488 University Ave 2208

FOR SALE
$948,000
488 University Ave 2208, Downtown Toronto
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
488 University Ave 2208
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C11919547
MLSID
Contact Us
Property Description
Toronto Downtown Prime Location, Location, Location, Location, !! University & Dundas Award Winning Building, 9th Floor Celling Window, Direct Access to St. Patrick Subway Station, Hospitals Near By, Dental, School, Art Gallery Of Ontario, U Of T , Toronto City Hall, Ryerson University, Financial District, Eaton Centre, College Park Shops, Amazing Amenities, Luxury Building, Open Concept Lay Out Very Bright **EXTRAS** Fridges, Stove, B/I Dishwasher, Microwave, Granite Counter Tops, Ensuite Washer and Dryer, All Elfs, Blinds.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2025-01-04 2025-02-05 32 $3,700 - Terminated
2023-07-17 2023-07-19 2 $3,800 $3,800 Leased
2021-06-04 2021-07-02 28 $2,995 $2,850 Leased
2020-05-21 2020-06-26 36 $2,980 $2,900 Leased
Nearby Intersections
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$4,138 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
BrMain31.76' x 36.06'4 Pc Ensuite, Large Window
2nd BrMain27.76' x 32.28'Sliding Doors, Large Window
LivingMain41.11' x 41.99'Laminate, Combined W/Dining, W/O To Balcony
DiningMain41.11' x 41.99'Laminate, Combined W/Kitchen, Open Concept
KitchenMain41.11' x 41.99'Laminate, Combined W/Dining, Stainless Steel Appl
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
488 University Ave 2208 is a 2-bedroom 2-bathroom condo listed for sale at $948,000, which is $191,399 (25.3%) higher than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.
Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Hc Realty Group Inc.
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