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New3 hours ago

1609 - 88 Scott Street

Church-Yonge Corridor, Toronto

$1,388,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

This luxurious two-bedroom, two-washroom unit at 88 Scott is a true standout: a southeast-facing corner suite with a wrap-around terrace unlike any other space in the building. Clear views of Berczy Park and the morning sun create an incredibly bright, airy feel throughout, while thoughtful landscaping and extra-tall windows make the terrace a seamless extension of the interior-the rare feeling of an urban oasis with no direct neighbours. Excellent consideration given to upgrades throughout, and no other unit of this kind exists in the building. This spectacular 16th-floor condo is high enough to give privacy and close enough to the city to feel connected. A short stroll from St. Lawrence Market, the subway, the GO train, and UP Express (ideal for the frequent traveller) - not to mention the ease of walking to work in the downtown core. This is the perfect downtown pied-à-terre. A central hub for all the arts and culture that the city has to offer, from concerts, symphony, theatre, and sporting events.88 Scott offers more modern amenities than you might imagine: 24-hour concierge, indoor swimming pool, gym, cardio room, party room, pool table, and a terrace with barbecues. This is a fantastic building to entertain, socialize, and build community in, with amenities that feel more like a spa than a condo building. This is the future of Toronto living - and the parking space is wired for an EV. Custom cabinetry in the hallway cove, easily converted back to office space.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size1000-1199 sq. ft.
Maintenance Fees$1,047
LockerOwned
BalconyTerrace
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$5,732
mls© NumberC13752848
Listed ByCHESTNUT PARK REAL ESTATE LIMITED
CAC Included
Common Elements Included
Parking Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,104
Property tax
$478
Heat allowance
$150
Condo fees, half counted
$524
Housing costs
$8,256 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $277,600
25-yr amortization

Income needed

$254,000

gross annual household income

Payment at 4%
$5,841 / mo
Cash down
$277,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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