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    Toronto / Downtown / Bay Street Corridor

    501 - 75 St Nicholas St

    For RentNicholas Residences
    $1,980/mth
    Price Cut: $2,050
    Studio
    1 Bath
    0 Parking
    385 SQFT
    25 Days on Strata
    Est Lease Timeframe
    25 Days

    Listing History

    Unit Highlights

    Possession Date:
    November 28, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    East
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Laminate, Large Window
    11.48 x 10.5ft
    Dining
    Combined with Living, Open Concept
    11.48 x 10.5ft
    Kitchen
    Laminate, Stainless Steel Appliances
    11.48 x 10.5ft

    About this Listing

    Experience luxury living at the Nicholas Residences in the prime Yonge/Bloor area, featuring soaring 9-foot ceilings, floor-to-ceiling windows, a freshly painted bright interior, and an unbeatable location steps from Yorkville, U of T, subways, and more, with a perfect 100 Walk Score.

    ExtrasFridge, Stove, Dishwasher, Washer & Dryer

    bay street group inc.MLS® #C11429732

    Amenities

    Concierge
    BBQs Allowed
    Rooftop Deck
    Party Room
    Rec Room
    Media Room

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,057
    Average Individual Income
    $63,504
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,909
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    18%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    45%
    Semi Detached
    23%
    Detached
    21%
    Low Rise Apartment
    6%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    46%
    High School
    20%
    College
    15%
    None
    12%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    10%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    Nicholas Residences vs The Bay Street Corridor Area

    Building Trends At Nicholas Residences

    Days on Strata

    Units at Nicholas Residences spend an average of
    47
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    6.6
    YEARS before being sold again

    Property Value

    -18%
    Decrease in property value within the past twelve months

    Price Ranking

    21st
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    72
    Units were Rented over the past twelve months

    Best Value Rank

    Nicholas Residences offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Nicholas Residences has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Nicholas Residences yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    Nicholas Residences is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 75 St Nicholas Street

    Studio1 Bed1 Bed + Den2 Bed
    Price Range$398,000$537,000 - $562,000$633,000$870,000
    Avg. Cost Per Sqft$1,000$1,042$967$1,123
    Avg. Wait for Unit Availability87 Days38 Days198 Days71 Days
    Ratio of Units in Building24%47%10%21%

    Transactions vs Inventory

    Total number of units listed and leased in Bay Street Corridor