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    75 St Nicholas Street

    Nicholas Residences
    7for Sale
    9for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    35
    Number of Units:
    307
    Condo Completion:
    2015
    Condo Demand:
    Medium
    Unit Size Range:
    315 - 959 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Nicholas Residences

    Receive listing updates for Bay Street Corridor

    Amenities

    Concierge
    Rooftop Deck
    Gym Room
    Media Room
    Rec Room
    Visitor Parking

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 75 St Nicholas StreetNicholas Residences

    Situated at 75 St Nicholas St, this stylish 35-storey condominium is a highly desirable building for anybody who wants a home in Bay Street Corridor. And it’s easy to see why — with its sleek look and competitive amenities, this condominium offers luxurious living at affordable prices.

    This building provides extensive amenities to residents: gym, party room, games room, media room, rooftop patio with BBQs, 24 hour concierge, security guard, and parking garage.

    Nicholas Residences is ideal for professionals who work in the downtown core; with a condo in the Bay Street Corridor, residents have an exciting neighbourhood to call home, and quick access to the Financial District and downtown Toronto.

    The Suites

    75 St. Nicholas Street is home to 307 downtown Toronto condos available in a variety of floor plans for studio, 1 bedroom, 1 bedroom + den, and 2 bedroom layouts. As is often the case with new buildings, these units maximize square footage, and sizes range from a cozy 395 for a studio to over 1000 for the largest 2 bedroom unit.

    Suites at Nicholas Residences have high-end finishes like hardwood floors, granite countertops, stainless steel appliances, custom cabinetry, and updated bathrooms. All units have floor to ceiling windows, private balconies, and open-concept layouts.

    Condos at Nicholas Residences are on the higher end of price per square foot, so you won’t get as much bang for your buck as you would in an older building, but upscale finishes and a vibrant neighbourhood ensures that these Bay St condos for sale will be a solid investment.

    The Neighbourhood

    The Bay Street Corridor is one of the busiest neighbourhoods in Toronto — home to luxurious condos, upscale restaurants, and lively pubs — this area is perfect for people who live a busy life and love to be immersed in the action. With a condo at Nicholas residences, you have a prime location to get the most out of the Bay Street Corridor and surrounding areas.

    Living in the Bay Street Corridor provides residents with quick access to some of the best shopping in the city — to the north you have Bloor Street and upscale shopping for brands like Gucci, Prada, Tiffany & Co., Brooks Brothers and more. If you go east, you have the Eaton Centre, where you’ll find hundreds of stores for the latest in fashion and technology. And to the west, you have Kensington Market for everything vintage from video games and records, to fashion and furniture.

    Whether it’s date night or just a night when you’re too busy to cook — you can go to Yorkville for 5-star restaurants, but you have plenty to choose from closer to home; there’s Brownstone Bistro for seafood, The Wickson Social for shared plates, The Fry and Burg's Bar and Grill are great for a late-night feed of comfort food, and if you just need something fast — McDonald’s and KFC are around the corner.

    Entertainment options are just as vast in this area — concert goers can go to Massey Hall or the Phoenix Concert Theatre to catch up and coming bands, or take the subway to Scotiabank Arena for large acts. Yonge Street offers a diverse nightlife experience, with everything from pack clubs to escape rooms and themed-bars. Culture lovers can stroll to the ROM or take in a show at one of the theatres in the area; with a condo in this neighbourhood, you’ll never be out of options on a Friday night.

    For groceries and basic necessities, you have a Shoppers Drug Mart on Yonge for any prescription pickups, and 3 Rabba Fine Foods to choose from in the area.

    Transportation

    75 St Nicholas Street has a Walk Score of 99, and with a pedestrian friendly neighbourhood like the Bay Corridor, residents can easily run errands on foot. For longer trips, there are buses on Yonge, and Wellesley Station is only a 5 minute walk for the Yonge-University subway line.

    Drivers can reach the Don Valley Parkway by taking Bloor east to the Danforth on-ramp, and head south on Jarvis for the Gardiner Expressway.

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    7

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    Explore Bay Street Corridor

    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 condos

    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%

    Maintenance Fees

    Nicholas Residences vs The Bay Street Corridor Area

    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 Availability91 Days38 Days198 Days70 Days
    Ratio of Units in Building24%47%10%21%

    Unit Sales vs Inventory

    Total number of units listed and sold in Bay Street Corridor