$1,495,000Asking Price

#5202 - 488 University Avenue, Toronto, ON M5G 0C1 #2

Chinatown, Toronto

Other
3
Bedrooms
2
Baths
1
Parking
Days on Market

*****Attention Investor watch here***** : Great collect rent $$$5350/ month Opportunity , owned this 3 beds +2 full baths+ huge balconies + 1 parking , high floor with fantastic views. Prime University/ Dundas! World-Class Award-Winning Landmark Building, Direct Access To Subway. Luxury $$$ Spent High End Upgrade. Executive Suite, 1042Sqft Interior And 180Sqft Balcony With A Total Of 1222Sqft Of Living Space. 3 Beds +2Baths +1 Valet Parking+ Balcony! Fantastic Views, 9' Floor To Ceiling Windows. Wood Floor Throughout. Steps To U of T. Uhn Hospitals, Ryerson U (Toronto Metropolitan U), Financial District, Eaton Center, Queens Park, College Park Shops. World Class 6 stars Building Amenities Include: Top Of The Line Valet Parking, 24hrs concierge, Fitness Centre With Spa, indoor pool, Party Room, Sky Bar & More! **EXTRAS** Purchase Price Included: 1 Valet Parking Right, all existing Appliances, Upgrade Mirror Tv In Master Bath, Freestand Bath Tub, All Elfs' and all customer made Blinds. ***** Great Peace of mind investment opportunity:collect rent since day 1 owns it,no miss any income $$$ of any single day ! *****

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*****Attention Investor watch here***** : Great collect rent $$$5350/ month Opportunity , owned this 3 beds +2 full baths+ huge balconies + 1 parking , high floor with fantastic views. Prime University/ Dundas! World-Class Award-Winning Landmark Building, Direct Access To Subway. Luxury $$$ Spent High End Upgrade. Executive Suite, 1042Sqft Interior And 180Sqft Balcony With A Total Of 1222Sqft Of Living Space. 3 Beds +2Baths +1 Valet Parking+ Balcony! Fantastic Views, 9' Floor To Ceiling Windows. Wood Floor Throughout. Steps To U of T. Uhn Hospitals, Ryerson U (Toronto Metropolitan U), Financial District, Eaton Center, Queens Park, College Park Shops. World Class 6 stars Building Amenities Include: Top Of The Line Valet Parking, 24hrs concierge, Fitness Centre With Spa, indoor pool, Party Room, Sky Bar & More! **EXTRAS** Purchase Price Included: 1 Valet Parking Right, all existing Appliances, Upgrade Mirror Tv In Master Bath, Freestand Bath Tub, All Elfs' and all customer made Blinds. ***** Great Peace of mind investment opportunity:collect rent since day 1 owns it,no miss any income $$$ of any single day ! *****

Key Info

  • Apartment Other
  • 1 Parking
  • University & Dundas
  • 1200-1399 Approximate Sq Feet
  • 0-5 Years Approximate Age
  • North-East Exposure
  • Open Balcony
  • No Ensuite Laundry
  • No Locker
  • Forced Air Gas Heating
  • Central Air

Property

  • $822 Monthly Condo Fees
  • Includes: Central A/C, Common Elements, Building Insurance, Parking.
  • Excludes: Heat, Hydro, Water, Cable TV
  • Amenities: Concierge, Gym, Media Room, Pool
  • Taxes were $5,184 in 2024
  • Possession: Immediately

Details

  • Brick/Concrete Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • MLS #C11954339
  • RE/MAX WEST VICKY HSU GROUP REALTY

Extras

Room Floor Dimensions Details
1 Kitchen Main 15.58' x 12.30' Centre Island, Built-in Appliances, Modern Kitchen
Washroom1 5-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on Main Floor

Who lives here?

Chinatown, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, business, science, health, education, law & public sector and arts & culture professionals and salespeople. It has a higher than average population of immigrants from China, and Cantonese and Mandarin speakers. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 39.

Created with Highcharts 7.1.2Highcharts.com
BabiesKidsYouthAdultsAdultsSeniors

Families

Kids Per Family

0.7

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  (1.3)

Singles

Created with Highcharts 7.1.2Highcharts.com

67% of residents are
single and loving it.

67% singles

Toronto (50%)
Gta (45%)

Renters

Created with Highcharts 7.1.2Highcharts.com

71% of residents
are renters.

71% renters

Toronto (47%)
Gta (33%)

Education

Created with Highcharts 7.1.2Highcharts.com

64% of residents are
university grads.

64% university grads

Toronto (48%)
Gta (44%)

Income

Average Household Income

$92K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ($135K)

Professions

Professions

Sales 15%
Business 12%
Government 9%
Culture 8%
Sciences 8%

Immigrants

Created with Highcharts 7.1.2Highcharts.com

41% of residents were
born outside of Canada.

41% immigrants

Toronto (48%)
Gta (45%)

Birthplace - All

China was once home to 13.2% of immigrants.
Philippines 3.0%
Hong Kong 2.7%
Vietnam 2.0%
India 1.5%

13.2% from China
All-time

Birthplace - Recent

China was once home to 2.5% of immigrants.
Hong Kong 0.9%
India 0.6%
UK 0.5%
Poland 0.4%

2.5% from China
Recent

Foreign Languages

Foreign Languages

Cantonese 11%
Mandarin 9%
French 2%
Arabic 2%
Chinese 2%

Religions

Religions

Christian 31%
Muslim 7%
Jewish 5%
Buddhist 3%
Hindu 2%

Social Housing

Social Housing Buildings

15

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

2

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)