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    for sale
    39 Days on Strata

    702 - 8 Scollard St

    The Lotus
    $849,000
    2 Beds
    2 Bath
    1 Parking
    900 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Maintenance Fees:
    $1,001/mth
    Taxes:
    $4,299 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $943/sqft
    Outdoor Space:
    Balcony
    Locker:
    Owned
    Possession Date:
    TBD
    Exposure:
    North East

    Amenities

    Guest Suites
    Concierge
    Gym
    Party Room
    Sauna

    About this Listing

    Stunning Urban Condo in the Heart of Yorkville! This bright and modern 2-bedroom unit offers luxurious city living just steps from the finest shopping, dining, and cultural experiences Toronto has to offer! Featuring wall-to-wall windows with sweeping NE views, this open-concept space is perfect for professionals seeking a high-end lifestyle. The kitchen boasts sleek counters and built-in stainless steel appliances, seamlessly blending into the spacious living area. Situated just steps from the Four Seasons, Yonge/Bloor subway station, and the University of Toronto, this condo provides unbeatable access to everything the city has to offer. Building amenities include a spa, fully-equipped gym, sauna, party room, and more. With 9 ceilings, laminate flooring.1 Parking Spot and 1 Locker included. This suite is the epitome of sophisticated urban living.

    property.ca inc.MLS® #C12470887

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Not Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Room dimensions are not available for this listing.

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore Yorkville

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    16,960
    Average Individual Income
    $62,918
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $103,235
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    20%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    26%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    37%
    Detached
    30%
    Semi Detached
    16%
    Low Rise Apartment
    11%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    76%
    Mandarin
    11%
    Cantonese
    7%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Armenian
    1%
    Korean
    1%
    Education
    University and Above
    39%
    High School
    23%
    College
    16%
    None
    13%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Building Trends At The Lotus

    Days on Strata

    Units at The Lotus spend an average of
    90
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Yorkville

    Turnover of Units

    On average, each unit is owned for
    6.7
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    28th
    Highest price per SQFT out of 71 condos in the Yorkville area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    16
    Units were Rented over the past twelve months

    Best Value Rank

    The Lotus offers the
    ?
    best value out of 71 condos in the Yorkville neighbourhood

    Appreciation Rank

    The Lotus has the
    ?
    highest ROI out of 71 condos in the Yorkville neighbourhood

    Rental Yield

    The Lotus yields the
    ?
    highest rent prices out of 71 condos in the Yorkville neighbourhood

    High Demand

    The Lotus is the
    ?
    most popular building out of 71 condos in the Yorkville neighbourhood

    Market Insights

    Transaction Insights at The Lotus

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$430,000$622,000 - $625,000$850,000No Data
    Avg. Cost Per SqftNo Data$881$1,030$1,080No Data
    Avg. Wait for Unit Availability205 Days319 Days114 Days825 Days466 Days
    Ratio of Units in Building24%15%43%15%6%

    Market Inventory

    Total number of units listed and sold in Yorkville