at the end of the day.The sleek, modern kitchen features quartz countertops, European-style built-in appliances and upgraded cabinetry that provides valuable additional storage. The original built-in microwave space has been thoughtfully replaced with three extra drawers. The bright, open-concept living and dining area is filled with natural light, while dimmable lighting in the kitchen and hallway creates the perfect ambience.Both bedrooms are generously sized and enhanced with custom-built closets. The second bedroom features a frosted sliding door that provides privacy while allowing natural light to flow through. The primary suite is a serene retreat with motorized blackout blinds and a spa-inspired ensuite bathroom. Additional upgrades include a custom hallway closet, an LED mirror in the guest bathroom, a smart Ecobee thermostat and a brand-new all-in-one washer and dryer installed in 2025.Residents enjoy five-star amenities, including a fitness centre, indoor pool and rooftop terrace. Ideally located steps from St. Patrick Subway Station, Hospital Row, the University of Toronto, Toronto Metropolitan University, Queen's Park and the Financial District, with outstanding dining, shopping, culture and entertainment at your doorstep.Downtown Toronto living at its absolute finest.

01 / Property recordListing details

Key Facts

MLS® #
C13725650
Board
TRREB MLS®
Days on market
Tax
$4,074
Size
600-699 sqft
Parking
None, 0 Parking

Listing History

Listing activity for 3901-488 University Ave, Toronto, Ontario

Date StartDate EndList PricePriceEventListing ID
N/AN/A$724,000N/APcC13725650

Property Details

Property

Property Type
Condo Apt
Style
Apartment
Community
Kensington-Chinatown
Municipality
Toronto

Inside

Bedrooms
2
Bathrooms
2
Bathroom Detail
1, 3pc, Flat
Bathroom Detail
1, 3pc, Flat
Basement Type
None
Kitchens
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Building

Size
600-699 sqft
Construction
Concrete

Parking

Garage Type
None
Add. Parking
0
Total Parking
0

Additional

Foundation
Concrete
Fireplace
N
Den
N
Family room
N
Extras
All existing appliances, Microwave Oven
Condo maint.
$641

Rooms (6)

Dining (2.74 × 4.29)

Open Concept · Combined W/Kitchen · Pot Lights

Level: Flat

Kitchen (3.79 × 3.28)

hardwood floor · Modern Kitchen

Level: Flat

Room 3 (2.74 × 2.95)

3 Pc Ensuite · W/I Closet · Large Window

Level: Flat

2nd Br (2.67 × 3.05)

Closet · Sliding Doors · hardwood floor

Level: Flat

Bathroom (0.0 × 0.0)

3 Pc Ensuite

Level: Flat

Bathroom (0.0 × 0.0)

3 Pc Bath

Level: Flat

Location

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

17 records read 10 on record nearby 7 checked, none on recordRead 2026-11-04

Water and conservation

  • Not in Toronto and Region Conservation Authority’s mapped regulated area
  • No mapped wetland within 120 m
  • No water-supply well recorded within 250 m56 test or monitoring holes also recorded.
  • Groundwater recorded about 10.8 m below ground nearbyThe middle water level in the well records within 500 m (204 records). It changes with the season and from spot to spot.

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
  • 157 building permits issued within 250 m in the last 2 years
  • 14 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.
  • Nearest airport: 2.3 km
  • Mapped parcel: about 21,730 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.

Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels

Around the home

  • A trail on the Ontario trail network within 1 km

Province of Ontario open data

Environmental records

  • No licensed pit or quarry within 2 km
  • No recorded oil, gas or salt well within 250 m
  • 3 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Walton Street Steam Plant, 410 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.

Province of Ontario open data · Government of Canada open data

Power and internet

  • Electricity is distributed here by Toronto Hydro-Electric System Limited
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

Ontario Energy Board · Innovation, Science and Economic Development Canada

None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

02 / Plan your numbersTools

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$3,319

  • Down payment$144,800
  • Mortgage amount$579,200
  • Total interest$416,500
  • Total cost$1,140,500

Cash flow analysis

$3,319

Total monthly payment

$3,659

Break-even down payment

100%

Cash flow-$3,659
03 / Community profileNeighbourhood demographics

Expand Neighbourhood demographics to load Statistics Canada census charts.

$724,000

$724,000

CAD

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