Sold
$730,000
2bed|1bath|674sqft
0 parking|0 locker
Unit 3706
488 University Avenue 3706, Toronto C01, ON M5G 0C1
Residential Condo & Other|$602 fees|$3921 tax
MLS #C12762208
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Unit 2011 at Residences of 488 University
Sold488 University Avenue 2011, Toronto, ON M5G 0C1
MLS #C13027216
$657,000
Sold on August 10, 2026
August 10, 2026
Originally listed at $699,000 56 days on market
About This Property
"The Residences of 488 University Avenue" By Amexon Puts You @ The Center Of All That Toronto Boasts & Close To Everywhere You Want To Be & Everything You Want To Do. World-Class Address. Direct Access To St. Patrick Subway. 5 Star Lifestyle Amenities at the prestigious Sky Club. Fully Upgraded 1Bd+Den. Built-in Wine Fridge, Warming Drawer & TV in mirror. Luxurious finishes. WIC with closet organizer in primary bedroom, Spectacular West View. High End European Built-In Appliances, Freestanding Tub W/ Separate Shower, Kohler Spray Shower W/ Digital Interface. Integrated Fridge & D/W. Wink System. Pot Lights In Kitchen. Spa Like Bathroom. A must see!
Investment Analysis
$2,912
Est. Monthly Rent
Based on $4/sqft
5%
Gross Yield
Before expenses
3.49%
Net Yield
After expenses
20
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($577/mo) and property tax ($3,627/yr). Does not include insurance, vacancy, or repairs.
Price Per Square Foot Comparison
This Unit
$1,075/sqftResidences of 488 University
$1,180/sqft-8.9%
Kensington-Chinatown
$945/sqft+13.8%
Toronto C01
$979/sqft
Building PSF Range
$1,031$1,298
Below Market Value
This unit is priced 8.9% below the building average of $1,180/sqft. With a 3.49% net yield after expenses, this could be a strong investment opportunity.
Analysis based on 11 sales and 233 leases in this building. Unit size estimated at 650 sqft.
Property Details
Bedrooms
2
Bathrooms
1
Square Feet
600-699 sqft
Property Type
Residential Condo & Other
ParkingNo
Parking TypeNone
LockerNo
Heating TypeFan Coil
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2770
MLS Size600-699
Listed OnApr 19, 2026
Maintenance Fees$577/month
Property Tax$3,627/year
Property Details Available
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Rooms
| Name | Size (m) | Size (ft) | Features |
|---|---|---|---|
| Primary Bedroom(Main) | 3.04 x 3.04 | 10.0 x 10.0 | - |
| Primary Bedroom(Main) | 3.04 x 3.04 | 10.0 x 10.0 | - |
| Primary Bedroom(Main) | 3.04 x 3.04 | 10.0 x 10.0 | - |
| Primary Bedroom(Main) | 3.04 x 3.04 | 10.0 x 10.0 | - |
| Primary Bedroom(Main) | 3.04 x 3.04 | 10.0 x 10.0 | - |
| Primary Bedroom(Main) | 3.04 x 3.04 | 10.0 x 10.0 | - |
| Primary Bedroom(Main) | 3.04 x 3.04 | 10.0 x 10.0 | - |
| Primary Bedroom(Main) | 3.04 x 3.04 | 10.0 x 10.0 | - |
| Primary Bedroom(Main) | 3.04 x 3.04 | 10.0 x 10.0 | - |
| Primary Bedroom(Main) | 3.04 x 3.04 | 10.0 x 10.0 | - |
| Primary Bedroom(Main) | 3.04 x 3.04 | 10.0 x 10.0 | - |
| Primary Bedroom(Main) | 3.04 x 3.04 | 10.0 x 10.0 | - |
| Primary Bedroom(Main) | 3.04 x 3.04 | 10.0 x 10.0 | - |
| Primary Bedroom(Main) | 3.04 x 3.04 | 10.0 x 10.0 | - |
| Den(Main) | 3.04 x 1.57 | 10.0 x 5.2 | - |
| Den(Main) | 3.04 x 1.57 | 10.0 x 5.2 | - |
| Den(Main) | 3.04 x 1.57 | 10.0 x 5.2 | - |
| Den(Main) | 3.04 x 1.57 | 10.0 x 5.2 | - |
| Den(Main) | 3.04 x 1.57 | 10.0 x 5.2 | - |
| Den(Main) | 3.04 x 1.57 | 10.0 x 5.2 | - |
| Den(Main) | 3.04 x 1.57 | 10.0 x 5.2 | - |
| Den(Main) | 3.04 x 1.57 | 10.0 x 5.2 | - |
| Den(Main) | 3.04 x 1.57 | 10.0 x 5.2 | - |
| Den(Main) | 3.04 x 1.57 | 10.0 x 5.2 | - |
| Den(Main) | 3.04 x 1.57 | 10.0 x 5.2 | - |
| Den(Main) | 3.04 x 1.57 | 10.0 x 5.2 | - |
| Den(Main) | 3.04 x 1.57 | 10.0 x 5.2 | - |
| Den(Main) | 3.04 x 1.57 | 10.0 x 5.2 | - |
| Living Room(Main) | 5.07 x 3.14 | 16.6 x 10.3 | - |
| Living Room(Main) | 5.07 x 3.14 | 16.6 x 10.3 | - |
| Living Room(Main) | 5.07 x 3.14 | 16.6 x 10.3 | - |
| Living Room(Main) | 5.07 x 3.14 | 16.6 x 10.3 | - |
| Living Room(Main) | 5.07 x 3.14 | 16.6 x 10.3 | - |
| Living Room(Main) | 5.07 x 3.14 | 16.6 x 10.3 | - |
| Living Room(Main) | 5.07 x 3.14 | 16.6 x 10.3 | - |
| Living Room(Main) | 5.07 x 3.14 | 16.6 x 10.3 | - |
| Living Room(Main) | 5.07 x 3.14 | 16.6 x 10.3 | - |
| Living Room(Main) | 5.07 x 3.14 | 16.6 x 10.3 | - |
