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RENTED CONDITIONALLY

SOLD CONDITIONALLY

RENTED CONDITIONALLY WITH ESCAPE

SOLD CONDITIONALLY WITH ESCAPE

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$580,000Asking Price

#3909 - 426 University Avenue, Toronto, ON M5G 1S9 #8

Chinatown, Toronto

Other

Bedroom

Bath

Parking

Days on Market

Welcome to Residences at RCMI! Located in the heart of Downtown Toronto. Great Investment Opportunity with Stable Rental Income with Long-Term and Respectful Tenant (4+ years lease)! Floor-to ceiling windows, 9 foot high ceilings, newly renovated laminate flooring, and Corian countertops. With a 99 Walk Score and 100 Transit Score, the St. Patricks Subway Station is at your doorstep. Minutes away from renowned universities (UofT, TMU, OCAD) and the Financial and Entertainment Districts, Nathan's Phillip Square, Toronto Eaton Centre, Kensington Market, and Chinatown. Conveniently located close to Mount Sinai and Toronto General Hospitals. Unbeatable Location, Safe and Quiet Neighborhood, and Gorgeous Unit! Come take a look!

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OPEN HOUSE

Key Info

Apartment Other
No Parking
No Garage
University Ave / Dundas St W
500-599 Approximate Sq Feet
11-15 Years Approximate Age
South Exposure
Ensuite Laundry
No Locker
Forced Air Gas Heating
Central Air

Property

$503 Monthly Condo Fees
Includes: Heat, Water, Central A/C, Building Insurance.
Excludes: Hydro, Cable TV, Common Elements, Parking
Amenities: Concierge, Gym
Taxes were $2,825 in 2024
Possession: Tenant occupied 60 days notice

Details

Elevator
Concrete Exterior
Fireplace
1 Kitchen
MLS #C12049238
HOMELIFE NEW WORLD REALTY INC.

Extras

Rooms

	Room	Floor	Dimensions	Details
1	Kitchen	Flat	6.17' x 16.01'	Granite Counters, Centre Island, Built-in Appliances
	1 3-Piece Bathroom in Flat

What's Nearby
Alerts, Schools, Commute & More

Demographics
Find out more about the neighbourhood

Who lives here?

Chinatown, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, business, science, health, education, law & public sector and arts & culture professionals and salespeople. It has a higher than average population of immigrants from China, and Cantonese and Mandarin speakers. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 39.

Families

Kids Per Family

0.7

kids per family
in the neighbourhood.

Toronto (1.2)
Gta ({{ '1.29999995231628' | number: 1 }})

Singles

67% of residents are
single and loving it.

67% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

71% of residents
are renters.

71% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

64% of residents are
university grads.

64% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$92K

is the average household
income in the neighbourhood.

Toronto ($132K)
Gta ({{ '135056.828125' | minifiedCurrency }})

Professions


Sales	15%
Business	12%
Government	9%
Culture	8%
Sciences	8%

Immigrants

41% of residents were
born outside of Canada.

41% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

China was once home to 13.2% of immigrants.

Philippines 3.0%

Hong Kong 2.7%

Vietnam 2.0%

India 1.5%

13.2% from China
All-time

Birthplace - Recent

China was once home to 2.5% of immigrants.

Hong Kong 0.9%

India 0.6%

UK 0.5%

Poland 0.4%

2.5% from China
Recent

Foreign Languages


Cantonese	11%
Mandarin	9%
French	2%
Arabic	2%
Chinese	2%

Religions


Christian	31%
Muslim	7%
Jewish	5%
Buddhist	3%
Hindu	2%

Social Housing

Social Housing Buildings

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)