488 University Ave
1 / 37
MLS Restricted Listing
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Listing History
Unit Highlights
MLS Restricted Listing
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Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Heat
Air Conditioning
Building Insurance
Excluded
Hydro
Water
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Amenities
Media Room
Rooftop Deck
Outdoor Pool
Bike Storage
Squash Court
Games Room
Explore Neighbourhood
9/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
7/10
Bikeability
The bike lane starts to feel like a second home.
Similar Listings
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
9,011
Average Individual Income
$64,908
Average Household Size
3 persons
Average Age
41
Average Household Income
$107,712
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
44%
Detached
27%
Semi Detached
20%
Low Rise Apartment
4%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
Other
75%
Mandarin
12%
Cantonese
7%
Tagalog
2%
Telugu
1%
Spanish
1%
Hindi
1%
Urdu
1%
Education
University and Above
42%
High School
22%
College
15%
None
13%
Apprenticeship
2%
University Below Batchelor
2%
Major Field of Study
Business Management
28%
Architecture & Engineering
18%
Social Sciences
12%
Health & Related Fields
10%
Math & Computer Sciences
9%
Humanities
5%
Physical Sciences
4%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
2%
Price Trends
Maintenance Fees
The Residences of 488 University Avenue vs The Grange Park Area
Building Trends At The Residences of 488 University Avenue
Days on Strata
Units at The Residences of 488 University Avenue spend an average of
39
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
5%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Grange Park
Turnover of Units
On average, each unit is owned for
5.8
YEARS before being sold againProperty Value
-14%
Decrease in property value within the past twelve months
Price Ranking
2nd
Highest price per SQFT out of 14 condos in the Grange Park area
Sold Units
6
Units were Sold over the past twelve months
Rented Units
96
Units were Rented over the past twelve months
Best Value Rank
The Residences of 488 University Avenue offers the best value out of 14 condos in the Grange Park neighbourhood
?
Appreciation Rank
The Residences of 488 University Avenue has the highest ROI out of 14 condos in the Grange Park neighbourhood
?
Rental Yield
The Residences of 488 University Avenue yields the highest rent prices out of 14 condos in the Grange Park neighbourhood
?
High Demand
The Residences of 488 University Avenue is the most popular building out of 14 condos in the Grange Park neighbourhood
?
Transaction Insights at 488 University Avenue
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $840,000 | $929,000 - $978,000 | No Data | $1,418,988 | $1,475,000 |
| Avg. Cost Per Sqft | No Data | $1,280 | $1,318 | No Data | $1,282 | $1,346 |
| Price Range | $2,500 - $2,800 | $2,950 - $3,860 | $3,350 - $5,600 | $3,850 - $5,850 | $4,950 - $7,750 | $4,900 - $6,000 |
| Avg. Wait for Unit Availability | 258 Days | 80 Days | 71 Days | 83 Days | 156 Days | 172 Days |
| Avg. Wait for Unit Availability | 31 Days | 9 Days | 10 Days | 20 Days | 49 Days | 50 Days |
| Ratio of Units in Building | 8% | 34% | 28% | 18% | 8% | 8% |
Transactions vs Inventory
Total number of units listed and sold in Grange Park
