$1,268,000

For sale

#TH1 75 St Nicholas Street, Toronto (Bay Street Corridor) - Single Family for Sale

#TH1 75 St Nicholas Street, Toronto (Bay Street Corridor), Ontario, M4Y0A5

1 bed1 bath0 parking750 ft²$520/mo condo feeListed 41 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 41 days, fresher than the Toronto average of 60 days.

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Description

Unbeatable Location & Versatile 760 SQFT Live/Work Space near Yonge & Bloor!Rare opportunity to own a commercial two-storey condo live/work unit in downtown Toronto at 75 St. Nicholas St. Nestled right beside the vibrant Yonge-Bloor commercial district, this **high-rise condo ground-floor live/work property** delivers unbeatable street-level commercial exposure paired with premium urban living space.Total Space: 760 sqft with flexible, functional layouts.Ground Floor Retail (347 sqft): Street-access commercial space on historic St. Nicholas St. Features a kitchen area, with adaptable interior space - ideal for a boutique cafe, specialty food shop, beauty salon or professional office.Second Floor Living (413 sqft): Private and spacious 1-bedroom, 1-bath suite. Perfect for owner-operators, or can be rented separately to boost your investment returns.**Key Highlight**: This property is not subject to the foreign buyer restrictions. Please consult a qualified real estate lawyer for full legal confirmation.**Prime Location & Neighbourhood Amenities**:Steps to the Yonge-Bloor commercial hub, Bloor-Yonge & Wellesley subway stations, University of Toronto, Yorkville luxury shopping district, ROM, grocery stores, pharmacies, dozens of restaurants, cafes and major banks. Queen's Park green space is nearby, and the building features full high-rise condo amenities including 24-hour concierge. Exceptional pedestrian traffic and strong demographic base.Whether you are an investor looking for steady rental income or an entrepreneur searching for a dedicated live/work space, this one-of-a-kind downtown unit is a must-see.Excellent transit connectivity: TTC subway, streetcars and bus routes within steps, easy access to downtown core, financial district and highways.- Zoning permits live/work operation; no restrictive heavy business limitations.- Great visibility from street, ample window display space for your brand. (id:66096)

Property Details

MLS®: C13823888
Property Type: Single Family
Zoning: UNIT 1, LEVEL 1, TORONTO STANDARD CONDOMINIUM PLAN
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 750 ft²
Storeys: 2
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $520/mo
Fee Includes: Common Area Maintenance, Heat, Water
Ownership: Condo/Strata
Property Tax: $4,300/yr

Rooms

Second level

Bedroom: 3.8 x 2.73 meters

Main level

Living room: 5.8 x 2.81 meters
Dining room: 5.8 x 4.56 meters
Kitchen: 5.8 x 4.56 meters
Other

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

Features

Appliances: Oven - Built-In
Flooring: Laminate
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

41d

Toronto (Bay Street Corridor) listings, avg age

60d

Price / ft²

$1,692

List price

$1.27M

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) has been listed for 41 days, which is 19 days fresher than the city average of 60. Act while there is still low competition.

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Listed by HOMELIFE NEW WORLD REALTY INC. · ELVIS LI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4Y)

This home lists at $1,268,000, about 20.3× the local median household income of $62,400.

Carrying it typically needs a household income of about $247,685 (20% down, 25-yr amortization, stress-tested) — roughly 297% 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)

$1,268,000· $1,692/ft²

For sale

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Full Cost Breakdown

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Down Payment8.03% · $101,800

Min 8.03%50%

Mortgage payment$6,466/mo

↳ CMHC premium ($46,648 capitalized)

Property tax (est.)$358/mo

Condo fee$520/mo

Total monthly$7,344

Cash Needed to Close

Down payment (8.03%)$101,800

Land transfer tax$43,670

Est. closing costs$6,304

Total cash needed$151,774

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice