88 Scott St 502
Church-Yonge Corridor, Downtown Toronto, M5E 0A9
FOR SALE
$640,000
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BEDROOMS1
BATHROOMS1
KITCHENS4
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Property Description
Welcome to 88 Scott, Toronto's most luxurious condo, located in the heart of the Financial District. This bright and spacious 1+1 bedroom unit offers 690 sqft of living space, boasting high-quality finishes and top-of-the-line appliances. Situated just steps away from King Stations, St. Lawrence Market, Berczy Park, Harbor front, ACC, theaters, restaurants, and the Underground Path, this residence provides stylish and convenient downtown living. Indulge in the amazing amenities this building has to offer, including a fully-equipped gym, media room, indoor pool, 24-hour concierge service, rooftop terrace, party/meeting room, and a comfortable lounge area. Experience the epitome of luxury and enjoy the vibrant cityscape from the comfort of your own home at 88 Scott. Don't miss out on this exceptional opportunity to live in one of Toronto's most prestigious addresses.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-16 | 2024-04-29 | 13 | $2,600 | - | Terminated |
| 2024-04-16 | 2024-04-29 | 13 | $650,000 | - | Terminated |
| 2024-03-31 | 2024-04-16 | 16 | $2,800 | - | Terminated |
| 2024-03-15 | 2024-04-16 | 32 | $670,000 | - | Terminated |
| 2023-05-30 | 2023-08-29 | 92 | $799,999 | - | Expired |
| 2022-06-17 | 2022-10-31 | 136 | $759,000 | - | Expired |
| 2022-04-11 | 2022-06-16 | 66 | $789,000 | - | Terminated |
| 2021-04-30 | 2021-07-09 | 70 | $1,800 | $1,800 | Leased |
| 2019-05-06 | 2019-05-28 | 22 | $2,350 | $2,350 | Leased |
| 2019-02-12 | 2019-03-15 | 30 | $2,400 | $2,400 | Leased |
Extras
B/I Fridge, B/I Oven, B/I Cooktop, B/I Dishwasher, Washer, Dryer. All Wdw Cov, Elfs.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$1,609 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.01' x 13.29' | Combined W/Dining, Window, Laminate |
| Dining | Flat | 10.99' x 11.61' | Combined W/Kitchen, Window, Laminate |
| Kitchen | Flat | 10.99' x 11.61' | Combined W/Living, Stainless Steel Appl, Laminate |
| Br | Flat | 9.61' x 12.89' | W/I Closet, Large Window, Laminate |
| Den | Flat | 7.91' x 8.01' | Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
88 Scott St 502 is a 1-bedroom 1-bathroom condo listed for sale at $640,000, which is $40,125 (6.7%) higher than the average sold price of $599,875 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $4,762 (0.8%) compared to the previous 30 day period (March 15 - April 13) and down $30,572 (4.8%) from the same time one year ago.Inventory Change
There were 2,111 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 75.9% compared with the previous 30 day period (March 15 - April 13) and up 76.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,857) (1.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $738 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,653) 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 Downtown Toronto over the last 30 days (April 14 - May 13) stood at 28.7%, down from 54.9% over the previous 30 days (March 15 - April 13) and down from 69.0% 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 Downtown Toronto stood at 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Kennect Realty
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