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$799,999Asking Price

488 University Avenue 4608, Toronto, ON M5G 0C1 #4608

Chinatown, Toronto

Condo
2
Bedrooms
2
Baths
0
Parking
Day on Market

Welcome to elevated downtown living at **The Residences of 488 University Avenue**. Perched high on the **46th floor**, this beautifully refreshed **2-bedroom, 2-bathroom residence offers approximately 820 sq. ft. of interior space plus an impressive 160 sq. ft. private balcony**.The highly functional split-bedroom layout provides excellent privacy and efficient use of space. Floor-to-ceiling windows and desirable **south-east exposure** bring in abundant natural light and showcase spectacular city views. The open-concept living, dining and kitchen area is ideal for both everyday living and entertaining. The spacious primary bedroom features a walk-in closet and private ensuite, while the second bedroom is well separated for family, guests or a home office.**Freshly painted, professionally cleaned and carefully prepared for sale**, this vacant suite is move-in ready and shows beautifully.Enjoy luxury building amenities, 24-hour concierge and **direct access to St. Patrick Subway Station**, all from an exceptional downtown location steps to U of T, Queen's Park, major Toronto hospitals, OCAD, TMU, Eaton Centre, the Financial District, restaurants, shopping and entertainment.A rare opportunity to own a **true 820 sq. ft. two-bedroom residence with a 160 sq. ft. balcony on the 46th floor** at one of University Avenue's landmark addresses.

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Tour this home:

Welcome to elevated downtown living at **The Residences of 488 University Avenue**. Perched high on the **46th floor**, this beautifully refreshed **2-bedroom, 2-bathroom residence offers approximately 820 sq. ft. of interior space plus an impressive 160 sq. ft. private balcony**.The highly functional split-bedroom layout provides excellent privacy and efficient use of space. Floor-to-ceiling windows and desirable **south-east exposure** bring in abundant natural light and showcase spectacular city views. The open-concept living, dining and kitchen area is ideal for both everyday living and entertaining. The spacious primary bedroom features a walk-in closet and private ensuite, while the second bedroom is well separated for family, guests or a home office.**Freshly painted, professionally cleaned and carefully prepared for sale**, this vacant suite is move-in ready and shows beautifully.Enjoy luxury building amenities, 24-hour concierge and **direct access to St. Patrick Subway Station**, all from an exceptional downtown location steps to U of T, Queen's Park, major Toronto hospitals, OCAD, TMU, Eaton Centre, the Financial District, restaurants, shopping and entertainment.A rare opportunity to own a **true 820 sq. ft. two-bedroom residence with a 160 sq. ft. balcony on the 46th floor** at one of University Avenue's landmark addresses.

Key Info

  • Apartment Condo
  • No Parking
  • No Garage
  • Dundas & University
  • 800-899 Approximate Sq Feet
  • South Exposure
  • Open Balcony
  • Ensuite Laundry
  • No Locker
  • Forced Air Gas Heating
  • Central Air

Property

  • $762 Monthly Condo Fees
  • Includes: Common Elements, Building Insurance.
  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Parking
  • Taxes were $4,765 in 2026
  • Possession: 30

Details

  • Concrete Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • Condo Corporation #277
  • Condo Registry Office: TSCC
  • MLS #C13698686
  • NU STREAM REALTY (TORONTO) INC.

Extras

Room Floor Dimensions Details
1 Kitchen Flat 11.58' x 16.99' Centre Island, Pot Lights, Built-in Appliances
Washroom2 4-Piece Bathrooms 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)