Zumper
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4 Days Ago

Location

488 University Ave #5102, Toronto, ON M5G 0C1, CAN|Grange Park

Tour 488 University Ave #5102

Contact

Property Management Toronto Inc.

(416) 451-9499

Property Overview

Located in a vibrant area, this property offers proximity to public transit, shopping, and dining options, enhancing urban living experience. With modern amenities and stylish interiors, it caters to those seeking comfort and convenience. Noteworthy features include stunning city views, high-end appliances, and access to exclusive building facilities, adding to the allure of urban sophistication.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Covered parking
  • Elevator
  • Extra Storage

Great for

  • Eco living

Policies and fees

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About 488 University Ave #5102

HomeHouses in TorontoGrange Park 488 University Ave #5102, Toronto, ON M5G 0C1, CAN

Welcome to Suite 5102 at 488 University Avenue, a rare corner residence in one of Toronto's most iconic towers. This meticulously upgraded 2+1 bed, 2 bath suite spans over 1,000 sq ft plus an oversized 8' deep balcony, with unobstructed 270 views of the city, lake, and Queens Park from the 51st floor. Sophisticated and smart, the home is equipped with Lutron dimmers (remote-ready), motorized roller shades, and custom lighting. Soaring 10 ft ceilings, floor-to-ceiling windows, and architectural concrete pillars elevate the ambiance. The kitchen features ToughSkin-protected quartzite countertops, state-of-the-art appliances, a warming drawer, dual-zone wine fridge, and built-in pantry. The primary bedroom boasts a fully built-out walk-in closet and an exquisite marble-clad ensuite with Kohler digital rain shower, body sprays, freestanding soaker tub, and an in-mirror TV with sound system. The second bedroom includes a custom Murphy bed/desk, while the den serves as a bright workspace or reading nook. Additional highlights include: Kohler fixtures, upgraded toilets, LED-lit mirrors, crown moulding, and premium trim. Enjoy valet parking, concierge, and world-class amenities: fitness centre, pool, rooftop terrace, lounge, and direct indoor access to St. Patrick Station. Steps to UHN hospitals, U of T, Financial & Entertainment Districts, Queen West, and more. A truly elevated lifestyle at one of Toronto's premier addresses. Inclusions: Stainless Steel/Integrated Appliances ~ Fridge, Stove, Microwave, Dishwasher, Wine Fridge. Washer & Dryer. Heating Is Included. Hydro & Water Are Extra (Tenant Responsible For Payment). Valet Parking Is Available For An Additional Fee.


Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 488 University Ave, Toronto, ON M5G 0C1, CAN compares to other nearby properties.

Positives

Covered parking
Garage, covered, or indoor parking is available at this address
Elevator
Improved accessibility features
Extra Storage
Upgraded in-unit features
Fireplace
Upgraded in-unit features available
Images available
There are at least 10 photos of this address
Outdoor space
One or more rentals here have easy access to the outdoors
Package service
More secure storage for delivery
Roof deck
Access to public roof space

Address details

NeighborhoodGrange Park
Post codeM5G 0C1
TypeHouse for rent

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Rent trends in Grange Park

2-bedroom apartments at 488 University Ave #5102 cost about 57% more than the average rent price for 2-bedroom apartments in Toronto.

Median rents as of Nov 1 2025.
Grange Park
Toronto
A table of 2-bedroom apartment rental data trends in Toronto
MonthMedian Rent
November 2023$3,274
December 2023$3,211
January 2024$3,200
February 2024$3,197
March 2024$3,169
April 2024$3,105
May 2024$3,133
June 2024$3,103
July 2024$3,049
August 2024$3,092
September 2024$3,043
October 2024$2,997
November 2024$2,961
December 2024$2,948
January 2025$2,993
February 2025$2,976
March 2025$2,901
April 2025$2,860
May 2025$2,850
June 2025$2,850
July 2025$2,816
August 2025$2,799
September 2025$2,778
October 2025$2,764
November 2025$2,750
A table of 2-bedroom apartment rental data trends in Grange Park
MonthMedian Rent
November 2023$3,700
December 2023$3,700
January 2024$3,650
February 2024$3,500
March 2024$3,500
April 2024$3,425
May 2024$3,266
June 2024$3,180
July 2024$3,175
August 2024$2,926
September 2024$2,893
October 2024$3,056
November 2024$3,132
December 2024$2,993
January 2025$3,133
February 2025$3,016
March 2025$2,954
April 2025$2,886
May 2025$2,907
June 2025$3,025
July 2025$2,843
August 2025$2,787
September 2025$2,751
October 2025$2,956
November 2025$3,000

