Maintenance Fees
The Residences of 488 University Avenue vs The Grange Park Area
for rent
99 Days on Strata
- Est Lease Timeframe:
- 28 Days
5502 - 488 University Ave
$5,000/mth
2 Beds
2 Bath
1 Parking
1,000 - 1,199 SQFT
Price History
- Property Type:
- Condo
- Possession Date:
- Aug 15
- Lease Term:
- 1 Year
- Utilities Included:
- No
- Furnished:
- No
- Outdoor Space:
- Enclosed/Solarium
- Laundry:
- Ensuite
- Locker:
- None
- Exposure:
- East
Amenities
Bike Storage
Concierge
Gym
Indoor Pool
Rec Room
About this Listing
Award Winning "The Residences Of 488 University Avenue", by Amexon Puts You @ The Center Of All That Toronto Boasts & Close To Everywhere You Want To Be & Everything You Want To Do. World-Class Address. Direct Access To St. Patrick Subway. 5 Star Lifestyle Amenities at the prestigious Sky Club. Fully Upgraded exclusive Penthouse Suite with 1 full service valet parking included run by an app. Large 2Bd W/Spectacular East View. Soaring 10' Ceilings, Large Balcony. Marble Kitchen And Bathrooms. Blinds Included. Double sink in primary ensuite. Luxurious Finishes. Closest organizers. Built-In Wine Fridge & Warming Drawer. High End European Built-In Appliances, Freestanding Tub W/ Separate Shower, Kohler Spray Shower W/ Digital Interface. Integrated Fridge & D/W. Wink Systm. Pot Lights In Kitchn. Spa Like Bathrooms.**Possible Rent Free Period** Professionally Managed. A Must See!
ExtrasHeat, Parking, Access to amenities & Building Insurance are included.
condos and castles realty inc.MLS® #C12347031
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Not Included
- Water
- Not Included
- Parking
- Included
- Building Maintenance
- Not Included
- Building Insurance
- Included
- Heating Type
- Fan Coil
- Heat Source
- Electric
- Air Conditioning Type
- Central Air
Dimensions
- Primary
- 0 x 0ft
- 5 Piece Ensuite, East View, Closet Organizers
- Bathroom
- 0 x 0ft
- 5 Piece Ensuite, Double Sink, Marble Floor
- Living
- 0 x 0ft
- East View, Windows Floor to Ceiling, Open Concept
- Dining
- 0 x 0ft
- Combined with Kitchen, Open Concept, Walkout To Balcony
- Kitchen
- 0 x 0ft
- Built-in Appliances, Centre Island, Pot Lights
- Bathroom
- 0 x 0ft
- 3 Piece Bath, Marble Floor
- Other
- 0 x 0ft
- Balcony, East View
- 2nd Bedroom
- 0 x 0ft
- Sliding Doors, Closet
Renter's Market
Balanced
Landlord's Market
Building Spotlight
Similar Listings
Explore Grange Park
Map
9/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
7/10
Bikeability
The bike lane starts to feel like a second home.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
9,011
Average Individual Income
$64,908
Average Household Size
3 persons
Average Age
41
Average Household Income
$107,712
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
44%
Detached
27%
Semi Detached
20%
Low Rise Apartment
4%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
Other
75%
Mandarin
12%
Cantonese
7%
Tagalog
2%
Telugu
1%
Spanish
1%
Hindi
1%
Urdu
1%
Education
University and Above
42%
High School
22%
College
15%
None
13%
Apprenticeship
2%
University Below Batchelor
2%
Major Field of Study
Business Management
28%
Architecture & Engineering
18%
Social Sciences
12%
Health & Related Fields
10%
Math & Computer Sciences
9%
Humanities
5%
Physical Sciences
4%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
2%
Building Trends At The Residences of 488 University Avenue
Days on Strata
Units at The Residences of 488 University Avenue spend an average of
59
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
6%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Grange Park
Turnover of Units
On average, each unit is owned for
6.1
YEARS before being sold againProperty Value
-14%
Decrease in property value within the past twelve months
Price Ranking
3rd
Highest price per SQFT out of 22 condos in the Grange Park area
Sold Units
6
Units were Sold over the past twelve months
Rented Units
127
Units were Rented over the past twelve months
Best Value Rank
The Residences of 488 University Avenue offers the best value out of 22 condos in the Grange Park neighbourhood
?
Appreciation Rank
The Residences of 488 University Avenue has the highest ROI out of 22 condos in the Grange Park neighbourhood
?
Rental Yield
The Residences of 488 University Avenue yields the highest rent prices out of 22 condos in the Grange Park neighbourhood
?
High Demand
The Residences of 488 University Avenue is the most popular building out of 22 condos in the Grange Park neighbourhood
?
Market Insights
Transaction Insights at The Residences of 488 University Avenue
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | $625,000 | $670,000 - $738,888 | No Data | No Data | No Data | No Data |
| Avg. Cost Per Sqft | $1,140 | $1,188 | No Data | No Data | No Data | No Data |
| Price Range | $2,300 - $2,550 | $2,800 - $3,400 | $2,800 - $4,000 | $4,000 - $5,000 | $4,250 - $7,700 | $4,600 - $5,000 |
| Avg. Wait for Unit Availability | 491 Days | 83 Days | 71 Days | 90 Days | 142 Days | 164 Days |
| Avg. Wait for Unit Availability | 31 Days | 9 Days | 10 Days | 20 Days | 45 Days | 47 Days |
| Ratio of Units in Building | 7% | 34% | 28% | 18% | 8% | 8% |
Market Inventory
Total number of units listed and leased in Grange Park
