307-88 Scott Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13065238

$1,049,000
For Sale
Listed 84 days ago
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Welcome to sophisticated downtown living at 88 Scott St - a sought-after luxury residence ideally positioned between Toronto's Financial District and the vibrant St. Lawrence Market. This beautifully appointed 2-bedroom suite offers exceptional space, soaring 12' ceilings, and a functional open-concept layout designed for both comfort and style. The combined living and dining areas offer a seamless, airy space ideal for both everyday living and entertaining. The modern kitchen seamlessly integrates with the main living space and features quartz countertops, ceramic tile backsplash, extended cabinetry, under-mount lighting, and premium built-in appliances including a Liebherr panelled refrigerator, AEG cooktop/oven/dishwasher, and Panasonic microwave. The spacious primary bedroom retreat boasts a walk-in closet with built-in storage and a luxurious 4-piece ensuite complete with soaker tub and separate glass shower. A generous second bedroom with built-in cabinetry and pot lighting offers flexibility for guests, a home office, or additional living space. A sleek 3-piece main bathroom and convenient in-suite laundry with full-sized LG washer and dryer complete the interior. This unit includes one owned parking space and one locker, offering rare convenience in the downtown core. Residents of this building enjoy an exceptional array of amenities, including 24-hour concierge, a fully equipped fitness centre with spin and yoga studios, indoor pool, rooftop terrace, party and meeting rooms, guest suites, and a private screening room. An exceptional opportunity to own in one of downtown Toronto's most prestigious buildings, just steps to Union Station, St. Lawrence Market, the Financial District, and the city's top dining and amenities.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C13065238
Bedrooms
2
Bathrooms
2
Size
1000-1199
Cross streets
Wellington St E & Yonge St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,068/mo
Exposure
East
Property tax
$4,215 / 2025
Days on market
84
Listing brokerage
KELLER WILLIAMS EMPOWERED REALTY

Rooms

Bedroom 2Main5.51 × 3.18 m

laminate · pot lights · b/i closet

Living RoomMain4.11 × 3.25 m

laminate · large window · combined w/dining

Dining RoomMain4.11 × 3.25 m

laminate · large window · combined w/living

Primary BedroomMain8.53 × 3.25 m

laminate · 4 pc ensuite · walk-in closet(s)

KitchenMain4.39 × 3.25 m

laminate · track lighting · quartz counter

Our TakeTeam Asgarian · Broker
In line
$1.05Mest. value

Listed at $1,049,000, and my independent estimate is right in line with comparable homes.

In Church-Yonge Corridor lately, sellers get about 96% of asking; homes sell in ~36 days.

List price
$991KGreat deal$1.13MOverpriced

Total price vs nearby homes. Fair value about $1.05M, median of 5 comparables.

How this estimate is builtthe short version

I take the 5 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $880K, a bit lower.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Market Lane Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Church-Yonge Corridor, so I widened the search to the surrounding area.

Based on 5 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby · asking prices
$550kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

808-25 Town Centre Court$550k2204-10 Park Lawn Road$600k511-365 Beech Avenue$799k907-10 Stonehill Court$450k1006-100 Dundalk Drive$350k

The 5 closest active listings nearby.

See all comparable homes
1.05MThis home550k600k799k450k350kThis home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $575K
$954this home / sqft
98active listings nearby
84days on market
100sold nearby · 90 days
$612Kmedian sold price
96%of asking, on average

This home lists 5% below the area average of $1,008/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Church-Yonge Corridor, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Moss Park
$894K
Waterfront Communities C1
$609K
Bay Street Corridor
$618K
Niagara
$599K
Flemingdon Park
$430K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 0.9 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$4,781/mo
$216KIncome needed
4.9×Price ÷ income
$1,103Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

77%mortgage
Mortgage $4,781Property tax $351Condo fee $1,068Total carry $6,200

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,478per month

Mortgage amount $839,200 · 4.14% over 25 years

$209,800Down payment (20.0%)
$839,200Loan before insurance
$0CMHC premium
$5,898Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,478
Property tax
$351
Condo / maintenance fees
$1,068
Heating
$0
Estimated monthly cost
$5,898

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$17,455
Toronto municipal land transfer tax
$17,455
Estimated closing costs
$34,910

Plus your down payment of $209,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,439/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$504,285Total interest paid
$1,343,485Total of all payments
Principal $839,200 Interest $504,285
YearPrincipalInterestBalance
1$19,660$34,080$819,540
2$20,482$33,258$799,059
3$21,339$32,401$777,720
4$22,231$31,508$755,489
5$23,161$30,578$732,328
6$24,130$29,610$708,198
7$25,139$28,600$683,059
8$26,191$27,549$656,868
9$27,286$26,453$629,582
10$28,428$25,312$601,154
11$29,617$24,123$571,537
12$30,855$22,884$540,682
13$32,146$21,593$508,536
14$33,491$20,249$475,045
15$34,892$18,848$440,153
16$36,351$17,388$403,802
17$37,872$15,868$365,931
18$39,456$14,284$326,475
19$41,106$12,633$285,369
20$42,825$10,914$242,544
21$44,617$9,123$197,927
22$46,483$7,256$151,444
23$48,427$5,312$103,016
24$50,453$3,286$52,563
25$52,563$1,176$0

At the end of your 5-year term

Total paid over the term
$268,697
Principal paid down
$106,872
Interest paid
$161,825
Balance remaining
$732,328

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
1.8%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.9%
Gross yield
− Property tax $4,215− Condo fees $12,817− Insurance $600− Vacancy & upkeep $4,488Net operating income $18,679

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS EMPOWERED REALTY. MLS®/PropTx.

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