Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Annex. Expertly crafted featuring premium concrete and brick construction, this residence presents an exceptional opportunity offered at $399,000 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.
Discover the perfect blend of location, convenience, and lifestyle in this stylish studio suite situated in one of Toronto's most sought-after neighbourhoods. Located on the edge of Yorkville, this residence places you just steps from world-class shopping, dining, cafés, and entertainment along Bloor Street and Yorkville Avenue.The thoughtfully designed suite features full-sized kitchen appliances, in-suite laundry, modern finishes, and an efficient layout that maximizes every square foot. Ideal for first-time buyers, students, or young professionals looking to enjoy the best of downtown living.Enjoy unparalleled access to the University of Toronto, Queen's Park, the Royal Ontario Museum, and Yonge-Bloor Station, connecting you seamlessly to both subway lines. Residents also benefit from premium building amenities including a 24-hour concierge, fitness centre, and party room.
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Public Transit, School, Park, Library
Carpet Free
Concierge/Security
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 8 Scollard Street 1408, Toronto, ON M5R 1E9
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 $399,000 in Toronto, the legal minimum down payment is $19,950 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 $4,460 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,460 also applies, bringing the total estimated land transfer taxes to $8,920.
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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.