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Unit PH101 at Residences at RCMI

Sold

426 University Avenue PH101, Toronto C01, ON M5G 1S9

MLS #C12947432

$490,000

Sold on July 7, 2026

July 7, 2026

Originally listed at $499,000 48 days on market

About This Property

Welcome to the unique RCMI condo in the heart of Downtown Toronto. Experience elevated urban living in this 740 sq. ft. penthouse suite, offering breathtaking, unobstructed southwest views. This thoughtfully designed 1-bedroom plus den floor plan provides exceptional versatility, as the den can function perfectly as a second bedroom. The interior features expansive floor-to-ceiling windows that flood the space with natural light, soaring 9-foot ceilings, and a modern kitchen complete with granite countertops and a functional island. Heat pump replaced in August 2024. Situated in a meticulously maintained non-smoking building, residents enjoy premium amenities including a 24-hour concierge, fitness centre, and bicycle storage. Ideally situated at the intersection of heritage and innovation, the Residences at RCMI boasts a perfect 100 Transit Score and 99 Walk Score, anchored directly between St. Patrick and Osgoode stations for effortless city-wide access. This premium address commands a "blue-chip" position within Toronto's Discovery District, placing residents steps from Hospital Row, the University of Toronto, and the Financial District. Whether you are exploring the trendsetting boutiques of Queen West, the world-class shopping at the CF Toronto Eaton Centre, or the cultural pulse of the Entertainment District, this location offers an unparalleled urban lifestyle where global commerce meets the city's finest dining and entertainment. Note: some photos virtually staged.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($669/mo) and property tax ($4,042/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$665/sqft
University
$777/sqft-14.5%
Toronto C01
$883/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 750 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

700-799 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeNone
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2375
MLS Size700-799
Listed OnMar 31, 2026
Maintenance Fees$669/month
Property Tax$4,042/year

Property Details Available

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Rooms

NameSize (m)Size (ft)Features
Living Room(Flat)3.89 x 3.0912.8 x 10.1-
Living Room(Flat)3.89 x 3.0912.8 x 10.1-
Living Room(Flat)3.89 x 3.0912.8 x 10.1-
Living Room(Flat)3.89 x 3.0912.8 x 10.1-
Living Room(Flat)3.89 x 3.0912.8 x 10.1-
Living Room(Flat)3.89 x 3.0912.8 x 10.1-
Living Room(Flat)3.89 x 3.0912.8 x 10.1-
Living Room(Flat)3.89 x 3.0912.8 x 10.1-
Living Room(Flat)3.89 x 3.0912.8 x 10.1-
Living Room(Flat)3.89 x 3.0912.8 x 10.1-
Kitchen(Flat)3.89 x 1.8912.8 x 6.2-
Kitchen(Flat)3.89 x 1.8912.8 x 6.2-
Kitchen(Flat)3.89 x 1.8912.8 x 6.2-
Kitchen(Flat)3.89 x 1.8912.8 x 6.2-
Kitchen(Flat)3.89 x 1.8912.8 x 6.2-
Kitchen(Flat)3.89 x 1.8912.8 x 6.2-
Kitchen(Flat)3.89 x 1.8912.8 x 6.2-
Kitchen(Flat)3.89 x 1.8912.8 x 6.2-
Kitchen(Flat)3.89 x 1.8912.8 x 6.2-
Kitchen(Flat)3.89 x 1.8912.8 x 6.2-
Bedroom(Flat)2.84 x 3.399.3 x 11.1-
Bedroom(Flat)2.84 x 3.399.3 x 11.1-
Bedroom(Flat)2.84 x 3.399.3 x 11.1-
Bedroom(Flat)2.84 x 3.399.3 x 11.1-
Bedroom(Flat)2.84 x 3.399.3 x 11.1-
Bedroom(Flat)2.84 x 3.399.3 x 11.1-
Bedroom(Flat)2.84 x 3.399.3 x 11.1-
Bedroom(Flat)2.84 x 3.399.3 x 11.1-
Bedroom(Flat)2.84 x 3.399.3 x 11.1-
Bedroom(Flat)2.84 x 3.399.3 x 11.1-
Den(Flat)2.39 x 3.097.8 x 10.1-
Den(Flat)2.39 x 3.097.8 x 10.1-
Den(Flat)2.39 x 3.097.8 x 10.1-
Den(Flat)2.39 x 3.097.8 x 10.1-
Den(Flat)2.39 x 3.097.8 x 10.1-
Den(Flat)2.39 x 3.097.8 x 10.1-
Den(Flat)2.39 x 3.097.8 x 10.1-
Den(Flat)2.39 x 3.097.8 x 10.1-
Den(Flat)2.39 x 3.097.8 x 10.1-
Den(Flat)2.39 x 3.097.8 x 10.1-
Bathroom(Flat)2.13 x 2.597.0 x 8.5-
Bathroom(Flat)2.13 x 2.597.0 x 8.5-
Bathroom(Flat)2.13 x 2.597.0 x 8.5-
Bathroom(Flat)2.13 x 2.597.0 x 8.5-
Bathroom(Flat)2.13 x 2.597.0 x 8.5-
Bathroom(Flat)2.13 x 2.597.0 x 8.5-
Bathroom(Flat)2.13 x 2.597.0 x 8.5-
Bathroom(Flat)2.13 x 2.597.0 x 8.5-
Bathroom(Flat)2.13 x 2.597.0 x 8.5-
Bathroom(Flat)2.13 x 2.597.0 x 8.5-

Room Dimensions Available

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Unit PH101 History

Complete transaction history for this unit

Terminated

Listed: Mar 12, 2026

$550,000

19 days on marketSale
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Price History

Original List Price

$499,000

Listed on Mar 31, 2026

Sold Price

$490,000

Sold on Jul 7, 2026

-$9,000

-1.8%

48 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameResidences at RCMI
Address426 University Avenue, Toronto C01
Parking Type

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About Unit PH101 at Residences at RCMI

Unit PH101 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 700-799 square feet located at Residences at RCMI, 426 University Avenue, Toronto C01. This unit is currently sold (sold for $490K).

About Residences at RCMI

Residences at RCMI is located at 426 University Avenue, Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

University Neighbourhood

This unit is located in University, part of Toronto C01 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Residences at RCMI, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit PH101 Residences at RCMI Toronto C01

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