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$1,495,000Asking Price

#5202 - 488 University Avenue, Toronto, ON M5G 0C1 #2

Chinatown, Toronto

Other
3
Bedrooms
2
Baths
1
Parking
Days on Market

*****Attention Investor watch here***** : Great collect rent $$$5350/ month Opportunity , owned this 3 beds +2 full baths+ huge balconies + 1 parking , high floor with fantastic views. Prime University/ Dundas! World-Class Award-Winning Landmark Building, Direct Access To Subway. Luxury $$$ Spent High End Upgrade. Executive Suite, 1042Sqft Interior And 180Sqft Balcony With A Total Of 1222Sqft Of Living Space. 3 Beds +2Baths +1 Valet Parking+ Balcony! Fantastic Views, 9' Floor To Ceiling Windows. Wood Floor Throughout. Steps To U of T. Uhn Hospitals, Ryerson U (Toronto Metropolitan U), Financial District, Eaton Center, Queens Park, College Park Shops. World Class 6 stars Building Amenities Include: Top Of The Line Valet Parking, 24hrs concierge, Fitness Centre With Spa, indoor pool, Party Room, Sky Bar & More! **EXTRAS** Purchase Price Included: 1 Valet Parking Right, all existing Appliances, Upgrade Mirror Tv In Master Bath, Freestand Bath Tub, All Elfs' and all customer made Blinds. ***** Great Peace of mind investment opportunity:collect rent since day 1 owns it,no miss any income $$$ of any single day ! *****

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*****Attention Investor watch here***** : Great collect rent $$$5350/ month Opportunity , owned this 3 beds +2 full baths+ huge balconies + 1 parking , high floor with fantastic views. Prime University/ Dundas! World-Class Award-Winning Landmark Building, Direct Access To Subway. Luxury $$$ Spent High End Upgrade. Executive Suite, 1042Sqft Interior And 180Sqft Balcony With A Total Of 1222Sqft Of Living Space. 3 Beds +2Baths +1 Valet Parking+ Balcony! Fantastic Views, 9' Floor To Ceiling Windows. Wood Floor Throughout. Steps To U of T. Uhn Hospitals, Ryerson U (Toronto Metropolitan U), Financial District, Eaton Center, Queens Park, College Park Shops. World Class 6 stars Building Amenities Include: Top Of The Line Valet Parking, 24hrs concierge, Fitness Centre With Spa, indoor pool, Party Room, Sky Bar & More! **EXTRAS** Purchase Price Included: 1 Valet Parking Right, all existing Appliances, Upgrade Mirror Tv In Master Bath, Freestand Bath Tub, All Elfs' and all customer made Blinds. ***** Great Peace of mind investment opportunity:collect rent since day 1 owns it,no miss any income $$$ of any single day ! *****

Key Info

  • Apartment Other
  • 1 Parking
  • University & Dundas
  • 1200-1399 Approximate Sq Feet
  • 0-5 Years Approximate Age
  • North-East Exposure
  • Open Balcony
  • No Ensuite Laundry
  • No Locker
  • Forced Air Gas Heating
  • Central Air

Property

  • $822 Monthly Condo Fees
  • Includes: Central A/C, Common Elements, Building Insurance, Parking.
  • Excludes: Heat, Hydro, Water, Cable TV
  • Amenities: Concierge, Gym, Media Room, Pool
  • Taxes were $5,184 in 2024
  • Possession: Immediately

Details

  • Brick/Concrete Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • MLS #C11954339
  • RE/MAX WEST VICKY HSU GROUP REALTY

Extras

Room Floor Dimensions Details
1 Kitchen Main 15.58' x 12.30' Centre Island, Built-in Appliances, Modern Kitchen
Washroom1 5-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on Main Floor

Who lives here?

Chinatown, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, business, science, health, education, law & public sector and arts & culture professionals and salespeople. It has a higher than average population of immigrants from China, and Cantonese and Mandarin speakers. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 39.

Families

Kids Per Family

0.7

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

67% of residents are
single and loving it.

67% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

71% of residents
are renters.

71% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

64% of residents are
university grads.

64% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$92K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 15%
Business 12%
Government 9%
Culture 8%
Sciences 8%

Immigrants

41% of residents were
born outside of Canada.

41% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

China was once home to 13.2% of immigrants.
Philippines 3.0%
Hong Kong 2.7%
Vietnam 2.0%
India 1.5%

13.2% from China
All-time

Birthplace - Recent

China was once home to 2.5% of immigrants.
Hong Kong 0.9%
India 0.6%
UK 0.5%
Poland 0.4%

2.5% from China
Recent

Foreign Languages

Foreign Languages

Cantonese 11%
Mandarin 9%
French 2%
Arabic 2%
Chinese 2%

Religions

Religions

Christian 31%
Muslim 7%
Jewish 5%
Buddhist 3%
Hindu 2%

Social Housing

Social Housing Buildings

15

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

2

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)