488 University AveUnit 2909
1Bed
1Bath
600 - 699SQFT
$2,250/mth
600 - 699SQFT
488 University AveUnit 2909
ACTIVE
$2,250/mth
1Bed
1Bath
600 - 699SQFT
Walk Score
99
Transit Score
100
Bike Score
74
© MapTiler © OpenStreetMap
0
CONDO Demand
AVERAGE
Unit Availability
ABOVE AVERAGE
Property Type
Condo
Developer
Amexon Development Corporation
Condo Completion
2017
Property Management
Duka Property Management Inc.
Unit Size Range
544 - 1620 SQFT
Number of Units
453
Number of Storeys
55
Parking
No
Locker
No
Days on Market
4
All Utilities Included?
No
Possession Date
July 1, 2021
Furnished
No
Outdoor Space
Open
Exposure
East
Cost per SQFT
$3.47
CONDO Demand
AVERAGE
Unit Availability
ABOVE AVERAGE
Property Type
Condo

About the Property

The Exclusive Residences Of 488 University Avenue, Brand New Unit With Contemporary Finishes, High Floor With Panoramic South View Of Downtown Skyline, Cn Tower And Lake Ontario, Functional 1 Bedrooms And 1 Washroom. The Suite Features 9Ft+ Ceilings & Floor To Ceiling Windows, Liebherr And Aeg Appliances, Carrera Marble-Clad Master Bath W/ Standing Showers, Custom Soft-Closing Cabinetry Throughout, Open Concept Designer Kitchen, ~100 Sqft Balcony.

Extras

Upgraded Custom Lighting, Heated Flooring. Oak Floors, Smart Home Control, Digital Shower System. 5 Star Amenities - Terrace, Junior Olympic Pool, Hot Tub, Sprawling Fitness Center, 24Hr Concierge, Direct Access To St. Patrick Subway

Brokerage: future group realty services ltd., brokerageMLS® #C5265769

Book A Showing

Select a Date and Time
Sunday
13
June
Monday
14
June
Tuesday
15
June

Viewings are free and there's no obligation.

Room Dimensions

AreaFeet | MetersDetails
Living12.14 x 10.53ftWalkout To Balcony, South View
Kitchen9.84 x 7.94ftModern Kitchen, Centre Island, Built-in Appliances
Master10.2 x 10.5ftCloset Organizers, Sliding Doors

Utilities Included

Rent Includes

Heat
Air Conditioning
Water
Building Insurance

Tenant Must Pay Separately

Hydro

Amenities

Concierge
Party/Meeting Room
Rooftop Deck/Garden
Gym
Squash Racquet Court
Indoor Pool
Sauna
Outdoor Pool
Media Room

Listing History for Unit 2909

Stats, Trends & Rankings

Price Per Square Foot For Sale
Price Per SQFT For Sale
SaleRent
The Residences of 488 University Avenue vs The Grange Park Area
SaleRent

$394
More Expensive
per SQFT compared to the neighbourhood average
The Residences of 488 University Avenue's Avg
price per SQFT
$1,331
/ SQFT
Neighbourhood Avg
price per SQFT
$937
/ SQFT

Building Trends At The Residences of 488 University Avenue

Days on Market

Units at The Residences of 488 University Avenue spend an average of
26
Days on Market
based on recent sales

List vs Selling Price

On average, these condos sell for
100%
of the list price.
Or in other words, the
entire 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
N/A
YEARS before being sold again

Property Value

3%
Increase in property value within the past twelve months

Price Ranking

1st
Highest price per SQFT out of 12 condos in the Grange Park area

Sold Units

32
Units were Sold over the past twelve months

Rented Units

115
Units were Rented over the past twelve months

Best Value

The Residences of 488 University Avenue offers the
?
best value out of 12 condos in the Grange Park neighbourhood

Return on Investment

The Residences of 488 University Avenue has the
?
highest ROI out of 12 condos in the Grange Park neighbourhood

