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Residences at RCMI on University Condos

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Residences at RCMI on University Condos Price History

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as of April 03, 2024

1 Bed

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Price Change ALL Last 1 W 1 M 3 M 1 Y 2 Y 3 Y
Studio 1 bed 2 bed 3 bed

All prices, availability, figures and materials are preliminary and are subject to change without notice. E&OE 2024
Floor Premiums apply, please speak to sales representative for further information.

Residences at RCMI on University Condos is a new condominium development by Tribute Communities that is now complete located at 426 University Avenue, Toronto in the Downtown Core neighbourhood with a 99/100 walk score and a 100/100 transit score. Residences at RCMI on University Condos is designed by Zeidler Architecture and will feature interior design by Andrea Kantleberg Design. Development is scheduled to be completed in 2014. The project is 42 storeys tall (135.0m, 442.9ft) and has a total of 315 suites ranging from 494 sq.ft to 763 sq.ft. Residences at RCMI on University Condos is the # tallest condominium in and the # tallest condominium in .

Developers

Tribute Communities View All Developments
41
Total Developments
15
Pre Construction
5
Under Construction
21
Complete

About Tribute Communities

Tribute Communities: A Beacon of Architectural Excellence in Toronto

Tribute Communities, with over 35 years of robust experience in the field of home building, has firmly established itself as a distinguished developer in Toronto, known for its visionary approach and commitment to creating distinctive communities. With an impressive track record of over 35,000 homes and condominiums, Tribute Communities has significantly contributed to shaping the Greater Toronto Area's residential landscape. Here's an in-depth look at Tribute Communities, showcasing the key aspects of the company, its signature developments, and the unique attributes that set it apart in the industry.

Tribute Communities at a Glance

  • Foundation and Legacy: Tribute Communities has been building homes for over 35 years, focusing on creating unique, high-rise and low-rise communities that exceed industry standards for excellence and design.
  • Scale of Operations: With an extensive portfolio of more than 40,000 homes and condominiums built across the GTA, Tribute Communities is a testament to architectural innovation and exceptional craftsmanship.
  • Commitment to Excellence: The company has garnered an outstanding reputation, recognized with many top industry awards for its dedication to quality, innovation, and customer service.

Key Highlights of Tribute Communities' Developments

  • Diverse Portfolio: Tribute Communities has developed a wide range of residential projects, including VuPoint Condos, Lindsay Heights, U.C. Tower 3, and Storybrook Towns. These projects reflect the company's commitment to enhancing the natural beauty of the surrounding landscape while offering modern amenities and a friendly ambiance.
  • Signature Architectural Feats: Tribute Communities is known for creating vibrant expressions of urban style, with iconic architecture, sophisticated designs, and spectacular amenities. Their projects are enhanced by heritage touches that celebrate the past while embracing the future of urban living.
  • Community-Centric Approach: Understanding that building homes also means fostering communities, Tribute Communities ensures that its developments are not just about the buildings but about creating a cohesive and vibrant environment for residents to thrive in.

Notable Projects by Tribute Communities

  • VuPoint Condos: Located in Pickering, this project offers a stunning view of the skyline and a collection of exclusive suites, embodying urban elegance and sophistication.
  • Y&S Condos: Nestled in Davisville Village, Toronto, this development offers luxurious living spaces with modern designs and state-of-the-art amenities.
  • U.C. Tower 3: Situated in Oshawa, this project is known for its strategic location and innovative design, offering a premium living experience.
  • Storybrook Towns: A picturesque development that offers a perfect blend of contemporary design and serene natural landscapes, providing a tranquil living experience.

Customer Reviews and Testimonials

Tribute Communities' dedication to quality, innovation, and community development is consistently echoed in the positive reviews and testimonials from residents. The company's focus on creating not just homes but comprehensive lifestyle environments resonates deeply with those who choose Tribute Communities as their homebuilder.

