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    1010 - 426 University Avenue

    For RentResidences at RCMI
    $2,800/mth
    1 Bed + 1
    1 Bath
    0 Parking
    663 SQFT
    20 Days on Strata
    Est Lease Timeframe
    18 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    East
    Locker:
    Owned
    Possession Date:
    April 13, 2024
    Lease Term:
    1 Year
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    Yes

    Room Dimensions

    Living
    Open Concept, Combined with Kitchen
    7.55 x 10.43ft
    Dining
    Combined with Kitchen
    5.58 x 6.27ft
    Kitchen
    Open Concept, Walkout To Balcony
    12.21 x 7.15ft

    About this Listing

    This stunning unit is located in the highly sought after Residences at RCMI, with a remarkable view facing University Ave. The unit boasts 9-foot ceilings throughout and features 2 spacious bedrooms, creating a comfortable living space. The kitchen is equipped with stainless steel built-in appliances, granite countertops, and a large island for meal preparation and dining, offering both practicality and elegance. The European-style cabinetry adds a touch of sophistication to the kitchen space. Conveniently located just minutes away from St. Patrick Station, this residence provides easy access to shopping, public transit, hospitals, universities, restaurants, and more, making it an ideal location for modern urban living.

    right at home realtyMLS® #C8233112


    Amenities

    Games Room
    Concierge
    Party Room
    Rec Room
    Indoor Parking
    Gym Room

    Nearby Amenities

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    9,011
    Average Individual Income
    $64,908
    Average Household Size
    3 persons
    Average Age
    41
    Average Household Income
    $107,712
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    44%
    Detached
    27%
    Semi Detached
    20%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    75%
    Mandarin
    12%
    Cantonese
    7%
    Tagalog
    2%
    Telugu
    1%
    Spanish
    1%
    Hindi
    1%
    Urdu
    1%
    Education
    University and Above
    42%
    High School
    22%
    College
    15%
    None
    13%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    18%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    9%
    Humanities
    5%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%

    Days on Strata

    Units at Residences at RCMI spend an average of
    19
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    7.4
    YEARS before being sold again

    Property Value

    5%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 13 condos in the Grange Park area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    51
    Units were Rented over the past twelve months

    Best Value Rank

    Residences at RCMI offers the
    ?
    best value out of 13 condos in the Grange Park neighbourhood

    Appreciation Rank

    Residences at RCMI has the
    ?
    highest ROI out of 13 condos in the Grange Park neighbourhood

    Rental Yield

    Residences at RCMI yields the
    ?
    highest rent prices out of 13 condos in the Grange Park neighbourhood

    High Demand

    Residences at RCMI is the
    ?
    most popular building out of 13 condos in the Grange Park neighbourhood

    Transaction Insights at 426 University Avenue

    1 Bed1 Bed + Den2 Bed
    Price Range$600,000 - $650,000$828,000$825,000
    Avg. Cost Per Sqft$1,221$990$1,081
    Avg. Wait for Unit Availability33 Days60 Days104 Days
    Ratio of Units in Building55%25%21%

    Maintenance Fees

    Residences at RCMI vs The Grange Park Area

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