Maintenance Fees
Residences at RCMI vs The Grange Park Area
3909 - 426 University Ave
$580,0001 bd1 ba0 pk500 - 599 sqft
For SaleResidences at RCMI
4.0
14 Days on Strata
$580,000
1 Bed
1 Bath
0 Parking
500 - 599 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$504/mth
Taxes:
$2,825 (2024)
Cost Per Sqft:
$968 - $1,160/sqft
Outdoor Space:
Juliet Balcony
Locker:
None
Exposure:
South
Possession Date:
Tenant occupied 60 days notice
Amenities
Rec Room
Security System
Concierge
Games Room
Party Room
Gym Room
About this Listing
Welcome to Residences at RCMI! Located in the heart of Downtown Toronto. Great Investment Opportunity with Stable Rental Income with Long-Term and Respectful Tenant (4+ years lease)! Floor-to ceiling windows, 9 foot high ceilings, newly renovated laminate flooring, and Corian countertops. 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® #C12049238
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate, Open Concept, Balcony
8.66 x 16.01ft
Kitchen
Granite Counter, Centre Island, Built-in Appliances
6.17 x 16.01ft
Bedroom
Laminate, Sliding Doors
9.58 x 8.99ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore Grange Park
Commute Calculator
Loading...
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