Neighbourhoods

Downtown Core Neighbourhood in Toronto

Development Status

View on Map
55
Total Developments
13
Pre Construction
8
Under Construction
34
Complete

About Downtown Core

Toronto’s Downtown Core: A Thriving Urban Oasis with a Blend of Modern Luxury and Historic Charm

Toronto’s downtown core, is known for its towering skyscrapers, bustling streets, and vibrant cultural scene, the downtown core is a preferred destination for locals and investors alike. Here’s a comprehensive look at what makes Toronto’s downtown core a coveted neighborhood:

Why People Love the Downtown Core:

  • Cultural and Economic Hub: Encompassing influential institutions like Queen’s Park and the University of Toronto’s downtown campus, the area is a melting pot of culture, education, and healthcare facilities.
  • Vibrant Culinary Scene: The downtown core boasts an array of dining options along Yonge Street including popular spots like Lao Lao Bar, Okonomi House, Bar Volo, and Eataly, catering to diverse culinary preferences.
  • High Return on Investment (ROI): Recognized for yielding the best ROI for condo investments, the downtown core’s properties are highly sought-after, especially those close to key intersections and subway lines like the Yonge-University line​​.

Local Amenities and Real Estate Highlights:

  • Unmatched Connectivity: Known as the most connected community in Toronto, the downtown core offers swift access to underground transit, making it ideal for those who prefer a car-free lifestyle.
  • Luxurious Real Estate Market: The area is dotted with beautifully crafted condos and luxury buildings, especially around key intersections like Bay and Adelaide, and Yorkville, offering premium living experiences.
  • Booming Condo Market: Condominium units in the downtown core fetch prices 22-23% higher than the city-wide average, making it a lucrative spot for investors and homebuyers​​.

Real Estate Dynamics:

  • Seller’s Market: The Toronto housing market, especially the downtown core, is expected to favor sellers, characterized by a persistent supply shortage and rising prices. The average property prices in the downtown core are cheaper ($920,661) than north of the 401 ($1,153,280), making it a relatively more affordable option considering its prime location​​.
  • Luxury Market Trends: While the luxury market is smaller, it remains a strong investment in Toronto’s economic powerhouse. High-end units in the downtown core, particularly around Bay and Adelaide, are in constant demand.
  • Rising Rental Prices: Despite the high cost of living, the downtown core continues to attract renters.

Toronto’s downtown core is the lifeblood of the city’s culture, economy, and urban lifestyle. Its blend of connectivity, rich cultural tapestry, and dynamic real estate market make it one of the most desirable locations in Toronto. Whether you’re a professional seeking a cosmopolitan lifestyle, a student attending the city’s top institutions, or an investor eyeing lucrative opportunities, the downtown core offers a life full of vibrancy, convenience, and luxury.

Key Information

Location
426 University Avenue
,
Completion
2014
Sales Status
Resale
Development Status
Complete
Building Type
Condo
Price Range
-
Suite Sizes
494 sq.ft to
763 sq.ft
Avg. Price (/ft)
-
Parking Price
-
Locker Price
-
Mt. Fees (/ft)
$0.48
From the Developer:
Welcome to history in the making. Welcome to The Residences at RCMI on University Avenue, a beacon of smart urban condominium living at the centre of Torontos most diverse and vibrant neighbourhood. A world of elegance awaits you from the moment you enter the splendid lobby.

Discover a choice collection of suites, designed with elegance and detailed to perfection. Bright spacious and airy interiors, expansive balconies and smart elegant features distinguish each individual suite. Designed to LEED standards, The Residences at RCMI is a soaring testimony to Tributes commitment to green living.

When its time to inspire mind, body and soul, youll find inspiration just outside your door. The lakefront and all its myriad attractions are just a subway ride away.
  • Lobby
  • Bike Storage
  • Exercise Room
  • Car Share
  • Concierge
Exceptional Suite Features

Suite layouts designed by award winning boutique firm Kantelberg Design
Typical suites to have 9' height from concrete floor to ceiling height excluding mechanical bulkheads
Frosted glazed sliding closet doors (as per applicable plan)
Pre-finished engineered wood flooring or laminate flooring (as per Builder's Dcor package selection) in living/dining, kitchen, main hallway, bedroom and den (as per applicable plan)
White Dcora-style switches and receptacles throughout

Exquisitely Appointed Kitchens

Choice of granite or Corian countertops, with island as per applicable plan (from Builder's Dcor package selection)
Single bowl stainless steel under mounted sink with contemporary design faucet with integrated pull-out vegetable spray

