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    Toronto / Downtown / Yorkville

    1606 - 40 Scollard St

    For Sale40 Scollard
    $628,000
    Price Cut: $648,000
    1 Bed + 1
    1 Bath
    0 Parking
    700 SQFT
    64 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $802/mth
    Taxes:
    $2,545 (2023)
    Cost Per Sqft:
    $897/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    North
    Possession Date:
    September 15, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Hardwood Floor, Large Window
    19 x 16.34ft
    Dining
    Combined with Living, Hardwood Floor
    19 x 16.34ft
    Kitchen
    Tile Floor
    9.84 x 5.51ft

    About this Listing

    Enjoy this One plus Den unit, boasting almost 700 sqft of living space and located in the sought-after luxurious Yorkville neighbourhood. The open concept layout allows for plenty of space for living and entertaining with a dining/breakfast area and a large living room. In The Heart Of Prestigious Yorkville With A 100 Walk Score. Across From The Four Seasons Hotel Residences, Walking Distance To All High-End Shopping & Boutique Shops, And restaurants Yorkville Has To Offer. Steps From Public Transit. 24Hr Concierge, Gym, Sauna, Yoga Room & Squash Court. Locker Included ,Rental Parking Is Available At The Property. Great opportunity for investors, downsizers or first-timers!

    ExtrasThe Maintenance Fee Covers All Utilities! Amazing Opportunity To Own A Cozy, Well-Maintained Unit In The Desirable Yorkville Area. Incl. S/S Fridge, S/S Hood Fan, Full Size Washer/Dryer, Dishwasher, Microwave, All Elf's & Window Coverings

    re/max realtron realty inc.MLS® #C9271860

    Amenities

    Indoor Parking
    Squash Court
    Bike Storage
    Concierge
    Gym Room
    Party Room

    Explore Neighbourhood

    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%

    Price Trends

    Maintenance Fees

    40 Scollard vs The Yorkville Area

    Building Trends At 40 Scollard

    Days on Strata

    Units at 40 Scollard spend an average of
    41
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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
    10.2
    YEARS before being sold again

    Property Value

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

    Price Ranking

    20th
    Highest price per SQFT out of 57 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

    40 Scollard offers the
    ?
    best value out of 57 condos in the Yorkville neighbourhood

    Appreciation Rank

    40 Scollard has the
    ?
    highest ROI out of 57 condos in the Yorkville neighbourhood

    Rental Yield

    40 Scollard yields the
    ?
    highest rent prices out of 57 condos in the Yorkville neighbourhood

    High Demand

    40 Scollard is the
    ?
    most popular building out of 57 condos in the Yorkville neighbourhood

    Transaction Insights at 40 Scollard Avenue W

    1 Bed1 Bed + Den
    Price Range$622,000 - $710,000$647,500 - $650,000
    Avg. Cost Per Sqft$1,038$1,008
    Avg. Wait for Unit Availability141 Days186 Days
    Ratio of Units in Building65%36%

    Transactions vs Inventory

    Total number of units listed and sold in Yorkville