For Sale
488 University Avenue 4802 #4802
Bay Street Corridor, Toronto, ON
$1,518,000
3Bd
2Ba
1,100+sqft
1Parking
$1380/sqft
CondoMLS# C13238218Listed 2026-06-0440 DOM
Cooling
Central Air
On the market for 40 days — longer than average. The seller may be open to negotiation.
About this home
Stunning Corner Suite With Unobstructed City Views Offering 1,042 Sq.Ft. Of Interior Living Space Plus A 180 Sq.Ft. Private Balcony. Floor-To-Ceiling Windows Fill The Home With Natural Light, Complemented By Wide-Plank Hardwood Floors, Smooth 10-Ft Ceilings And Modern Finishes Throughout. The Open-Concept Kitchen Features European-Style Cabinetry, Quartz Countertops, Designer Backsplash, Premium Appliances And A Spacious Centre Island. The Primary Bedroom Boasts A Spa-Inspired Ensuite With Freestanding Tub And Glass Shower. Located In The Heart Of Downtown Toronto, Steps To U Of T, Queen's Park, Financial District, Eaton Centre, Transit, Restaurants And Entertainment. Enjoy Exceptional Building Amenities Including Valet Parking, Fitness Centre, Spa, Party Lounge, Sky Bar And More.
Hardwood
Rooms
Main Floor
| Living Room | 4.88 × 3.75 m | Open Concept Window Floor to Ceiling Hardwood Floor |
| Kitchen | 4.72 × 3.73 m | Combined w/Dining Open Concept Stainless Steel Appl |
| Dining Room | 4.72 × 3.73 m | Combined w/Kitchen Hardwood Floor W/O To Balcony |
| Primary Bedroom | 3.05 × 3.55 m | Double Closet 4 Pc Ensuite East View |
| Bedroom 2 | 2.80 × 2.74 m | Double Closet Hardwood Floor North View |
| Bedroom 3 | 2.77 × 2.74 m | Double Closet Hardwood Floor Sliding Doors |
Features
- Other
- None
- Central Air
- Apartment
Financials
Annual Taxes
$6,628.82
Estimated Rental Income
Entire property$3,200 – $4,200/mo
Rental yield2.5% – 3.3%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market40 days
Buyer's MarketSeller's Market
Based on active listings in Toronto. Data updates daily.
Demographics — Toronto
Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
Our estimate for this home
Estimated range
$989K – $1.15M
Mid-point $1.07M · ~$972/sqft
How this listing compares
$989KList · $1.52M$1.15M
High confidence·Based on 185 bay street corridor comparables
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
83
/ 100
Walk Score
Very Walkable
83
/ 100
Transit Score
Excellent Transit
72
/ 100
Bike Score
Very Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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