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    488 University Avenue

    LeasedThe Residences of 488 University Avenue
    $X,XXX/mth
    -
    -
    -
    -
    Sold in 39 Days on Strata

    Listing History

    Unit Highlights

    Off Market Listing
    Free account required. or to see all the details.
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Air Conditioning
    Water

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Amenities

    Lap Pool
    Gym Room
    Rooftop Deck
    Games Room
    Bike Storage
    Concierge

    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
    $63,374
    Average Household Size
    0 persons
    Average Age
    7
    Average Household Income
    $105,166
    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
    Telugu
    1%
    Tagalog
    1%
    Mandarin
    8%
    Cantonese
    5%
    Tamil
    2%
    English
    40%
    Indigenous Language
    31%
    Other
    12%
    Education
    High School
    22%
    Apprenticeship
    2%
    University and Above
    42%
    College
    15%
    University Below Batchelor
    2%
    None
    13%
    Major Field of Study
    Personal, Protective & Transportation Services
    3%
    Humanities
    5%
    Health & Related Fields
    10%
    Architecture & Engineering
    18%
    Physical Sciences
    4%
    Math & Computer Sciences
    9%
    Social Sciences
    12%
    Education
    4%
    Visual & Performing Arts
    2%
    Business Management
    28%

    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
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.6
    YEARS before being sold again

    Property Value

    -5%
    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

    104
    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 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$960,000$840,000 - $945,000$925,888 - $1,088,000$1,350,000 - $1,570,000No Data$1,475,000 - $1,500,000
    Avg. Cost Per Sqft$1,284$1,400$1,408$1,365No Data$1,355
    Avg. Wait for Unit Availability258 Days80 Days66 Days83 Days115 Days164 Days
    Ratio of Units in Building8%34%27%18%8%8%

    Maintenance Fees

    The Residences of 488 University Avenue vs The Grange Park Area

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