121 Scollard Street, Toronto, ON
Property Highlights
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 $13,250,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 40 x 100 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Rare opportunity to own a freestanding luxury asset in the heart of Yorkville. The building is institutionally managed and has undergone a full renovation. The property is currently vacant as is 7,076 SF spanning over 4 floors with an elevator and parking in rear. Ideal for may uses such as luxury retail, high end office or medical.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 121 Scollard Street, Toronto C02, ON M5R 1G4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $13,250,000 in Toronto, the legal minimum down payment is $2,650,000 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 $317,725 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $317,725 also applies, bringing the total estimated land transfer taxes to $635,450.
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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.
