$849,000

For sale

#702 8 Scollard Street, Toronto (Annex) - Single Family for Sale

#702 8 Scollard Street, Toronto (Annex), Ontario, M5R1M2

2 beds2 baths1 parking$1,001/mo condo feeListed 202 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale. Listed at $849,000, it is attractively priced about 17% below the $1,029,000 median asking price in Toronto.

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Description

Stunning Urban Condo in the Heart of Yorkville! This bright and modern 2-bedroom unit offers luxurious city living just steps from the finest shopping, dining, and cultural experiences Toronto has to offer! Featuring wall-to-wall windows with sweeping NE views, this open-concept space is perfect for professionals seeking a high-end lifestyle. The kitchen boasts sleek counters and built-in stainless steel appliances, seamlessly blending into the spacious living area. Situated just steps from the Four Seasons, Yonge/Bloor subway station, and the University of Toronto, this condo provides unbeatable access to everything the city has to offer. Building amenities include a spa, fully-equipped gym, sauna, party room, and more. With 9 ceilings, laminate flooring.1 Parking Spot and 1 Locker included. This suite is the epitome of sophisticated urban living. (id:66096)

Property Details

MLS®: C13009570
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,001/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $4,532.06/yr
Listed: 202 days ago

Features

Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

202d

Toronto (Annex) listings, avg age

58d

List price

$849K

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 2-bed single family in Toronto (Annex) 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 PROPERTY.CA INC. · ARYEH ALTMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5R)

This home lists at $849,000, about 9.9× the local median household income of $86,000.

Carrying it typically needs a household income of about $165,839 (20% down, 25-yr amortization, stress-tested) — roughly 93% above the area median.

Median household income: $86,000
Population: 26,197
Median age: 42
Owner / renter: 39% / 61%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5R)

$849,000

For sale

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Full Cost Breakdown

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Down Payment7.06% · $59,900.00

Min 7.06%50%

Mortgage payment$4,375/mo

↳ CMHC premium ($31,564 capitalized)

Property tax (est.)$378/mo

Condo fee$1,001/mo

Total monthly$5,753

Cash Needed to Close

Down payment (7.06%)$59,900

Land transfer tax$26,910

Est. closing costs$5,047

Total cash needed$91,857

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