3109 - 426 University Avenue

Introducing an exceptional opportunity to acquire an apartment for sale in Toronto , located at 426 University Avenue, Toronto. This stunning condo apartment is situated in the prestigious Residences at RCMI, a location renowned for its prime position directly on the ceremonial University Avenue. The neighbourhood of Kensington-Chinatown offers a vibrant community atmosphere, making this property an ideal choice for those seeking both convenience and culture in the heart of the city.

This spacious 1-bedroom suite spans an impressive 538 sq. ft. and boasts a bright, open-concept layout that is perfect for modern living. The apartment for sale in Toronto features soaring 9-foot ceilings and floor-to-ceiling windows that flood the space with natural light, creating an inviting and airy ambiance. Recently updated with fresh paint and brand-new flooring throughout, this apartment is ready for you to move in and make it your own.

The sleek, modern kitchen is a highlight of this property, upgraded with new cabinet doors, granite countertops, and premium integrated appliances that will satisfy even the most discerning chef. Although there is no additional kitchen space, the flat kitchen design is both functional and stylish, ensuring that meal preparation is a pleasure rather than a chore.

Step outside onto the Juliette balcony, where you can enjoy breathtaking, unobstructed views of the city skyline that will never cease to amaze. This feature adds a touch of outdoor charm to your living space, allowing you to take in the vibrant energy of Toronto right from your home.

At 426 University Avenue, Toronto, you will find that this apartment for sale in Toronto is not just a home, but a lifestyle. The building itself is LEED-certified, designed with the urban elite in mind. Residents benefit from a range of amenities that include a 24-hour concierge and security service, ensuring peace of mind and convenience at all hours. Fitness enthusiasts will appreciate the fully equipped gym, while those who require additional transport options can take advantage of the car-share facilities and bike storage available within the building.

The location of this apartment for sale in Toronto is simply unparalleled. You are just steps away from Hospital Row, the University of Toronto (U of T), Toronto Metropolitan University (TMU), the Ontario College of Art and Design (OCAD), and the bustling Financial District. The iconic Eaton Centre is also within easy reach, making this address one of the best in downtown Toronto.

Despite the many features that this apartment offers, it is worth noting that there is no garage space or parking available, which is a consideration for potential buyers. Additionally, there is no basement or central vacuum system, and the property is being sold unfurnished, allowing you the freedom to design your living space to your taste.

With a total of four rooms, including one bedroom and one bathroom, this apartment for sale in Toronto is perfect for singles or couples looking to embrace city living. The central air conditioning ensures comfort throughout the warmer months, while the forced air heating system keeps you cosy during the colder seasons.

In conclusion, if you are in the market for an apartment for sale in Toronto, look no further than 426 University Avenue, Toronto. This property combines modern elegance with an unbeatable location, making it an exceptional investment for those seeking a vibrant urban lifestyle. Don't miss out on the chance to make this remarkable apartment your new home.

Kensington-Chinatown, nestled in the heart of Toronto, is a vibrant and eclectic neighbourhood that beautifully marries cultural diversity with a rich historical backdrop. Known for its bustling streets lined with an array of shops, markets, and eateries, the area offers a sensory feast, from the aromas of authentic Asian cuisine to the lively chatter of local vendors. The iconic Kensington Market, with its bohemian flair, features vintage boutiques and artisanal stalls, while Chinatown boasts a wealth of traditional Chinese shops and restaurants. The community is characterised by its colourful street art and a palpable sense of creativity, making it a dynamic place to live for those who appreciate a lively urban atmosphere infused with cultural richness. With convenient access to public transport and a welcoming, inclusive vibe, Kensington-Chinatown is an ideal choice for anyone looking to immerse themselves in the diverse tapestry of Toronto life.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. The closest option is Orde Street Public School, just 0.2 km away, offering grades JK to 8 with a solid rating of 7.1. For secondary education, Jarvis Collegiate Institute is located 1.3 km from the property, serving grades 9 to 12, although it has a lower rating of 5.9. Additionally, Lord Lansdowne Junior Public School, also within 0.9 km, offers French-language instruction for grades JK to 8, but it currently has no rating available. Families looking for Catholic education will find Our Lady of Lourdes Catholic School 1.5 km away, with a rating of 5.5, and St. Joseph's College School, only 0.5 km away, which has a commendable rating of 7.6 for grades 9 to 12. Lastly, St. Mary Catholic School, offering French instruction for younger students, is situated 1.9 km from the property. With a variety of schooling options in close proximity, this location is ideal for families prioritizing education.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, diverse community with a population of 1,002 residents. The average household size is 1.7, indicating a predominance of single-person households, as 68.75% of the population is single. The average age is 34.9 years, suggesting a relatively young demographic. With an average household income of $55,200, nearly 29.8% of residents are classified as low-income. The area has a significant immigrant population, accounting for 38.74%, and a high level of educational attainment, with 74.1% holding a college or university degree. Notably, 100% of households are renters, and 25% have children, reflecting a family-oriented aspect despite the high percentage of singles. The housing market includes 20% condominiums, catering to various living preferences. Additionally, a considerable portion of the population, 33.73%, is not in the labor force, indicating potential challenges in employment opportunities. Overall, this area presents a unique blend of youthful energy, educational achievement, and diverse backgrounds, making it an intriguing location for potential residents and investors alike.