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$749,900Asking Price

488 University Avenue 3706, Toronto C01, ON M5G 0C1 #3706

Chinatown, Toronto

Condo
1 + 1
Bedrooms
1
Bath
0
Parking
Days on Market

*View Video Tour* Experience elevated living in the sky at The Residences of 488 University Avenue, a multi-award-winning luxury condo located along one of Toronto's most prestigious streets. This exceptionally well maintained owner occupied, never rented suite shows to perfection. 'Princess Grace' floor plan, the largest 1 bdrm + den, 1 bath in the building at 674 sq ft + a private 66 sq ft balcony. You'll notice the elevated & high quality details in this upgraded suite the moment you step in. Preferred east-facing exposure that fills the suite w/natural light, framed by breathtaking city views from every room. Floor-to-ceiling windows, 9-foot smooth ceilings, pot-lights, wide plank engineered hardwood floors, custom millwork, and an interior space that is spacious & airy. Showstopper kitchen w/European-style two-toned white and zebra wood cabinetry - there's more storage in this kitchen then some homes. Premium marble countertops & backsplash, integrated/stainless steel AEG appliances, wine fridge, breakfast bar seating. A generously sized living & dining area comfortably accommodates full-size furniture. The den is a separate room with a sliding glass door, well suited as a home office. The incredible views continue in the primary bedroom which features a walk-in dressing-room closet w/built-ins that opens to a semi-ensuite bath. The calibre of the hotel-style bathroom is rarely found in other downtown condos. It is one of the few in the building finished entirely in floor-to-ceiling marble, paired w/Kohler fixtures, walk-in rain-head shower w/body jets, freestanding soaker tub, built in TV in mirror. Incredible building amenities include the 40,000 sq ft SkyClub - an amazing commercial fitness/wellness facility, 80ft indoor lap pool & whirlpool, outdoor wraparound terrace w/city views, valet parking, concierge, direct indoor access to St. Patrick subway. Prime location along Hospital Row & major corporate, legal, financial institutions, steps to U of T, OCAD.

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Tour this home:

*View Video Tour* Experience elevated living in the sky at The Residences of 488 University Avenue, a multi-award-winning luxury condo located along one of Toronto's most prestigious streets. This exceptionally well maintained owner occupied, never rented suite shows to perfection. 'Princess Grace' floor plan, the largest 1 bdrm + den, 1 bath in the building at 674 sq ft + a private 66 sq ft balcony. You'll notice the elevated & high quality details in this upgraded suite the moment you step in. Preferred east-facing exposure that fills the suite w/natural light, framed by breathtaking city views from every room. Floor-to-ceiling windows, 9-foot smooth ceilings, pot-lights, wide plank engineered hardwood floors, custom millwork, and an interior space that is spacious & airy. Showstopper kitchen w/European-style two-toned white and zebra wood cabinetry - there's more storage in this kitchen then some homes. Premium marble countertops & backsplash, integrated/stainless steel AEG appliances, wine fridge, breakfast bar seating. A generously sized living & dining area comfortably accommodates full-size furniture. The den is a separate room with a sliding glass door, well suited as a home office. The incredible views continue in the primary bedroom which features a walk-in dressing-room closet w/built-ins that opens to a semi-ensuite bath. The calibre of the hotel-style bathroom is rarely found in other downtown condos. It is one of the few in the building finished entirely in floor-to-ceiling marble, paired w/Kohler fixtures, walk-in rain-head shower w/body jets, freestanding soaker tub, built in TV in mirror. Incredible building amenities include the 40,000 sq ft SkyClub - an amazing commercial fitness/wellness facility, 80ft indoor lap pool & whirlpool, outdoor wraparound terrace w/city views, valet parking, concierge, direct indoor access to St. Patrick subway. Prime location along Hospital Row & major corporate, legal, financial institutions, steps to U of T, OCAD.

Key Info

  • Other Condo
  • No Parking
  • University Ave & Dundas St W
  • 600-699 Approximate Sq Feet
  • East Exposure
  • Open Balcony
  • Ensuite Laundry
  • No Locker
  • Forced Air Gas Heating
  • Central Air

Property

  • $602 Monthly Condo Fees
  • Includes: Common Elements, Building Insurance.
  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Parking
  • Amenities: Concierge, Gym, Pool, Roof Deck
  • Taxes were $3,921 in 2025
  • Possession: TBD

Details

  • Concrete Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • Condo Corporation #2770
  • Condo Registry Office: TSCC
  • MLS #C12762208
  • Royal Lepage Real Estate Associates

Extras

Room Floor Dimensions Details
1 Kitchen Flat 11.68' x 15.49' Marble Counter, Stainless Steel Appliances, Breakfast Bar
2 Den Flat 6.00' x 7.51' Hardwood Floor, Separate Room, Sliding Doors
Washroom1 4-Piece Bathroom in Flat

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)