Maintenance Fees
Residences at RCMI vs The Grange Park Area
3201 - 426 University Ave
$624,8001 bd1 ba0 pk750 sqft
For SaleResidences at RCMI
4.0
12 Days on Strata
$624,800
1 Bed + 1
1 Bath
0 Parking
750 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$643/mth
Taxes:
$3,541 (2024)
Cost Per Sqft:
$833/sqft
Outdoor Space:
Juliet Balcony
Locker:
None
Exposure:
West
Possession Date:
Flexible
Amenities
Rec Room
Security System
Concierge
Games Room
Party Room
Gym Room
About this Listing
740SQFT W/Great View!!! Welcome to the Residences At RCMI by Tribute Communities. Great Opportunity for Both Investors and Individuals looking for Vibrant City Living. Stunning One plus One in the Heart of Downtown with Unobstructed view and tons of natural light. Huge Den that can be used as a Second BR or Office for the Work from Home. Floor to Ceiling Window, Granite countertops. Versatile Large Island that can be used for Both Entertaining guests or as Breakfast Bar. Tons of Closet Space. Walking Distance to TTC - St. Patrick and Union Station, U of T, TMU, OCAD, Osgoode Hall, Eaton Centre, Restaurants, Major Hospitals, Financial District, Entertainment District, Scotiabank Arena, Rogers Centre, Ripley's Aquarium, Queen's Park. This complex has an on-site mgmt. office, 24 hr security. The unit is unfurnished and Empty . The furniture shown in the photos has been removed.
ExtrasAll B/I Appliances: Fridge, Cook Top Stove W/ Built-In Oven, Dishwasher. Microwave and Stacked Washer and Dryer. All Window Blinds & All Elf's.
jdl realty inc.MLS® #C12043604
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate, Windows Floor to Ceiling, Combined with Dining
12.01 x 9.84ft
Dining
Laminate, Open Concept, Combined with Living
12.01 x 9.84ft
Kitchen
Backsplash, Built-in Appliances, Centre Island
7.68 x 10.34ft
Primary
Laminate, Sliding Doors, Led Lighting
10.34 x 10.01ft
Den
Laminate, Sliding Doors, Led Lighting
10.07 x 7.91ft
Buyer's Market
Balanced
Seller'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 sold in Grange Park
