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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Annex. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $729,800 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.
This meticulously renovated 1-bedroom plus den condo at The Lotus Condos at 8 Scollard St., Toronto, boasts an array of high-end upgrades. The kitchen has been completely transformed with quartz countertops, creating a sleek, durable workspace. It features an upgraded modern cabinetry system with soft-close drawers, providing ample storage and a refined look. The stainless-steel appliances blend seamlessly with the kitchens contemporary design, offering a sophisticated cooking experience. Custom built-ins throughout, maximize both storage and aesthetics. Every closet is outfitted with built-in closet organizers, ensuring that storage space is utilized efficiently while maintaining the units clean, minimalist design. Popcorn ceilings have been replaced with smooth, modern finishes, giving the entire condo a bright and open atmosphere. These enhancements make the space feel new, functional, and perfect for urban living in Yorkville. The building itself is set in one of Torontos most desirable areas. Just steps away from Bloor-Yonge subway station, upscale shops, restaurants, and cultural attractions such as the Royal Ontario Museum are within easy reach. Just around the corner is Othership, a unique sauna and breathwork studio known for its immersive wellness practices. The Lotus is known for its stylish rounded glass facade and offers residents top-tier amenities like a concierge, gym, party room, and guest suites. A rarely-owned parking space and locker also come with this prime property, adding extra convenience to city living. Don't miss this opportunity!
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Hospital, Library, Park, Public Transit
Guest Accommodations, Storage
Concierge/Security, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 8 Scollard Street 303, Toronto C02, ON M5R 1M2
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 $729,800 in Toronto, the legal minimum down payment is $47,980 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 $11,071 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,071 also applies, bringing the total estimated land transfer taxes to $22,142.
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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.