Affordability calculator

Can I afford to live at 488 University Ave #5102?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$188,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $188,000 annually to afford this 2-bedrooms monthly rent price of $4,700.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 488 University Ave, Toronto, ON.
1 year ago$6,0003 bed2 bath
1 year ago$4,9752 bed2 bath
1 year ago$4,9503 bed2 bath
1 year ago$3,2001 bed1 bath
1 year ago$6,0003 bed2 bath
1 year ago$3,4001 bed1 bath
1 year ago$3,4502 bed2 bath
1 year ago$2,7001 bed1 bath
1 year ago$3,1001 bed1 bath
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Internet available near 488 University Ave #5102

Neighborhood

Grange Park | Toronto, ON

NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around Toronto near 488 University Ave #5102

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

4/10
Roads are accessible, but parking may be a challenge.

Cycling

9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 488 University Ave #5102, Toronto

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

10/10
Wide variety of shops within a few minutes' walk

Cafes

10/10
Variety of cafés right on the street

Restaurants

10/10
Variety of restaurants right on the street

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Parks

10/10
Very large amount of park space within a few minutes' walk

Nightlife

9/10
Variety of bars within a few minutes' walk

Explore the area around 488 University Ave #5102

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Other units at this address

488 University Ave Toronto, ON

Occupied

2009

Our team has verified this company

1 Bed

1 Bath

$2,600

Listed by Kieran Kelleher
Days on market: 529
Award Winning Luxury Building In Aaa Location With Direct Subway Access! Bright South Facing Unit With Cn Tower View & High-End Finishings. 4 Piece Bath With Luxury Soaker Tub! Impressive Amenity Space Spans Over 2 Floors With Everything You Need. Steps To Hospital Row, Financial District, Top University In Canada (Uoft), Financial District, Art Gallery Of Ontario, Ocad University, Eaton Centre, Restaurants & More. Unbeatable Location. Luxury Living Over The City.

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2709

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Days on market: 589
1 Bedroom / 1 Washroom / Balcony / Top-Shelf / 05-08-2024 Luxurious 1 Bed Room Condo In Heart Of Downtown Toronto. Very Bright South Facing Unit.*9 Ft Ceiling* City/Lakes View* Engineer Laminated Floor Thru-Out. Large Kitchen With Quartz Island. Open Concept Layout. The Best Location Has Direct Subway Access To The St. Patrick Station. Steps To Queens Park, University Of Toronto, Financial District, Ryerson University, Art Gallery Of Ontario, Hospital, China Town, Eaton Centre. Luxury Living Over The City.

Occupied

3409

Our team has verified this company

1 Bed

1 Bath

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Listed by Kieran Kelleher
Days on market: 880
1 Bedroom / 1 Washroom / Balcony / July 10th 2023 Upscale Condo W Direct Access to St. Patrick Subway Station! Very Bright South Facing Unit!9 Ft Ceiling! High Floor W City/Lake View! Modern Kitchen With Quartz Island! Engineer Laminated Floor Thru-Out! Close To Queens Park, U. of T., Financial District, OCAD University, Hospitals, China Town, Eaton Centre! 544Sf+108Sf Balcony! Luxury Living Over The City.

