Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Kensington-Chinatown. Expertly crafted featuring premium concrete and other construction, this residence presents an exceptional opportunity offered at $420,000 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.
Bright & clean east-facing one-bedroom suite at Residences at RCMI by Tribute, in the heart of Downtown Toronto. This sun-filled unit boasts floor-to-ceiling windows, soaring 9-ft ceilings, Unbeatable location with a 99 Walk Score and 100 Transit Score: St. Patrick Subway Station is right at your doorstep. Steps to U of T, TMU & OCAD, and minutes to the Financial & Entertainment Districts, Nathan Phillips Square, Toronto Eaton Centre, Kensington Market, and Chinatown. Close to Mount Sinai and Toronto General Hospitals. Safe, quiet neighbourhood in one of the city's most connected addresses. Thanks for showing!
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Hospital, School, Public Transit, Park, Library
Carpet Free
Concierge/Security
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 426 University Avenue 2309, Toronto, ON M5G 1S9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $420,000 in Toronto, the legal minimum down payment is $21,000 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 $4,875 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,875 also applies, bringing the total estimated land transfer taxes to $9,750.
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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.