Condo for sale at 3706-488 University Avenue, Toronto, Ontario, L6H 3V8 - Kensington-Chinatown - MLS: C12762208

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3706-488 University Avenue

Toronto, Ontario, L6H 3V8 - Kensington-Chinatown

$749,900

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Neighbourhood

Kensington-Chinatown
Major Intersection

University Ave & Dundas St W

Listed Since: 2 day(s)
Last update: today

Virtual Tour

Overview

Property Type

Condo Apt, 1 Storey/Apt
Bedrooms

1 + 1
Bathrooms

1
Square Feet

600-699
Exposure

East
Total Parking

n/a
Maintenance

$602
Taxes

$3,921.26 (2025)
Balcony

Open

Property Description

Property description for 3706-488 University Avenue, Toronto

*View Video Tour* Experience elevated living in the sky at The Residences of 488 University Avenue, a multi-award-winning luxury condo located along one of Toronto's most prestigious streets. This exceptionally well maintained owner occupied, never rented suite shows to perfection. 'Princess Grace' floor plan, the largest 1 bdrm + den, 1 bath in the building at 674 sq ft + a private 66 sq ft balcony. You'll notice the elevated & high quality details in this upgraded suite the moment you step in. Preferred east-facing exposure that fills the suite w/natural light, framed by breathtaking city views from every room. Floor-to-ceiling windows, 9-foot smooth ceilings, pot-lights, wide plank engineered hardwood floors, custom millwork, and an interior space that is spacious & airy. Showstopper kitchen w/European-style two-toned white and zebra wood cabinetry - there's more storage in this kitchen then some homes. Premium marble countertops & backsplash, integrated/stainless steel AEG appliances, wine fridge, breakfast bar seating. A generously sized living & dining area comfortably accommodates full-size furniture. The den is a separate room with a sliding glass door, well suited as a home office. The incredible views continue in the primary bedroom which features a walk-in dressing-room closet w/built-ins that opens to a semi-ensuite bath. The calibre of the hotel-style bathroom is rarely found in other downtown condos. It is one of the few in the building finished entirely in floor-to-ceiling marble, paired w/Kohler fixtures, walk-in rain-head shower w/body jets, freestanding soaker tub, built in TV in mirror. Incredible building amenities include the 40,000 sq ft SkyClub - an amazing commercial fitness/wellness facility, 80ft indoor lap pool & whirlpool, outdoor wraparound terrace w/city views, valet parking, concierge, direct indoor access to St. Patrick subway. Prime location along Hospital Row & major corporate, legal, financial institutions, steps to U of T, OCAD.

Listed by Royal Lepage Real Estate Associates

Property details

MLS #

C12762208
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground
Parking Type

None
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Indoor Pool,Gym,Rooftop Deck/Garden,Concierge
Maintenance Fee Includes

Water
Property Management

Duka Property Management 416-596-1928
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12762208
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground
Parking Type

None
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Indoor Pool,Gym,Rooftop Deck/Garden,Concierge
Maintenance Fee Includes

Water
Property Management

Duka Property Management 416-596-1928
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

3.23 x 3.12 ft Flat level

hardwood floor, Open Concept, W/O To Balcony
Dining

3.56 x 4.72 ft Flat level

hardwood floor, Open Concept, Combined W/Kitchen
Kitchen

3.56 x 4.72 ft Flat level

Marble Counter, Stainless Steel Appl, Breakfast Bar
Br

3.35 x 3.12 ft Flat level

hardwood floor, Large Window, W/I Closet
Den

1.83 x 2.29 ft Flat level

hardwood floor, Separate Rm, Sliding Doors

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Condo Apt in Kensington-Chinatown

Active listings

Average Selling Price of a Condo Apt

January 2026

$653,625

Last 3 Months

$723,125

Last 12 Months

$714,837

January 2025

$701,633

Last 3 Months LY

$653,544

Last 12 Months LY

$746,107

Change

-7%

Change

11%

Change

-4%

Historical Average Selling Price of a Condo Apt in Kensington-Chinatown

Average Selling Price

3 years ago

$690,350

Average Selling Price

5 years ago

$760,154

Average Selling Price

10 years ago

$412,167

Change

-5%

Change

-14%

Change

59%

Number of Condo Apt Sold

January 2026

Last 3 Months

Last 12 Months

January 2025

Last 3 Months LY

Last 12 Months LY

Change

33%

Change

17%

Change

-22%

How many days Condo Apt takes to sell (DOM)

January 2026

Last 3 Months

Last 12 Months

January 2025

Last 3 Months LY

Last 12 Months LY

Change

185%

Change

58%

Change

21%

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.