75 St Nicholas Street TH1, Toronto, ON M4Y 0A5
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 café, 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.
- MLS number
- C13770144
- Type
- Commercial Retail
- Status
- Active
- Bedrooms
- 1
- Bathrooms
- 1
- Postal code
- M4Y 0A5
- Photos
- 19
- Property tax
- $4,450 / year
This home has been listed 3 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Commercial Retail
- Class
- Commercial
- Community
- Bay Street Corridor
- Municipality
- Toronto C01
- Cross street
- St Nicholas/St Mary
- Zoning
- UNIT 1, LEVEL 1, TORONTO STANDARD CONDOMINIUM PLAN
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Washrooms
- 1
- Kitchens
- 1
Parking
- Driveway spaces
- 0
Land
- Lot
- 0 × 0 feet
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Heat source
- Gas
- Cooling
- Yes
- Water
- Municipal
Listing
- MLS number
- C13770144
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-09-10
- Expires
- 2026-12-31
- Possession
- 2026-09-10
- Taxes
- $4,450 (2025)
- Board
- Toronto Regional Real Estate Board
Listing history
This address has been listed 3 times.
Where this home is
Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.
Matched to the building rather than the unit — every unit in a tower shares one coordinate.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
School boundaries this address is inside
Where these boundaries come from, and what they are worth
A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.
Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.
Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.
Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| St Joseph's College School Toronto CDSB | Secondary | 425 m | / 10 77% met the standard · 2 of 6 measures |
| Native Learning Centre Toronto DSB | Secondary | 717 m | Not reported |
| Church Street Junior Public School Toronto DSB | Elementary | 737 m | / 10 73% met the standard |
| Msgr Fraser College (Isabella Campus) Toronto CDSB | Secondary | 807 m | Not reported |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 793 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35204598 — the few blocks around this address, home to 793 people. It describes the area, not this property.
Percentages are of the 665 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
Monthly rent starts from the median of recent leases in this building. Change it to anything you like.
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.
What’s being built nearby
Planning applications within 500 m — 8 still in progress.
Zoning By-law Amendment to permit a self-storage warehouse use on floors 2-5 (formely The Bay retail space). The existing ground floor retail unit will be maintained. Access for loading and parking will be from Asquith Avenue.…
City planning file →This application proposes to amend the Zoning By-law to permit a residential building with a height of 228.5 metres (69 storeys, inclusive of the mechanical penthouse), reflecting changes to the built from the original application (File No. 22-153992).
City planning file →The application proposes to amend the Zoning By-law to permit a 75-storey mixed-use building (250.5 metres including mechanical penthouse) containing 92 square metres of ground floor retail space, 1,064 square metres of office space, and 843 dwelling units, in…
City planning file →Draft Plan of Condominium Application for North Tower B with 760 residential units proposed.
City planning file →An application for Draft Plan of Condominium. The application proposes to create 378 residential units.
City planning file →Official Plan & Zoning By-law Amendment to not replace the required office space and instead permit a minimum 1,815 m2 of non-residential space and/or affordable rental housing in a proposed 62-storey predominantly residential development.…
City planning file →Proposed 31-storey (107.9 metres) purpose-built rental building and the restoration and adaptive reuse of the heritage building at 50 Park Road, which is proposed to be integrated into the new development.…
City planning file →What these are
These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.
Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.
Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.
What this building rents and sells for
Closed transactions at 75 St Nicholas over the last 24 months — not estimates.
| Size | Median rent | Median price | Gross yield | Based on |
|---|---|---|---|---|
| 2 bed | $3,475/mo | $697,500 | 6.0% | 42 leases · 7 sales |
| Studio | $1,950/mo | $362,500 | 6.5% | 41 leases · 6 sales |
| 1 bed | $2,400/mo | $498,000 | 5.8% | 81 leases · 5 sales |
| All sizes | $2,400/mo | $524,000 | 5.5% | 164 leases · 18 sales |
How this is calculated
Every figure is a transaction that actually closed in this building, taken from the board’s records over the last 24 months. Rents and prices are medians, not averages, so a single penthouse sale does not distort the picture. Rows appear only where there were at least 3 leases and 3 sales of that size.
Rent and price are matched by bedroom count on purpose. Dividing a one-bedroom’s rent by a three-bedroom’s price would produce a yield for a home that does not exist.
This is a gross yield. Annual rent divided by price, with nothing deducted — no condo fees, property tax, insurance, vacancy, maintenance or financing. A net figure would depend on assumptions particular to a buyer, and inventing those on your behalf would make the number look more precise than it is. Expect the net return to be materially lower.
Source: closed transactions reported to the Toronto Regional Real Estate Board.