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 $651,000 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 700-799 sqft
- 0.0 total parking spaces available
- Notable attributes: Carpet Free, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience urban sophistication at the renowned Residences at RCMI, ideally situated in the heart of downtown Toronto. This expansive corner suite features a spacious 2 bedrooms layout with soaring high ceilings and floor to ceiling windows, ensuring abundant natural light through out both the living area and den. Den with a closet, a door, and windows. The versatile second bedroom offers the flexibility to serve as a second bedroom or a private home office. Enjoy the convenience of direct access to St. Patrick Subway Station, placing the city's premier dining, shopping, and entertainment just steps from your door. Don't miss this rare opportunity to own a distinguished suite in one of Toronto's most sought-after addresses. (Some Photos are Virtually Staged to showcase the property's potential)
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Key Features
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Interior Features
Carpet Free, Primary Bedroom - Main Floor
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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 3503, 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 $651,000 in Toronto, the legal minimum down payment is $40,100 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 $9,495 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,495 also applies, bringing the total estimated land transfer taxes to $18,990.
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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.
