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$989,000
Toronto
#Ph 201 8 Scollard Street, Toronto (Annex), Ontario, M5R1E9
This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $989,000, it is attractively priced about 6% below the $1,049,995 median asking price in Toronto. It has been on the market 5 days, fresher than the Toronto average of 58 days.
Penthouse living on one of Yorkville's most sought-after streets. This 1,080 sq ft suite sits at the top of a boutique building on Scollard Street, two blocks from Yonge/Bloor subway and surrounded by the best the city has to offer. True 10-foot ceilings throughout, a smart split-bedroom layout that gives both bedrooms genuine privacy, and an 87 sq ft east-facing terrace with unobstructed views over the Rosedale Valley. Inside, the suite is well-configured: an open living and dining area with floor-to-ceiling windows, a full kitchen, two four-piece bathrooms, and a den with a window that comfortably functions as a third bedroom or dedicated home office. The walk-in closet off the primary bedroom adds practical storage that most units at this size lack. Ensuite laundry, central air conditioning, and a second north-facing balcony complete the picture. Maintenance fee of $1,260.28/month covers heat, water, central air conditioning, building insurance, and one underground parking space and locker, both owned. Property is currently tenanted - ideal for an investor seeking an income-generating Yorkville asset, or an end-user planning possession on a 60-89 day timeline. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 5 days on market, against an average age of 58 days across the listings currently for sale in this city
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.
This 3-bed single family in Toronto (Annex) has been listed for 5 days, which is 53 days fresher than the city average of 58. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $989,000, about 11.5× the local median household income of $86,000.
Carrying it typically needs a household income of about $193,186 (20% down, 25-yr amortization, stress-tested) — roughly 125% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5R)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice