426 University Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of University. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $599,888 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 0.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to the Iconic RCMI Condo by Tribute, located on the historic grounds of the Royal Canadian Military Institute. This impressive 1+1 bedroom, 1-bathroom unit feels more like a 2-bedroom, as the den is fully enclosed with a closet and door, and comfortably fits a queen-sized bed ideal as either a second bedroom or a spacious work-from-home office. Step inside to experience modern urban living at its finest. With 9-foot smooth ceilings and floor-to-ceiling windows, this condo is bathed in natural light. The stylish kitchen is equipped with built-in stainless-steel appliances, elegant granite countertops, and laminate flooring, while the private balcony offers stunning city views. Nestled in the heart of Toronto, this condo boasts unparalleled convenience. You're within walking distance of St. Patrick Subway (University & Dundas), nearby top hospitals, the University of Toronto, Toronto Metropolitan University, the Eaton Centre, the Financial District, and Chinatown. With a Walk Score of 99 and a Transit Score of 100, the best of the city is right at your doorstep. Seize the chance to live in a prime downtown location with everything you need just steps away. Book your private viewing today!
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 426 University Avenue 2310, Toronto C01, ON M5G 1S9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $599,888 in Toronto, the legal minimum down payment is $34,989 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,473 also applies, bringing the total estimated land transfer taxes to $16,946.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
