88 Scott St 501
Church-Yonge Corridor, Downtown Toronto, M5E 0A9
FOR SALE
$824,900
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BEDROOMS1
BATHROOMS1
KITCHENS5
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Property Description
A home that makes a statement. Part of the Loft Collection, the unit features soaring 12-foot ceilings and five huge windows to match, creating an expansive and dramatic space. It's a quiet and private corner unit with just one neighbour on the east wall, far from the living area/main bedroom. The unit has only been lived in by the current owner who has kept it in immaculate condition. Large closets/tall built-in cabinetry offer tons of storage, as does the Storage Locker. Primary bedroom comfortably fits a king-sized bed as pictured. Light fixtures/window coverings incl. (roller shades on all windows). Built-in oven/range, microwave, fridge, dishwasher, washer/dryer (all in excellent condition). Class leading amenities: gym, indoor pool, sauna / steam, billiards, cinema, lush terrace, multiple entertainment spaces (6/46/47th floors) Location speaks for itself! A new entrance to King TTC/PATH right below the unit and renewed Wellington streetcar service are nearing completion! 857 sqft
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-02 | 2024-01-31 | 121 | $849,000 | - | Expired |
| 2023-09-09 | 2023-10-01 | 25 | $900,000 | - | Suspended |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,805 (2023)
Basement
None
Exterior
Concrete, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
88 Scott St 501 is a 2-bedroom 1-bathroom condo listed for sale at $824,900, which is $51,932 (6.7%) higher than the average sold price of $772,968 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $14,819 (1.9%) compared to the previous 30 day period (July 20 - August 18) and down $18,011 (2.3%) from the same time one year ago.Inventory Change
There were 1,343 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 19.8% compared with the previous 30 day period (July 20 - August 18) and up 5.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,777) (2.2%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,507 increase compared to the previous 30 day period (July 20 - August 18) and ($10,656) 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 2-bedroom condos in Downtown Toronto over the last 30 days (August 19 - September 17) stood at 32.7%, down from 38.8% over the previous 30 days (July 20 - August 18) and up from 32.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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