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2715

Our team has verified this company

1 Bed

1 Bath

$2,980

Listed by Kieran Kelleher
Days on market: 605
1 Bedroom + Den / 1 Washroom / Balcony / Huge Views / Available Introducing a world-class condo, boasting multiple international awards. Enjoy breathtaking views from every room and indulge in spa-like luxury with a mirror TV in the bath. Direct access to St. Patrick's subway and the underground PATH ensures convenience. The skyclub offers a gym, pool, sauna, and lounge, while the Skybar serves spa-inspired cuisine. This condo is a pristine haven of sophistication.Extras: Students welcome. Den can be used for second bedroom. Downstair directly go to the st patrick subway station. Luxury Living Over The City.

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2106

Our team has verified this company

1 Bed

1 Bath

$3,100

Listed by Kieran Kelleher
Days on market: 574
1 Bed + Den / 1 Wash / Balcony / Locker Welcome to 488 University Ave, a building full of all the 5 star amenities, luxurious finishes and spectacular views. This open concept unit features a very functional layout with separated primary and den, walk in closet, and spa-like washroom. Luxurious finishes and upgrades throughout. Beautiful east facing views. St. Patrick subway station located below building, restaurants, Eaton Centre, and transit. Luxury Living Over The City.

Occupied

5115

Our team has verified this company

1 Bed

1 Bath

$3,200

Listed by Kieran Kelleher
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1 Bedroom + Den / 1 Washroom / Balcony The Residences Of University Avenue. Amazing One Bedroom Plus Den Suite. Steps To University, Financial District, Hospitals, Museums And Shopping. Den Large Enough To Be Used As Bedroom. Beautiful West Views. Direct Access To Subway. Luxury Living Over The City.

Occupied

5006

Our team has verified this company

1 Bed

1 Bath

$3,400

Listed by Kieran Kelleher
Days on market: 529
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Occupied

2111

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1 Bed

1 Bath

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Prime Location at University/Dundas. Amazing Layout with Luxury Upgrades. 1Br+Den with Fantastic View. 9' High Ceiling. Hardwood Throughout. Direct Access to Subway, Restaurant, 24Hr Security. Steps to UofT, Financial District, OCAD, etc. Amazing Amenities. Luxury Living Over The City.

Occupied

3400

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2 Beds

2 Baths

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Occupied

3103

Our team has verified this company

2 Beds

2 Baths

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Occupied

2701

Our team has verified this company

2 Beds

2 Baths

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Days on market: 703
2 Bed / 2 Wash / Balcony / November 6th Live In The Luxurious & Exclusive Residences Of 488 University Ave. This Stunning 2 Bed 2 Bath W/ Contemporary Finishes, High Flr W/ Unobstructed North View Offers A Spacious & Functional Layout W/ Just Under 700 SF + 115 SF Oversized Balcony, 9 Ft Ceilings W/ Pot Lights, Floor To Ceiling Windows. Top Of The Line Finishes W/ Spa Like Baths, Carrera Marble-Clad Master Bath W/ Standing Showers; Open Concept Designer Kitchen With Marble Countertops & High End Liebherr & AEG Appliances, Custom Soft-Closing Cabinetry, Engineered Hardwood Throughout. Prime Location W/ Direct Access To St-Patrick Subway Stn. Walk To Hospitals, Financial District, Eaton Centre, U Of T, OCAD, Ryerson, Yorkville And Queens Park. Steps to Shopping, Cafes, Museums, Parks, Galleries And So Much More! Luxury Living Over The City.

Occupied

Ste 3708

Our team has verified this company

2 Beds

2 Baths

$3,500

Listed by Landlord Property & Rental Management Inc
Days on market: 651
TO SCHEDULE A VIEWING, PLEASE REPLY TO THIS AD www landlord net listings \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ BEDROOMS/BATHROOMS: - 2 Bedrooms - 2 Bathrooms (2 x 4pc) PRICING: - $3500 per month UTILITIES: - Heat, Hydro and Water Extra MOVE IN DATE: - Avail March 1st 2024 PARKING: - No parking \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ 488 UNIVERSITY AVE. SUITE 3708 SUITE SPECIFICS: - Appliances: Fridge, Electric cooktop, B/I Microwave, Dishwasher, Wine Fridge, Wall Oven, Washer and Dryer - Modern Kitchen with B/I appliances - Luxury Finishes - Ensuite Laundry - Private Balcony - Exceptional cityscape views - Minutes from transit, shopping and restaurants - This location is in Kensington-Chinatown neighbourhood - Has a Walk Score of 100 out of 100! - Nearby parks include Butterfield Park, Grange Park and Larry Sefton Park. - Professionally managed by Landlord Property and Rental Management Inc. *Please go to the booking link to schedule a showing. Calls are not monitored as frequently*

Occupied

3303

Our team has verified this company

2 Beds

2 Baths

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Luxury Living Over The City.

