2605-488 University Avenue, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13531548

$3,500/mo
For Lease
Listed 16 days ago
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2Bedrooms
2Bathrooms
0Parking
800-899Sq Ft

About this home

Welcome to one of Toronto's most prestigious addresses. Stunning 2 Bed, 2 Bath Condo in the Heart of Downtown Toronto 488University Avenue. This exquisite 2-bedroom, 2-bathroom condo offers upscale living with breathtaking city views, luxurious finishes, and unbeatable convenience. Step inside to find a thoughtfully designed open-concept layout with floor-to-ceiling windows, engineered hardwood floors, and custom built-ins. The modern kitchen features quartz countertops, stainless steel appliances, and a sleek island perfect for entertaining or casual dining. The primary bedroom includes a spa-inspired ensuite with a glass-enclosed shower, double vanity, and ample closet space. The second bedroom is perfect as a guest room, office, or nursery, with easy access to the second full bathroom. Enjoy world-class amenities including a rooftop terrace, indoor pool, fitness centre, 24-hour concierge, and direct subway access right from the building. Steps from the Financial District, U of T, hospitals, dining, and entertainment, this residence is ideal for professionals, students, or anyone seeking refined urban living.Dont miss your opportunity to live at the crossroads of elegance and convenience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13531548
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Dundas / University
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Exposure
East
Days on market
16
Listing brokerage
TRUSTWELL REALTY INC.

Rooms

Dining RoomMain3.30 × 4.57 m

eat-in kitchen · b/i stove · granite counters

BedroomMain2.97 × 3.12 m

3 pc ensuite · his and hers closets

Living RoomMain3.30 × 4.57 m

combined w/kitchen · w/o to patio · open concept

BedroomSecond2.44 × 3.35 m
Our TakeTeam Asgarian · Broker
In line
$3,567/moest. value

Listed at $3,500/mo, and my independent estimate is right in line with comparable rentals.

In Kensington-Chinatown lately, landlords get about 99% of asking; homes lease in ~17 days.

List price
$3,456/moBelow market$3,952/moAbove market

Total price vs nearby homes. Fair value about $3,567/mo, median of 78 comparables.

How this estimate is builtthe short version

I take the 78 most comparable recent leases nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent lease prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Orde Street Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 78 comparable rentals that recently leased nearby.

Comparable listingsCurrently listed nearby in Kensington-Chinatown · asking prices
$3,250avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

412-50 Mccaul Street$3,5002603-488 University Avenue$3,500B410-121 St Patrick Street$3,100710-297 College Street$3,9502nd Fl Unit 2-436 Queen Street$2,200

The 5 closest of 8 active listings nearby.

See all comparable homes
3,500This home3,5003,5003,1003,9502,200This home vs active comparables
Live market pulseActive comparables in Kensington-Chinatown · median list $3K
54active listings nearby
16days on market
100leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Kensington-Chinatown, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C1
$3K
Bay Street Corridor
$3K
Church-Yonge Corridor
$2K
Moss Park
$2K
Annex
$3K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Orde Street Public School
76%
Orde Street Public SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 76% meet the provincial standard

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of TRUSTWELL REALTY INC.. MLS®/PropTx.

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