| Living Room(Main) | 5.07 x 3.14 | 16.6 x 10.3 | - |
| Living Room(Main) | 5.07 x 3.14 | 16.6 x 10.3 | - |
| Living Room(Main) | 5.07 x 3.14 | 16.6 x 10.3 | - |
| Living Room(Main) | 5.07 x 3.14 | 16.6 x 10.3 | - |
| Dining Room(Main) | - | - | - |
| Dining Room(Main) | - | - | - |
| Dining Room(Main) | - | - | - |
| Dining Room(Main) | - | - | - |
| Dining Room(Main) | - | - | - |
| Dining Room(Main) | - | - | - |
| Dining Room(Main) | - | - | - |
| Dining Room(Main) | - | - | - |
| Dining Room(Main) | - | - | - |
| Dining Room(Main) | - | - | - |
| Dining Room(Main) | - | - | - |
| Dining Room(Main) | - | - | - |
| Dining Room(Main) | - | - | - |
| Dining Room(Main) | - | - | - |
| Kitchen(Main) | 3.06 x 3.14 | 10.0 x 10.3 | - |
| Kitchen(Main) | 3.06 x 3.14 | 10.0 x 10.3 | - |
| Kitchen(Main) | 3.06 x 3.14 | 10.0 x 10.3 | - |
| Kitchen(Main) | 3.06 x 3.14 | 10.0 x 10.3 | - |
| Kitchen(Main) | 3.06 x 3.14 | 10.0 x 10.3 | - |
| Kitchen(Main) | 3.06 x 3.14 | 10.0 x 10.3 | - |
| Kitchen(Main) | 3.06 x 3.14 | 10.0 x 10.3 | - |
| Kitchen(Main) | 3.06 x 3.14 | 10.0 x 10.3 | - |
| Kitchen(Main) | 3.06 x 3.14 | 10.0 x 10.3 | - |
| Kitchen(Main) | 3.06 x 3.14 | 10.0 x 10.3 | - |
| Kitchen(Main) | 3.06 x 3.14 | 10.0 x 10.3 | - |
| Kitchen(Main) | 3.06 x 3.14 | 10.0 x 10.3 | - |
| Kitchen(Main) | 3.06 x 3.14 | 10.0 x 10.3 | - |
| Kitchen(Main) | 3.06 x 3.14 | 10.0 x 10.3 | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Bathroom(Main) | - | - | - |
| Other(Main) | 3.35 x 1.82 | - | - |
| Other(Main) | 3.35 x 1.82 | - | - |
| Other(Main) | 3.35 x 1.82 | - | - |
| Other(Main) | 3.35 x 1.82 | - | - |
| Other(Main) | 3.35 x 1.82 | - | - |
| Other(Main) | 3.35 x 1.82 | - | - |
| Other(Main) | 3.35 x 1.82 | - | - |
| Other(Main) | 3.35 x 1.82 | - | - |
| Other(Main) | 3.35 x 1.82 | - | - |
| Other(Main) | 3.35 x 1.82 | - | - |
| Other(Main) | 3.35 x 1.82 | - | - |
| Other(Main) | 3.35 x 1.82 | - | - |
| Other(Main) | 3.35 x 1.82 | - | - |
| Other(Main) | 3.35 x 1.82 | - | - |
Room Dimensions Available
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Price History
Original List Price
$699,000
Listed on Apr 19, 2026
Sold Price
$657,000
Sold on Aug 10, 2026
-$42,000
-6.0%
56 days on market
Price History Available
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0 parking|0 locker
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Residential Condo & Other|$533 fees|$3455 tax
MLS #C12595086
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Unit 4511
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$677,500
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0 parking|0 locker
Unit 2311
488 University Avenue 2311, Toronto C01, ON M5G 0C1
Residential Condo & Other|$554 fees|$3642 tax
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Available For Sale in This Building
Available For Sale in This Building
1 / ...
For Sale
$1,250,000
Unit 3002
MLS# C13546234488 University Avenue 3002, Toronto, ON M5G 0C1
3bed|2bath|1000-1199sqft
1parking|0locker
Residential Condo & Other|$970 fees|$5970 tax
49 days on market
1 / ...
For Sale
$1,450,000
Unit 3902
MLS# C13081344488 University Avenue 3902, Toronto, ON M5G 0C1
3bed|2bath|1000-1199sqft
1parking|0locker
Residential Condo & Other|$1040 fees|$5867 tax
115 days on market
1 / ...
For Sale
$1,518,000
Unit 4802
MLS# C13238218488 University Avenue 4802, Toronto, ON M5G 0C1
3bed|2bath|1000-1199sqft
1parking|1locker
Residential Condo & Other|$970 fees|$6629 tax
84 days on market
OQ
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Building Information
Building NameResidences of 488 University
Address488 University, Toronto C01
Parking TypeNone
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About Unit 2011 at Residences of 488 University
Unit 2011 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 600-699 square feet located at Residences of 488 University, 488 University, Toronto C01. This unit is currently sold (sold for $657K).
About Residences of 488 University
Residences of 488 University is located at 488 University, Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.
University Neighbourhood
This unit is located in University, part of Toronto C01 in the Toronto area. Explore more condos for sale and rent in this community.
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