Blurry image for 488 University Ave #4206, Toronto Ontario M5G 0C1
1 day on Market

488 University Ave #4206, Toronto, Ontario M5G 0C1

In the same building:
-
Condo
1 + 1
1
~700-799 sqft
$838,000
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Condo
1 + 1
1
~700-799 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,123/sqft

Est. Mortgage$3,599/mo

Maintenance fees$548/mo

Tax Amount (2024)$3,720/yr

Days On Market1 day


Description

Luxury Condo At University Ave! Direct Access To Subway At Ground Level! 100% Walking Score. Unobstructed Bright & Beautiful East View Of Downtown & Lakeshore. Open Concept Layout W/ 9 Ft. Smooth Ceiling, 1 Bedroom Den. Total 740 Sq ft Including Balcony . Den Can Be A Room W/ Door, Laminate Flooring Throughout, Modern High End Kitchen W/ Built-In S/S Appliances & Backsplash. Custom Closet, Upgraded Bath W/ Bathtub & Separate Shower Room. Steps To Financial District, OCAD, U Of T, China Town, & Eaton Center. 5 Mins Walk To Hospitals (PM, TG, MS, & Sick Kids).


Property Details

StyleApartment
ViewCity, Downtown, Lake
Age of property6-10
SqFt~700-799 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC12056213
Community NameGrange Park
Data SourceTRREB
Listing byLANDPOWER REAL ESTATE LTD.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Den

2.32 x 1.83

Laminate / Separate Rm

Living

3.26 x 3.14

Open Concept / Laminate / W/O To Balcony

Dining

3.6 x 4.75

Combined W/Kitchen / Laminate / Large Window

Kitchen

3.6 x 4.75

Open Concept / Backsplash / Stainless Steel Appl


Features

Patio: Open
Balcony: Open

25Story
Amenities

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

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Apr 2, 2025
ListedActive
$838,000
1 day on market
history photo preview48
Listing by trreb®
Property listed by LANDPOWER REAL ESTATE 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

35 days

Compared to

2024

38 days

2023

13 days

2022

8 days

New Listings

Past 30 days

42 listings

Compared to

2024

24 listings

2023

14 listings

2022

23 listings

Units sold

Past 30 days

4 units

Compared to

2024

7 units

2023

10 units

2022

9 units

Median Sold Price

Past 30 days

$642,850

Compared to

2024

$840,000

2023

$645,000

2022

$675,000


Population and Demographics

Overview

Total population 11328
Average household income $127,317

Age (%)

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

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%

Schools and amenities

Estimated Budget