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Unit 303 at The Lotus Condos

Sold

8 Scollard Street 303, Toronto C02, ON M5R 1M2

MLS #C9351035

$722,000

Sold on December 1, 2024

December 1, 2024

Originally listed at $729,800 3 days on market

About This Property

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!

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($824/mo) and property tax ($3,705/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$973/sqft
Annex
$1,246/sqft-21.9%
Toronto C02
$1,291/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 750 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

700-799 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-1972
MLS Size700-799
Listed OnSep 15, 2024
Maintenance Fees$824/month
Property Tax$3,705/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Ground)4.91 x 3.7416.1 x 12.3-
Living Room(Ground)4.91 x 3.7416.1 x 12.3-
Dining Room(Ground)4.91 x 3.7416.1 x 12.3-
Dining Room(Ground)4.91 x 3.7416.1 x 12.3-
Kitchen(Ground)3.93 x 2.7412.9 x 9.0-
Kitchen(Ground)3.93 x 2.7412.9 x 9.0-
Primary Bedroom(Ground)3.69 x 2.5912.1 x 8.5-
Primary Bedroom(Ground)3.69 x 2.5912.1 x 8.5-
Den(Ground)2.52 x 2.168.3 x 7.1-
Den(Ground)2.52 x 2.168.3 x 7.1-

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Price History

Original List Price

$729,800

Listed on Sep 15, 2024

Sold Price

$722,000

Sold on Dec 1, 2024

-$7,800

-1.1%

3 days on market

Price History Available

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Available For Sale in This Building

OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameThe Lotus Condos
Address8 Scollard Street, Toronto C02
Parking TypeUnderground

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About Unit 303 at The Lotus Condos

Unit 303 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 700-799 square feet located at The Lotus Condos, 8 Scollard Street, Toronto C02. This unit is currently sold (sold for $722K).

About The Lotus Condos

The Lotus Condos is located at 8 Scollard Street, Toronto C02. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Annex Neighbourhood

This unit is located in Annex, part of Toronto C02 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at The Lotus Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 303 The Lotus Condos Toronto C02

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