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Residences At Rcmi
Residences At Rcmi
M5G1S9
10
ACTIVE
LISTINGS
$555K
AVG SALE
PRICE
43
AVG DAYS ON
MARKET
About Residences At Rcmi
Residences at RCMI is a 42-storey high-rise condominium in the heart of Toronto's Bay Street Corridor, developed by Tribute Communities and completed in 2014. With 315 units across a range of layouts, the building attracts buyers and renters seeking direct access to downtown employment, shopping, and transit. Current listings span $438,000 to $728,000 for sale, with rental units averaging $2,567 monthly, reflecting strong demand in this prime location.
The Bay Street Corridor places you steps from the Financial District, with the Dundas subway station nearby for quick connections across the city. You'll find shopping at Eaton Centre, dining options throughout the neighbourhood, and easy walking access to parks and entertainment. This location suits professionals working downtown, young families prioritizing transit access, and renters who value being at the core of urban Toronto.
Frequently asked questions
What type of building is Residences at RCMI?
Residences at RCMI is a 42-storey high-rise residential condominium completed in 2014 by Tribute Communities. The building contains 315 units in a mix of configurations, from bachelor and one-bedroom layouts to two-bedroom and larger floor plans. As a high-rise condo, it offers the density and services typical of downtown Toronto living, including shared amenities and professional management. The building sits prominently in the Bay Street Corridor, one of Toronto's most established residential addresses, and serves as a mixed-use residential community in an area known for stable property values and consistent demand.
What's the neighbourhood like around Residences at RCMI?
Residences at RCMI sits in the Bay Street Corridor, one of downtown Toronto's most walkable and well-connected neighbourhoods. The Dundas subway station is just steps away, putting you on Line 1 for direct access to the entire city. You're surrounded by the Financial District to the south, with the Eaton Centre and other major retail just a short walk north. The area has a mix of office towers, residential buildings, restaurants, and entertainment venues. Nearby streets like Dundas and Bay offer shops, cafes, and services, while nearby parks including small green spaces provide relief from the urban density. This location is ideal for people working downtown, students attending nearby institutions, and anyone who wants to be in the middle of Toronto's action without a commute.
What should buyers and renters know about living here?
Units at Residences at RCMI range from compact one-bedroom layouts around 633 square feet on average to larger two-bedroom configurations, giving you options depending on your budget and needs. When evaluating a unit, check sightlines and orientationu2014higher floors often command better views and natural light in a downtown high-rise. Review the building's maintenance fees carefully, as they cover building operations, security, and common amenities typical of a 42-storey condo. Ask about parking availability and costs, pet policies, and storage if you're downsizing. For renters, confirm lease terms and which utilities are included, as these vary by unit. The building's location means excellent walkability and transit access, but also urban noise and foot traffic, so visit at different times of day to assess comfort level.
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For Sale 8 For Rent 2
Building details
TypeHigh-rise
Year built2014
Storeys42
Total units315
DeveloperTribute Communities
Postal code
M5G 1S9