1 Bed • 1 Bath • 500 sqft
4509 - 488 UNIVERSITY AVENUE|Toronto (Kensington-Chinatown), Ontario M5G0C1, Toronto

The Residences of 488 University Avenue
488 University Ave has 4 Condos for Sale & 7 Condos for Rent. 488 University Ave is located in Grange Park, Toronto & has 447 Condos over 38 Storeys. View current & past Sales/Leases, Values & trends at 488 University Ave.
The 1‑bed condo spans roughly 500 sq ft plus a generous 108 sq ft balcony, perched on the 45th floor of a modern luxury high‑rise in the heart of Kensington‑Chinatown, Toronto. Sunlight floods the open‑concept layout from a bright south‑facing orientation, offering city views that frame the downtown skyline. The unit features 9‑ft ceilings, engineered laminated flooring throughout, and a large kitchen equipped with a quartz island, giving the space a chic, contemporary feel.
The living area enjoys a high ceiling and expansive windows that highlight the south‑facing orientation, creating a warm ambience. The kitchen, scored 78/100 in the image analysis, showcases quartz countertops and a functional island that supports both cooking and casual dining. The bedroom retains the engineered laminate flooring and benefits from the same natural light, while the bathroom maintains a clean, modern aesthetic.
Transit score 82/100 – the neighbourhood is well‑served by multiple TTC routes, including the nearby Dundas and University stations, making commutes across the city convenient. Walkability score 88/100 – a short stroll brings you to Queen’s Park, the Art Gallery of Ontario, and a vibrant mix of restaurants, shops, and cultural venues in Chinatown. Safety score 75/100 – the area is considered safe with a strong community presence and active local policing.
A price analysis for this listing is available in the Price Insight section.
How well this listing matches different lifestyles
Who lives in this area, based on Statistics Canada census data.
Commute mode
Foot
47.5% commute by foot
Education
Bachelor degree
39.3% have completed bachelor degree
Household composition
Single person
54.1% of households are single person
Housing tenancy
Renters
69.8% of homes are renters
How this compares to the 1-bed in Kensington-Chinatown average.
THIS LISTING
$2,250
NEIGHBOURHOOD AVG
$1,844
22.0% Above Average
Based on 274 comparable listings · Median $1,994

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