1705 - 426 University Ave
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$438/mth
Taxes:
$2,400 (2024)
Cost Per Sqft:
$1,229/sqft
Locker:
None
Outdoor Space:
Balcony
Exposure:
South
Possession Date:
October 19, 2024
Laundry:
Ensuite
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Heat
Air Conditioning
Water
Building Maintenance
Building Insurance
Excluded
Hydro
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Living
Laminate, Combined with Dining, Walkout To Balcony
13.55 x 8.53ft
Dining
Laminate, Combined with Living, Open Concept
13.55 x 8.53ft
Kitchen
Laminate, Centre Island, Stainless Steel Appliances
13.55 x 6.07ft
About this Listing
Luxury condo built above Historical site Royal Canadian Military Institute Office by Tribute. Located at the heart of downtown Toronto (University Ave./Dundas St). Functional Floor Plan With 9Ft Smooth Ceilings & Floor To Ceiling Windows. Modern open concept kitchen w/large centre island, built-in appliances and back splash. Steps To St. Patrick Subway, Restaurants, Financial District, U Of T, Ocad, Hospitals And Queens Park.
ExtrasBuilt-in fridge, cook-top & bottom oven, microwave, dishwasher, stacked front load washer & dryer.
first class realty inc.MLS® #C9417917
Amenities
Concierge
Party Room
Rec Room
Security System
Games Room
Gym Room
Explore Neighbourhood
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.
Similar Listings
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
Maintenance Fees
Residences at RCMI vs The Grange Park Area
Building Trends At Residences at RCMI
Days on Strata
Units at Residences at RCMI spend an average of
31
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Grange Park
Turnover of Units
On average, each unit is owned for
7.8
YEARS before being sold againProperty Value
-14%
Decrease in property value within the past twelve months
Price Ranking
6th
Highest price per SQFT out of 16 condos in the Grange Park area
Sold Units
11
Units were Sold over the past twelve months
Rented Units
78
Units were Rented over the past twelve months
Best Value Rank
Residences at RCMI offers the best value out of 16 condos in the Grange Park neighbourhood
?
Appreciation Rank
Residences at RCMI has the highest ROI out of 16 condos in the Grange Park neighbourhood
?
Rental Yield
Residences at RCMI yields the highest rent prices out of 16 condos in the Grange Park neighbourhood
?
High Demand
Residences at RCMI is the most popular building out of 16 condos in the Grange Park neighbourhood
?
Transaction Insights at 426 University Avenue
| 1 Bed | 1 Bed + Den | 2 Bed | |
|---|---|---|---|
| Price Range | $522,000 - $600,000 | $550,000 - $592,500 | $587,000 |
| Avg. Cost Per Sqft | $1,099 | $881 | $882 |
| Price Range | $2,100 - $2,500 | $2,395 - $3,435 | $2,800 - $3,300 |
| Avg. Wait for Unit Availability | 32 Days | 56 Days | 149 Days |
| Avg. Wait for Unit Availability | 10 Days | 26 Days | 26 Days |
| Ratio of Units in Building | 55% | 28% | 19% |
Transactions vs Inventory
Total number of units listed and sold in Grange Park
