119 days on Market

488 University Ave #5202, Toronto, Ontario M5G 0C1

In the same building:
-
Condo
3
2
~1200-1399 sqft
$1,495,000
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Condo
3
2
~1200-1399 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,157/sqft

Est. Mortgage$6,420/mo

Maintenance fees$823/mo

Tax Amount (2024)$5,184/yr

Days On Market119 days


Description

*****Attention Investor watch here***** : Great collect rent $$$5350/ month Opportunity , owned this 3 beds +2 full baths+ huge balconies + 1 parking , high floor with fantastic views. Prime University/ Dundas! World-Class Award-Winning Landmark Building, Direct Access To Subway. Luxury $$$ Spent High End Upgrade. Executive Suite, 1042Sqft Interior And 180Sqft Balcony With A Total Of 1222Sqft Of Living Space. 3 Beds +2Baths +1 Valet Parking+ Balcony! Fantastic Views, 9' Floor To Ceiling Windows. Wood Floor Throughout. Steps To U of T. Uhn Hospitals, Ryerson U (Toronto Metropolitan U), Financial District, Eaton Center, Queens Park, College Park Shops. World Class 6 stars Building Amenities Include: Top Of The Line Valet Parking, 24hrs concierge, Fitness Centre With Spa, indoor pool, Party Room, Sky Bar & More! **EXTRAS** Purchase Price Included: 1 Valet Parking Right, all existing Appliances, Upgrade Mirror Tv In Master Bath, Freestand Bath Tub, All Elfs' and all customer made Blinds. ***** Great Peace of mind investment opportunity:collect rent since day 1 owns it,no miss any income $$$ of any single day ! *****


Property Details

StyleApartment
View-
Age of property0-5
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC11954339
Community NameGrange Park
Data SourceTRREB
Listing byRE/MAX WEST VICKY HSU GROUP REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Living

4.88 x 3.75

Open Concept / hardwood floor / Ne View

Dining

4.75 x 3.75

Combined W/Kitchen / hardwood floor / W/O To Balcony

Kitchen

4.75 x 3.75

Centre Island / B/I Appliances / Modern Kitchen

2nd Br

2.83 x 2.74

Window Flr to Ceil / Closet / hardwood floor


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


35Story
Amenities

Bike Storage, Concierge, Exercise Room, Indoor Pool, Media Room, Party/Meeting Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Feb 4, 2025
ListedActive
$1,495,000
119 days on market
history photo preview29
Listing by trreb®
Property listed by RE/MAX WEST VICKY HSU GROUP REALTY, 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

65 days

Compared to

2024

31 days

2023

16 days

2022

12 days

New Listings

Past 30 days

42 listings

Compared to

2024

35 listings

2023

26 listings

2022

34 listings

Units sold

Past 30 days

5 units

Compared to

2024

6 units

2023

17 units

2022

14 units

Median Sold Price

Past 30 days

$672,000

Compared to

2024

$850,500

2023

$802,000

2022

$786,944


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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget