Welcome to elevated downtown living at **The Residences of 488 University Avenue**. Perched high on the **46th floor**, this beautifully refreshed **2-bedroom, 2-bathroom residence offers approximately 820 sq. ft. of interior space plus an impressive 160 sq. ft. private balcony**.The highly functional split-bedroom layout provides excellent privacy and efficient use of space. Floor-to-ceiling windows and desirable **south-east exposure** bring in abundant natural light and showcase spectacular city views. The open-concept living, dining and kitchen area is ideal for both everyday living and entertaining. The spacious primary bedroom features a walk-in closet and private ensuite, while the second bedroom is well separated for family, guests or a home office.**Freshly painted, professionally cleaned and carefully prepared for sale**, this vacant suite is move-in ready and shows beautifully.Enjoy luxury building amenities, 24-hour concierge and **direct access to St. Patrick Subway Station**, all from an exceptional downtown location steps to U of T, Queen's Park, major Toronto hospitals, OCAD, TMU, Eaton Centre, the Financial District, restaurants, shopping and entertainment.A rare opportunity to own a **true 820 sq. ft. two-bedroom residence with a 160 sq. ft. balcony on the 46th floor** at one of University Avenue's landmark addresses.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
800-899
Exposure:
South
Bedrooms:
2
Bathrooms:
2.0
Kitchens:
1
Bedrooms Above Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
5
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
27
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
None
Family Room:
No
Possession Details:
30
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$762.6
Maintenance fees include:
Building Insurance Included, Common Elements Included
Taxes:
$4,765 /
2026
Assessment:
$- /
-
Toronto
Toronto C01
Kensington-Chinatown
Carpet Free
Yes-with Restrictions
Existing built-in refrigerator, cooktop, oven, dishwasher, range hood, washer and dryer, all existing electrical light fixtures, and all existing window coverings, if any.
None, unless otherwise specified by the Seller prior to offer acceptance.
Concrete
Floor
Type
Size
Other
Flat
Dining Room
17'5.18 m × 11'7"3.53 m
Breakfast Bar, Open Concept
Flat
Kitchen
17'5.18 m × 11'7"3.53 m
Centre Island, Pot Lights, B/I Appliances
Flat
Living Room
11'2"3.40 m × 9'8"2.95 m
W/O To Balcony, South View, Window Floor to Ceiling
Flat
Primary Bedroom
10'6"3.20 m × 8'8"2.64 m
4 Pc Ensuite, Walk-In Closet(s), Window Floor to Ceiling
Data was last updated August 21, 2026 at 04:15 PM (UTC)
Area Statistics
Listings on market:
81
Avg list price:
$699,000
Min list price:
$299,000
Max list price:
$1,798,000
Avg days on market:
31
Min days on market:
0
Max days on market:
219
These statistics are generated based on the current listing's property type
and located in
Kensington-Chinatown. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.