8 Scollard Street, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Annex. Expertly crafted featuring premium brick and insulbrick construction, this residence presents an exceptional opportunity offered at $959,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
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 $1,052/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.
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Pricing & Value Insights
Data-driven valuation for 8 Scollard Street Ph 201, Toronto C02, ON M5R 1E9
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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 $959,000 in Toronto, the legal minimum down payment is $70,900 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 $15,655 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,655 also applies, bringing the total estimated land transfer taxes to $31,310.
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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.
