88 Scott Street, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $588,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 0.0 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
Stunning suite with panoramic city views. Lots of natural light & sparkling city lights by night. West exposure. floor-to-ceiling bedroom windows. modern sleek kitchen w/breakfast bar & quality finishes. Den can be used as office space or guest bed. Ensuite Laundry. Proximity to Lake, Toronto islands, Transit- Union GO and UP airport express, core downtown to all top of the line restaurants and sports & entertainment arenas and financial district. The Condominium building has state-of-the-art amenities, which include: an Indoor swimming pool, Gym, an Exercise room, a party room with a BBQ Patio, a higher-floor two-level party lounge like a suspended deck facing the lake and city skyline. One locker included
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 88 Scott Street 2501, Toronto C08, ON M5E 0A9
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 $588,000 in Toronto, the legal minimum down payment is $33,800 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 $8,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,235 also applies, bringing the total estimated land transfer taxes to $16,470.
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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.
