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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

byCartareal
Size Range
N/A
Storeys
64
Suites
704
Occupancy
2027
Sales Status
Planning Phase
Construction
Pre-Construction

About 505 University Avenue Condos

505 University Avenue Condos is a new condominium development by Cartareal currently in pre-construction located at 505 University Avenue, Toronto in the Discovery District neighbourhood with a 98/100 walk score and a 100/100 transit score. 505 University Avenue Condos is designed by BDP Quadrangle. Development is scheduled to be completed in 2027. The project is 64 storeys tall (212.89m, 698.5ft) and has a total of 704 suites. 505 University Avenue Condos is the #1777 tallest condominium in Toronto and the #48 tallest condominium in Discovery District.

Key Highlights

AI Generated
  • Prime Location — Situated in the highly sought-after Discovery District, 505 University Avenue Condos boasts a remarkable Walk Score of 98 and a perfect Transit Score of 100, ensuring residents have unparalleled access to amenities and public transportation.
  • Impressive Developer Track Record — Developed by Cartareal and designed by BDP Quadrangle, this project benefits from the expertise of a reputable developer and architect known for delivering high-quality residential spaces.
  • Luxurious Amenities — Residents will enjoy a comprehensive suite of amenities including an indoor pool, fitness room, yoga studio, and a children's playroom, catering to a variety of lifestyles and enhancing the living experience.
  • Significant Height and Scale — At 64 storeys tall, 505 University Avenue Condos will be one of the tallest condominiums in the area, offering stunning views and a distinctive presence in the Toronto skyline.
  • Future Occupancy Timeline — With an anticipated occupancy in 2027, buyers have the opportunity to secure a unit in a modern, well-located building that is set to become a landmark in the city.

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

Location & Scores

98
Walk ScoreWalker's Paradise
100
Transit ScoreWalker's Paradise
Open in Google Maps

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June 2026

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Nearby Market

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Floor Plans

No floor plans are currently available for this project.

Nearby Market

Buildings, sales, and listings near 505 University Avenue Condos

Nearby Buildings

488 University Avenue7 active

488 University Avenue

Kensington-Chinatown, Toronto

$699,000 – $1,568,000

~$1171/sqft

426 University Avenue6 active

426 University Avenue

Kensington-Chinatown, Toronto

$433,000 – $728,000

~$868/sqft

55 Ontario Street6 active

55 Ontario Street

Moss Park, Toronto

$679,900 – $929,900

~$940/sqft

238 Simcoe Street2 active

238 Simcoe Street

Kensington-Chinatown, Toronto

$569,000 – $918,000

~$1081/sqft

55 Centre Avenue2 active

55 Centre Avenue

Bay Street Corridor, Toronto

$513,999 – $534,900

~$713/sqft

211 St Patrick Street2 active

211 St Patrick Street

Kensington-Chinatown, Toronto

$819,000 – $839,000

~$763/sqft

Recently Sold & Leased9 nearby transactions

Median $1123/sqft

For Sale & Lease Nearby

488 University Avenue, Unit 4310
For Sale
19d on market

$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 5308
For Lease
4d on market

$5,650/mo

2 Bed · 2 Bath · 900-999 sqft

488 University Avenue, Unit 5308

Kensington-Chinatown, Toronto

PROPERTY.CA INC.

488 University Avenue, Unit 3902
For Sale
25d on market

$1,538,000

3 Bed · 2 Bath · 1000-1199 sqft

488 University Avenue, Unit 3902

University, Toronto

Maintenance: $1,040/mo

REALTY 7 LTD.

488 University Avenue, Unit 2302
For Lease
49d on market

$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 5302
For Sale
2d on market

$1,380,000

2 Bed + Den · 2 Bath · 1200-1399 sqft

488 University Avenue, Unit 5302

Kensington-Chinatown, Toronto

Maintenance: $1,029.43/mo

RE/MAX WEST VICKY HSU GROUP REALTY

488 University Avenue, Unit 2703
For Lease
3d on market

$3,750/mo

2 Bed · 2 Bath · 700-799 sqft

488 University Avenue, Unit 2703

University, Toronto

ROYAL LEPAGE REAL ESTATE SERVICES LTD.

488 University Avenue, Unit 4203
For Sale
2d on market

$878,000

2 Bed · 2 Bath · 700-799 sqft

488 University Avenue, Unit 4203

Kensington-Chinatown, Toronto

Maintenance: $687.83/mo

AIMHOME REALTY INC.

488 University Avenue, Unit 3115
For Lease
29d on market

$3,600/mo

1 Bed + Den · 1 Bath · 700-799 sqft

488 University Avenue, Unit 3115

University, Toronto

RE/MAX PRIME PROPERTIES - UNIQUE GROUP

488 University Avenue, Unit 3901
For Sale
17d on market

$850,000

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 2603
For Lease
14d on market

$3,500/mo

2 Bed · 2 Bath · 700-799 sqft

488 University Avenue, Unit 2603

University, Toronto

CENTURY 21 LANDUNION REALTY INC.

488 University Avenue, Unit 3912
For Sale
3d on market

$709,900

1 Bed + Den · 1 Bath · 600-699 sqft

488 University Avenue, Unit 3912

Kensington-Chinatown, Toronto

Maintenance: $574.28/mo

REAL BROKER ONTARIO LTD.

488 University Avenue, Unit 2603
For Lease
5d on market

$3,500/mo

2 Bed · 2 Bath · 700-799 sqft

488 University Avenue, Unit 2603

Kensington-Chinatown, Toronto

LANDING REALTY INC.

488 University Avenue, Unit 2011
For Sale
10d on market

$699,000

1 Bed + Den · 1 Bath · 600-699 sqft

488 University Avenue, Unit 2011

University, Toronto

Maintenance: $577.08/mo

CONDOS AND CASTLES REALTY INC.

488 University Avenue, Unit 4003
For Lease
30d on market

$3,350/mo

2 Bed · 2 Bath · 700-799 sqft

488 University Avenue, Unit 4003

University, Toronto

CENTURY 21 MYPRO REALTY

488 University Avenue, Unit 4415
For Lease
6d on market

$3,300/mo

1 Bed + Den · 1 Bath · 600-699 sqft

488 University Avenue, Unit 4415

University, Toronto

KW Living Realty

488 University Avenue, Unit 5003
For Lease
2d on market

$3,300/mo

2 Bed · 2 Bath · 700-799 sqft

488 University Avenue, Unit 5003

University, Toronto

AIMHOME REALTY INC.

488 University Avenue, Unit 2308
For Lease
16d on market

$3,200/mo

2 Bed · 2 Bath · 800-899 sqft

488 University Avenue, Unit 2308

Kensington-Chinatown, Toronto

SUTTON GROUP-ADMIRAL REALTY INC.

488 University Avenue, Unit 3912
For Lease
3d on market

$3,100/mo

1 Bed + Den · 1 Bath · 600-699 sqft

488 University Avenue, Unit 3912

Kensington-Chinatown, Toronto

REAL BROKER ONTARIO LTD.

525 University Avenue, Unit R1-2
For Lease
72d on market

$28/mo

2,531 sqft

525 University Avenue, Unit R1-2

Bay Street Corridor, Toronto

REAL BROKER ONTARIO LTD.

480 University Avenue, Unit 1400
For Lease
394d on market

$1/mo

4,980 sqft

480 University Avenue, Unit 1400

University, Toronto

CRESA TORONTO INC.