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Unit 609 at The Lotus Condos

Sold

8 Scollard Street 609, Toronto C02, ON M5R 1M2

MLS #C8137888

$415,000

Sold on June 27, 2024

June 27, 2024

Originally listed at $448,000 86 days on market

About This Property

Upscale living in the heart of prestigious Yorkville in Annex neighbourhood. Stylish studio suite. Steps to exquisite retail stores & gourmet restaurants. Close proximity to library, subway/TTC lines,. Open balcony and a locker (2/F Mezzanine #17). Ideal for executives & professionals.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($500/mo) and property tax ($1,992/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$1,120/sqft
Annex
$1,246/sqft-10.1%
Toronto C02
$1,291/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 400 sqft.

Property Details

Bathrooms

1

Square Feet

0-499 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeUnderground
LockerNo
Heating TypeFan Coil
StyleBachelor/Studio
Ensuite LaundryYes
Corp #TSCC-1972
MLS Size0-499
Listed OnMar 12, 2024
Maintenance Fees$500/month
Property Tax$1,992/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Flat)4.37 x 3.214.3 x 10.5-
Living Room(Flat)4.37 x 3.214.3 x 10.5-
Dining Room(Flat)---
Dining Room(Flat)---
Kitchen(Flat)2.86 x 2.59.4 x 8.2-
Kitchen(Flat)2.86 x 2.59.4 x 8.2-

Room Dimensions Available

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Unit 609 History

Complete transaction history for this unit

Leased

Leased: Jul 31, 2024

$2,000/mo

-$100 (-4.8%)

Listed: $2,10010 days on marketLease
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Price History

Original List Price

$448,000

Listed on Mar 12, 2024

Sold Price

$415,000

Sold on Jun 27, 2024

-$33,000

-7.4%

86 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 609 at The Lotus Condos

Unit 609 is a residential condo & other, 1 bathroom spanning approximately 0-499 square feet located at The Lotus Condos, 8 Scollard Street, Toronto C02. This unit is currently sold (sold for $415K).

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 609 The Lotus Condos Toronto C02

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