Maintenance Fees
Nicholas Residences vs The Bay Street Corridor Area
2502 - 75 St Nicholas St
$3,3002 bds2 ba0 pk711 sqft
For RentNicholas Residences
5.0
4 Days on Strata
$3,300/mth
2 Beds
2 Bath
0 Parking
711 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
May 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
South East
Locker:
Owned
Laundry:
Main
Amenities
Visitor Parking
Rec Room
Rooftop Deck
Games Room
Party Room
Gym
BBQs Allowed
Media Room
Concierge
About this Listing
Welcome to your dream city retreat in the vibrant Yonge/Bloor corridor! This bright and spacious South-East corner unit offers panoramic city and lake views from an absolutely huge south-facing terrace the perfect spot for morning coffee, sunset dinners, or weekend lounging above the buzz of Toronto. Inside, enjoy the elegance of 9-ft ceilings, floor-to-ceiling windows, freshly painted and brand new laminate flooring flows throughout. The open-concept living space is anchored by a sleek Italian-style kitchen with premium built-in appliances ideal for hosting friends or cooking in style. With 2 full bathrooms, this unit is designed for comfort and convenience. Step outside and immerse yourself in the best of Toronto. You're just minutes from Yorkvilles chic boutiques and cafes, U of T and the financial district. With the TTC at your doorstep, getting anywhere in the city is a breeze. The building itself offers amenities including a striking two-storey lobby, 24-hour concierge, fully equipped gym, media room and visitor parking. Whether you're a young professional, urban couple, or savvy investor, this is more than a home its a lifestyle.
ExtrasHigh End S/S Appliances, Glass Cooktop, B/I Dishwasher & Microwave, Range/Hood, Stacked Washer/ Dryer, Window Coverings, Breakfast Island with B/I Drawers. ELF's.
royal lepage signature realtyMLS® #C12085964
Fees & Utilities
Utilities Included
Rent Includes
Water
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Heat Pump
Room Dimensions
Living
Combined with Dining, Walkout To Terrace, Windows Floor to Ceiling
17.88 x 12.8ft
Dining
Combined with Living
17.88 x 12.8ft
Kitchen
Centre Island, Quartz Counter, Stainless Steel Appliances
17.88 x 12.8ft
Primary
carpet free, Windows Floor to Ceiling
8.69 x 12.8ft
2nd Bedroom
Sliding Doors, Laminate, Large Window
8.3 x 8.07ft
Renter's Market
Balanced
Landlord's Market
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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.
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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
Household Income
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%
Building Trends At Nicholas Residences
Days on Strata
Units at Nicholas Residences spend an average of
51
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Bay Street Corridor
Turnover of Units
On average, each unit is owned for
6.7
YEARS before being sold againProperty Value
-21%
Decrease in property value within the past twelve months
Price Ranking
18th
Highest price per SQFT out of 45 condos in the Bay Street Corridor area
Sold Units
7
Units were Sold over the past twelve months
Rented Units
83
Units were Rented over the past twelve months
Best Value Rank
Nicholas Residences offers the best value out of 45 condos in the Bay Street Corridor neighbourhood
?
Appreciation Rank
Nicholas Residences has the highest ROI out of 45 condos in the Bay Street Corridor neighbourhood
?
Rental Yield
Nicholas Residences yields the highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood
?
High Demand
Nicholas Residences is the most popular building out of 45 condos in the Bay Street Corridor neighbourhood
?
Market Insights
Transaction Insights at Nicholas Residences
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | |
|---|---|---|---|---|
| Price Range | $398,000 | $537,000 - $562,000 | $608,000 - $612,500 | No Data |
| Avg. Cost Per Sqft | $1,000 | $1,030 | $902 | No Data |
| Price Range | $1,900 - $2,400 | $2,200 - $2,800 | $2,500 - $2,750 | $2,900 - $4,000 |
| Avg. Wait for Unit Availability | 87 Days | 37 Days | 231 Days | 74 Days |
| Avg. Wait for Unit Availability | 19 Days | 12 Days | 59 Days | 26 Days |
| Ratio of Units in Building | 23% | 48% | 9% | 21% |
Market Inventory
Total number of units listed and leased in Bay Street Corridor
