$480,000
For sale: Apartment

Situated directly on ceremonial University Avenue at the prestigious Residences at RCMI, this LEED-certified 538 sq. ft. one-bedroom suite delivers unmatched urban connectivity with the St. Patrick subway and Dundas streetcar at your doorstep.Featuring a bright, open-concept layout with soaring 9-foot ceilings and expansive floor-to-ceiling windows, the residence was thoughtfully updated with fresh paint and brand-new flooring. Designed for a smart, low-maintenance downtown lifestyle, the home includes a highly coveted private storage locker.Building amenities feature a 24-hour concierge and a fully equipped gym. Located mere steps from Hospital Row, U of T, TMU, OCAD University, the Financial District, and the Eaton Centre, this is the ultimate address for vibrant city living.
Sold data
Apartment homes in Toronto (Kensington-Chinatown) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 53, across 2,905 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.
The median sale price was $569,999.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 2,905 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Kensington-Chinatown) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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