488 University Avenue, Unit 3002
488 University Avenue, Unit 3002
$1,250,000
$1,136/sq ft· Bldg avg $1,229/sq ft · 3 days on market
Floor Plan
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About This Listing
This is the home you have been dreaming of. This extraordinary corner suite offers breathtaking, unobstructed views of the Toronto skyline, with 1042 sqft of interior living space plus a 180 sqft private balcony. Floor to ceiling windows flood the interior with natural light, complemented by wide plank hardwood floors, smooth 10 ft ceilings and modern finishes throughout. Freshly painted and truly turnkey, this suite comes fully furnished with brand new furniture throughout, simply move in your clothes and start living. The listing price is all inclusive, covering the furniture package right down to the plates in the kitchen, making this one of the easiest move in experiences in the city. The smart, functional layout leaves no wasted space. The well sized bedrooms offer generous storage, and the large private balcony gives you the perfect spot to relax or entertain outdoors. The primary suite features a spa inspired ensuite with freestanding tub and glass shower for a true retreat at the end of the day. A standout feature of this building is valet parking, a rare offering not found anywhere else in the immediate vicinity. Parking and valet service comes included with the unit, with the parking maintenance fee covering the spot itself. No other building nearby can match this level of convenience. Located in the heart of downtown Toronto, steps to major hospitals, St. Patrick Station, U ofT, TMU, Queen's Park, the Eaton Centre, and the Financial District, with direct subway access for seamless connectivity across the city. Building amenities include a fitness centre, spa, party lounge and sky bar. Whether you are a professional, academic, or simply someone who values the best of city living, this unit has it all.
Amenities
| Monthly Mortgage (P&I) | $5,446 |
| Property Tax (MLS) | $497 |
| Maintenance Fees | $970 |
| Total Monthly Cost | $6,913 |
Down payment: $250,000 (20.0%) · Mortgage: $1,000,000
Property tax uses MLS annual tax of $5,970/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details

The Residences of 488 University Avenue Condos
Red Bricks Databy Amexon Development · 488 University Avenue
Maint. Fees
0.54
Parking
$62,000
Occupancy
2019
Listing provided by PROPERTY.CA INC.
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Data last updated: August 23, 2026 at 04:25 a.m.