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 aluminum siding and concrete construction, this residence presents an exceptional opportunity offered at $3,150 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 2 Bathrooms
- Generous living space spanning 700-799 sqft
- 0.0 total parking spaces available
- Notable attributes: Bar Fridge
- equipped with central air central cooling and highly efficient fan coil heating via gas
Description
2 Bdrm/2 Baths. Approximately 700 Sf W/North Panoramic View. World Class Building Of Unparalleled Carefree Lifestyle With 5 Star Amenities:The Club - Two Full Levels Of Light Filled Space Opening Onto An Outdoor Lounge/Terrace Area;Indoor Salt Water Pool;Techno Gym;Fitness & Spinning Studios;Yoga & Weights Rooms;Private Event & Dining Rooms;Steam & Sauna;A Full Service Spa;Relaxation Lounges & A Library;A Casual Bar Leading To The Outdoor Terrace And Deck
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Clear View, Hospital, Park, Public Transit, School
Interior Features
Bar Fridge
Security Features
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 5201, Toronto C01, ON M5G 0C1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
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About Purchasing a Home in Toronto, ON
For a property listed at $3,150 in Toronto, the legal minimum down payment is $158 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 $16 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16 also applies, bringing the total estimated land transfer taxes to $32.
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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.
