$499,900

$549,900For salePrice drop↓ $50,000 (9%)

#311 75 St Nicholas Street, Toronto (Bay Street Corridor) - Single Family for Sale

#311 75 St Nicholas Street, Toronto (Bay Street Corridor), Ontario, M4Y0A5

1 bed1 bath1 parking550 ft²$672/mo condo feeListed 99 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $499,900, it is attractively priced about 27% below the $685,000 median asking price in Toronto.

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Description

Rare Find 11-Ft Ceiling! Bright and Spacious North/West Corner Suite at the Prestigious Nicholas Residences, Tucked Away on a Quiet Street in the Heart of DT Yonge/Bloor. Well-Designed 1-Bedroom Suite Offers 594 Sq. Ft. of Functional Living Space. Modern Open-Concept Kitchen Features Granite Countertops, Breakfast Bar and Undermount Sink. Laminate Flooring Throughout. Steps to Yonge-Bloor Subway, Yorkville, U of T, Bloor Street Shopping, Restaurants, Grocery Stores and Vibrant Downtown Amenities. Exceptional Building Amenities Include 24-Hr Concierge, Gym, Party/Lounge Room, Media Room, Rooftop Terrace with BBQ Area and Visitor Parking. ONE Parking Included!!! (id:66096)

Property Details

MLS®: C13619498
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $672/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,744/yr
Listed: 99 days ago

Rooms

Flat

Living room: 4.95 x 4.26 meters
Dining room: 4.95 x 4.26 meters
Kitchen: 4.95 x 4.26 meters
Bedroom: 3.27 x 3.04 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

99d

Toronto (Bay Street Corridor) listings, avg age

60d

Price / ft²

$910

List price

$500K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Toronto (Bay Street Corridor) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by BAY STREET GROUP INC. · DAISY LI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4Y)

This home lists at $499,900, about 8.0× the local median household income of $62,400.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 56% above the area median.

Median household income: $62,400
Population: 36,319
Median age: 33.2
Owner / renter: 29% / 72%
Avg. household size: 1.5

Source: Statistics Canada, 2021 Census (FSA M4Y)

$499,900· $910/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$312/mo

Condo fee$672/mo

Total monthly$3,617

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$12,946

Est. closing costs$4,000

Total cash needed$41,941

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