43.6551° N · 79.3890° W — Kensington-Chinatown, Toronto — MLS® #C13864532
3002-488 University Ave
$1,150,000
Kensington-Chinatown, Toronto, Ontario M5G 0C1
- 3
- BedroomsBeds
- 2
- BathroomsBaths
- 1000-1199 sqft1000-1199
- SizeSq ft
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In short · from the listing record
3002-488 University Ave is a 3-bedroom, 2-bathroom condo in Kensington-Chinatown, Toronto, listed for sale at an asking price of $1,150,000 (MLS® C13864532).
This is the home you have been dreaming of. This extraordinary 3 bedroom corner suite offers breathtaking, unobstructed views of the Toronto skyline, with 1042 sqft of interior living space plus a 180 sqft private balcony. Floor to ceiling windows flood the interior with natural light, complemented by wide plank hardwood floors, smooth 10 ft ceilings and modern finishes throughout. Freshly painted. The smart, functional layout leaves no wasted space. The well sized bedrooms offer generous storage, and the large private balcony gives you the perfect spot to relax or entertain outdoors. The primary suite features a spa inspired ensuite with freestanding tub and glass shower for a true retreat at the end of the day. A standout feature of this building is valet parking, a rare offering not found anywhere else in the immediate vicinity. Parking and valet service comes included with the unit, with the parking maintenance fee covering the spot itself. No other building nearby can match this level of convenience. Located in the heart of downtown Toronto, steps to major hospitals, St. Patrick Station, U ofT, TMU, Queen's Park, the Eaton Centre, and the Financial District, with direct subway access for seamless connectivity across the city. Building amenities include a fitness centre, spa, party lounge and sky bar. Whether you are a professional, academic, or simply someone who values the best of city living, this unit has it all.
Listing readings
How it measures up
Scores from the listing record and the market around it.
66Fair
Condition score
4 condition-related facts documented
Listing age, structured features and disclosed update language; not an inspection.
18Shortfall
Cash flow quality
−$2,814/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 8 condos with 3 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
- $5,970 / 2026
- MLS® number
- C13864532
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Time on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Listing history
Listing activity for 3002-488 University Ave, Toronto, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,150,000 | N/A | For Sale | C13864532 |
Inside
Room by room
From the listing.
- Foyer1.64 × 2.81 mB/I Shelves, hardwood floor
- Kitchen3.75 × 4.0 mOpen Concept, Centre Island, Marble Counter
- Living3.78 × 4.4 mW/O To Balcony, Window Flr to Ceil, hardwood floor
- Primary3.1 × 3.45 mEast View, Window Flr to Ceil, B/I Closet
- Bathroom2.6 × 2.9 mSoaker, 4 Pc Ensuite, Marble Floor
- 2nd Br2.72 × 2.86 mWindow Flr to Ceil, Closet, hardwood floor
- 3rd Br2.44 × 2.7 mCloset, hardwood floor
- Other2.42 × 7.58 mNe View, Balcony, Nw View
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Kensington-Chinatown
- Municipality
- Toronto
Building
- Size
- 1000-1199 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
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 77% above the median, higher than three quarters of them.
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.
- PermitsLoadingReading the City’s records…
- 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
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.
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.
Land transfer tax on this home
- Ontario land transfer tax
- $19,475
- Toronto municipal land transfer tax
- $19,475
- Total land transfer tax
- $38,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $30,475
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 $1,150,000
- $15,000
- Ontario total
- $19,475
Toronto’s municipal tax uses the same brackets at this price, so it adds another $19,475.
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
$6,714
- Mortgage$5,247
- Property tax$497
- Condo or maintenance fee$970
A planning figure, not a quote.
Land transfer tax
$38,950
$30,475 for first-time buyers; Toronto adds its own tax.
Rent, similar homes
$3,900
a month, median asking rent of 8 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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