Welcome to this remarkable commercial retail located in the coveted neighborhood of Annex. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $9,500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
**LOCATION** Rare opportunity to own a prestigious mixed-use building in the heart of Yorkville, Toronto's premiere luxury district. Positioned on the sunny North side of Scollard Street between Bay Street and Hazelton Avenue, this property offers exceptional visibility, presence, and accessibility. A distinguished business address surrounded by leading professional firms, luxury retailers, fine dining, and some of Toronto's most recognized commercial and residential properties. **ZONING** Commercial-Residential mixed-use zoning provides exceptional flexibility for a wide range of professional, commercial, residential, live-work, or investment applications. **BUILDING** Situated on a generous 26' x 73' lot, the property features over 6,200 sq. ft. of interior space across four levels. Custom-built with brick and steel construction, the building offers a level of quality and durability rarely found in the area. Additional features include five HVAC units (three commercial and two residential) and three skylights on the third floor that provide abundant natural light. **USES** An ideal opportunity for a law firm, architectural or design practice, consulting company, family office, or other professional users seeking a premium Yorkville presence. The mixed-use configuration also offers excellent live-work flexibility and long-term investment potential in one of Toronto's most sought-after neighbourhoods.
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Data-driven valuation for 112 Scollard Street, Toronto C02, ON M5R 0A1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $9,500,000 in Toronto, the legal minimum down payment is $1,900,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $223,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $223,975 also applies, bringing the total estimated land transfer taxes to $447,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.