21 days on Market

488 University Ave #2816, Toronto, Ontario M5G 0C1

In the same building:
-
Condo
3 + 1
2
~1000-1199 sqft
$1,329,900
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Condo
3 + 1
2
~1000-1199 sqft

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Highlights

Property Estimate

Days on market21 days

Estimated valueNot available

Price/Sqft$1,219/sqft

Monthly cost

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Description

Welcome to The Residences of 488 University Avenue - an iconic, award-winning luxury landmark by Amexon in the heart of downtown Toronto. This exceptionally upgraded executive suite offers a rare 3-Bedroom + Den layout, 2 full bathrooms, valet parking, and a generous northwest-facing balcony with stunning city views. Designed for the discerning homeowner, the suite features 9' floor-to-ceiling windows, wide-plank engineered wood flooring, premium finishes, and a thoughtfully designed open-concept floorplan ideal for both living and entertaining. Perfectly situated at University & Dundas, enjoy direct underground access to St. Patrick Subway Station, and walk to U of T, UHN hospitals, TMU, Financial District, Eaton Centre, Queen's Park, top-tier dining, shopping, and cultural destinations. Residents enjoy an unparalleled 5-star lifestyle with world-class amenities, concierge services, and premium wellness, fitness, and social facilities. Live at the intersection of prestige, convenience, and modern luxury - an exceptional opportunity for both end-users and investors.


Property Details

Style1 Storey/Apt
View-
Age of property6-10
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12527772
Community NameGrange Park
Data SourceTRREB
Listing byRE/MAX Escarpment Realty Inc., Brokerage

Features

Heating: Other
Cooling: Central Air
Fireplace

Flat Floor

Primary

3.35 x 3.0

hardwood floor / W/I Closet / 5 Pc Ensuite

2nd Br

2.95 x 2.74

hardwood floor / Large Closet / Large Window

3rd Br

2.6 x 3.35

hardwood floor / Large Closet / Side Door

Den

2.61 x 3.35

hardwood floor / Sliding Doors / Separate Rm


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


11Story
Amenities

Concierge, Exercise Room, Gym, Indoor Pool, Media Room, Party/Meeting Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by RE/MAX Escarpment Realty Inc., Brokerage, Brokerage
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Market Data - Grange Park

Geo Zone Map ThumbnailGrange Park

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

49 days

Compared to

2024

27 days

2023

26 days

2022

10 days

New Listings

Past 30 days

27 listings

Compared to

2024

22 listings

2023

19 listings

2022

18 listings

Units sold

Past 30 days

4 units

Compared to

2024

6 units

2023

4 units

2022

3 units

Median Sold Price

Past 30 days

$709,000

Compared to

2024

$555,500

2023

$744,944

2022

$1,100,000


Population and Demographics

Overview

Total population 11328
Average household income $127,317

Age (%)

0 to 19
9%
20 to 34
48%
35 to 49
18%
50 to 64
13%
65 and plus
12%

Household composition (%)

Single person
55%
Single family
31%
Multi person
14%
Multi family
0%

Mother tongue (%)

English
57%
Mandarin
14%
Yue (Cantonese)
10%
Spanish
3%
French
2%
Arabic
2%
Korean
2%
Tagalog (Pilipino, Filipino)
1%
Vietnamese
1%
Others
1%

House tenancy (%)

Renters
68%
Owners
32%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget