Skip to main
    for sale
    24 Days on Strata
    $499,000
    1 Bed
    1 Bath
    0 Parking
    559 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History


    Maintenance Fees:
    $540/mth
    Taxes:
    $3,097 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $893/sqft
    Outdoor Space:
    Balcony
    Locker:
    Owned
    Possession Date:
    Jan 1
    Exposure:
    East

    Amenities

    Concierge
    Visitor Parking
    Media Room
    Gym
    Party Room
    Games Room
    Amenity details for reference only. Independently verify accuracy.

    About this Listing

    Stylish 1-Bedroom at Nicholas Residences - Steps to Yorkville & Bay/Bloor! Modern downtown living in this luxurious 1-bedroom suite at the sought-after Nicholas Residences. Wide open-concept layout w/ floor-to-ceiling windows giving overflowing natural light throughout! Enjoy 9-ft ceilings and a premium upgraded design that includes a spacious living area and a rare 37sf walk-in closet. Located on a quiet tree-lined street just off Bay & Bloor, yet moments from Yorkville's luxury boutiques, U of T, Yonge subway line, fine dining, and cafes. The building offers 24-hour concierge, fitness centre, party lounge, rooftop terrace with BBQs, and visitor parking. Ideal for investors, first-time buyers, or students seeking prime downtown Toronto living in a boutique luxury building.

    ExtrasStove, Cooktop, B/I Dishwasher, Washer/Dryer, Microwave, elf's, Blinds & Locker. All furniture can also be included if buyer wants.

    right at home realtyMLS® #C12489392

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Not Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions


    Living
    14.17 x 16.21ft
    hardwood floor, Combined with Dining, Walkout To Balcony
    Dining
    14.17 x 16.21ft
    hardwood floor, Combined with Living, Walkout To Balcony
    Kitchen
    14.17 x 16.21ft
    hardwood floor, Combined with Living, Granite Counter
    Primary
    8.83 x 12.3ft
    hardwood floor, Walk-in Closet, Large Window

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore Bay Street Corridor

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    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.

    Mortgage Calculator


    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%


    Days on Strata

    Units at Nicholas Residences spend an average of
    46
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    6.9
    YEARS before being sold again

    Property Value

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

    Price Ranking

    19th
    Highest price per SQFT out of 47 condos in the Bay Street Corridor area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    100
    Units were Rented over the past twelve months

    Best Value Rank

    Nicholas Residences offers the
    ?
    best value out of 47 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Nicholas Residences has the
    ?
    highest ROI out of 47 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Nicholas Residences yields the
    ?
    highest rent prices out of 47 condos in the Bay Street Corridor neighbourhood

    High Demand

    Nicholas Residences is the
    ?
    most popular building out of 47 condos in the Bay Street Corridor neighbourhood

    Market Insights

    Transaction Insights at Nicholas Residences

    Studio1 Bed1 Bed + Den2 Bed
    Price Range$345,000 - $370,000$450,000 - $550,000$608,000 - $707,500No Data
    Avg. Cost Per Sqft$933$916$956No Data
    Avg. Wait for Unit Availability89 Days40 Days199 Days73 Days
    Ratio of Units in Building24%47%9%21%

    Market Inventory

    Total number of units listed and sold in Bay Street Corridor