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Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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505 University Avenue

Discovery District, Toronto

505 University Avenue Condos

Size Range

N/A

Storeys

64

Suites

704

Occupancy

2027

Sales Status

Planning Phase

Construction

Pre-Construction

About 505 University Avenue Condos

is a new condominium development by located at , in the neighbourhood.

Key Highlights

AI Generated

Prime Location — Situated in Toronto's Discovery District, 505 University Avenue Condos boasts a Walk Score of 98 and a Transit Score of 100, ensuring residents have unparalleled access to public transit and urban amenities.
Exceptional Amenities — This 64-storey development features a comprehensive suite of amenities, including an indoor pool, fitness room, yoga studio, and a dedicated children's playroom, catering to a diverse range of lifestyles.
Developer Reputation — Developed by Cartareal, known for their commitment to quality and innovation in urban living, ensuring a reliable investment in a well-designed and thoughtfully planned community.
Investment Potential — With 704 total suites and a planned occupancy in 2027, this project presents an opportunity for early investment in a high-demand area, promising potential appreciation as the city continues to grow.
Sustainable Features — The inclusion of EV charging stations and bike repair facilities highlights a commitment to sustainability and modern living, appealing to environmentally conscious buyers.

Unit Breakdown

No unit breakdown available.

Amenities & Finishes

Building Amenities

Indoor Theater

Fitness Room

Indoor Pool

Lobby

Kitchen

EV Charging

Bike Repair Station

Yoga Studio

Outdoor Play Area

Children's Play Room

Party Room

Steam and Sauna Room

Study Lounge

Bike Parking

Book a Consultation

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April 2026

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Nearby Market

Finding nearby buildings and listings...

Location & Scores

98

Walk ScoreWalker's Paradise

100

Transit ScoreWalker's Paradise

Open in Google Maps

Floor Plans

No floor plans are currently available for this project.

Nearby Market

Buildings, sales, and listings near 505 University Avenue Condos

Nearby Buildings

426 University Avenue

11 active

426 University Avenue

University, Toronto

$438,000 – $728,000

~$882/sqft

488 University Avenue

5 active

488 University Avenue

Kensington-Chinatown, Toronto

$868,888 – $1,568,000

~$1159/sqft

55 Centre Avenue

3 active

55 Centre Avenue

Bay Street Corridor, Toronto

$534,900 – $560,000

~$747/sqft

238 Simcoe Street

2 active

238 Simcoe Street

Kensington-Chinatown, Toronto

$569,000 – $888,000

~$875/sqft

Recently Sold & Leased9 nearby transactions

Median $1123/sqft

For Sale & Lease Nearby

488 University Avenue, Unit 4310

$1,568,000

2 Bed + Den · 2 Bath · 1000-1199 sqft

488 University Avenue, Unit 4310

University, Toronto

Maintenance: $960.69/mo

RE/MAX CROSSROADS REALTY INC.

488 University Avenue, Unit 2916

$5,500/mo

3 Bed + Den · 2 Bath · 1000-1199 sqft

488 University Avenue, Unit 2916

University, Toronto

RE/MAX PRIME PROPERTIES - UNIQUE GROUP

488 University Avenue, Unit 5302

$1,380,000

2 Bed + Den · 2 Bath · 1200-1399 sqft

488 University Avenue, Unit 5302

Kensington-Chinatown, Toronto

Maintenance: $988.38/mo

RE/MAX WEST VICKY HSU GROUP REALTY

488 University Avenue, Unit 2302

$4,500/mo

3 Bed · 2 Bath · 1000-1199 sqft

488 University Avenue, Unit 2302

University, Toronto

Royal Lepage Real Estate Associates

488 University Avenue, Unit 3901

$890,000

2 Bed · 2 Bath · 600-699 sqft

488 University Avenue, Unit 3901

Kensington-Chinatown, Toronto

Maintenance: $641.3/mo

SUTTON GROUP KINGS CROSS INC.

488 University Avenue, Unit 4503

$3,400/mo

2 Bed · 2 Bath · 700-799 sqft

488 University Avenue, Unit 4503

University, Toronto

HOMELIFE NEW WORLD REALTY INC.

488 University Avenue, Unit 2805

$868,888

2 Bed · 2 Bath · 700-799 sqft

488 University Avenue, Unit 2805

University, Toronto

Maintenance: $657.74/mo

BENCHMARK SIGNATURE REALTY INC.

488 NW University Avenue NW, Unit 2008

$3,400/mo

2 Bed · 2 Bath · 800-899 sqft

488 NW University Avenue NW, Unit 2008

Kensington-Chinatown, Toronto

HOMELIFE SUPERSTARS REAL ESTATE LIMITED

488 University Avenue, Unit 5003

$3,400/mo

2 Bed · 2 Bath · 700-799 sqft

488 University Avenue, Unit 5003

University, Toronto

AIMHOME REALTY INC.

488 University Avenue, Unit 2805

$3,400/mo

2 Bed · 2 Bath · 700-799 sqft

488 University Avenue, Unit 2805

University, Toronto

BENCHMARK SIGNATURE REALTY INC.

488 University Avenue, Unit 3809

$2,300/mo

1 Bed · 1 Bath · 500-599 sqft

488 University Avenue, Unit 3809

Kensington-Chinatown, Toronto

ROYAL LEPAGE CERTIFIED REALTY

488 University Avenue, Unit 4509

$2,250/mo

1 Bed · 1 Bath · 500-599 sqft

488 University Avenue, Unit 4509

Kensington-Chinatown, Toronto

NU STREAM REALTY (TORONTO) INC.

488 University Avenue, Unit 4109

$2,250/mo

1 Bed · 1 Bath · 500-599 sqft

488 University Avenue, Unit 4109

Kensington-Chinatown, Toronto

CENTURY 21 KENNECT REALTY

525 University Avenue, Unit R1-2

$28/mo

2,531 sqft

525 University Avenue, Unit R1-2

Bay Street Corridor, Toronto

REAL BROKER ONTARIO LTD.

480 University Avenue, Unit 1400

$1/mo

4,980 sqft

480 University Avenue, Unit 1400

University, Toronto

CRESA TORONTO INC.