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$780K · 2 bed Condo Apartment · Unit 4608, 488 University Avenue, Toronto, Ontario M5G 0C1 | HomeSearchCanada

$780,000

Unit 4608

5 DOM

225d

Map

DOM 5

$780,000

DOM5days

Unit 4608

488 University Avenue · Toronto · Ontario M5G 0C1

MLS® C13726308 · Kensington-Chinatown · M5G 0C1

22Vacant800-899 ft²Condo ApartmentNoneNo basement5d$918/ft²$4,765 tax/yrNo basement

5 days on market

About this home

Welcome to elevated downtown living at **The Residences of 488 University Avenue**. Perched high on the **46th floor**, this beautifully refreshed **2-bedroom, 2-bathroom residence offers approximately 820 sq. ft. of interior space plus an impressive 160 sq. ft. private balcony**.The highly functional split-bedroom layout provides excellent privacy and efficient use of space. Floor-to-ceiling windows and desirable **south-east exposure** bring in abundant natural light and showcase spectacular c…

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Property details

MLS#: C13726308
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 5
Kitchens: 1
Size: 800-899Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Vacant
Washrooms: 4 pc · Flat
Family room: No
Central vacuum: No
Ensuite laundry: No

Condo corp #: 277
Balcony: Open
Locker: None
Fees include: Building Insurance Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 0 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Dundas & University
Stories: 27
Utilities: —
Laundry: Ensuite
Laundry level: Main Level
Interior: Carpet Free
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: NU STREAM REALTY (TORONTO) INC.

Source: TRREB/PROPTX · MLS® C13726308

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$780K

Unit 4608 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $780,000✓ $4,765 tax✓ Gas✓ 800-899 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,663/mo

incl. closing costs (yr 1)

Annual total

$79,960

year 1

Mortgage only

$2,959/mo

principal + interest

Beyond mortgage

$2,240/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$156,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$397/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~850 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$7,800/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$64/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$12,075

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)44% $35,509/yr

Property taxes21% $16,840/yr

Utilities5% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $7,800/yr

Condo fees11% $9,151/yr

Closing costs6% $5,100/yr

Mortgage is 44% of your true cost of ownership. The other 56% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$35,509	$2,959/mo
Government & taxes
Property tax	$4,765	$397/mo
Land transfer tax(closing)	$12,075	$1,006/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$7,800	$650/mo
Condo fees
Condo / HOA fees	$9,151	$763/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$79,960	$6,663/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 4608

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs