Amexon introduces The Residences of 488 University Avenue, a 55-storey tower in downtown Toronto

Toronto’s University Avenue has undergone quite the transformation in the last decade, so much so that it’s hard to keep up with the number of cultural venues, luxury hotels and fine-dining restaurants that have since sprouted.

Another one of the area’s major draws? The distinct residential developments that now pepper the area. One project garnering the most interest as of late is The Residences of 488 University Avenue, a sleek 55-storey tower that will be clad in glass and steel and anchored by a street-level podium and 50-foot atrium.

Amexon Development will soon bring the luxury tower to the heart of the city at the northwest corner of University Avenue and Dundas Street. Once complete, the smartly-designed atrium will house a retail space, signature restaurant and stylish lobby.

Considering the above conveniences located at the condo’s entrance, it’s no surprise the lifestyle amenities will be in a league of their own (and worth taking advantage of, pronto). The project will boast a 30,000-square-foot fitness centre, resort-style spa with both indoor and outdoor pools, a squash court, yoga studio, screening room, sun deck and more.

Whether you’re on the hunt for a one-bedroom suite or a spacious three-bedroom, each will be outfitted with floor-to-ceiling windows, large terraces, modern kitchens with custom cabinetry, stainless steel appliances and even automated systems to control temperature, lighting and multimedia devices.

Big on going green? So is the developer. Residents will save on their energy bills thanks to Low E windows, programmable thermostats and solar panels. Did we mention the electric car charge stations and car-share service?

In terms of its surroundings, The Residences of 488 University Avenue will neighbour Queen’s Park and will sit near the Four Seasons Centre for the Performing Arts, the Art Gallery of Ontario and the 65-storey Shangri-La Hotel.