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Residences at RCMI

426 University Ave, Downtown

Features

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Price/Sqft Range

474 sqft - 763 sqft

Avg Price/Sqft

$839 / sq. ft.

Completed

Built: 2014

Building Scale

Floors: 42 | Total Units: 318

Building Details

Building Type

High-Rise condo

Property Management

Built in 2014

Condo Corp

TSCC-2375

Date Registered

May 5, 2014

Maintenance Fees Include

Heat

Water

Description

About Residences at RCMI

  • Address: 426 University Ave, Toronto
  • Neighbourhood: Bay Street Corridor, Downtown
  • Builder: Tribute Communities
  • Building Type: High-Rise Condo
  • Built Year: 2014
  • Storeys: 42
  • Units: 318
  • Suite Sizes: 474 sqft - 763 sqft
  • Average Price: $839 / sq. ft.

Overview of Residences at RCMI

Residences at RCMI is a 42-storey high-rise condo that merges military history with modern design in a LEED-certified building on University Avenue, constructed on the site of the Royal Canadian Military Institute built over 100 years ago. The first 3 floors recreate the heritage stone masonry of the original military institute, while the remaining floors feature contemporary glass construction. It stands as the only condo on University Avenue between Adelaide and Bloor. Tribute Communities completed the project as a residential tower while preserving the cultural heritage of the Royal Canadian Military Institute at ground level.

Suite Sizes & Value

Suites range from 474 to 763 square feet, featuring interiors by Kantelberg Design with layouts that include balconies offering downtown skyline views. The building offers competitive pricing for the Bay Street Corridor, with no on-site parking garage contributing to lower costs while emphasizing transit connectivity.

Building Amenities & Features

  • 24-hour concierge and security services
  • Fitness centre equipped for cardio and strength training
  • Bike room and storage facilities
  • Car share program with on-site vehicle access
  • Guest suite for overnight visitors
  • Meeting and party rooms for professional and social use
  • Museum featuring Royal Canadian Military Institute heritage space on ground floor

Location Highlights

  • Transit: Steps from St. Patrick Station (Line 1) and Dundas streetcar
  • Landmarks: Walking distance to Art Gallery of Ontario (AGO), Old City Hall, and Nathan Phillips Square
  • Groceries: 3-minute walk to Longo's
  • Dining: Nearby options include Duke of Cornwall and Pegasus Restaurant
  • Road Access: 4-minute drive to Gardiner Expressway via Bay Street

Lifestyle Near Residences at RCMI

The building caters to professionals who prioritize transit accessibility and walkability. Located between the Bay Street Corridor and Grange Park, residents enjoy convenient access to office towers, hospitals, and art galleries, with the unique addition of the on-site RCMI museum providing a connection to Canadian military history.

About the Developer

Tribute Communities is a Toronto-based developer specializing in projects that integrate heritage preservation with modern high-rise development, incorporating energy-efficient building designs into LEED-certified developments.


Active Units


Neighborhood

Arts Centre
Clear View
Hospital
Library
Public Transit
School

Building Sales History

Jun 2026 — 4 Listed | 0 Sold

86 days on market

MLS® # C12891446

Jun 11, 2026

Sold Conditionally

Mar 17, 2026

Listed For Sale

$651,000

53 days on market

MLS® # C12953592

Jun 10, 2026

Sold Conditionally

Apr 2, 2026

Listed For Sale

$479,900

42 days on market

MLS® # C13044186

Jun 6, 2026

Terminated

Apr 25, 2026

Listed For Sale

$475,000

123 days on market

MLS® # C12737772

Jun 1, 2026

Expired

Jan 29, 2026

Listed For Sale

$438,000
May 2026 — 6 Listed | 2 Sold

112 days on market

MLS® # C12765686

May 28, 2026

Price Change

Feb 6, 2026

Listed For Sale

$485,000

73 days on market

MLS® # C12869188

May 22, 2026

Sold Conditionally

Mar 11, 2026

Listed For Sale

$433,000

48 days on market

MLS® # C12947432

May 20, 2026

Sold

Apr 1, 2026

Listed For Sale

$499,000

67 days on market

MLS® # C12878998

May 19, 2026

Suspended

Mar 13, 2026

Listed For Sale

$619,000

56 days on market

MLS® # C12913468

May 19, 2026

Terminated

Mar 24, 2026

Listed For Sale

$599,998

16 days on market

MLS® # C13028986

May 8, 2026

Sold

Apr 22, 2026

Listed For Sale

$470,000
Apr 2026 — 3 Listed | 0 Sold

34 days on market

MLS® # C12928816

Apr 30, 2026

Terminated

Mar 27, 2026

Listed For Sale

$685,000

33 days on market

MLS® # C12929354

Apr 29, 2026

Terminated

Mar 27, 2026

Listed For Sale

$437,900

71 days on market

MLS® # C12712170

Apr 1, 2026

Expired

Jan 20, 2026

Listed For Sale

$499,000
Mar 2026 — 4 Listed | 2 Sold

181 days on market

MLS® # C12403012

Mar 16, 2026

Expired

Sep 15, 2025

Listed For Sale

$651,000

63 days on market

MLS® # C12681530

Mar 13, 2026

Terminated

Jan 9, 2026

Listed For Sale

$599,000

26 days on market

MLS® # C12761994

Mar 4, 2026

Sold

Feb 5, 2026

Listed For Sale

$489,900

35 days on market

MLS® # C12692148

Mar 3, 2026

Sold

Jan 13, 2026

Listed For Sale

$549,000
Feb 2026 — 1 Listed | 0 Sold

122 days on market

MLS® # C12770642

Feb 17, 2026

New

Feb 9, 2026

Listed For Sale

$728,000

Bay Street Corridor Insights

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Sale Price

Average

Median

Generated based on property type and location. Average values are derived using median calculations.