Highlights
Pet Friendly
Location
Contact
Jeff Poon
Nearby rentals
Property management
Jeff Poon
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
Great for
Apartment Amenities
| Air Conditioning | Balcony |
| Hardwood Floor | View |
Appliances
| Dishwasher | In-Unit Laundry |
| Individual Thermostats | Stove |
Tech
| Alarm System | Internet Ready |
| Keyless Entry |
Building
| Cats OK | Dogs OK |
| Elevator | Fitness Center |
| Gym | No Smoking Allowed |
| Recreation Room | Roof Deck |
| Social Room | Video Surveillance |
Grounds
| Exercise Room | Swimming Pool |
Services
| 24/7 Concierge Service | Concierge Service |
| On-Site Staff |
Neighborhood
| Convenience Store | Public Transit |
| Shopping Nearby |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
PLEASE READ UNTIL END BEFORE ENQUIRINGNot intended to solicit buyers or sellers currently under contract with a brokerage SO IF YOU ALREADY SPOKE TO/WORKING WITH ANOTHER REALTOR PLEASE ADVISE THEM TO BOOK THE SHOWING ON YOUR BEHALF. DO NOT CONTACT ME (CONFLICT OF INTEREST).NO SHORT TERM RENTALS. Move in date: 0-30 days (anything longer please contact me by phone).Welcome To Award Winning Prestigious Building "The Residences Of 488 University Avenue", Located In The Heart Of Downtown Toronto. With 100% Transit Score. Featuring 2 Bedrooms And 2 Full Bathrooms. Luxurious Finishes, High-End Integrated Appliances. Modern Kitchen With Centre Island, Engineered Hardwood Floor Throughout. Functional Open Concept Layout. Smart Home Control, World Class 5 Star Sky Club Amenities. Direct Access To St. Patrick Subway, Steps To Financial And Entertainment. 24 Hours Concierge Pool, Sauna, Gym, Media Room, Roof Deck And Many More! Parking Available For Rent Through Amexon. Landlord requires that your income to rent ratio to be under 39% (rent should not be more than 39% of your income) and a credit score of over 700Documents required for lease of unit:1) Copy of Canadian photo ID 2) letter of employment and 2 recent paystubs, if self employed 2 years Notice Of Assessment (NOA) 3) Full credit report from transunion or equifax A+++ tenants only **Not intended to solicit buyers or sellers currently under contract with a brokerage** so if you are already working with a realtor please advise them to book showing on your behalf. listed by RE/MAX PREMIER INC.
How 488 University Avenue, Toronto, ON M5G 1V2, Canada compares to other nearby properties.
Positives
| Neighborhood | Grange Park |
|---|---|
| Post code | M5G 0C1 |
| Type | Apartment for rent |
2-bedroom apartments at 488 University Ave cost about 10% more than the average rent price for 2-bedroom apartments in Toronto.
| Month | Median Rent |
|---|---|
| August 2024 | $3,088 |
| 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 | $2,748 |
| December 2025 | $2,739 |
| January 2026 | $2,719 |
| February 2026 | $2,708 |
| March 2026 | $2,693 |
| April 2026 | $2,684 |
| May 2026 | $2,669 |
| June 2026 | $2,693 |
| July 2026 | $2,696 |
| August 2026 | $2,770 |
| Month | Median Rent |
|---|---|
| August 2024 | $2,816 |
| 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 | $3,080 |
| December 2025 | $3,032 |
| January 2026 | $2,981 |
| February 2026 | $3,014 |
| March 2026 | $3,092 |
| April 2026 | $3,007 |
| May 2026 | $2,947 |
| June 2026 | $3,293 |
| July 2026 | $3,068 |
| August 2026 | $3,000 |
Can I afford to live at 488 University Ave?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$132,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| Last month | $3,200 | 1 bed | 1 bath | ||
| 2 months ago | $4,900 | 2 bed | 2 bath | ||
| 2 years ago | $3,800 | 2 bed | 2 bath | ||
| 2 years ago | $6,000 | 2 bed | 2 bath | ||
| 2 years ago | $6,000 | 2 bed | 2 bath | ||
| 2 years ago | $6,000 | 2 bed | 2 bath | ||
| 3 years ago | $3,500 | 2 bed | 2 bath | ||
| 3 years ago | $3,500 | 2 bed | 2 bath | ||
| 3 years ago | $3,600 | 2 bed | 2 bath |
Grange Park | Toronto, ON
