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4312 - 488 University Avenue
For RentThe Residences of 488 University AvenueEst Lease Timeframe 18 Days
$3,680/mth
1 Bed + 1
1 Bath
0 Parking
700 - 799 SQFT
26 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
South West
Locker:
None
Possession Date:
Immediately
Lease Term:
1 Year
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Air Conditioning
Building Maintenance
Building Insurance
Excluded
Hydro
Heat
Water
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- No
Room Dimensions
Living
Walkout To Balcony
10.01 x 10.99ft
Dining
Combined with Kitchen
17.19 x 10.99ft
Kitchen
Combined with Dining
17.19 x 10.99ft
About this Listing
Location, location , Stunning lake and city views! Walk in closet in the bedroom and beautiful soaker tub in the master bath. Upgraded kitchen with high end built in appliances and quartz countertops. world class building of unparalleled carefree lifestyle amenities: Fantastic outdoor lounge/terrace area; indoor saltwater pool; techno gym; fitness & spinning studios; yoga & weights rooms; private event & dining rooms; steam & sauna; a full-service spa; relaxation lounges & a library; a casual bar leading to the outdoor terrace and deck. This Beaty is connected directly to the underground TTC subway system, step to Eaton Centre, U of T, Ryerson University and much more....
ExtrasBuilt-in fridge, wine cooler, cook top, oven, dishwasher, washer & dryer
homelife/bayview realty inc.MLS® #C8203808
Amenities
Games Room
Rooftop Deck
Concierge
Indoor Pool
Squash Court
Bike Storage
Nearby Amenities
9/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
7/10
Bikeability
The bike lane starts to feel like a second home.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
9,011
Average Individual Income
$64,908
Average Household Size
3 persons
Average Age
41
Average Household Income
$107,712
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
44%
Detached
27%
Semi Detached
20%
Low Rise Apartment
4%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
Other
75%
Mandarin
12%
Cantonese
7%
Tagalog
2%
Telugu
1%
Spanish
1%
Hindi
1%
Urdu
1%
Education
University and Above
42%
High School
22%
College
15%
None
13%
Apprenticeship
2%
University Below Batchelor
2%
Major Field of Study
Business Management
28%
Architecture & Engineering
18%
Social Sciences
12%
Health & Related Fields
10%
Math & Computer Sciences
9%
Humanities
5%
Physical Sciences
4%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
2%
Price Trends
Building Trends At The Residences of 488 University Avenue
Days on Strata
Units at The Residences of 488 University Avenue spend an average of
27
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire list price
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
5.6
YEARS before being sold againProperty Value
-4%
Decrease in property value within the past twelve months
Price Ranking
2nd
Highest price per SQFT out of 13 condos in the Grange Park area
Sold Units
13
Units were Sold over the past twelve months
Rented Units
106
Units were Rented over the past twelve months
Best Value Rank
The Residences of 488 University Avenue offers the best value out of 13 condos in the Grange Park neighbourhood
?
Appreciation Rank
The Residences of 488 University Avenue has the highest ROI out of 13 condos in the Grange Park neighbourhood
?
Rental Yield
The Residences of 488 University Avenue yields the highest rent prices out of 13 condos in the Grange Park neighbourhood
?
High Demand
The Residences of 488 University Avenue is the most popular building out of 13 condos in the Grange Park neighbourhood
?
Transaction Insights at 488 University Avenue
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | $960,000 | $840,000 - $945,000 | $925,888 - $1,088,000 | $1,350,000 - $1,570,000 | $1,445,000 | $1,475,000 - $1,500,000 |
| Avg. Cost Per Sqft | $1,284 | $1,400 | $1,408 | $1,364 | $1,367 | $1,355 |
| Price Range | $2,600 - $2,900 | $2,950 - $3,860 | $3,400 - $5,500 | $4,500 - $6,200 | $5,000 - $7,750 | $5,400 - $6,200 |
| Avg. Wait for Unit Availability | 258 Days | 80 Days | 66 Days | 90 Days | 110 Days | 164 Days |
| Avg. Wait for Unit Availability | 34 Days | 10 Days | 10 Days | 19 Days | 53 Days | 46 Days |
| Ratio of Units in Building | 8% | 34% | 27% | 18% | 7% | 8% |
Maintenance Fees
The Residences of 488 University Avenue vs The Grange Park Area
