8 Scollard Street Unit 1009, Toronto C02

Price: $449,800

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13017424

Welcome to the heart of Yorkville. This exceptional residence offers one of the largest studio layouts in the building, featuring soaring 9 ft ceilings and a bright, open-concept design. Finishes include laminate flooring throughout, granite countertops, a mirrored backsplash, and stainless steel kitchen appliances. This unit also includes a rare combination of an individual locker and parking space for added convenience and value. Residents enjoy 24-hour concierge service and unmatched access to Toronto's premier arts, cultural, shopping, and academic destinations. Steps to TTC subway lines and the University of Toronto, this location offers outstanding walkability and urban connectivity. The building, The Lotus, is ideally situated beside Frank Stollery Parkette, where Davenport Road, Scollard Street, and Yonge Street meet, offering a peaceful contrast to the vibrant city core. Move-in ready, bright, and meticulously maintained. Amenties of The Lotus: 24 hrs concierge, Gym and yoga room, Spa facilities on the 8th floor, furnished guest suite, party room, Pet: 2 household pets permitted per unit. Move-in ready, bright, and clean.

8 Scollard Street Unit 1009 - Condo photo 1 of 21 in Annex / Yorkville / Summerhill, Ontario
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$449,800 - 8 Scollard Street Unit 1009, Yorkville

Condo for Sale in Yorkville

58 days on market
0Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13017424
Property Type
Condo
Status
active
Days on Site
58
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Annex / Yorkville / Summerhill
Locker
Owned
Exposure
North
Balcony
Terrace
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

Welcome to the heart of Yorkville. This exceptional residence offers one of the largest studio layouts in the building, featuring soaring 9 ft ceilings and a bright, open-concept design. Finishes include laminate flooring throughout, granite countertops, a mirrored backsplash, and stainless steel kitchen appliances. This unit also includes a rare combination of an individual locker and parking space for added convenience and value. Residents enjoy 24-hour concierge service and unmatched access to Toronto's premier arts, cultural, shopping, and academic destinations. Steps to TTC subway lines and the University of Toronto, this location offers outstanding walkability and urban connectivity. The building, The Lotus, is ideally situated beside Frank Stollery Parkette, where Davenport Road, Scollard Street, and Yonge Street meet, offering a peaceful contrast to the vibrant city core. Move-in ready, bright, and meticulously maintained. Amenties of The Lotus: 24 hrs concierge, Gym and yoga room, Spa facilities on the 8th floor, furnished guest suite, party room, Pet: 2 household pets permitted per unit. Move-in ready, bright, and clean.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,307.71/mo

Includes CMHC insurance ($12,549)

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5-yr fixed avg.

Principal: $404,820Interest: $274,943
Mortgage Amount$417,369
Total Interest$274,943
Est. Property Tax$319/mo
Total Cost$692,312

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Annex / Yorkville / Summerhill

Discover Annex / Yorkville / Summerhill

Annex / Yorkville / Summerhill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Annex / Yorkville / Summerhill

  • Convenient location in Annex / Yorkville / Summerhill
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Annex / Yorkville / Summerhill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

8 Scollard Street Unit 1009, Annex / Yorkville / Summerhill

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$319
Insurance (est.)-$94
Net Cash Flow+$1,372

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Negotiation Opportunity

At 58 days on site, this property has exceeded the typical selling timeline for Yorkville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    8 Scollard Street Unit 1009 | $449,800 | Battaglia Team