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New4 hours ago

503 - 1315 Bay Street

Annex, Toronto

$1,375,000

Condo Apartment|Apartment
2 | 1 | 1 | 0
About this home

Experience Luxury Living At 50 Scollard, An Exclusive 41-Storey Residence In The Heart Of Prestigious Yorkville. This Brand New, Never-Lived-In 2 Bedroom Suite Offers Approximately 835 Sq. Ft. Of Thoughtfully Designed Living Space, Featuring 10-Ft Smooth Ceilings, A Bright Open-Concept Layout, Modern Finishes, And Beautiful Park Facing Clear Views. Designed With Comfort And Elegance In Mind, This Residence Offers A Perfect Balance Of Style, Functionality, And Privacy. ONE VALET PARKING INCLUDED. Home To Just 147 Exclusive Residences, 50 Scollard Offers An Exceptional Collection Of Luxury Amenities, Including 24-Hour Valet Service, Chauffeured House Car, Indoor/Outdoor Pool, Fitness Centre Overlooking Bay Street, Yoga Studio, Sauna, Steam Room, Resident Lounge, Private Dining And Wine Room, Executive Boardroom, On-Site Restaurant, Pet Spa, Car Wash Facility, And Porter Services. Professionally Managed By The Forest Hill Group. Ideally Located Steps From Yorkville's Finest Boutiques, Upscale Restaurants, Cafes, Parks, Cultural Attractions, And TTC. Enjoy The Convenience Of City Living With The Comfort And Exclusivity Of One Of Toronto's Most Prestigious Addresses. Building And Amenities Are Currently Under Construction, With Completion Anticipated In 2027. Maintenance and Taxes are TBA.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNew
Size800-899 sq. ft.
LockerNone
BalconyNone
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax---
mls© NumberC14139034
Listed ByHOMELIFE/MIRACLE REALTY LTD
Common Elements Included
Building Insurance Included

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$7,038
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$7,188 / mo

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

Down payment20% · $275,000
25-yr amortization

Income needed

$221,000

gross annual household income

Payment at 4%
$5,786 / mo
Cash down
$275,000

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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