Toronto Real Estate News for Yonge Bloor Yorkville: The Weir Team reveals real estate property values at 75 St Nicholas, The Nicholas Residences
Cameron and Scott have bought and sold many suites in the area. Here is a look at just a few of the neighbourhood condos we’ve sold for amazing profits for our sellers:
And click HERE to see all of the latest condos the Cameron Weir and Scott Hanton have sold.
Cameron Weir and Scott Hanton, GTA realtors with The Weir Team are proud to work with the best real estate agents in Toronto and Durham Region. The Weir Team started out years ago in downtown Toronto’s Bloor Yorkville neighbourhood. Cameron and Scott set price records and raised the standards for buying and selling a condo on Toronto streets like Bloor Street, Hayden Street, Charles Street East, Balmuto Street, Bay Street and more.
The Weir Team has years of experience in resale condos and pre-construction condos. Both Cameron and Scott own condos in Bloor Yorkville and are obviously interested in seeing property values continue to rise. The many new pre-construction project in the area have caused much real estate concern, especially among condo owners who will lose a once prized view. However views are not protected in Toronto. So we need to keep an eye on condo resale values and rising real estate property values for condos in the Yonge and Bloor area.
Among many new condo towers in the area is the midrise building, 75 St Nicholas, tucked away on a relatively quiet neighbourhood street, steps away from the bustling Yonge Street, Bay Street and two Toronto subway lines. The building and suites at The Nicholas Residences turned out beautifully and we want to make sure condo resale values at 75 St Nicholas continue to rise. This is condo corporation TSCC 2444.
Let’s take a look at average selling prices at The Nicholas Residences so that we can keep track of how values are changing in this particular building with its approximately 308 residential suites.
For specific details on any exposure, floor or suite number, make sure to contact Scott Hanton or Cameron Weir directly.
In April 2016, here are the selling prices of condos at 75 St Nicholas Street in downtown Toronto.
On a lower level at The Nicholas Residences, a bachelor suite was sold for $305,000. The sale did not include a parking spot nor a storage locker. This unit was about 429 square feet with an additional 47 square feet for the east-facing balcony.
On another low floor at 75 St Nicholas Street, a one bedroom suite sold for $415,000. This suite faced north east and did not come with an underground parking space nor a storage unit.
On a higher floor at 75 Saint Nicholas Street, a one bedroom suite sold for $443,000. This condo unit was about 559 square feet. No parking and no locker were included.
On a low floor, a one bedroom suite sold for $445,000. This suite was about 594 square feet and had a northwest exposure, with a balcony that added another 125 square feet. The owner included a storage locker with the sale but no underground parking spot at 75 St Nicholas Street.
About half way up the condo building at 75 St Nicholas, a one bedroom suite sold for $480,000. This suite was also 594 square feet but this sale included a parking spot.
And near the top of the condo tower at 75 St Nicholas, a two bedroom, two bathroom suite sold for $725,000. A storage locker and parking space was included with the sale of this south-facing suite.
We’ll keep an eye on property values at 75 St Nicholas as the years go on. If you’re an owner at The Nicholas Residences, we look forward to being your best choice when you’re ready to sell your suite at 75 St Nicholas or at any downtown Toronto condo tower. We’re at your service.
Written by Scott Hanton, real estate Broker for The Weir Team, proud to be among the best real estate agents in Toronto for resale condos and houses.