For Lease
Just Listed
488 University Avenue 4005 #4005
Kensington-Chinatown, Toronto, ON
$3,350
2Bd
2Ba
750+sqft
0Parking
$4/sqft
CondoMLS# C13689912Listed 2026-08-190 DOM
Cooling
Central Air
Just listed! New listings in Toronto often receive offers within the first week.
About this home
Welcome To The Prestigious Residences Of 488 University Avenue! This Bright And Spacious 2-Bedroom, 2-Bathroom Suite Is Located On The 40th Floor And Features A Functional Layout, Contemporary Finishes, Floor-To-Ceiling Windows And Beautiful East-Facing City Views. Ideally Situated In The Heart Of Downtown Toronto With Direct Indoor Access To St. Patrick Subway Station. Steps To U Of T, OCAD, Major Hospitals, The Financial District, Eaton Centre, Restaurants And Shopping. Enjoy Exceptional Building Amenities Including 24-Hour Concierge, Indoor Pool, Fitness Centre, Sauna, Steam Room, Party Room And Rooftop Terrace. Perfect For Professionals, Students Or A Small Family Seeking Luxury, Convenience And Vibrant Downtown Living!
Pool
Rooms
Main Floor
| Primary Bedroom | 2.99 × 3.14 m | Window Floor to Ceiling Ensuite Bath Walk-In Closet(s) |
| Dining Room | 3.07 × 4.58 m | Combined w/Kitchen Breakfast Bar Laminate |
| Kitchen | 3.07 × 4.58 m | Combined w/Dining B/I Appliances Centre Island |
| Bedroom 2 | 2.44 × 3.42 m | Sliding Doors Separate Room Closet |
| Living Room | 3.27 × 3.35 m | East View Open Concept W/O To Balcony |
Features
- Built-In Oven
- None
- Central Air
- Apartment
Financials
Estimated Rental Income
Entire property$2,600 – $3,500/mo
Rental yield931.3% – 1253.7%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market0 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
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Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
84
/ 100
Walk Score
Very Walkable
84
/ 100
Transit Score
Excellent Transit
73
/ 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.