Occupied

2608

Our team has verified this company

2 Beds

2 Baths

$3,750

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Days on market: 612
2 Bedroom / 2 Washroom / Parking / Big Balcony w Amazing View Beautiful Two Bedroom Condo With Two Bathrooms In Prime Downtown Location. Enjoy Living In This Efficient 2 Layout Unit With A Gourmet Kitchen, Open Concept Living Area. This Building Is Perfectly Located With Direct Access To St. Patrick Subway. Steps To Financial District, Supermarket, Restaurants, Eaton Center, Ocad, Uft, A.G.O. Hospitals. Luxury Living Over The City.

Occupied

4302

Our team has verified this company

3 Beds

2 Baths

$4,950

Listed by Kieran Kelleher
Days on market: 879
3 Bedroom / 2 Washroom / Balcony / June 20th Absolutely Luxurious 3-Bdrm Suite With Breathtaking Unobstructed Views Of The City & Lake! Located At Prime University/Dundas, It Features With 9" Flr-To-Ceiling Windows, High-End B/I Appliances & Quartz Countertops, Wd Flr Throughout, Spacious Master Bthrm With Beautiful Deep-Soaking Bathtub & Separate Shower, Oversized Balcony. Direct Access To St Patrick Subway Station, Steps To Uoft, Hospitals, Eaton Ctr, Queens Park & Many Other Amenities. Luxury Living Over The City.

Occupied

4116

Our team has verified this company

3 Beds

2 Baths

$5,400

Listed by Kieran Kelleher
Days on market: 590
Furnished / 3 Bedroom + Den / 2 Washroom / Parking / Balcony Luxurious Spacious 3 + Den Suite Is Available! Unit newly painted. The Suite Is Bright And With Super Great Unobstructed Water And City Views! Directly Access To The Nearest Subway Station - St. Patrick Subway Station. Located At The Extremely Convenient Location Which Is In The Heart Of Downtown And Financial District. Surrounded By Restaurants, Entertainments, Transit Station, Parks, Essential Amenities And More! Steps To The Large Shopping Centre - Eaton Centre.Extras: Luxury Living Over The City.

Occupied

5016

Our team has verified this company

3 Beds

2 Baths

$6,000

Listed by Kieran Kelleher
Days on market: 529
3 Bedroom + Den / 2 Washroom / Parking / Balcony / June 1st Terrific Unobstructed Views! 1136 sq ft + 185 sq ft Balcony; Luxury building; Direct access to St. Patrick Subway; Gorgeous high-end finished; 24 hour valet parking; heart of the city close to everything - Theatre, Shopping, U of T, University Hospital Network, Restaurants; 9ft smooth ceilings, hardwood floors throughout, spa-like bathroom freestanding tub, body spray frameless glass shower built-in tv in bathroom! Luxury Living Over The City.

Occupied

4810

Our team has verified this company

3 Beds

3 Baths

$7,500

Listed by Kieran Kelleher
Days on market: 857
Furnished / 3 Bedroom / 3 Washroom / Parking / Balcony / August 2nd Luxury condo w/ million $$ view, Montaigne suite, 1620 sqft, 10 foot ceilings w 3 bedrooms. 2.5 baths. Amazing 273 sqft terrace! Fantastic upgraded kitchen with large Island! Enjoy this rare opportunity to live in the heart of Toronto and appreciate watching the sun set!. Amenities including restaurant on 19th floor, indoor pool, gym, yoga room, 24 hr concierge, 24hr valet parking. Connect directly to the subway. Apartment comes fully furnished. Luxury Living Over The City.

