2703 - 488 UNIVERSITY AVENUE, Toronto (Kensington-Chinatown)

$3,750/mo

For rent: Apartment

Apartment at 2703 - 488 UNIVERSITY AVENUE, Toronto (Kensington-Chinatown)
Property type
Condo Apartment
Bedrooms / bathrooms
2 bedrooms, 2 bathrooms
Living area
799 sqft
MLS®
MLS® C13525726
Neighbourhood
Kensington-Chinatown

Introducing a pinnacle of urban luxury living at 488 University Ave. This impeccably designed 2-bedroom,2-bathroom with Valet Parking, experiences world-class design and amenities, including direct access to St. Patrick Subway, offering unparalleled convenience. Indulge in a vibrant culinary scene, surrounded by top-tier restaurants,the iconic Eaton Center, theaters, and a thriving arts and culture scene. Perfect for healthcare professionals, with major hospitals just a 5-minute drive away. Step onto your balcony to enjoy unobstructed panoramic views of the city skyline and Lake Ontario to the east. Inside, discover a high-end kitchen with integrated appliances and walk-in closet organizers for added convenience. The Club offers two full floors of light-filled space, opening onto an outdoor lounge and terrace area, ideal for relaxation and entertaining. Plus, enjoy access to an indoor saltwater poolfor ultimate relaxation.

Sold data

Homes in Kensington Chinatown — recent sold market

Homes in Kensington Chinatown took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 64, across 46 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.

The median sale price was $614,400.

Homes sold for about 4.6% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
31
Median sale price
$614,400
Sale-to-list ratio
95.4%
Sold above asking
7%

Based on 46 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Kensington-Chinatown)

Toronto (Kensington-Chinatown) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Kensington-Chinatown)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 2703 - 488 UNIVERSITY AVENUE