Sold
$1,200,000
3bed|2bath|1200-1399sqft
1 parking|0 locker
Unit 5302
488 University Avenue 5302, Toronto, ON M5G 0C1
Residential Condo & Other|$1029 fees|$8018 tax
MLS #C13064530
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Unit 3902 at Residences of 488 University
For Sale488 University Avenue 3902, Toronto, ON M5G 0C1
MLS #C13081344
$1,450,000
Listed Price
About This Property
Downtown Living At Its Finest! Incredible Opportunity To Call This Gem Home! Rare-Find Executive Condo In An Award Winning Landmark Building! Premium 3-Bed 2-Bath Corner Unit Surrounded By Floor To Ceiling Windows! Very Bright & Spacious (1042 Sqft Of Interior) Open Concept Layout Plus An Oversized 180 Sqft Balcony! Unobstructed Panoramic Views Of The City, Downtown & Lake Ontario! Modern Kitchen With Luxurious Finishes: Gloss Wood Cabinets, Granite Countertop, Custom Backsplash, And High-End Integrated European Appliances! Engineered Wood Floor Throughout, Smooth 9' Ceiling, Modern Fixtures & Remote Controlled Blinds! Good-Sized Bedrooms All With Closets! Primary Bedroom Features A 5Pc Spa-Like Ensuite With Stand Alone Tub, Glass Standing Shower, Digital Kohler Spray Shower, & W/I Closet With Organizers! Comes With One Exclusive Valet Parking! World-Class 5-Star Amenities Include: Top Of The Line Fitness Centre, Spa, Indoor Pool, Sauna, Jacuzzi, Party Room, Sky Bar. Truly Spectacular!
Investment Analysis
$4,928
Est. Monthly Rent
Based on $4/sqft
4.08%
Gross Yield
Before expenses
2.81%
Net Yield
After expenses
24.5
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1040/mo) and property tax ($5,867/yr). Does not include insurance, vacancy, or repairs.
Price Per Square Foot Comparison
This Unit
$1,318/sqftResidences of 488 University
$1,180/sqft+11.7%
Kensington-Chinatown
$1,091/sqft+20.8%
Toronto C01
$883/sqft
Building PSF Range
$1,031$1,298
Premium Pricing
This unit is priced 11.7% above the building average. This may reflect premium features, views, or floor level.
Analysis based on 11 sales and 233 leases in this building. Unit size estimated at 1100 sqft.
Property Details
Bedrooms
3
Bathrooms
2
Square Feet
1000-1199 sqft
Property Type
Residential Condo & Other
ParkingYes
Parking TypeUnderground
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2770
MLS Size1000-1199
Listed OnMay 3, 2026
Maintenance Fees$1,040/month
Property Tax$5,867/year
Rooms
| Name | Size (m) | Size (ft) | Features |
|---|---|---|---|
| Living Room(Ground) | 4.87 x 3.74 | 16.0 x 12.3 | - |
| Living Room(Ground) | 4.87 x 3.74 | 16.0 x 12.3 | - |
| Living Room(Ground) | 4.87 x 3.74 | 16.0 x 12.3 | - |
| Living Room(Ground) | 4.87 x 3.74 | 16.0 x 12.3 | - |
| Living Room(Ground) | 4.87 x 3.74 | 16.0 x 12.3 | - |
| Living Room(Ground) | 4.87 x 3.74 | 16.0 x 12.3 | - |
| Living Room(Ground) | 4.87 x 3.74 | 16.0 x 12.3 | - |
| Living Room(Ground) | 4.87 x 3.74 | 16.0 x 12.3 | - |
| Living Room(Ground) | 4.87 x 3.74 | 16.0 x 12.3 | - |
| Living Room(Ground) | 4.87 x 3.74 | 16.0 x 12.3 | - |
| Living Room(Ground) | 4.87 x 3.74 | 16.0 x 12.3 | - |
| Dining Room(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Dining Room(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Dining Room(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Dining Room(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Dining Room(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Dining Room(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Dining Room(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Dining Room(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Dining