Maintenance Fees
Nicholas Residences vs The Bay Street Corridor Area
501 - 75 St Nicholas St
For RentNicholas Residences
5.0
48 Days on Strata
$1,900/mth
Studio
1 Bath
0 Parking
385 SQFT
Listing History
2025 - Feb 13
for rent$1,900
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Unit Highlights
Property Type:
Condo
Possession Date:
February 13, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
East
Locker:
None
Laundry:
Ensuite
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.
bay street group inc.MLS® #C11972451
Features
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
Amenities
Media Room
Rooftop Deck
Games Room
Visitor Parking
Concierge
Party Room
Rec Room
BBQs Allowed
Gym Room
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
Renter's Market
Balanced
Landlord's Market
5.0
Building Spotlight
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Commute Calculator
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.
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
3%
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
-23%
Decrease in property value within the past twelve months
Price Ranking
19th
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
85
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 | $612,500 - $633,000 | No Data |
| Avg. Cost Per Sqft | $1,000 | $1,030 | $896 | 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 | 228 Days | 74 Days |
| Avg. Wait for Unit Availability | 19 Days | 12 Days | 58 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
