TH1-75 St Nicholas Street, Toronto, ON
Bay Street Corridor, Toronto · MLS® C13823888
About this home
In short
- 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.
- Total Space: 760 sqft with flexible, functional layouts.
- Ground Floor Retail (347 sqft): Street-access commercial space on historic St.
- Second Floor Living (413 sqft): Private and spacious 1-bedroom, 1-bath suite.
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.
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- C13823888
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 700-799 sq ft
- Cross streets
- St Nicholas/St Mary
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $520/mo
- Exposure
- West
- Property tax
- $4,300 / 2026
- Days on market
- 25
- Listing brokerage
- HOMELIFE NEW WORLD REALTY INC.
Rooms
combined w/living · combined w/kitchen · laminate
combined w/dining · combined w/kitchen · w/o to balcony
juliette balcony · west view
laminate · large window
Listed at $1,268,000, about 111% above our estimate of $600K (homes like it typically land between $558K and $631K). A gap this wide is more often a limit of an automated estimate than a fact about the home, so treat the figure as a starting point, not a verdict.
Total price vs nearby homes. Fair value about $600K, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $1,692/sqft against an area asking average of $744/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.72M. Condition and finishes remain an in-person call.
Schools & getting aroundcatchment and transit
Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 5 comparable homes that sold in Bay Street Corridor over the past two years, from 5 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $600K, which is where my estimate comes from.
Per square foot, these ask about $923/sqft; this home lists at $1,692/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $702K | 150 |
| November 2025 | $709K | 130 |
| December 2025 | $705K | 63 |
| January 2026 | $695K | 77 |
| February 2026 | $728K | 104 |
| March 2026 | $715K | 121 |
| April 2026 | $711K | 147 |
| May 2026 | $726K | 131 |
| June 2026 | $706K | 132 |
| July 2026 | $683K | 156 |
| August 2026 | $669K | 116 |
| September 2026 | $684K | 98 |
Neighbourhood & location
Bay Street Corridor, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,014,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,609
- Property tax
- $358
- Condo / maintenance fees
- $520
- Heating
- $0
- Estimated monthly cost
- $6,487
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,835
- Toronto municipal land transfer tax
- $21,835
- Estimated closing costs
- $43,670
Plus your down payment of $253,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $336,528
- Principal paid down
- $123,941
- Interest paid
- $212,587
- Balance remaining
- $890,459
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 8 whole-home leases in Bay Street Corridor signed at a median of $2,839 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,104. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.