For Rent

488 University Avenue Unit# 5408, Toronto C01, Ontario M5G 0C1

$4,500

488 University Avenue Unit# 5408, Toronto C01, Ontario M5G 0C1 is For Rent and has a listing price of 4,500. The property is located in the Toronto C01 . It's been on the website for 1 Day.

  • 2
    Bedrooms
  • 2
    Bathrooms
  • Underground
    Parking
  • MLS ID: C12853188
  • Office Name RE/MAX ULTIMATE REALTY INC.
Property Description

Welcome to The Lower Penthouse at Residences at 488 University, where luxury living meets unparalleled convenience. This stunning split-layout two-bedroom, two-bathroom suite boasts unobstructed views of Lake Ontario and direct subway access to St. Patrick’s Station. With 9-ft ceilings, the bright and spacious interiors feature open-concept living and dining areas, complemented by a state-of-the-art kitchen equipped with integrated European appliances and a stylish breakfast bar. The primary bedroom is a private retreat with a five-piece ensuite, including a double vanity, soaker tub, frameless glass shower, and walk-in closet. Modern finishes throughout create an airy, light-filled ambiance. Ideally situated steps from hospitals, the University of Toronto, Queens Park ,and the financial district, this location offers ultimate urban convenience. Residents enjoy access to 40,000 sq. ft. of premium amenities, including an indoor pool, sauna, hot tub, steam room, gym, spin and yoga studio

Property Details
  • Bedrooms: 2
  • MLS ID: C12853188
  • Bathrooms: 2
  • Price: $4,500
  • Transaction Types: For Rent
  • Ref ID: C12853188
  • Year Built: N/A
  • Approx Sqft: 900-999
  • Dir / Cross St: University Ave. & Dundas St. W
  • Status: Active
  • Property Type: Condo
  • Property Sub Category: Condo
Price History
List Date MLS ID List Price Status End Date Closed Price
03/06/2026 C12853188 $4,500 For Rent - -
03/05/2025 C12001986 $4,200 Rented 04/08/2025 $4,000
01/31/2025 C11949554 $1,349,000 Cancelled 04/08/2025 -
11/28/2024 C11426510 $1,349,000 Cancelled 01/30/2025 -
10/31/2024 Array $1,368,000 -
10/31/2024 C9770416 $1,368,000 Cancelled 11/28/2024 -
08/28/2024 C9272022 $4,880 Cancelled 10/31/2024 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto C01
  • $2,974 Average List Price
    based on 1 year
  • 651 New Listings
    based on 30 days
  • 35 Median Days on Market
    based on 1 year
  • List vs. Selling Price 270 % Up
  • Sold (12mo) 744
  • Rented (12mo) 1,622

  • 1 Month Change -7.7%
  • 3 Month Change +0.6%
  • 6 Month Change -15.4%
Walkscore
Property Type Distribution
  • All Houses
    4.32%
  • Commercial
    4.12%
  • Condo
    91.56%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Apartment
  • Washroom Type1: 1
  • BuildingAmenities Concierge, Sauna, Bike storage
  • Garage Type Underground
  • Parking Spaces: N/A
  • Exterior Concrete
  • Kitchen Y
  • Parking Underground
  • Washrooms Type 1 # Pcs: 5
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 1
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 30 days
  • Listing Entry Date: 06/03/2026 14:05:12
  • Laundry Access: Ensuite
  • Condo Registry Office: TSCC
  • Locker: None
  • Property Mgmt Co: Duka Property Management - 416-596-1928
  • Condo Corp#: 2770
Want to see this property?