3 days on Market

488 University Ave #3912, Toronto, Ontario M5G 0C1

In the same building:
-
Condo
1 + 1
1
~600-699 sqft
$709,900
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Condo
1 + 1
1
~600-699 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$1,099/sqft

Monthly cost

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Description

Experience elevated downtown living at The Residences of 488 University Avenue. Situated on the 39th floor, this west-facing 1 bedroom + den suite offers 617 sq ft of thoughtfully designed living space plus an oversized 132 sq ft balcony with sweeping panoramic city views including the CN Tower. The modern kitchen features sleek cabinetry, integrated European appliances and under-cabinet lighting. Floor-to-ceiling windows bring in natural light throughout, while custom blinds add comfort and privacy. The separate den with sliding glass doors is ideal for a home office or study space. The primary bedroom connects to the spa-inspired bathroom with freestanding soaker tub, separate glass shower, ensuite laundry, and walk-through closet with built-in closet organizers. Direct access to St. Patrick subway station and steps to UHN hospitals, Sick Kids, U of T, OCAD, Queen's Park, the Financial District, shopping, dining, and entertainment. Residents enjoy access to the 40,000 sq ft SkyClub fitness and wellness facility with an 80 ft lap pool, fitness centre, steam rooms, saunas, concierge, and more.


Property Details

StyleApartment
ViewDowntown, Panoramic, Skyline, Lake
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC13212550
Community NameGrange Park
Data SourceTRREB
Listing byREAL BROKER ONTARIO LTD.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Kitchen

5.23 x 3.35

Marble Counter / Pot Lights / Breakfast Bar

Dining

5.23 x 3.35

hardwood floor / Open Concept / Combined W/Kitchen

Living

3.05 x 3.35

hardwood floor / W/O To Balcony

Br

2.95 x 2.74

hardwood floor / Closet Organizers / Semi Ensuite


Features

Patio: Open
Balcony: Open

22Story
Amenities

Concierge, Gym, Lap Pool, Rooftop Deck/Garden, Party/Meeting Room, Elevator

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

May 29, 2026
Listed for
$709,900
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Listed
$•••,•••
3 days on market
history photo preview39
Listing by trreb®
Property listed by REAL BROKER ONTARIO LTD., 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

33 days

Compared to

2025

58 days

2024

31 days

2023

16 days

New Listings

Past 30 days

40 listings

Compared to

2025

43 listings

2024

35 listings

2023

26 listings

Units sold

Past 30 days

7 units

Compared to

2025

7 units

2024

6 units

2023

17 units

Median Sold Price

Past 30 days

$490,000

Compared to

2025

$567,000

2024

$850,500

2023

$802,000


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