Maintenance Fees
Residences at RCMI vs The Grange Park Area
1606 - 426 University Ave
$2,2501 bd1 ba0 pk500 sqft
For RentResidences at RCMI
4.0
81 Days on Strata
$2,250/mth
1 Bed
1 Bath
0 Parking
500 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Possession Date:
As Soon As Possible
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Terrace
Furnished:
No
Exposure:
South
Locker:
None
Laundry:
Ensuite
Amenities
Rec Room
Security System
Concierge
Games Room
Party Room
Gym Room
About this Listing
Residence at RCMI on University St. Landmark tower built by renowned builder Tribute. On top of the Royal Canadian Military Institute. Gorgeous south facing sunshine unit, 9ft ceilings. Steps to UofT, St. Patrick Subway Station, College, Etc. Walking distance to theatres, restaurants, Eaton Centre, Financial Centers! Walk score 100! Large balcony overlooking city view and far away Ontario Lake view. Prime DT location with the front entrance on University. Don't miss out on this prime location. **EXTRAS** Appliances: B/I fridge, stove, B/I dishwasher, washer & dryer, all elfs. Excellent amenities: party room, fully equipped fitness room. Car share facilities and an abundant bicycle storage. 24 hr concierge.
keller williams referred urban realtyMLS® #C11927876
Fees & Utilities
Utilities Included
Rent Includes
Heat
Water
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
Gas
Heating
Forced Air
Room Dimensions
Kitchen
Centre Island, Open Concept
13.68 x 8.99ft
Living
Laminate, Window
13.68 x 8.99ft
Dining
Laminate, Combined with Living, Picture Window
13.68 x 6.59ft
Primary
Laminate, Closet
9.38 x 8.92ft
Other
Concrete Floor, South View
16.04 x 4.99ft
Renter's Market
Balanced
Landlord's Market
Similar Listings
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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.
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%
Building Trends At Residences at RCMI
Days on Strata
Units at Residences at RCMI spend an average of
28
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 an
AVERAGEchance 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 againProperty Value
-20%
Decrease in property value within the past twelve months
Price Ranking
8th
Highest price per SQFT out of 18 condos in the Grange Park area
Sold Units
16
Units were Sold over the past twelve months
Rented Units
82
Units were Rented over the past twelve months
Best Value Rank
Residences at RCMI offers the best value out of 18 condos in the Grange Park neighbourhood
?
Appreciation Rank
Residences at RCMI has the highest ROI out of 18 condos in the Grange Park neighbourhood
?
Rental Yield
Residences at RCMI yields the highest rent prices out of 18 condos in the Grange Park neighbourhood
?
High Demand
Residences at RCMI is the most popular building out of 18 condos in the Grange Park neighbourhood
?
Market Insights
Transaction Insights at Residences at RCMI
| 1 Bed | 1 Bed + Den | 2 Bed | |
|---|---|---|---|
| Price Range | $522,000 - $595,000 | $550,000 - $625,700 | $587,000 - $671,888 |
| Avg. Cost Per Sqft | $1,096 | $886 | $926 |
| Price Range | $2,100 - $2,500 | $2,395 - $3,435 | $2,800 - $3,300 |
| Avg. Wait for Unit Availability | 33 Days | 61 Days | 113 Days |
| Avg. Wait for Unit Availability | 10 Days | 26 Days | 25 Days |
| Ratio of Units in Building | 55% | 26% | 20% |
Market Inventory
Total number of units listed and leased in Grange Park
