43.6551° N · 79.3890° W — Kensington-Chinatown, Toronto — MLS® #C14091514
4412-488 University Ave
$699,000
Kensington-Chinatown, Toronto, Ontario M5G 0C1
- 1+1
- BedroomsBeds
- 1
- BathroomsBaths
- 600-699 sqft600-699
- SizeSq ft
Inquire about this listing
In short · from the listing record
4412-488 University Ave is a 1+1-bedroom, 1-bathroom condo in Kensington-Chinatown, Toronto, listed for sale at an asking price of $699,000 (MLS® C14091514).
Welcome to the luxurious 488 University Ave! This spacious 1 Bedroom plus Den suite with unobstructed city and lake/CN tower views. Enjoy 9-ft ceilings, floor-to-ceiling windows, living room walk out to large balcony, upgraded all wide-plank laminate flooring throughout. Modern High End Cabinet W/ Integrated and Built-In Appliances, upgraded Built-In Wine Cellar. Marble Counter Top Illuminated By Hidden Under-Cabinet LED Light Strips, Pot Lights Over Kitchen. Designed Closet Organizer In Primary Bedroom's Walk-In Closet, and a spa-inspired bathroom with high end finishes, Selected Freestanding Tub & Frameless Glass Door Shower In 4 Pcs Ensuite Bath. Good Sized Den W/ Frosted Glass Sliding Door. This separate den is ideal as a home office or second bedroom. Residents enjoy premium amenities including a sky lobby, indoor pool, hot tub, fitness centre, terrace, and 24-hour concierge. Direct access to TTC/Subway and steps to hospitals, U of T, OCAD, AGO, Eaton Centre, the Financial District, Entertainment District, Chinatown, and more.
Listing readings
How it measures up
Scores from the listing record and the market around it.
71Good
Condition score
1 documented update signal
Listing age, structured features and disclosed update language; not an inspection.
31Shortfall
Cash flow quality
−$1,171/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 44 condos with 2 bedrooms for lease in Kensington-Chinatown right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $3,691 / 2026
- MLS® number
- C14091514
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Time on market
- Size
- 600-699 sqft
- Listed on
- Parking
- Underground, 0 Parking
Listing history
Listing activity for 4412-488 University Ave, Toronto, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $699,000 | N/A | For Sale | C14091514 |
Inside
Room by room
From the listing.
- Living3.273 × 5.649 mCombined W/Dining, W/O To Balcony, West View
- Dining3.27 × 5.649 mCombined W/Living, Open Concept, West View
- Kitchen2.35 × 2.88 mB/I Appliances, Marble Counter, Pot Lights
- Primary2.74 × 2.92 mEnsuite Bath, W/I Closet, Large Window
- Den1.64 × 2.2 mSeparate Rm, Sliding Doors
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Kensington-Chinatown
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| St Patrick Station | TTC subway: Line 1 Yonge-University | 100 m |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 450 m |
| Queen's Park Station | TTC subway: Line 1 Yonge-University | 550 m |
| TMU Station | TTC subway: Line 1 Yonge-University | 650 m |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1.3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Around it
Condo Apt in Kensington-Chinatown
Active listings only, today.
Condos for sale in Kensington-Chinatown right now
- For sale now
- 83
- Median asking price
- $650K
- New in 7 days
- 9
- Price cuts
- 24%
Middle half: $519K to $862K
32 in 28 days
20 listings
This home is asking 8% above the median.
See all homes in Kensington-ChinatownAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- Heritage and ravineNone foundNot found on the Heritage Register
- Heritage and ravineNone foundNot in a mapped Heritage Conservation District
- Heritage and ravineNone foundNot in the mapped ravine protection area
- ZoningSee Former City of Toronto By-Law No. 438-86Outside By-law 569-2013: the former municipality’s by-law still sets what may be built. Confirm the rules with the City.
- PermitsNone on fileNo building permits on file at this address.
- Signals nearby6 to note250 DUNDAS ST W, Site plan, 70 m away · 250 DUNDAS ST W, Plan of subdivision, 70 m away · 522 UNIVERSITY AVE, Site plan, 100 m away · 505 UNIVERSITY AVE, Site plan, 120 m away · 195 DUNDAS ST W, Site plan, 160 m away · 191 DUNDAS ST W, Site plan, 180 m away
- ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- trailOn recordA trail on the Ontario trail network within 1 km
- permitsOn record157 building permits issued within 250 m in the last 2 years
- devappsOn record14 open development applications within 250 m An application is a proposal: it may change, be refused or never be built.
- airportOn recordNearest airport: 2.3 km
- parcelOn recordMapped parcel: about 21,730 sq ft Measured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
- water wellsNone in rangeNo water-supply well recorded within 250 m 56 test or monitoring holes also recorded.
- groundwaterOn recordGroundwater recorded about 10.8 m below ground nearby The middle water level in the well records within 500 m (204 records). It changes with the season and from spot to spot.
- npriOn record3 facilities within 1 km report pollutant releases to Environment Canada The nearest is Enwave Energy Corporation — Walton Street Steam Plant, 410 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
- electricityOn recordElectricity is distributed here by Toronto Hydro-Electric System Limited
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at this location Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or the record’s publisher.
City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Land transfer tax on this home
- Ontario land transfer tax
- $10,455
- Toronto municipal land transfer tax
- $10,455
- Total land transfer tax
- $20,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $12,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $699,000
- $5,980
- Ontario total
- $10,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $10,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- Orde Street Public SchoolToronto DSBPublic · grades JK–882%Grade 6 average500 m
- Beverley SchoolToronto DSBPublic · grades JK–8—550 m
- St Michael's Choir (Jr) SchoolToronto CDSBCatholic · grades 1–8 · French Immersion99%Grade 6 average900 m
- École élémentaire Gabrielle-RoyConseil scolaire ViamondeFrench-language public · grades JK–696%Grade 6 average1.4 km
SecondaryGrade 9 math 2024–25
- Heydon Park Secondary SchoolToronto DSBPublic · grades 9–128%Grade 9 math450 m
- Subway Academy IIToronto DSBPublic · grades 9–12—550 m
- St Michael's Choir (Sr) SchoolToronto CDSBCatholic · grades 9–1296%Grade 9 math900 m
- Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–1286%Grade 9 math1.3 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$4,071
- Mortgage$3,189
- Property tax$308
- Condo or maintenance fee$574
A planning figure, not a quote.
Land transfer tax
$20,910
$12,435 for first-time buyers; Toronto adds its own tax.
Rent, similar homes
$2,900
a month, median asking rent of 44 similar homes in Kensington-Chinatown.
Community
Who lives around it
Similar homes
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Shemeer AhmadVALERY REAL ESTATE INC.
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