3002 - 488 UNIVERSITY AVENUE, Toronto (Kensington-Chinatown)

$1,150,000

For sale: Apartment

Apartment at 3002 - 488 UNIVERSITY AVENUE, Toronto (Kensington-Chinatown)
Property type
Condo Apartment
Bedrooms / bathrooms
3 bedrooms, 2 bathrooms
Living area
1,199 sqft
MLS®
MLS® C13546234
Neighbourhood
Kensington-Chinatown

This is the home you have been dreaming of. This extraordinary corner suite offers breathtaking, unobstructed views of the Toronto skyline, with 1042 sqft of interior living space plus a 180 sqft private balcony. Floor to ceiling windows flood the interior with natural light, complemented by wide plank hardwood floors, smooth 10 ft ceilings and modern finishes throughout. Freshly painted and truly turnkey, this suite comes fully furnished with brand new furniture throughout, simply move in your clothes and start living. The listing price is all inclusive, covering the furniture package right down to the plates in the kitchen, making this one of the easiest move in experiences in the city. The smart, functional layout leaves no wasted space. The well sized bedrooms offer generous storage, and the large private balcony gives you the perfect spot to relax or entertain outdoors. The primary suite features a spa inspired ensuite with freestanding tub and glass shower for a true retreat at the end of the day. A standout feature of this building is valet parking, a rare offering not found anywhere else in the immediate vicinity. Parking and valet service comes included with the unit, with the parking maintenance fee covering the spot itself. No other building nearby can match this level of convenience. Located in the heart of downtown Toronto, steps to major hospitals, St. Patrick Station, U ofT, TMU, Queen's Park, the Eaton Centre, and the Financial District, with direct subway access for seamless connectivity across the city. Building amenities include a fitness centre, spa, party lounge and sky bar. Whether you are a professional, academic, or simply someone who values the best of city living, this unit has it all.

Sold data

Apartment homes in Toronto (Kensington-Chinatown) — recent sold market

Apartment homes in Toronto (Kensington-Chinatown) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 53, across 2,905 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 55 days.

The median sale price was $569,999.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$569,999
Sale-to-list ratio
96.8%
Sold above asking
13%

Based on 2,905 recorded sales in the last 90 days. 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)

  • Cottinghamelementary, TorontoFraser rating 10.0/10
  • High Park Alternativeelementary, TorontoFraser rating 10.0/10
  • Northmountelementary, TorontoFraser rating 10.0/10
  • Sathya Saielementary, TorontoFraser rating 10.0/10
  • St Michael's Choirsecondary, TorontoFraser rating 10.0/10
  • St Sebastianelementary, TorontoFraser rating 10.0/10

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

Currently for sale

Homes for sale near 3002 - 488 UNIVERSITY AVENUE