Looking for a penthouse downtown? Discover the ultimate in urban luxury with stunning skyline views, private outdoor terraces, and designer interiors. These top-floor residences offer unmatched exclusivity, spacious layouts, and high-end finishes—perfect for professionals, investors, or anyone ready to live above it all.
5302 488 University Avenue
Toronto
M5G 0C1
$1,380,000
Residential Condo & Other
beds: 2+1
baths: 2.0
- Status:
- Active
- Prop. Type:
- Residential Condo & Other
- MLS® Num:
- C13064530
- Bedrooms:
- 2+1
- Bathrooms:
- 2
- Photos (34)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
- Property Type:
- Residential Condo & Other
- Property Sub Type:
- Condo Apartment
- Home Style:
- Apartment
- Approx. Age:
- 0-5
- Total Approx Floor Area:
- 1200-1399
- Exposure:
- East
- Bedrooms:
- 2+1
- Bathrooms:
- 2.0
- Kitchens:
- 1
- Bedrooms Above Grade:
- 2
- Bedrooms Below Grade:
- 1
- Kitchens Above Grade:
- 1
- Rooms Above Grade:
- 6
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Storey:
- 36
- Balcony:
- Open
- Basement:
- None
- Fireplace/Stove:
- No
- Garage:
- Underground
- Garage Spaces:
- 1.0
- Parking Features:
- Underground
- Parking Type:
- Exclusive
- Parking Spaces:
- 1
- Total Parking Spaces:
- 1.0
- Locker:
- None
- Family Room:
- No
- Possession Details:
- Vacant
- HST Applicable To Sale Price:
- Included In
- Maintenance Fee:
- $1,029.43
- Maintenance fees include:
- CAC Included, Common Elements Included, Building Insurance Included
- Taxes:
- $8,018.4 / 2026
- Assessment:
- $- / -
- Toronto
- Toronto C01
- Kensington-Chinatown
- Arts Centre, Clear View, Hospital, Park, Public Transit, School
- Other
- Yes-with Restrictions
- Prime Location Luxury Landmark Building with 6 Starts building Amenities! Price Included: 1 Valet Parking , Ensuite Laundry, High-End Appliances, Upgraded B/I Coffee Machine/Wine Fridge. Mirrored Tv in the master bathroom, Free Stand Bath Tub & Separate Shower Room. & Custom Made Window Blinds & ALL ELF's.
- Brick, Concrete
- Concierge, Exercise Room, Gym, Indoor Pool, Media Room, Party Room/Meeting Room
- Special Designation:
- Unknown
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Laundry Access:
- Ensuite
- Condo Corporation Number:
- 2770
- Property Management Company:
- Duka Property Management
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- Listings on market:
- 63
- Avg list price:
- $613,000
- Min list price:
- $389,000
- Max list price:
- $1,798,888
- Avg days on market:
- 48
- Min days on market:
- 1
- Max days on market:
- 221
- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
Explore the Best Downtown Penthouses for Sale
Toronto’s downtown core features a variety of spectacular penthouses that redefine city living:
- Expansive layouts with floor-to-ceiling windows
- Private terraces, rooftop patios, or wraparound balconies
- Custom kitchens, spa-like bathrooms, and luxury appliances
- Prestigious buildings with 24/7 concierge, pools, gyms, and valet service
Why Choose a Downtown Penthouse?
Penthouse living blends privacy with prestige. You’ll enjoy a peaceful escape above the city while staying steps from business hubs, entertainment, shopping, and fine dining. Whether you’re seeking long-term value or a modern lifestyle, downtown penthouses check every box.
Maximizing Exposure for Your Downtown Toronto Penthouse
If you’re selling a penthouse in Downtown Toronto, our platform offers exceptional exposure to a targeted audience of potential buyers. We utilize advanced marketing techniques to highlight the key features and benefits of your luxury property, ensuring it stands out in the market. Our goal is to connect you with interested buyers efficiently, facilitating successful and profitable transactions.
Start Your Search Today
Browse our exclusive listings of downtown penthouses and let our real estate experts guide you to your dream top-floor residence. Whether you’re buying for lifestyle or investment, there’s a penthouse waiting for you.
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Each link provides updated listings and expert insights.
FAQs – Penthouse Downtown
1. What defines a penthouse in downtown Toronto?
A penthouse is typically the highest-floor unit in a condo, offering expansive layouts, premium features, and unmatched views.
2. Are downtown penthouses a good investment?
Yes, they retain strong value due to their scarcity, location, and luxury appeal—making them ideal for long-term appreciation.
3. Can I find a penthouse with outdoor space?
Many come with large private terraces or balconies, perfect for entertaining or relaxing above the city skyline.
4. What amenities do penthouse buildings offer?
Expect premium services such as concierge, fitness centres, rooftop lounges, pools, and private elevators in many luxury buildings.
5. Are downtown penthouses family-friendly?
Yes, several units offer 2+ bedrooms, large living areas, and secure buildings close to schools and parks.