488 University Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of University. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $785,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Built-In Oven, Carpet Free, Countertop Range
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome To The Luxurious 488 University! This Spacious 1-Bedroom + Den Unit Features One Of The Largest1+Den Floor Plans In The Building And Offers Breathtaking Unobstructed West Views Overlooking Toronto. ThisUnit Has Tons Of Natural Light And Features 9-Ft Smooth Ceilings, Floor-To-Ceiling Windows, And A DesignerKitchen With Integrated European Appliances And Contemporary Finishes. The Spa-Like Bathroom IncludesMarble Finishes, A Body Spray Standing Shower, And A Full-Size Soaker Tub. The Primary Bedroom Is Sun-FilledAnd Offers A Walk-Through Closet, And The Separate Den Is Perfect For An Office Or Small Bedroom. EnjoyYour Morning Coffee Or Evening Drink On The Large Balcony With Stunning Sunset Views. The BuildingFeatures A Gorgeous Sky Lobby And Impressive 5-Star Amenities Located On The 18th And 19th Floors, IncludingA Terrace, Junior Olympic Pool, Hot Tub, Expansive Fitness Center, 24-Hour Concierge, And More. Parking IsAlso Available Directly From The Building. With Direct Access To The TTC/Subway, This Prime Location Is StepsAway From Hospitals, U Of T, Eaton Centre, U of T Dental School, AGO, OCAD, City Hall, The Financial AndEntertainment Districts, Chinatown, Baldwin Village, And More.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Public Transit, School
Interior Features
Built-In Oven, Carpet Free, Countertop Range, Separate Heating Controls, Separate Hydro Meter
Security Features
Concierge/Security
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 488 University Avenue 3415, Toronto C01, ON M5G 0C1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $785,000 in Toronto, the legal minimum down payment is $53,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,175 also applies, bringing the total estimated land transfer taxes to $24,350.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
