2702 - 426 University Avenue

Discover the epitome of urban living with this exceptional one-bedroom luxury condo for sale in Toronto , located at 426 University Avenue, Toronto. Nestled in the vibrant heart of the downtown core, this property offers a unique opportunity to immerse yourself in the dynamic lifestyle that the city has to offer. With its modern design and practical layout, this condo is not only a home but a gateway to the best that Toronto has to offer.

As you step into this stunning unit, you will immediately appreciate the sun-filled atmosphere created by the large windows that provide a west-facing view. The condo for sale in Toronto features a well-thought-out open concept design, making it ideal for both relaxation and entertaining. The modern kitchen, complete with a central island and granite countertops, is perfect for those who enjoy cooking and hosting gatherings. With a total of four rooms, including a spacious bedroom and a well-appointed bathroom, this property offers a comfortable and functional living space.

Situated in the prestigious RCMI Condos, this building stands as a testament to luxury living in the city. The concrete exterior not only provides durability but also contributes to the modern aesthetic of the property. Although the condo does not include a den or additional rooms, the layout maximises the available space, ensuring that every square foot is utilised effectively. The absence of a fireplace and pool may be noted, but the condo compensates with its central air conditioning and internet connectivity, ensuring a comfortable and connected lifestyle.

The location of 426 University Avenue, Toronto, cannot be overstated. This condo for sale in Toronto is just steps away from the subway, providing easy access to transportation throughout the city. The proximity to the University of Toronto, OCAD, and various hospitals, including the University Health Network, makes this property particularly appealing for students, professionals, and healthcare workers alike. Additionally, the financial district, along with a plethora of shops and restaurants, is within walking distance, making it the perfect location for those who thrive in a bustling urban environment.

As you explore the community surrounding 426 University Avenue, Toronto, you will find that it is rich in culture and amenities. The area boasts a variety of dining options, from casual eateries to fine dining establishments, ensuring that there is something for everyone. Furthermore, the vibrant arts scene and numerous cultural attractions nearby provide endless opportunities for entertainment and enrichment.

This condo for sale in Toronto is unfurnished, allowing you the freedom to personalise the space to your taste and style. With a forced air heating system, you can enjoy warmth and comfort during the cooler months. While there is no central vacuum system, garage space, or parking available, the convenience of the location and the accessibility of public transport make it an excellent choice for those who prefer to embrace the city lifestyle without the need for a vehicle.

In summary, this one-bedroom luxury condo for sale in Toronto at 426 University Avenue, Toronto, offers an unparalleled living experience in the heart of the city. With its modern amenities, practical layout, and prime location, it is an ideal choice for anyone looking to make the most of urban living. Don’t miss your chance to own this stunning property that embodies the essence of convenience and luxury. Whether you are a first-time buyer, an investor, or someone seeking a vibrant lifestyle, this condo for sale in Toronto is an opportunity not to be overlooked. Embrace the best of city living and make this exquisite condo your new home.

The University community in Toronto is a vibrant and dynamic enclave, characterised by its blend of academic excellence and cultural diversity. Nestled amidst the bustling city, it boasts a rich tapestry of historic and modern architecture, with green spaces that provide a serene escape from urban life. The area is alive with the energy of students and faculty from around the globe, fostering a spirit of innovation and collaboration. With an array of cafés, bookstores, and cultural venues, the University community is not just a place of learning, but a lively hub where ideas flourish and lifelong friendships are forged. Living here means being at the heart of intellectual discourse, artistic expression, and a myriad of social activities, all within easy reach of Toronto's broader urban offerings.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest option is Orde Street Public School, just 0.2 km away, offering grades JK to 8 with a respectable school rating of 7.1. For older students, Jarvis Collegiate Institute is located 1.3 km from the property, serving grades 9 to 12 with a rating of 5.9. Another nearby elementary school is Lord Lansdowne Junior Public School, 0.9 km away, although it has a school rating of 0. For those seeking a Catholic education, Our Lady of Lourdes Catholic School is 1.5 km away, catering to grades JK to 8 with a rating of 5.5. St. Joseph's College School, 0.5 km from the property, offers grades 9 to 12 and boasts a higher rating of 7.6. Lastly, St. Mary Catholic School, located 1.9 km away, serves grades JK to 4 and has a rating of 5.7. With a mix of public and Catholic schools nearby, this property provides excellent educational options for children of all ages.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 1,002 residents. The average household size is notably low at 1.7, indicating a predominance of single-person households, which make up 68.75% of the population. The average age of residents is 34.9 years, suggesting a relatively young demographic. Financially, the average household income stands at $55,200, with a significant portion, 29.8%, classified as low-income. The area is characterized by a high percentage of renters, accounting for 100% of households, and 25% of households have children. Immigrants represent a substantial 38.74% of the population, contributing to the community's diversity. Additionally, a remarkable 74.1% of residents hold a college or university education, reflecting a well-educated populace. The housing market includes 20% condos, catering to the needs of the predominantly renting community. However, a notable 33.73% of residents are not in the labor force, which may impact local economic activity. Overall, this area presents a unique blend of youthful energy, educational attainment, and diverse backgrounds, alongside economic challenges.