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.
Neighborhood
Building Sales History
Oct 2026 — 1 Listed | 0 Sold
37 days on market
MLS® # C13750436
Oct 2, 2026
Sold Conditionally
Sep 7, 2026
Listed For Sale
$480,000
Sep 2026 — 1 Listed | 0 Sold
34 days on market
MLS® # C13764044
Sep 10, 2026
New
Sep 10, 2026
Listed For Sale
$569,000
Jun 2026 — 1 Listed | 0 Sold
123 days on market
MLS® # C13437198
Jun 22, 2026
New
Jun 12, 2026
Listed For Sale
$728,000
Bay Street Corridor Insights
Sale Price
Average
Median