Rental Yield

The Residences of 488 University Avenue yields the
?
highest rent prices out of 12 condos in the Grange Park neighbourhood

High Demand

The Residences of 488 University Avenue is the
?
most popular building out of 12 condos in the Grange Park neighbourhood

Sales vs Rental Values For This Condo

Average Cost Per SQFTSales Price RangeRental Price Range
1 Bed544 - 715 SQFT$1,359$739,900 - $739,900$1,800 - $2,600
1 Bed + Den574 - 800 SQFT$1,351$825,000 - $915,000$2,200 - $3,000
2 Bed649 - 872 SQFT$1,263$945,000 - $1,080,000$2,400 - $3,250
2 Bed + Den949 - 1105 SQFT$1,363$1,312,000 - $1,470,000$3,500 - $4,400
3 Bed1000 - 1620 SQFT$1,196$1,400,000 - $1,400,000$3,700 - $5,800
3 Bed + Den1042 - 1299 SQFT$1,217$1,300,000 - $1,476,800$4,100 - $5,200
1 Bed544 - 715 SQFT
Average Cost Per Sqft
$1,359
Sales Price Range
$739,900 - $739,900
Rental Price Range
$1,800 - $2,600
1 Bed + Den574 - 800 SQFT
Average Cost Per Sqft
$1,351
Sales Price Range
$825,000 - $915,000
Rental Price Range
$2,200 - $3,000
2 Bed649 - 872 SQFT
Average Cost Per Sqft
$1,263
Sales Price Range
$945,000 - $1,080,000
Rental Price Range
$2,400 - $3,250
2 Bed + Den949 - 1105 SQFT
Average Cost Per Sqft
$1,363
Sales Price Range
$1,312,000 - $1,470,000
Rental Price Range
$3,500 - $4,400
3 Bed1000 - 1620 SQFT
Average Cost Per Sqft
$1,196
Sales Price Range
$1,400,000 - $1,400,000
Rental Price Range
$3,700 - $5,800
3 Bed + Den1042 - 1299 SQFT
Average Cost Per Sqft
$1,217
Sales Price Range
$1,300,000 - $1,476,800
Rental Price Range
$4,100 - $5,200

How Often Are Units Listed?

Average Sales AvailabilityAverage Rental AvailabilityRatio of Unit Type in Building
1 Bed544 - 749 SQFT
N/A
Every20Days
10%
1 Bed + Den574 - 800 SQFT
Every83Days
Every7Days
35%
2 Bed649 - 872 SQFT
Every46Days
Every8Days
27%
2 Bed + Den949 - 1105 SQFT
Every72Days
Every16Days
15%
3 Bed1000 - 1620 SQFT
Every124Days
Every36Days
8%
3 Bed + Den1000 - 1299 SQFT
Every107Days
Every43Days
8%
1 Bed544 - 749 SQFT
Average Sales Availability
N/A
Average Rental Availability
Every20Days
Ratio of Unit Type in Building
10%
1 Bed + Den574 - 800 SQFT
Average Sales Availability
Every83Days
Average Rental Availability
Every7Days
Ratio of Unit Type in Building
35%
2 Bed649 - 872 SQFT
Average Sales Availability
Every46Days
Average Rental Availability
Every8Days
Ratio of Unit Type in Building
27%
2 Bed + Den949 - 1105 SQFT
Average Sales Availability
Every72Days
Average Rental Availability
Every16Days
Ratio of Unit Type in Building
15%
3 Bed1000 - 1620 SQFT
Average Sales Availability
Every124Days
Average Rental Availability
Every36Days
Ratio of Unit Type in Building
8%
3 Bed + Den1000 - 1299 SQFT
Average Sales Availability
Every107Days
Average Rental Availability
Every43Days
Ratio of Unit Type in Building
8%

Maintenance Fees
The Residences of 488 University Avenue vs The Grange Park Area

$0.02
Less Expensive
per SQFT compared to the neighbourhood average
The Residences of 488 University Avenue's Avg
monthly maintenance
fee per SQFT
$0.75
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.77
/ SQFT

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