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$439,000
The Lotus · 8 Scollard Street · Toronto · Ontario M5R 1M2
143 days on market
A rare opportunity to own in Yorkville-where luxury shopping, fine dining, and the city's most iconic cultural destinations are right at your doorstep! This sleek, turnkey studio has been thoughtfully upgraded with new laminate flooring (2025), a new modern Murphy bed (2025) with built-in storage, and upgraded stacked washer & dryer appliances (2024), all within an efficient open-concept layout featuring 9-ft ceilings, granite countertops, and stainless steel appliances. Whether you're seeking a…
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Seller signals
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: KELLER WILLIAMS EMPOWERED REALTY
Source: TRREB/PROPTX · MLS® C13227144
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~250 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $19,985 | $1,665/mo |
| Government & taxes | ||
| Property tax | $2,255 | $188/mo |
| Land transfer tax(closing) | $5,255 | $438/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $4,390 | $366/mo |
| Condo fees | ||
| Condo / HOA fees | $6,482 | $540/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $49,027 | $4,086/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.