$ 724,000

3901 - 488 University Avenue, Toronto

Experience elevated downtown living at 488 University Avenue. This exceptional 2-bedroom, 2-bathroom residence offers soaring 10-foot ceilings, floor-to-ceiling windows and breathtaking, unobstructed south-facing skyline views. Step onto the private 115 sq. ft. balcony-an ideal setting for morning coffee or relaxing at the end of the day.The sleek, modern kitchen features quartz countertops, European-style built-in appliances and upgraded cabinetry that provides valuable additional storage. The original built-in microwave space has been thoughtfully replaced with three extra drawers. The bright, open-concept living and dining area is filled with natural light, while dimmable lighting in the kitchen and hallway creates the perfect ambience.Both bedrooms are generously sized and enhanced with custom-built closets. The second bedroom features a frosted sliding door that provides privacy while allowing natural light to flow through. The primary suite is a serene retreat with motorized blackout blinds and a spa-inspired ensuite bathroom. Additional upgrades include a custom hallway closet, an LED mirror in the guest bathroom, a smart Ecobee thermostat and a brand-new all-in-one washer and dryer installed in 2025.Residents enjoy five-star amenities, including a fitness centre, indoor pool and rooftop terrace. Ideally located steps from St. Patrick Subway Station, Hospital Row, the University of Toronto, Toronto Metropolitan University, Queen's Park and the Financial District, with outstanding dining, shopping, culture and entertainment at your doorstep.Downtown Toronto living at its absolute finest. (id:1945)
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Property details for 3901 - 488 University Avenue, Toronto

Type
Apartment
Bedrooms
2
Bathrooms
2
Basement
None
Parking
Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Steel, Concrete
Ownership
Condo/Strata
Annual Taxes
$4,074
Condo Fee
$641 / Monthly

Nearby Listings Stat

Estimated price and comparable properties near 3901 - 488 University Avenue

Active Listings
341
Min Price
$480,900
Max Price
$3,550,000
Avg Price
$841,975
Days on Market
62
days
Sold Listings
144
Min Sold Price
$1
Max Sold Price
$3,188,000
Avg Sold Price
$841,603
Days until Sold
51
days

Neighbourhood Census Data

Toronto, Ontario

Population
403
Median Age
49.1
Median Income
$43,904
Dwelling Value
$647,469

Housing Tenure

Owners 46%
Renters 56%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.8
Pop. Density: 8,629.6/km²
Avg Shelter Cost: $1,746/mo
Owners with Mortgage: 27.8%
Owners Spending 30%+: 27.8%
Tenants Spending 30%+: 43.5%
English only: 82.9%
English and French: 10.5%
Neither: 3.9%
Median Household Income: $67,328
Median Employment Income: $50,304

Price History

Listed
August 30, 2026
by FIRST CLASS REALTY INC.
Current Price
$724,000
-6.9% from last change
Type
Apartment
For Sale
Price Changes
2
Date Price Change
Current $724,000 $54,000 (-6.9%)
Oct 9, 2026 $778,000 $11,900 (-1.5%)
Sep 5, 2026 $789,900 Listed

Contact Agent Get in touch about 3901 - 488 University Avenue, Toronto

RONALD HUANG
RONALD HUANG
FIRST CLASS REALTY INC.