Occupied
2 Beds
2 Baths
$4,900
Balcony • Dishwasher • In-Unit Laundry • Central Heat • Walk-In Closets • Assigned Parking
Occupied
1 Bed
1 Bath
$2,990
In-Unit Laundry • Dishwasher • Balcony • Air Conditioning
Occupied
1 Bed
1 Bath
$3,200
Balcony • High Ceilings • Assigned Parking
Occupied
2 Beds
2 Baths
$2,900
Balcony
Occupied
2 Beds
2 Baths
$3,250
Hardwood Floor • Balcony
Occupied
2 Beds
2 Baths
$3,500
Balcony
Occupied
2 Beds
2 Baths
$3,600
Balcony
Occupied
2 Beds
2 Baths
$3,800
Balcony • Assigned Parking • Outdoor Space
Occupied
2 Beds
2 Baths
$4,200
Walk-In Closets • Balcony
Occupied
2 Beds
2 Baths
$4,350
Balcony
Occupied
2 Beds
2 Baths
$6,000
Balcony • In-Unit Laundry • Assigned Parking
Occupied
Studio
1 Bath
$7,000
Occupied
1 Bed
1 Bath
$2,250
Occupied
1 Bed
– Baths
$2,300
Occupied
1 Bed
1 Bath
$2,350
Furnished • High Ceilings
Occupied
1 Bed
1 Bath
$2,350
Occupied
1 Bed
1 Bath
$2,600
Occupied
1 Bed
1 Bath
$2,700
Occupied
1 Bed
1 Bath
$2,700
Occupied
1 Bed
1 Bath
$2,700
Occupied
1 Bed
1 Bath
$2,750
Occupied
1 Bed
1 Bath
$2,750
Occupied
1 Bed
1 Bath
$2,890
Occupied
1 Bed
1 Bath
$2,925
Occupied
1 Bed
1 Bath
$2,950
Balcony • In-Unit Laundry • Dishwasher • Outdoor Space • Central Heat • Fitness Center
Occupied
1 Bed
1 Bath
$2,950
Occupied
2 Beds
2 Baths
$2,395
Occupied
2 Beds
1 Bath
$2,450
Balcony • High Ceilings • Dishwasher • In-Unit Laundry • Central Heat • Walk-In Closets
Occupied
2 Beds
2 Baths
$2,500
Occupied
2 Beds
1 Bath
$2,600
Occupied
2 Beds
2 Baths
$2,600
Furnished • High Ceilings
Occupied
2 Beds
2 Baths
$2,700
Furnished • High Ceilings
Occupied
2 Beds
1 Bath
$2,750
Occupied
2 Beds
2 Baths
$2,750
Occupied
2 Beds
2 Baths
$2,795
Occupied
2 Beds
1 Bath
$2,800
Occupied
2 Beds
2 Baths
$2,900
Occupied
2 Beds
2 Baths
$2,950
Occupied
2 Beds
2 Baths
$3,000
Balcony • Assigned Parking
Occupied
2 Beds
2 Baths
$3,000
Occupied
2 Beds
2 Baths
$3,200
Occupied
2 Beds
2 Baths
$3,300
Occupied
2 Beds
2 Baths
$3,400
Occupied
2 Beds
5 Baths
$3,400
Occupied
2 Beds
1 Bath
$3,500
High Ceilings • Dishwasher • Central Heat • Fitness Center • Air Conditioning
Occupied
2 Beds
2 Baths
$3,500
Occupied
2 Beds
2 Baths
$3,500
Occupied
2 Beds
2 Baths
$3,500
Balcony • High Ceilings • Hardwood Floor • In-Unit Laundry • Dishwasher • Central Heat
Occupied
2 Beds
2 Baths
$3,500
Balcony • High Ceilings • Hardwood Floor • Dishwasher • In-Unit Laundry • Central Heat
Occupied
2 Beds
2 Baths
$3,600
Occupied
2 Beds
2 Baths
$3,700
Balcony • Hardwood Floor • Deck • In-Unit Laundry • Dishwasher • Central Heat
Occupied
2 Beds
2 Baths
$3,750
Occupied
2 Beds
2 Baths
$3,800
Occupied
2 Beds
2 Baths
$3,800
Occupied
2 Beds
2 Baths
$3,950
Balcony • High Ceilings • Hardwood Floor • In-Unit Laundry • Dishwasher • Central Heat
Occupied
2 Beds
2 Baths
$4,000
Occupied
2 Beds
2 Baths
$4,000
Occupied
2 Beds
2 Baths
$4,200
Occupied
2 Beds
2.5 Baths
$4,650
Balcony • High Ceilings • Hardwood Floor • In-Unit Laundry • Dishwasher • Central Heat
Occupied
2 Beds
1 Bath
$5,000
Occupied
3 Beds
2 Baths
$3,900
Occupied
3 Beds
2 Baths
$3,950
Balcony • Assigned Parking
Occupied
3 Beds
2 Baths
$4,000
Occupied
3 Beds
2 Baths
$4,100
Occupied
3 Beds
2 Baths
$4,340
Occupied
3 Beds
2 Baths
$4,340
High Ceilings • Hardwood Floor • Garden • Dishwasher • In-Unit Laundry • Central Heat
Occupied
3 Beds
3 Baths
$4,350
On-Site Laundry • Hardwood Floor • In-Unit Laundry • Dishwasher • Central Heat • Walk-In Closets
Occupied
3 Beds
2 Baths
$4,450
Occupied
3 Beds
2 Baths
$4,600
On-Site Laundry • Balcony • Hardwood Floor • In-Unit Laundry • Dishwasher • Central Heat
Occupied
3 Beds
2 Baths
$4,900
Central Heat • Dishwasher • High Ceilings • Air Conditioning
Occupied
3 Beds
3 Baths
$5,850
On-Site Laundry • Balcony • High Ceilings • Dishwasher • In-Unit Laundry • Central Heat
Occupied
3 Beds
3 Baths
$7,000
Occupied
3 Beds
3 Baths
$7,800
Central Heat • Dishwasher • High Ceilings • Air Conditioning
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