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Unit 411 at The Lotus Condos

Sold

8 Scollard Street 411, Toronto C02, ON M5R 1M2

MLS #C8335954

$415,000

Sold on August 15, 2024

August 15, 2024

Originally listed at $439,800 62 days on market

About This Property

A spacious studio in the Heart of Yorkville! A Beautifully maintained, Upscale & Stylish condo. Very well managed building. High walk & transit scores. Price includes a storage locker, S/S full-size kitchen appliances, stacked washer/dryer. Open balcony. 24-hr concierge, 8'6" high ceilings. Walking distance to two subway stations. Steps to Canada's most exclusive & fashionable retail stores, Universities, fantastic Toronto restaurants & bars, 5-star hotels. Best price for a studio in Yorkville! A deal not to be missed!

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
$885/sqft
Annex
$1,246/sqft-29%
Toronto C02
$1,291/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 497 sqft.

Property Details

Bathrooms

1

Square Feet

497 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeNone
LockerYes
Heating TypeHeat Pump
StyleApartment
Ensuite LaundryYes
Corp #TSCC-1972
MLS Size0-499
Listed OnMay 13, 2024
Maintenance Fees$500/month
Property Tax$1,992/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Flat)4.4 x 3.2314.4 x 10.6-
Living Room(Flat)4.4 x 3.2314.4 x 10.6-
Dining Room(Flat)---
Dining Room(Flat)---
Kitchen(Flat)2.4 x 1.857.9 x 6.1-
Kitchen(Flat)2.4 x 1.857.9 x 6.1-

Room Dimensions Available

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Unit 411 History

Complete transaction history for this unit

Terminated

Listed: Apr 28, 2025

$1,875/mo

6 days on marketLease
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2 More Transactions Available

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Price History

Original List Price

$439,800

Listed on May 13, 2024

Sold Price

$415,000

Sold on Aug 15, 2024

-$24,800

-5.6%

62 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 TypeNone

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About Unit 411 at The Lotus Condos

Unit 411 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 411 The Lotus Condos Toronto C02

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