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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 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.

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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May 2026

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Nearby Market

Finding nearby buildings and listings...

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 Avenue12 active

426 University Avenue

University, Toronto

$433,000 – $728,000

~$873/sqft

488 University Avenue7 active

488 University Avenue

University, Toronto

$699,000 – $1,588,000

~$1159/sqft

55 Centre Avenue3 active

55 Centre Avenue

Bay Street Corridor, Toronto

$534,900 – $560,000

~$747/sqft

55 Ontario Street2 active

55 Ontario Street

Moss Park, Toronto

$689,000 – $849,990

~$1000/sqft

Recently Sold & Leased9 nearby transactions

Median $1123/sqft

For Sale & Lease Nearby

488 University Avenue, Unit 3902
For Sale
5d on market

$1,588,000

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 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 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 4210
For Lease
2d on market

$4,900/mo

2 Bed + Den · 2 Bath · 1000-1199 sqft

488 University Avenue, Unit 4210

University, Toronto

CONDOMAN REALTY INC.

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 3707
For Lease
2d on market

$4,600/mo

2 Bed + Den · 2 Bath · 900-999 sqft

488 University Avenue, Unit 3707

Kensington-Chinatown, Toronto

CONDOMAN REALTY INC.

488 University Avenue, Unit 5302
For Sale
272d on market

$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
For Lease
14d 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 2805
For Sale
38d on market

$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 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 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 3115
For Lease
6d 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 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
For Lease
2d on market

$3,500/mo

2 Bed · 2 Bath · 700-799 sqft

488 University Avenue

University, Toronto

CENTURY 21 LANDUNION REALTY INC.

488 University Avenue, Unit 3408
For Lease
7d on market

$3,495/mo

2 Bed · 2 Bath

488 University Avenue, Unit 3408

Kensington-Chinatown, Toronto

RIGHT AT HOME REALTY

488 NW University Avenue NW, Unit 2008
For Lease
105d on market

$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 2308
For Lease
3d on market

$3,400/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 5003
For Lease
21d on market

$3,400/mo

2 Bed · 2 Bath · 700-799 sqft

488 University Avenue, Unit 5003

University, Toronto

AIMHOME REALTY INC.

488 University Avenue, Unit 4003
For Lease
5d 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 2805
For Lease
47d on market

$3,180/mo

↓ 6% from $3,400

2 Bed · 2 Bath · 700-799 sqft

488 University Avenue, Unit 2805

University, Toronto

BENCHMARK SIGNATURE REALTY INC.

488 University Avenue, Unit 3212
For Lease
6d on market

$3,100/mo

1 Bed + Den · 1 Bath · 700-799 sqft

488 University Avenue, Unit 3212

University, Toronto

RE/MAX PRIME PROPERTIES - UNIQUE GROUP

488 University Avenue, Unit 2715
For Lease
3d on market

$3,000/mo

1 Bed + Den · 1 Bath · 600-699 sqft

488 University Avenue, Unit 2715

University, Toronto

AIMHOME REALTY INC.

488 University Avenue, Unit 4301
For Lease
2d on market

$3,000/mo

2 Bed · 2 Bath · 800-899 sqft

488 University Avenue, Unit 4301

University, Toronto

CENTURY 21 ATRIA REALTY INC.

488 University Avenue, Unit 2509
For Lease
55d on market

$2,500/mo

1 Bed · 1 Bath · 500-599 sqft

488 University Avenue, Unit 2509

Kensington-Chinatown, Toronto

CENTURY 21 NEW CONCEPT

525 University Avenue, Unit R1-2
For Lease
46d 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.