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1 / 0
Price Change$1,588,000

3902 - 488 University Avenue

University, Toronto

$1,450,000

Condo Apartment |
3 | 2 | 1 | 0
About this home

Downtown Living At Its Finest! Incredible Opportunity To Call This Gem Home! Rare-Find Executive Condo In An Award Winning Landmark Building! Premium 3-Bed 2-Bath Corner Unit Surrounded By Floor To Ceiling Windows! Very Bright & Spacious (1042 Sqft Of Interior) Open Concept Layout Plus An Oversized 180 Sqft Balcony! Unobstructed Panoramic Views Of The City, Downtown & Lake Ontario! Modern Kitchen With Luxurious Finishes: Gloss Wood Cabinets, Granite Countertop, Custom Backsplash, And High-End Integrated European Appliances! Engineered Wood Floor Throughout, Smooth 9' Ceiling, Modern Fixtures & Remote Controlled Blinds! Good-Sized Bedrooms All With Closets! Primary Bedroom Features A 5Pc Spa-Like Ensuite With Stand Alone Tub, Glass Standing Shower, Digital Kohler Spray Shower, & W/I Closet With Organizers! Comes With One Exclusive Valet Parking! World-Class 5-Star Amenities Include: Top Of The Line Fitness Centre, Spa, Indoor Pool, Sauna, Jacuzzi, Party Room, Sky Bar. Truly Spectacular!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size1000-1199 sq. ft.
Maintenance Fees$1,040
LockerNone
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$5,867
mls© NumberC13081344
Listed ByREALTY 7 LTD.
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,422
Property tax
$489
Heat allowance
$150
Condo fees, half counted
$520
Housing costs
$8,581 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $290,000
25-yr amortization

Income needed

$264,000

gross annual household income

Payment at 4%
$6,102 / mo
Cash down
$290,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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