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    Toronto / Downtown / Yorkville

    305 - 8 Scollard St

    For SaleThe Lotus
    $618,000
    1 Bed + 1
    1 Bath
    0 Parking
    583 SQFT
    7 Days on Strata
    Est Sell Timeframe
    29 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $582/mth
    Taxes:
    $2,740 (2024)
    Cost Per Sqft:
    $1,060/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    South
    Possession Date:
    Immediately/TBA
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Window
    19.92 x 10.66ft
    Dining
    Laminate, Combined with Living
    19.92 x 10.66ft
    Prim Bdrm
    Laminate, Large Closet, Window
    12.99 x 8.17ft

    About this Listing

    Location, Location, Location, Yorkville, Yorkville: Welcome To 305-8 Scollard St. (583 sqft), very functional layout. Beautiful & mint condition 1 Bedroom Suite + Office/Den. Good size of Kitchen W/Granite Counters, Backsplash, Breakfast Bar, Stainless Steel Appliances (New Fridge and new Dishwasher) & New HVAC. New Paint. Enjoy Living In Toronto's Premiere Neighborhood "Yorkville" with 100 Walk Score, Steps To The Finest Shopping, high-end boutiques, designer stores, trendy Restaurants, U Of T, Parks & TTC/Subway. *** Excellent for own use or investment. Don't miss this excellent opportunity to own a 1+Den condo at a very low price and you can sell high in the future with a right timing.***

    ExtrasAll Existing Electrical Light Fixture, Stainless Steel Fridge (New), Stove, B/I Microwave, B/I Dishwasher (New). Washer/Dryer, HVAC (Mar 2024) & All Existing Window Coverings.

    homelife broadway realty inc.MLS® #C9348055

    Amenities

    Security System
    Gym Room
    Concierge
    Indoor Parking
    Sauna
    Guest Suites

    Explore Neighbourhood

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    16,960
    Average Individual Income
    $62,918
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $103,235
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    20%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    26%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    37%
    Detached
    30%
    Semi Detached
    16%
    Low Rise Apartment
    11%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    76%
    Mandarin
    11%
    Cantonese
    7%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Armenian
    1%
    Korean
    1%
    Education
    University and Above
    39%
    High School
    23%
    College
    16%
    None
    13%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    The Lotus vs The Yorkville Area

    Building Trends At The Lotus

    Days on Strata

    Units at The Lotus spend an average of
    57
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Yorkville

    Turnover of Units

    On average, each unit is owned for
    6.9
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    25th
    Highest price per SQFT out of 56 condos in the Yorkville area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    20
    Units were Rented over the past twelve months

    Best Value Rank

    The Lotus offers the
    ?
    best value out of 56 condos in the Yorkville neighbourhood

    Appreciation Rank

    The Lotus has the
    ?
    highest ROI out of 56 condos in the Yorkville neighbourhood

    Rental Yield

    The Lotus yields the
    ?
    highest rent prices out of 56 condos in the Yorkville neighbourhood

    High Demand

    The Lotus is the
    ?
    most popular building out of 56 condos in the Yorkville neighbourhood

    Transaction Insights at 8 Scollard Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$415,000No Data$615,000 - $659,000No DataNo Data
    Avg. Cost Per Sqft$890No Data$1,040No DataNo Data
    Avg. Wait for Unit Availability189 Days207 Days92 Days697 Days543 Days
    Ratio of Units in Building25%14%43%16%4%

    Transactions vs Inventory

    Total number of units listed and sold in Yorkville