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For Sale
$728,000
Unit 3608
MLS# C13437198426 University Avenue 3608, Toronto, ON M5G 1S9
2bed|1bath|763sqft
0parking|0locker
Residential Condo & Other|$689 fees|$4215 tax
72 days on market
Residences at RCMI Condos in Toronto C01
426 University Avenue, Toronto C01
213
Total Units
2
For Sale
0
For Rent
32
Sold
208
Leased
$664K
Avg Price
42
Days (Sale)
21
Days (Lease)
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Showing 1-2 of 2 properties
Property Type:
CondoNumber of Units:
213Condo Demand:
HighUnit Availability:
LowNumber of Storeys:
Condo Completion:
Unit Size Range:
0 - 799 SQFTProperty Management:
Crossbridge Condo ServiceMarket Overview
For-Sale Inventory
0.9%
Highest Sale (12mo)
$575K
Lowest Sale (12mo)
$410K
Median Maintenance
$514/mo
Year Built
Residences at RCMI Market
Updated Aug 20, 2026
Condos
Median sale price
$453K
Median PSF (est.)▼ 6.9%
$809/sqft
Sold last 90 days
6
Active listings
2
Months of inventory
0.7
Avg days on market
59
Sale-to-list ratio
95.80%
Absorption rate
150.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 82.35% · End-user: 17.65% (from 6 sales, 28 leases)
Price reductions (90d)
Price-reduction rate: 16.67%
Avg reduction: $45,000 (9.41%)
Monthly reduction trend
2025-02: 0.0% (3 listings)
2026-07: 33.3% (3 listings) · avg $45,000
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $809 — -2.59% vs community avg ($831)[discount]
Supply vs demand by unit type (90d)
Sample: 2 active listings · 6 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 4 sold · mismatch -66.67%
2br: 2 active / 2 sold · mismatch +66.67%
3br: 0 active / 0 sold · mismatch +0.00%
Concession pattern by unit type (90d)
1br (13 sales) — 100.00% closed with concessions, avg 4.41% below ask
2br (14 sales) — 92.86% closed with concessions, avg 4.35% below ask
Seasonality (annual pattern)
Historically strongest months: Oct, Jun, Mar
Historically weakest months: Nov, Jul, Aug
Annual averages: DOM 42.6d · sale-to-list 95.80% (n=27)
Monthly detail
Jan · 3 sales · DOM 52.3d · STL 96.50%
Feb · 5 sales · DOM 53.2d · STL 95.74%
Mar · 4 sales · DOM 26.8d · STL 97.16%
Apr · 2 sales · DOM 34.0d · STL 93.94%
May · 1 sales · DOM 29.0d · STL 95.65%
Jun · 2 sales · DOM 11.5d · STL 95.60%
Jul · 4 sales · DOM 57.5d · STL 94.20%
Aug · 3 sales · DOM 57.7d · STL 95.12%
Oct · 1 sales · DOM 11.0d · STL 96.85%
Nov · 1 sales · DOM 56.0d · STL 96.94%
Dec · 1 sales · DOM 31.0d · STL 99.08%
Market Intelligence
Price per sqft analysis and trends
Residences at RCMI
Sale PSF
N/A
Lease PSF
N/A
University
Sale PSF
$777/sqft
3 sales
Lease PSF
$3.08/sqft/mo
1 leases
Toronto C01
Sale PSF
$883/sqft
173 sales
Lease PSF
$4.45/sqft/mo
1 leases
Toronto
Sale PSF
$788/sqft
861 sales
Lease PSF
$3.85/sqft/mo
1 leases
Location Comparison
| Location | Sale PSF | Lease PSF | # Sales | # Leases |
|---|---|---|---|---|
Residences at RCMIThis Building | — | —/mo | — | — |
University | 777 | 3.08/mo | 3 | 1 |
Toronto C01 | 883 | 4.45/mo | 173 | 1 |
Toronto | 788 | 3.85/mo | 861 | 1 |
Green badges indicate the building is priced below the comparison area. Data from closed transactions.
Parking & Locker Values
Parkingcommunity
Purchase
N/A
Monthly Lease
$226.85/mo
Lockergeneric
Purchase
$10K
Monthly Lease
$50/mo
Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.
Amenities
BBQs Allowed
Bike Storage
Bus Ctr (WiFi Bldg)
Concierge
Elevator
Exercise Room
Game Room
Guest Suites
Gym
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Security Guard
Visitor Parking
Maintenance Fee Includes:
A/CBuilding InsuranceCommon ElementsHeatWater
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About Residences at RCMI Condos
Residences at RCMI is a premier condominium located at 426 University Avenue, Toronto C01. This 213-unit building offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.
Currently, there are 242 units available at Residences at RCMI, with prices averaging around $664K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.
Residences at RCMI stands out in Toronto C01's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.
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 and market analysis.
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Units for Sale at Residences at RCMI
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