426 University Ave, Toronto

Residences at RCMI

15 
For Sale
13 
For Rent
Morgan Lam
Morgan Lam
Sales Representative
Property.ca Inc., Brokerage
Residences at RCMI hero image
+4
473 sqft - 762 sqft
Avg $1,165 per square foot
Built in 2014
42 floors/ 318 units
High-Rise condo

Overview
Formerly The Royal Canadian Military Institute, this notable address was transformed into Toronto condos in 2014 creating the Residences at RCMI, a unique living experience that combines urban sophistication with historical allure.
The building can be found on University Avenue, soaring to 42-storeys of sleek angular glass above the original ground-level façade, restored with two decorative cannons at either side of the entrance. On the inside, there are 318 Toronto condos for sale and for rent, most of which are one-bedroom plus den suites. Layouts and exposures vary from unit to unit, with open concept living areas and kitchens, bright and airy vibes, and large balconies facing north or south. Designed to LEED standards, Residences at RCMI is a testament to green living at its finest. This area is also home to some of the city’s finest art galleries, including the Art Gallery of Ontario, Ontario College of Art and Design, and Village by the Grange.

Most Notable Features
Historical appeal: Unlike most other downtown Toronto condos, Residences at RCMI has the distinction of material history. When you look at your condo you can see into the past. The original building was constructed in 1907 as a library, museum, and private club dedicated to Canada’s military history. Although the suites enjoy fully modern finishes, the building still offers an inspiring sense of the past for the discerning homeowner.
Central location: Located right on University Avenue, homeowners at Residences at RCMI will love the prime downtown locale, just steps from St. Patrick subway station on the Yonge-University line. Within walking distance to Bloor Street and Yorkville, Yonge Street and the Eaton Centre, plus Queen Street West and Toronto’s Entertainment District, residents here are right in the thick of it.
Smart amenities: Residences at RCMI boasts an smart array of amenities, including a fully equipped fitness facility for a healthy lifestyle, plus convenient bicycle storage for urban cyclists, and a car share facility for residents to combine their commutes and help save the environment.

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1
Concierge
1
Public Transit
1
Bike Storage
1
Elevator
1
Parking Garage
1
Pet Restriction
1
Rec Room
1
Security Guard

Included in Maintenance Fees

1
Air Conditioning
1
Common Element
1
Heat
1
Building Insurance
1
Water
Corp
TSCC-2375
Date Registered
May 5, 2014
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94
th
Price Per Sqft Rank: 94th

Highest price per sqft out of 459 condos in Downtown

+
2.9
%
condo Values : +2.9%

Year over year change in values at 426 University Ave, Toronto

$
1166
/sqft
Avg. Price per Sqft : $1166/sqft

Based on 7 recent sales at 426 University Ave, Toronto

$
4.51
/sqft
Avg. Rent Price per Sqft : $4.51/sqft

Based on 47 recent rentals at 426 University Ave, Toronto

-
1.3
%
Area Comparison : -1.3%

Less expensive than Grange Park condos for sale

21
days
Avg. days on Market : 21 days

At the Residences at RCMI

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Morgan Lam
Morgan Lam
Sales Representative
Property.ca Inc., Brokerage

About 426 University Ave, Toronto

For groceries there is The Market By Longo's which is only a 3 minute walk.


With University Avenue on the doorstep, Residences at RCMI enjoys easy travel options, whether on foot or TTC, with St Patrick Station just steps away. For drivers, the area is car-friendly with the Gardner Expressway accessed via York Street.