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    for sale
    64 Days on Strata

    3909 - 426 University Ave

    Residences at RCMI4.0
    $508,000
    1 Bed + 1
    1 Bath
    0 Parking
    579 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Maintenance Fees:
    $504/mth
    Taxes:
    $2,825 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $877/sqft
    Outdoor Space:
    Juliet Balcony
    Locker:
    None
    Possession Date:
    Now
    Exposure:
    South

    Amenities

    Concierge
    Gym
    Elevator
    Party Room

    About this Listing

    Welcome to Residences at RCMI! Great Location! Located in the heart of Downtown Toronto. Great Investment Opportunity with Stable Rental Income (currently vacant)! Floor-to ceiling windows, 9 foot high ceilings, newly renovated laminate flooring. With a 99 Walk Score and 100 Transit Score, the St. Patricks Subway Station is at your doorstep. Minutes away from renowned universities (UofT, TMU, OCAD) and the Financial and Entertainment Districts, Nathan's Phillip Square, Toronto Eaton Centre, Kensington Market, and Chinatown. Conveniently located close to Mount Sinai and Toronto General Hospitals. Unbeatable Location, Safe and Quiet Neighborhood, and Gorgeous Unit! Come take a look!

    ExtrasFridge, Stove, Washer, Dryer, Dishwasher, Light Fixtures

    homelife new world realty inc.MLS® #C12415786

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Not Included
    Building Maintenance
    Not Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Living
    8.66 x 16.01ft
    Laminate, Open Concept, Balcony
    Kitchen
    6.17 x 16.01ft
    Granite Counter, Centre Island, Built-in Appliances
    Bedroom
    9.58 x 8.99ft
    Laminate, Sliding Doors, carpet free
    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore Grange Park

    Map

    © OpenStreetMap
    map of location
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    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.

    Mortgage Calculator

    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
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    30%
    35 - 49
    20%
    50 - 64
    18%
    65+
    15%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    25%
    $60,000+
    15%
    $90,000+
    10%
    $125,000+
    4%
    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%

    Building Trends At Residences at RCMI

    Days on Strata

    Units at Residences at RCMI spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Grange Park

    Turnover of Units

    On average, each unit is owned for
    8
    YEARS before being sold again

    Property Value

    -18%
    Decrease in property value within the past twelve months

    Price Ranking

    9th
    Highest price per SQFT out of 22 condos in the Grange Park area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    84
    Units were Rented over the past twelve months

    Best Value Rank

    Residences at RCMI offers the
    ?
    best value out of 22 condos in the Grange Park neighbourhood

    Appreciation Rank

    Residences at RCMI has the
    ?
    highest ROI out of 22 condos in the Grange Park neighbourhood

    Rental Yield

    Residences at RCMI yields the
    ?
    highest rent prices out of 22 condos in the Grange Park neighbourhood

    High Demand

    Residences at RCMI is the
    ?
    most popular building out of 22 condos in the Grange Park neighbourhood

    Market Insights

    Transaction Insights at Residences at RCMI

    1 Bed1 Bed + Den2 Bed
    Price RangeNo Data$560,000 - $657,000$587,000 - $671,888
    Avg. Cost Per SqftNo Data$874$926
    Avg. Wait for Unit Availability37 Days67 Days116 Days
    Ratio of Units in Building55%25%20%

    Market Inventory

    Total number of units listed and sold in Grange Park