Additional Information

Walk Score
99 / 100
Transit Score
100 / 100
Architect
Zeidler Architecture
Interior Designer
Andrea Kantleberg Design
Count
42 Floors
315 Suites
Height (M)
135.0 m
Height (Ft)
442.9 ft
Data last updated: April 2nd, 2024

Activity

All
Sales Status
April 02, 2024 8:23pm Sales Status changed to Resale
Total Floor Plans
5 (0 Available)
Price Range
Avg. Price per Foot
-
RESET
Sold Out
Suite 6 Floor Plan at Residences at RCMI on University Condos - 494 sq.ft
1 Bed 1 Bath
494 sq.ft
South
12-42
Sold Out
Sold Out
Suite 10 Floor Plan at Residences at RCMI on University Condos - 679 sq.ft
1.5 Bed 1 Bath
679 sq.ft
North West
12-42
Sold Out
Sold Out
Suite 1 Floor Plan at Residences at RCMI on University Condos - 740 sq.ft
1.5 Bed 1 Bath
740 sq.ft
North West
12-42
Sold Out
Sold Out
Suite 3 Floor Plan at Residences at RCMI on University Condos - 763 sq.ft
1.5 Bed 1 Bath
763 sq.ft
South West
12-42
Sold Out
Sold Out
Suite 8 Floor Plan at Residences at RCMI on University Condos - 763 sq.ft
1.5 Bed 1 Bath
763 sq.ft
South East
12-42
Sold Out

All prices, availability, figures and materials are preliminary and are subject to change without notice. E&OE 2024
Floor Premiums apply, please speak to sales representative for further information.

Launch Price/ft
*****
Current Price/ft
$0 /ft
Change from Launch
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$0/sq.ft.

Before occupancy

Residences at RCMI on University Condos,

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Residences at RCMI on University Condos Activity

All
Sales Status
April 02, 2024 8:23pm Sales Status changed to Resale

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Activity

All
Sales Status
April 02, 2024 8:23pm Sales Status changed to Resale

Key Information

Location
426 University Avenue
,
Completion
2014
Sales Status
Resale
Development Status
Complete
Building Type
Condo
Price Range
-
Suite Sizes
494 sq.ft to
763 sq.ft
Avg. Price (/ft)
-
Parking Price
-
Locker Price
-
Mt. Fees (/ft)
$0.48
From the Developer:
Welcome to history in the making. Welcome to The Residences at RCMI on University Avenue, a beacon of smart urban condominium living at the centre of Torontos most diverse and vibrant neighbourhood. A world of elegance awaits you from the moment you enter the splendid lobby.

Discover a choice collection of suites, designed with elegance and detailed to perfection. Bright spacious and airy interiors, expansive balconies and smart elegant features distinguish each individual suite. Designed to LEED standards, The Residences at RCMI is a soaring testimony to Tributes commitment to green living.

When its time to inspire mind, body and soul, youll find inspiration just outside your door. The lakefront and all its myriad attractions are just a subway ride away.
  • Lobby
  • Bike Storage
  • Exercise Room
  • Car Share
  • Concierge
Exceptional Suite Features

Suite layouts designed by award winning boutique firm Kantelberg Design
Typical suites to have 9' height from concrete floor to ceiling height excluding mechanical bulkheads
Frosted glazed sliding closet doors (as per applicable plan)
Pre-finished engineered wood flooring or laminate flooring (as per Builder's Dcor package selection) in living/dining, kitchen, main hallway, bedroom and den (as per applicable plan)
White Dcora-style switches and receptacles throughout

Exquisitely Appointed Kitchens

Choice of granite or Corian countertops, with island as per applicable plan (from Builder's Dcor package selection)
Single bowl stainless steel under mounted sink with contemporary design faucet with integrated pull-out vegetable spray

Additional Information

Walk Score
99 / 100
Transit Score
100 / 100
Architect
Zeidler Architecture
Interior Designer
Andrea Kantleberg Design
Count
42 Floors
315 Suites
Height (M)
135.0 m
Height (Ft)
442.9 ft
Data last updated: April 2nd, 2024