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Unit 703 at The Lotus Condos

Sold

8 Scollard Street 703, Toronto C02, ON M5R 1M2

MLS #C8433582

$850,000

Sold on February 5, 2025

February 5, 2025

Originally listed at $999,900 187 days on market

About This Property

Amazing corner unit, 2 bed, 2 bath with parking and a locker in the heart of Yorkville, boasting stunning unobstructed Southeast city views. This luxurious 7th-floor condo offers sweeping views of Yorkville and excellent location with close proximity to the neighbouring Four Seasons Hotel. Step into this exquisite corner suite featuring 925 sq ft plus a generous balcony, two spacious bedrooms, two full baths, parking, and a locker. Enjoy the primary bedroom complete with its own ensuite and spacious walk-in closet. The expansive floor-to-ceiling windows elegantly encapsulate the cityscape, complemented by hardwood floors and modern stainless steel appliances, enhancing the overall appeal of the space. Situated in the heart of Toronto's premier shopping, dining, and transportation hub, this condo epitomizes urban living at its finest.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($886/mo) and property tax ($4,302/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$1,081/sqft
Annex
$1,246/sqft-13.2%
Toronto C02
$1,291/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 925 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

925 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-1972
MLS Size900-999
Listed OnJun 11, 2024
Maintenance Fees$886/month
Property Tax$4,302/year

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Rooms

NameSize (m)Size (ft)Features
Dining Room(Main)6.4 x 4.621.0 x 15.1-
Dining Room(Main)6.4 x 4.621.0 x 15.1-
Living Room(Main)6.4 x 4.621.0 x 15.1-
Living Room(Main)6.4 x 4.621.0 x 15.1-
Kitchen(Main)2.74 x 2.79.0 x 8.9-
Kitchen(Main)2.74 x 2.79.0 x 8.9-
Primary Bedroom(Main)4 x 3.413.1 x 11.2-
Primary Bedroom(Main)4 x 3.413.1 x 11.2-
Bedroom 2(Main)3 x 2.759.8 x 9.0-
Bedroom 2(Main)3 x 2.759.8 x 9.0-
Bathroom(Main)1.5 x 1.54.9 x 4.9-
Bathroom(Main)1.5 x 1.54.9 x 4.9-
Bathroom(Main)1.5 x 1.54.9 x 4.9-
Bathroom(Main)1.5 x 1.54.9 x 4.9-

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Unit 703 History

Complete transaction history for this unit

Expired

Listed: Oct 20, 2024

$895,000

62 days on marketSale
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3 More Transactions Available

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Price History

Original List Price

$999,900

Listed on Jun 11, 2024

Sold Price

$850,000

Sold on Feb 5, 2025

-$149,900

-15.0%

187 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 703 at The Lotus Condos

Unit 703 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 900-999 square feet located at The Lotus Condos, 8 Scollard Street, Toronto C02. This unit is currently sold (sold for $850K).

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 703 The Lotus Condos Toronto C02

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