3111-488 University Avenue, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13588394

$3,250/mo
For Lease
Listed 3 days ago
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2Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Fully furnished 1+Den suite in one of downtown Toronto's most sought-after locations. Enjoy breathtaking unobstructed views of the lake, city skyline, and CN Tower through expansive 9-foot floor-to-ceiling windows. This bright and spacious residence features hardwood flooring throughout, a walk-in closet, and a spa-inspired bathroom. Connected directly to St. Patrick subway station and just minutes from the University of Toronto, Financial District, Eaton Centre, major hospitals, acclaimed dining, and entertainment. Exceptional amenities include access to the spectacular 40,000 sq. ft. SkyClub (featuring state-of-the-art fitness facilities, multipurpose studios, steam rooms, saunas, an 80-ft indoor lap pool, and a jacuzzi), party room, and 24-hour concierge service. Move-in ready and the perfect opportunity to experience luxury downtown living.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13588394
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
University & Dundas
Parking
0 parking
Basement
None
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
West
Days on market
3
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

KitchenMain3.20 × 3.15 m

quartz counter · hardwood floor · stainless steel appl

DenMain3.05 × 1.58 m

sliding doors · hardwood floor

Primary BedroomMain3.05 × 3.05 m

walk-in closet(s) · hardwood floor · window floor to ceiling

Dining RoomMain5.08 × 3.15 m

combined w/living · hardwood floor · open concept

Living RoomMain5.08 × 3.15 m

combined w/dining · hardwood floor · w/o to balcony

Our TakeTeam Asgarian · Broker
Above comparables
$2,872/moest. value

Listed at $3,250/mo, and my independent estimate is about 13% above what comparable rentals suggest.

In Kensington-Chinatown lately, landlords get about 99% of asking; homes lease in ~16 days.

List price
$2,737/moBelow market$3,250/moAbove market

Total price vs nearby homes. Fair value about $2,872/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 highlights2 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
  • 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 61 comparable rentals that recently leased nearby.

Comparable listingsCurrently listed nearby in Kensington-Chinatown · asking prices
$2,890avg asking

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

3910-426 University Avenue$2,9502507-210 Simcoe Street$2,8002101-426 University Avenue$2,8002009-210 Simcoe Street$2,7002101-488 University Avenue$3,200

The 5 closest of 8 active listings nearby.

See all comparable homes
3,250This home2,9502,8002,8002,7003,200This home vs active comparables
Live market pulseActive comparables in Kensington-Chinatown · median list $3K
52active listings nearby
3days 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.

Bay Street Corridor
$3K
Church-Yonge Corridor
$2K
Waterfront Communities C1
$3K
Moss Park
$2K
Waterfront Communities C8
$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 HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.

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