Room(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Dining Room(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Dining Room(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Kitchen(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Kitchen(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Kitchen(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Kitchen(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Kitchen(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Kitchen(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Kitchen(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Kitchen(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Kitchen(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Kitchen(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Kitchen(Ground) | 4.75 x 3.74 | 15.6 x 12.3 | - |
| Primary Bedroom(Ground) | 3.04 x 3.56 | 10.0 x 11.7 | - |
| Primary Bedroom(Ground) | 3.04 x 3.56 | 10.0 x 11.7 | - |
| Primary Bedroom(Ground) | 3.04 x 3.56 | 10.0 x 11.7 | - |
| Primary Bedroom(Ground) | 3.04 x 3.56 | 10.0 x 11.7 | - |
| Primary Bedroom(Ground) | 3.04 x 3.56 | 10.0 x 11.7 | - |
| Primary Bedroom(Ground) | 3.04 x 3.56 | 10.0 x 11.7 | - |
| Primary Bedroom(Ground) | 3.04 x 3.56 | 10.0 x 11.7 | - |
| Primary Bedroom(Ground) | 3.04 x 3.56 | 10.0 x 11.7 | - |
| Primary Bedroom(Ground) | 3.04 x 3.56 | 10.0 x 11.7 | - |
| Primary Bedroom(Ground) | 3.04 x 3.56 | 10.0 x 11.7 | - |
| Primary Bedroom(Ground) | 3.04 x 3.56 | 10.0 x 11.7 | - |
| Bedroom 2(Ground) | 2.83 x 2.74 | 9.3 x 9.0 | - |
| Bedroom 2(Ground) | 2.83 x 2.74 | 9.3 x 9.0 | - |
| Bedroom 2(Ground) | 2.83 x 2.74 | 9.3 x 9.0 | - |
| Bedroom 2(Ground) | 2.83 x 2.74 | 9.3 x 9.0 | - |
| Bedroom 2(Ground) | 2.83 x 2.74 | 9.3 x 9.0 | - |
| Bedroom 2(Ground) | 2.83 x 2.74 | 9.3 x 9.0 | - |
| Bedroom 2(Ground) | 2.83 x 2.74 | 9.3 x 9.0 | - |
| Bedroom 2(Ground) | 2.83 x 2.74 | 9.3 x 9.0 | - |
| Bedroom 2(Ground) | 2.83 x 2.74 | 9.3 x 9.0 | - |
| Bedroom 2(Ground) | 2.83 x 2.74 | 9.3 x 9.0 | - |
| Bedroom 2(Ground) | 2.83 x 2.74 | 9.3 x 9.0 | - |
| Bedroom 3(Ground) | 2.74 x 2.77 | 9.0 x 9.1 | - |
| Bedroom 3(Ground) | 2.74 x 2.77 | 9.0 x 9.1 | - |
| Bedroom 3(Ground) | 2.74 x 2.77 | 9.0 x 9.1 | - |
| Bedroom 3(Ground) | 2.74 x 2.77 | 9.0 x 9.1 | - |
| Bedroom 3(Ground) | 2.74 x 2.77 | 9.0 x 9.1 | - |
| Bedroom 3(Ground) | 2.74 x 2.77 | 9.0 x 9.1 | - |
| Bedroom 3(Ground) | 2.74 x 2.77 | 9.0 x 9.1 | - |
| Bedroom 3(Ground) | 2.74 x 2.77 | 9.0 x 9.1 | - |
| Bedroom 3(Ground) | 2.74 x 2.77 | 9.0 x 9.1 | - |
| Bedroom 3(Ground) | 2.74 x 2.77 | 9.0 x 9.1 | - |
| Bedroom 3(Ground) | 2.74 x 2.77 | 9.0 x 9.1 | - |
Unit 3902 History
Complete transaction history for this unit
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Unit 2011
488 University Avenue 2011, Toronto, ON M5G 0C1
Residential Condo & Other|$577 fees|$3627 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 / ...
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$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 TypeUnderground
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About Unit 3902 at Residences of 488 University
Unit 3902 is a residential condo & other with 3 bedrooms, 2 bathrooms spanning approximately 1000-1199 square feet located at Residences of 488 University, 488 University, Toronto C01. This unit is currently for sale at $1450K.
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.
Whether you're looking to buy, sell, or rent at Residences of 488 University, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.
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