The Residences of 488 University Avenue

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High-rise condos in Toronto

488 University Avenue, Toronto, ON

Welcome to the only address that mirrors the splendour of the world’s greatest avenues!

480 University Avenue, once the location of an office building, was repurposed to serve as the foundation for The Residences of 488 University Avenue. The construction was finished in 2019.

This mixed-use condominium was built by Amexon Development, a known leader in the residential development industry for over 35 years, located at 488 University Avenue, Toronto, ON. The development team includes renowned CORE architects and the visionary and creative eyes of II BY IV Design brought exquisite attention to detail—a thrilling design.

This 55-story structure, rising above a spectacular glass podium on one of Toronto’s oldest and grandest boulevards, will remain a hallmark of the Kensington-Chinatown district for decades to come.

Amenities

Est. Maintenance $0.54 / sq ft / month
Est. Property tax 0.73% of the price / year

Total Min. Deposit 21%
Deposit Notes
$5000 with agreement Balance to 2.5% in 15 days 2.5% in 30 days 5% in 120 days 5% in 365 days 5% in 540 days 1% on occupancy

Highlights

Located in the Kensington-Chinatown neighbourhood of Toronto,
2 minutes away from St. Patrick Station
Easy access to Don Valley Parkway
A 6-minute drive away from the University of Toronto
Close to shops, restaurants, and services
A short walk away from the Toronto Eaton Centre
Nearby parks include Grange Park, Breadalbane Park, and Alexander Park.
Each suite's design elements include Art Deco-inspired aesthetics in rich tones and textures, providing an expansive sense of
Opulent finishes

Floor Plans

All
1 Bed
2 Bed
3 Bed

1.5 Bed

2 Bed

3 Bed

Neighborhood

What defines this location is what defines Toronto: sleek, energetic, and charming. The Residences at 488 University Avenue Condos by Amexon Development are now completed and located in Toronto’s neighbourhood, with a 99/100 walk score and a 100/100 transit score. Residents are only a few feet away from public transportation, major thoroughfares, parks, restaurants, entertainment, stylish shops, banks, pubs, schools, grocery stores, and lively nightlife.

With a condo at 488 University Avenue, you’ll never be bored; you can go to the Eaton Centre and shop throughout the day or enjoy a drink at a bar on Dundas Street, such as the Village Idiot Pub, which is only minutes away. To the east, Massey Hall and the Phoenix Concert Theatre are located. And for sports aficionados, Scotiabank Arena and the Rogers Centre are only a short distance away. Furthermore, for outdoor enthusiasts, there is lots of green space and parkland in the region. Families may enjoy the nearby parks and recreational possibilities such as Grange Park, Breadalbane Park, and Alexander Park, which are all excellent places to spend time with family.

Transportation

The region boasts a variety of public transport modes, which is why it achieved a flawless transit score. For individuals who prefer public transit to move about the region and beyond, there is TTC service, streetcars on Dundas, buses on University, and St. Patrick’s Station is 2 minutes away for subway lines.

Motorists may access the Don Valley Parkway by going north on University, then east on Bloor to the Danforth on the ramp. For quick access to the Gardiner Expressway, head from University South to York Street.

Education

Access to high-quality schools is one of the most important neighbourhood features for families. Because The Residences at 488 University Avenue are close to well-regarded private and public schools in the neighbourhood, such as Orde Street Junior Public School, The YMCA Academy, New Heights Academy, and others, it gives you confidence in your children’s education and future.

For post-secondary students, the world-renowned University of Toronto is only a 6-minute drive away, making this property perfect for off-campus living.

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Developer

Amexon administers a portfolio of residential, commercial, retail, and industrial assets. They are pleased to be one of Toronto’s biggest developers of suburban office buildings. Amexon has been building high-quality commercial and residential complexes for more than 35 years.

Amexon is honored to be one of the biggest developers of suburban office buildings in Toronto. They are highly qualified leasing consultants that examine each tenant’s unique needs in order to expedite each office transfer, from the first contact through the physical relocation. Their interior design team provides potential tenants with the ability to capture ideas and continually modify space designs to develop a durable working atmosphere. Constant oversight of the design and building process provides a finished result that boosts the tenant’s professional image and creates a welcoming working environment. They keep an eye on the building process all the time, and their years of experience in construction make sure that turnkey projects are cost-effective.