481 University Condos is a new condo development by experienced developer Davpart Real Estate located at 481 University Ave, Toronto, ON M5G 2P1.
481 University Condos will be a 55 storeys tower with a total of 748 residential suites. located between University and Dundas Street West, step to the St Patrick TTC Subway Station, University of Toronto and five major hospitals.
481 University Condos will be considered an excellent opportunity for investment as its right at the crossroads of three high-density employment areas such as Bay Street Corridor, Hospital District and the Financial District.
Suites in this condominium will be in high demand for the executive tenant.





Fall 2025



  • WalkScore of 99/100: Walker’s Paradise

  • TransitScore of 100/100: Excellent Transit

  • Mixed-use development featuring residential, retail, and commercial

  • Estimated construction costed at $250M

  • Preservation and renewal of integrated 9- and 10-storey heritage buildings

  • Five levels of below-grade parking

  • Future connection to the PATH – downtown Toronto’s underground path system

  • Close access to University of Toronto and Ryerson University

  • Nearby parks include Larry Sefton Park, Butterfield Park and Nathan Phillips Square


481 University's design, led by Mark Berest, will create seamless interaction between street activity and architecture at its ground level. Retail spaces featuring floor-to-ceiling windows will open to a double storey colonnade, which serves to activate the public realm. 

The colonnade’s entry is marked by the relocation of one of Toronto’s treasured public art pieces by Elizabeth Wyn Wood at the corner, which will also serve as a new entrance to St. Patrick station and will widen the pedestrian walkway along Dundas Street.


Details about the suite finishes are still being finalized, but we’re expecting them to be high-end and modern, with balconies that offer panoramic views of the downtown skyline.


At 481 University, you’re steps from an abundance of dining options, from upscale coffee bars to Sushi restaurants to European-style bistros. For all your shopping needs, you’re minutes from the newly-renovated Eaton Centre and the selection of retail that lines Yonge Street. 

This Financial District Condominium also puts you within a quick stroll of some of downtown Toronto’s most eclectic neighbourhoods, such as Chinatown, Kensington Market and Queen Street West. Need your arts and culture fix? Head over to The Art Gallery of Ontario or Dundas Square, which is a major hub for music and cultural festivals all-year-round. 

Proximity to the subway, just down the street, makes getting around the city a breeze, wherever you’re headed.



481 University Avenue has a Walk Score of 99 out of 100. This location is a Walker’s Paradise so daily errands do not require a car. 

481 University Avenue is a one minute walk from the 505 DUNDAS S.C. at the DUNDAS ST WEST AT UNIVERSITY AVE (ST PATRICK STATION) stop. 

This location is in the Bay Street Corridor neighborhood in Toronto. Nearby parks include Larry Sefton Park, Butterfield Park and Nathan Phillips square.

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Davpart Inc. is a full service real estate investment and property management company established in 1993. The Head Office is based out of Toronto, Ontario. Starting initially with three Industrial buildings, Davpart now has a mixed portfolio of over ninety Industrial, Office, Retail and Residential projects concentrated in Ontario and the U.S.

Condobox Team, RE/MAX Realtron Realty Inc.

183 Willowdale Ave. Toronto


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