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Property Description
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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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-11-10 | 2020-11-22 | 12 | $649,000 | $645,000 | Sold |
| 2020-10-20 | 2020-11-10 | 21 | $649,000 | - | Terminated |
| 2020-10-05 | 2020-10-20 | 15 | $658,000 | - | Terminated |
| 2020-09-01 | 2020-10-05 | 34 | $679,000 | - | Terminated |
| 2020-08-06 | 2020-09-01 | 26 | $699,900 | - | Terminated |
Extras
A rarely-owned parking space in the heart of Yorkville! Quartz countertops, custom kitchen cabinetry, and custom-built closet organizers throughout.
Nearby Intersections
Yonge & Bloor (468)
Yonge & Davenport (119)
Bay & Yorkville (29)
Bloor & Avenue (371)
Bay & Bloor (484)
Property Features
Hospital, Library, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,705 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (Level C Unit 3)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 12.27' x 16.11' | Laminate, Open Concept, W/O To Balcony |
| Dining | Ground | 12.27' x 16.11' | Laminate, Breakfast Bar, Combined W/Living |
| Kitchen | Ground | 8.99' x 12.89' | Tile Floor, Stainless Steel Appl, Granite Counter |
| Prim Bdrm | Ground | 8.50' x 12.11' | Laminate, 4 Pc Ensuite, W/I Closet |
| Den | Ground | 7.09' x 8.27' | Laminate, Separate Rm, Open Concept |
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Toronto Market Statistics
Toronto Price Trend
8 Scollard St 303 is a 1-bedroom 1-bathroom condo listed for sale at $729,800, which is $163,723 (28.9%) higher than the average sold price of $566,077 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in Toronto declined by $8,316 (1.4%) compared to the previous 30 day period (July 20 - August 18) and down $49,628 (8.1%) from the same time one year ago.Inventory Change
There were 1,451 1-bedroom condos listed in Toronto over the last 30 days (August 19 - September 17), which is up 9.7% compared with the previous 30 day period (July 20 - August 18) and up 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Toronto typically sold ($9,285) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $81 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,356) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Toronto over the last 30 days (August 19 - September 17) stood at 35.1%, down from 35.4% over the previous 30 days (July 20 - August 18) and down from 36.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Toronto stood at 34 days when successfully sold over the last 30 days (August 19 - September 17), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Rare Real Estate
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