488 University Ave

488 University Ave is a 39-storey high-rise apartment condominium in Toronto's Kensington-Chinatown neighbourhood, completed in 2012. The building contains approximately 650-square-foot units on average, with recent sales around $685,000 and monthly condo fees averaging roughly $0.82 per square foot, which cover heat and building insurance. Located steps from the University and Dundas rapid-transit station and surrounded by hundreds of restaurants, cafes, groceries, and parks, the property offers excellent downtown convenience. Before committing to purchase, retain a lawyer or professional to review the status certificate, reserve fund study, financial statements, board minutes, and by-laws to confirm the building's financial health and governance.