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    1. 426 University Ave, unit 1601 for sale - image #1
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    1601 - 426 University Avenue

    Grange Park, Downtown, Toronto
    For SaleResidences at RCMI
    $789,000
    1 Bed + 1
    1 Bath
    0 Parking
    714 SQFT
    71 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $1,105/sqft
    Maintenance Fees:
    $624/mth
    Taxes:
    $3,211 (2023)
    Locker:
    None
    Outdoor Space:
    Juliet Balcony
    Exposure:
    West
    Possession Date:
    90
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Unit Details

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

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Step into urban elegance at R.C.M.I Condo by Tribute! This stunning 1+1 den, perfect as a second bedroom, boasts light-filled spaces and soaring ceilings. With the subway right outside and unbeatable scores of 98 Walk/Bike and 100 Transit, city living is a breeze. Explore nearby gems like U of T and hospitals. Relax and enjoy stunning west-view sunsets from your balcony, plus indulge in top-tier amenities, including a 24hr concierge. Your dream lifestyle awaits in Toronto's vibrant Financial/Entertainment District - seize it now!

    ExtrasFridge, Stove, Dishwasher, Washer, Dryer, All Existing Light Fixtures, All Existing Window Coverings.

    superstars realty ltd.MLS® #C8086362

    Amenities

    Rec Room
    Concierge
    Gym Room
    Indoor Parking
    Games Room
    Party 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%

    Price Trends

    Building Trends At Residences at RCMI

    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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