488 University Ave #3706, Toronto, Ontario L6H 3V8

In the same building:
-
Condo
1 + 1
1
~600-699 sqft
$749,900
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Condo
1 + 1
1
~600-699 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$1,161/sqft

Monthly cost

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Description

*View Video Tour* Experience elevated living in the sky at The Residences of 488 University Avenue, a multi-award-winning luxury condo located along one of Toronto's most prestigious streets. This exceptionally well maintained owner occupied, never rented suite shows to perfection. 'Princess Grace' floor plan, the largest 1 bdrm + den, 1 bath in the building at 674 sq ft + a private 66 sq ft balcony. You'll notice the elevated & high quality details in this upgraded suite the moment you step in. Preferred east-facing exposure that fills the suite w/natural light, framed by breathtaking city views from every room. Floor-to-ceiling windows, 9-foot smooth ceilings, pot-lights, wide plank engineered hardwood floors, custom millwork, and an interior space that is spacious & airy. Showstopper kitchen w/European-style two-toned white and zebra wood cabinetry - there's more storage in this kitchen then some homes. Premium marble countertops & backsplash, integrated/stainless steel AEG appliances, wine fridge, breakfast bar seating. A generously sized living & dining area comfortably accommodates full-size furniture. The den is a separate room with a sliding glass door, well suited as a home office. The incredible views continue in the primary bedroom which features a walk-in dressing-room closet w/built-ins that opens to a semi-ensuite bath. The calibre of the hotel-style bathroom is rarely found in other downtown condos. It is one of the few in the building finished entirely in floor-to-ceiling marble, paired w/Kohler fixtures, walk-in rain-head shower w/body jets, freestanding soaker tub, built in TV in mirror. Incredible building amenities include the 40,000 sq ft SkyClub - an amazing commercial fitness/wellness facility, 80ft indoor lap pool & whirlpool, outdoor wraparound terrace w/city views, valet parking, concierge, direct indoor access to St. Patrick subway. Prime location along Hospital Row & major corporate, legal, financial institutions, steps to U of T, OCAD.


Property Details

Style1 Storey/Apt
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC12762208
Community NameGrange Park
Data SourceTRREB
Listing byRoyal Lepage Real Estate Associates

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Dining

3.56 x 4.72

hardwood floor / Open Concept / Combined W/Kitchen

Kitchen

3.56 x 4.72

Marble Counter / Stainless Steel Appl / Breakfast Bar

Br

3.35 x 3.12

hardwood floor / Large Window / W/I Closet

Den

1.83 x 2.29

hardwood floor / Separate Rm / Sliding Doors


Features

Patio: Open
Balcony: Open

20Story
Amenities

Indoor Pool, Gym, Rooftop Deck/Garden, Concierge

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Date unavailable
ListedActive
$749,900
< 1h on market
history photo preview49
Listing by trreb®
Property listed by Royal Lepage Real Estate Associates, 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

62 days

Compared to

2025

27 days

2024

33 days

2023

37 days

New Listings

Past 30 days

31 listings

Compared to

2025

37 listings

2024

18 listings

2023

13 listings

Units sold

Past 30 days

5 units

Compared to

2025

6 units

2024

5 units

2023

10 units

Median Sold Price

Past 30 days

$670,000

Compared to

2025

$647,344

2024

$620,000

2023

$675,000


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