$1,349,000Asking Price
488 University Ave #5408
Chinatown, Toronto
Welcome to The Lower Penthouse at Residences at 488 University, where luxury living meets unparalleled convenience. This stunning split-layout two-bedroom, two-bathroom suite boasts unobstructed views of Lake Ontario and direct subway access to St. Patrick's Station. With 9-ft ceilings, the bright and spacious interiors feature open-concept living and dining areas, complemented by a state-of-the-art kitchen equipped with integrated European appliances and a stylish breakfast bar. The primary bedroom is a private retreat with a five-piece ensuite, including a double vanity, soaker tub, frameless glass shower, and walk-in closet. Modern finishes throughout create an airy, light-filled ambiance. Ideally situated steps from hospitals, the University of Toronto, Queens Park, and the financial district, this location offers ultimate urban convenience. Residents enjoy access to 40,000 sq. ft. of premium amenities, including an indoor pool, sauna, hot tub, steam room, gym, spin and yoga studios, a party room, 24-hour concierge, and valet parking.
Welcome to The Lower Penthouse at Residences at 488 University, where luxury living meets unparalleled convenience. This stunning split-layout two-bedroom, two-bathroom suite boasts unobstructed views of Lake Ontario and direct subway access to St. Patrick's Station. With 9-ft ceilings, the bright and spacious interiors feature open-concept living and dining areas, complemented by a state-of-the-art kitchen equipped with integrated European appliances and a stylish breakfast bar. The primary bedroom is a private retreat with a five-piece ensuite, including a double vanity, soaker tub, frameless glass shower, and walk-in closet. Modern finishes throughout create an airy, light-filled ambiance. Ideally situated steps from hospitals, the University of Toronto, Queens Park, and the financial district, this location offers ultimate urban convenience. Residents enjoy access to 40,000 sq. ft. of premium amenities, including an indoor pool, sauna, hot tub, steam room, gym, spin and yoga studios, a party room, 24-hour concierge, and valet parking.
See MoreKey Info
- Apartment Condo
- 1 Parking
- 1-Car Garage
- University Ave. & Dundas St. W
- 900-999 Approximate Sq Feet
- Pet-friendly w/Restrictions
- West Exposure
- Open Balcony
- Ensuite Laundry
- No Locker
- Forced Air Gas Heating
- Central Air
Property
- $822 Monthly Condo Fees
- Includes: Heat, Common Elements, Building Insurance.
- Amenities: Concierge, Games Room, Gym, Party Room, Sauna
- Taxes were $5,307 in 2024
Details
- Concrete Exterior
- No Fireplace
- 1 Kitchen
- Condo Corporation #2770
- Condo Registry Office: TSCC
- MLS #C11426510
- LIVING REALTY INC.
Extras
- Integrated Liebherr Fridge, Stove, AEG Cooktop, AEG Range hood, AEG convection microwave, AEG W/D, wine fridge, all existing window coverings & lighting fixtures.Buyer To Assume Valet Parking Agreement W/ Monthly Service Fees@ $192/Month
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Living Room | Main | 21.78' x 16.80' | Hardwood Floor, Walkout To Balcony, West View |
| 2 | Dining Room | Main | 21.78' x 16.80' | Hardwood Floor, Combined W/Dining, Window Flr to Ceil |
| 3 | Kitchen | Main | 21.78' x 16.80' | Hardwood Floor, Stainless Steel Appliances, Breakfast Bar |
| 4 | Primary Bedroom | Main | 13.58' x 10.01' | Hardwood Floor, 5-PieceEnsuite, Walk-in Closet |
| 5 | 2nd Bedroom | Main | 10.70' x 8.99' | Hardwood Floor, Sliding Doors, Large Closet |
| 6 | Bathroom | Main | Double Sink, Soaker, Built-in Vanity | |
| 7 | Bathroom | Main | 4-PieceBath, Soaker, Built-in Vanity | |
 | 1 5-Piece Bathroom in Flat | |||
| 1 4-Piece Bathroom in Flat | |||
How Far is Too Far?
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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.
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.
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
13.2% from China
All-time
Birthplace - Recent
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.
Shelters
Shelters
2
Homeless shelters in
the neighbourhood.
