For Lease
Just Listed
488 University Avenue 5101 #5101
Kensington-Chinatown, Toronto, ON
$3,500
2Bd
2Ba
650+sqft
0Parking
$5/sqft
CondoMLS# C13744980Listed 2026-09-040 DOM
Cooling
Central Air
Just listed! New listings in Toronto often receive offers within the first week.
About this home
True Definition Of Luxury Condo Living! "The Residences Of 488 University" Spectacular 2 Bedroom Split Layout Stunner Offering Nearly 700Sqft + Full Length Balcony Boasting Private Unobstructed North Views Of Queens Park & Beyond With No Other Balconies In Sight! Super Functional Floor Plan With No Wasted Space Filled With Natural Light, High End Finishes, Floor To Ceiling Windows, Hardwood Floors & 9Ft Ceiling Through Out. Combined Living & Dining. Primary Bedroom With 3Pc Smart En-Suite Bath & W/I Closet. ALL Appliances, Pot Lights, Centre Island With Under Mount Sink & Granite Counters With Custom Backsplash ! 99 Walk-Score With All The Perks Of Downtown Core Living Featuring Direct Access To St. Patrick Station, Walking Distance To A+ Hospitals & Research Centres, U Of T, Eaton Centre & So Much More. Incredible Amenities.
Hardwood
Rooms
Other
| Bedroom | 0.00 × 0.00 m | 3 Pc Ensuite Walk-In Closet(s) Large Window |
| Bedroom 2 | 0.00 × 0.00 m | Hardwood Floor Sliding Doors |
| Kitchen | 0.00 × 0.00 m | Open Concept B/I Appliances Modern Kitchen |
| Living Room | 0.00 × 0.00 m | Hardwood Floor W/O To Balcony Combined w/Dining |
| Dining Room | 0.00 × 0.00 m | Hardwood Floor Open Concept Combined w/Living |
| Bathroom | 0.00 × 0.00 m | 3 Pc Ensuite |
| Bathroom | 0.00 × 0.00 m | 3 Pc Bath |
Features
- None
- Central Air
- Apartment
Financials
Estimated Rental Income
Entire property$2,600 – $3,500/mo
Rental yield891.4% – 1200.0%
*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.
85
/ 100
Walk Score
Very Walkable
85
/ 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.