A rare penthouse suite for sale in downtown Toronto!

Description
$1380000

#TorontoRealEstate #DowntownTorontoCondos #LuxuryCondo #TorontoPenthouse #UniversityAvenue



488 University Ave #5302, Toronto, Ontario, Canada
$1,380,000 | 2 1 | 2 | 1
Approx 1,285 sq ft interior 180 sq ft balcony (builder's floor plan)


Welcome to an exceptional penthouse residence in one of Downtown Toronto's most prestigious landmark luxury buildings, ideally located at University Avenue & Dundas Street.

This stunning 2-bedroom den, 2-bathroom penthouse offers a spacious, intelligent layout, with the versatile den easily functioning as a third bedroom or private office. Expansive 10-foot floor-to-ceiling windows fill the suite with natural light and frame sweeping city views, while a generous 180 sq ft private balcony provides the perfect setting to unwind or entertain above the skyline.

Thoughtfully upgraded throughout, the suite features high-end finishes, elegant wood flooring, and a refined executive aesthetic. The primary bedroom retreat includes a walk-in closet and a spa-inspired 5-piece ensuite, delivering comfort and sophistication at every turn.

This property also presents a rare turn-key investment opportunity, with AAA tenants in place generating $5,500/month, offering immediate rental income from day one. One parking spot is included.

Residents enjoy direct underground subway access and unbeatable proximity to Toronto's most iconic destinations — University of Toronto, UHN hospitals, Toronto Metropolitan University, the Financial District, Eaton Centre Shopping Mall, Queen's Park, and College Park.



The building is celebrated for its hotel-style, world-class amenities, including:
✨ 24-hour concierge & valet parking
✨ State-of-the-art fitness centre with spa
✨ Indoor pool
✨ Party & entertainment spaces
✨ Exclusive sky bar & lounge


A rare opportunity to own a downtown penthouse that seamlessly blends luxury living, location, and investment strength.

Interested in a private showing or more details? Contact Karen Law's team at 647-836-2895
When you call please mention you found this ad listing on OKz.ca

Contact Information

Contact Person:Century 21 Leading Edge Realty Brokerage
Address:Toronto, ON M4E 3J8
City:City of Toronto
Phone:647-836-XXXX (Show)
Asking Price:$1380000

Other Information

Bathrooms:2
Additional Options:Video Walkthrough
Bedrooms:2 Den
For Sale By:Professional

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Century 21 Leading Edge Realty Brokerage

On OKz since February, 2018

647-836-XXXX


Posted on: 08/03/2026 @ 07:35 pm

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