88 Scott St 4501
Church-Yonge Corridor, Downtown Toronto, M5E 0A9
FOR SALE
$689,000
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Property Description
Experience sophisticated living in this exquisite 1-bedroom plus den luxury condo, ideally located in the heart of downtown Toronto. This premium high-floor suite offers a smart layout with sought-after west-facing exposure and sweeping city views. The modern kitchen features sleek quartz countertops, built-in appliances, and a breakfast bar. With 10-foot ceilings and floor-to-ceiling windows, the space is flooded with natural light, showcasing the captivating city lights at night. The primary bedroom retreat includes two closets and balcony views. The den is perfect for a home office or guest room. Enjoy top-tier amenities, including a fully equipped gym, indoor infinity pool, sauna, and a stunning two-storey sky lounge with a rooftop terrace, ideal for entertaining. **EXTRAS** Steps from vibrant St. Lawrence Market, Berczy Park, and major attractions like Scotiabank Arena and Rogers Centre. With easy access to the PATH, Union Station, and King Subway, everything you need is at your fingertips.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-16 | 2025-01-06 | 82 | $699,000 | - | Terminated |
| 2022-06-19 | 2022-06-21 | 2 | $2,500 | $2,500 | Leased |
| 2022-05-25 | 2022-06-18 | 24 | $2,550 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,861 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.43' x 11.58' | Laminate, W/O To Balcony |
| Kitchen | Flat | 11.68' x 7.74' | Laminate, Open Concept |
| Br | Flat | 10.01' x 10.66' | Broadloom, His/Hers Closets |
| Den | Flat | 11.84' x 6.76' | Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
88 Scott St 4501 is a 1-bedroom 1-bathroom condo listed for sale at $689,000, which is $131,890 (23.7%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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