3201-488 University Avenue, Toronto, ON
University, Toronto · MLS® C13564492
About this home
Welcome To Award Winning Prestigious Building "The Residences Of 488 University Avenue", Located In The Heart Of Downtown Toronto. With 100% Transit Score. Featuring 2 Bedrooms And 2 Full Bathrooms. Luxurious Finishes, High-End Integrated Appliances. Modern Kitchen With Centre Island, Engineered Hardwood Floor Throughout. Functional Open Concept Layout. Smart Home Control, World Class 5 Star Sky Club Amenities. Direct Access To St. Patrick Subway, Steps To Financial And Entertainment. 24 Hours Concierge Pool, Sauna, Gym, Media Room, Roof Deck And Many More! Parking Available For Rent Through Amexon.
Key facts
- Property type
- Condo Apartment, Bachelor/Studio
- MLS®
- C13564492
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 600-699
- Cross streets
- University/Dundas
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Exposure
- North
- Days on market
- 9
- Listing brokerage
- RE/MAX PREMIER INC.
Rooms
sliding doors · 4 pc bath · hardwood floor
modern kitchen · centre island · hardwood floor
3 pc ensuite · walk-in closet(s) · hardwood floor
combined w/dining · w/o to balcony · hardwood floor
combined w/living · open concept · hardwood floor
Listed at $3,350/mo, and my independent estimate is about 10% above what comparable rentals suggest.
In University lately, landlords get about 99% of asking; homes lease in ~23 days.
Total price vs nearby homes. Fair value about $3,047/mo, median of 61 comparables.
How this estimate is builtthe short version
I take the 61 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 highlights3 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
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in University, so I widened the search to the surrounding area.
Based on 61 comparable rentals that recently leased nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesOn the market now.
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
University, Toronto, ON
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PREMIER INC.. MLS®/PropTx.