Century 21 Leading Edge Realty Brokerage
A rare penthouse suite for sale in downtown Toronto!
Description
#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
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
Images:
- Size (sqft): 0
- Ad Type: Offering
Offer:
$
1380000
In stock
2026-06-19
https://ohmy.ca/city-of-toronto/real-estate/houses-for-sale/a-rare-penthouse-suite-for-sale-in-downtown-toronto_1943129.html
Century 21 Leading Edge Realty Brokerage
5/
5customer reviews
Category:
real estate | houses for sale
2026-05-05