Occupied

####

1 Bed

1 Bath

$3,500

Listed by Susie Daddario
Days on market: 413
Stunning lake and city views! Located in the prime Queen's Park/University area with direct access to subway and walking distance to all major hospitals, U of T, Queen's Park, T.M.U, financial district, and Eaton Centre. Fully furnished 1 bed plus den luxury condo in the world-class Landmark building, with thousands spent on upgrades: hardwood flooring throughout, remote-controlled blinds and luxury curtains, walk-in closet, high-end built-in stainless steel appliances, quartz countertops, washer and dryer, smart toilet, shower with waterfall and side-jets, soaker tub and wood-floored balcony! Extras included: Nespresso coffee machine, cooking utensils, plates, cups and cutlery. Sheets and towels are available upon request. Award-winning amenities including: techno gym, indoor saltwater pool, yoga studio, weights room, spinning studio, steam and sauna, full-service spa, relaxation lounges, library, casual bar and patio, private event centre, and much more! First and last month’s rent due at signing. No smoking allowed.

Occupied

3110

2 Beds

2 Baths

$4,975

Listed by Kaeman Sustar
Days on market: 374
Wow what a view! South West Corner - Stunning Lake and City Views - Best views in the building! Watch the sunset every night on your oversized balcony with a glass of wine! Bright and sunny 2 Bedroom Plus Den. Fifth Avenue suite, 1075 interior square feet. Primary Bedroom can fit a king size bed, Beautiful soaker tub in the primary bathroom and custom closet organizers in the primary closet. Luxury condo connected directly to St Patrick Subway station. Condo includes One 24 hour valet parking spot - no need to go underground to get your car! Go downstairs and grab lunch or a coffee without going outside. Walk to hospitals, cafes, restaurants, Financial District, Queen West, AGO, Universities - convenience at it's best! Note: Building Charges Valet Parking Set Up Fee Of $240.

Occupied

3402

3 Beds

2 Baths

$5,000

Listed by David Morales
Days on market: 289
*Fully furnished, luxury corner suite featuring 3 bedrooms or 2 + office with floor-to-ceiling windows and unobstructed city views. The open-concept living space extends to a spacious balcony with breathtaking skyline views. Enjoy a fully equipped kitchen with top-of-the-line appliances, 2 full baths including a 4-piece ensuite in the primary bedroom, complete with a soaker tub. - Direct access to St. Patricks Subway station, steps from hospitals, U of T and Metropolitan Universities, Queen's Park, and the Financial District. **All utilities and Internet Included ask L.A for details**. Floor plan on last photo. Residents enjoy access to the 40,000 SQF Sky Club, featuring an 80-ft indoor saltwater pool, rooftop terrace, state-of-the-art fitness centre, hot tub, steam rooms, and sauna.

Occupied

2810

3 Beds

2 Baths

$5,995

Listed by P K Smith
Days on market: 822
This 2+1 Bd, 2 Bath Luxury Condo Awaits You. This Incredibly Spacious Corner Unit Boasts Spectacular South/West, Unobstructed Views Of The City, Incl. Lake & Cn Tower. Large Open Concept Features A Stunning Modern Kitchen With Aeg Appliances Pkg, & Panelled Fridge/Freezer. Primary Bedroom Incl Gorgeous 8 Pc Ensuite W/ Marble Flrs, B/I Mirror Tv And Lrg Soaker Tub. Direct Access To Subway, Close To Shops, Restaurants & Hospital. Not To Be Missed! B/I Aeg Convection Oven, Aeg B/I Stove, Aeg Glass Cooktop, Aeg Dishwasher, Panelled Fridge/Freezer. Both a letter of employment (to prove sufficient income to make rent payments) and credit report (to prove an ability to make payments on time) are required with an offer to lease. If you are interested, please tell me about yourself and your profession / education / interests. A credit check is required, showing that you are able to make rent payments. Available from Sep 1 or Oct 1. Welcome to your new home.

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