3811 - 488 UNIVERSITY AVENUE, Toronto (Kensington-Chinatown)
$3,150/mo
For rent: Apartment
- Property type
- Condo Apartment
- Bedrooms / bathrooms
- 2 bedrooms, 1 bathroom
- Living area
- 699 sqft
- MLS®
- MLS® C14031896
- Neighbourhood
- Kensington-Chinatown
Luxury living 38 floors above University Ave, this bright and beautiful 1 bed + den at The Residences of 488 University Avenue delivers breathtaking views across the west end of the city and the CN Tower, enjoyed from both the suite and the private balcony. A highly functional layout makes all 620sq ft interior count, with an open living and dining space, a sleek kitchen with premium integrated appliances, and a primary retreat with walk-in closet, custom built-ins, and spa-inspired ensuite. Large actual den, ideal as a dedicated home office. Luxury finishes throughout. Residents enjoy the two-storey Sky Club with indoor and outdoor saltwater pools, fitness centre, yoga and spin studios, squash court and lounges, plus concierge. Perfectly positioned for medical and office professionals: steps to Toronto General, Mount Sinai, SickKids and the University Avenue hospital row, with direct indoor access to St. Patrick TTC Subway Station for a quick ride to the Financial District. University of Toronto, Queen's Park, and Eaton Centre are nearby.
Sold data
Apartment homes in Toronto (Kensington-Chinatown) — recent sold market
Apartment homes in Toronto (Kensington-Chinatown) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 53, across 2,788 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 57 days.
The median sale price was $562,000.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
- Median days to sell
- 29
- Median sale price
- $562,000
- Sale-to-list ratio
- 96.6%
- Sold above asking
- 13%
Based on 2,788 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)
- 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 3811 - 488 UNIVERSITY AVENUE
$2,500/mo
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Apartment21700–799 sqft2308 - 210 SIMCOE STREET, Kensington-Chinatown, Toronto
$2,900/mo
Apartment21600–699 sqft2706 - 85 WOOD STREET, Church-Yonge Corridor, Toronto
$2,650/mo
Apartment2+11600–699 sqft1211 - 168 KING STREET E, Moss Park, Toronto