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    30 Nelson Street

    9for Sale
    9for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    41
    Number of Units:
    411
    Condo Completion:
    2017
    Condo Demand:
    Medium
    Unit Size Range:
    394 - 2,408 SQFT
    Unit Availability:
    Medium

    Listing History for Studio 2

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    Amenities

    Party Room
    Concierge
    Gym Room
    Media Room
    Sauna
    Games Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 30 Nelson StreetStudio 2

    Following the success of the Studio on Richmond, Aspen Ridge Homes’ created a second development in the Entertainment District that captivates many prospective homeowners. At 30 Nelson Street, the Studio 2 Condos integrates easily into the exciting Queen West neighbourhood, while also shining brightly on its own — as any sequel should.

    Completed in 2017, Quadrangle Architects carefully considered both the industrial history of the Entertainment District and its exciting future when they designed the Studio 2 Condos. As the tower rises to 41-storeys, its contemporary aesthetic features an artistic arrangement of glass-clad stacked cubes – representative of the aspirations 30 Nelson’s designers and developers have for this innovative new building.

    At street level though, the style shifts towards a classic aesthetic. The podium, boasting resolute masonry, is sleekly carved with modern lines that leave a strong and sophisticated impression. And inside, the podium contains high-end retail and restaurant space, townhomes, and an attractive collection of amenities.

    Mike Niven’s studio designed the amenities area expertly - inspired by the opulence of golden-age Hollywood films, nonetheless. Residents enjoy access to a beautiful dining room, media room, lounge, as well as all the fitness facilities athletes could need, with rooms for cardio, weights, and yoga. Finally, ensuring it’s always ready for a party, a chic bar and an aqua lounge can be found here as well.

    The Suites

    At 30 Nelson Street, there are 411 suites. This includes studio, one and two bedroom units, along with some townhomes containing three bedrooms spread out over multiple floors. While the sizes of these homes span approximately 400 to 2,600 square feet, all Queen West condos for sale in this building feel spacious and luxurious thanks to open-concept designs, expansive windows, and, as with the amenities areas, Mike Niven at the helm of their interior design.

    Niven’s distinctive modern aesthetic results in refined, cleanly designed suites. Still, with top-of-line materials like engineered wood flooring, granite and Caeserstone countertops, a warm richness resounds throughout the suites.

    Lastly, the builders and designers sought out the best fixtures for the Studio 2 Condos: every kitchen contains designer Miele appliances and all the bathrooms feature gorgeous Hansgrohe faucets. Many even include deep soaker tubs — a sumptuous retreat perfect for anyone living an exciting lifestyle in the Entertainment District.

    The Neighbourhood

    Nestled between Richmond Street and Adelaide Street West, 30 Nelson is in the heart of the Entertainment District. There are many reasonably-priced and delicious restaurants, cafés and pubs in the area, in addition to more indulgent fine dining spots – all catering to hungry audiences exiting the plethora of cultural and performance venues in the area.

    The attractions that everyone knows are close at hand – the beautiful Royal Alexandra and Princess of Wales Theatres, the lavish Roy Thomson Hall, and the internationally-acclaimed TIFF Bell Lightbox — but residents of the Studio 2 Condos can explore those places, and also get to know this vibrant area much more intimately.

    Independent galleries can be found in the Entertainment District’s many side streets, but residents should definitely pay a visit to 401 Richmond as well. About a five-minute walk, this charming heritage brick building showcases works by emerging artists, cultural producers, and passionate social innovators.

    Transportation

    Living in a neighbourhood filled with so many cultural venues means that residents can get around the city without any difficulty. There are many public transit options in the area: a major streetcar, the 501 Queen, runs east and west through the city, and stops nearby at Queen Street West and McCaul Street.

    Using the 501, riders can head to Osgoode Station and transfer onto the Yonge-University-Spadina subway line. Though, if they please, Osgoode is less than a five-minute walk from 30 Nelson, at the corner of Queen and University Avenue.

    Last but not least, the roads around the Studio 2 Condos move quickly, carrying passengers around downtown Toronto. But if their destinations are outside the city proper, residents will love living five minutes from the highway. Drivers need only head south to the lakeshore, where they can connect to the Gardiner Expressway from both Spadina Avenue and York Street.

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    Explore Queen West

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar condos

    Demographics

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

    Population
    18,483
    Average Individual Income
    $71,628
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $108,396
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    20%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    10%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    43%
    Semi Detached
    25%
    Detached
    24%
    Low Rise Apartment
    3%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    72%
    Mandarin
    13%
    Cantonese
    9%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    12%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    17%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    5%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    Studio 2 vs The Queen West Area

    Days on Strata

    Units at Studio 2 spend an average of
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Queen West

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    17th
    Highest price per SQFT out of 47 condos in the Queen West area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    55
    Units were Rented over the past twelve months

    Best Value Rank

    Studio 2 offers the
    ?
    best value out of 47 condos in the Queen West neighbourhood

    Appreciation Rank

    Studio 2 has the
    ?
    highest ROI out of 47 condos in the Queen West neighbourhood

    Rental Yield

    Studio 2 yields the
    ?
    highest rent prices out of 47 condos in the Queen West neighbourhood

    High Demand

    Studio 2 is the
    ?
    most popular building out of 47 condos in the Queen West neighbourhood

    Transaction Insights at 30 Nelson Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$548,000 - $636,500$650,000 - $677,500$885,000 - $895,000$1,093,000 - $1,375,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,120$960$1,226$974No DataNo Data
    Avg. Wait for Unit Availability426 Days55 Days65 Days63 Days168 Days444 Days416 Days
    Ratio of Units in Building4%30%28%27%8%4%2%

    Unit Sales vs Inventory

    Total number of units listed and sold in Queen West