4707-88 Scott Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13218060

$599,900
For Sale
Listed 54 days ago
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1Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Welcome To This Prestigious Luxury Residence At 88 Scott, Perfectly Situated Where The Financial District Meets Historic St. Lawrence Market. This Premium 1-Bedroom Suite Boasts Rare 10Ft Ceilings & Floor-To-Ceiling Windows Flooding the Space With Natural Light & Stellar West-Facing Sunset Views. Exceptional Open-Concept Layout Features Laminate Flooring in living area. A Modern Kitchen Appointed W/ Built-In Energy Star Appliances, Sleek Cabinetry. Five-Star Building Amenities: Concierge, Indoor Pool, Gym, Yoga Studio, Rooftop Deck. Unbeatable Location Bridging The Core & Old Town: Steps To Subway, Financial District, St. Lawrence Market, & Top Entertainment. Move In & Enjoy!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13218060
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Yonge and Wellington
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$574/mo
Exposure
West
Property tax
$3,114 / 2025
Days on market
54
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY
Our TakeTeam Asgarian · Broker
Below comparables
$645Kest. value

Listed at $599,900, and my independent estimate is about 7% below comparable homes, worth a close look.

In Church-Yonge Corridor lately, sellers get about 96% of asking; homes sell in ~35 days.

List price
$600KGreat deal$674KOverpriced

Total price vs nearby homes. Fair value about $645K, median of 11 comparables.

How this estimate is builtthe short version

I take the 11 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 $653K, a close match.

What the listing highlights3 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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

Below comparable homes on total price, yet the price per square foot ($924/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

Based on 11 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby · asking prices
$492kavg asking

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

404-500 St Clair Avenue$565k401-21 Clairtrell Road$539k1822-30 Shore Breeze Drive$530k417-160 Vanderhoof Avenue$378k527-1350 Ellesmere Road$449k

The 5 closest of 6 active listings nearby.

See all comparable homes
600kThis home565k539k530k378k449kThis home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $555K
$924this home / sqft
57active listings nearby
54days on market
100sold nearby · 90 days
$595Kmedian sold price
96%of asking, on average

This home lists 2% above the area average of $902/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
$578K
Bay Street Corridor
$556K
Niagara
$550K
Mimico
$524K

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
$2,734/mo
$127KIncome needed
4.7×Price ÷ income
$631Weekly 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 $2,734Property tax $260Condo fee $574Total carry $3,568

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,561per month

Mortgage amount $479,920 · 4.14% over 25 years

$119,980Down payment (20.0%)
$479,920Loan before insurance
$0CMHC premium
$3,395Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,561
Property tax
$260
Condo / maintenance fees
$574
Heating
$0
Estimated monthly cost
$3,395

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

One-time closing costs

Ontario land transfer tax
$8,473
Toronto municipal land transfer tax
$8,473
Estimated closing costs
$16,946

Plus your down payment of $119,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,111/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

$288,389Total interest paid
$768,309Total of all payments
Principal $479,920 Interest $288,389
YearPrincipalInterestBalance
1$11,243$19,490$468,677
2$11,713$19,019$456,964
3$12,203$18,529$444,761
4$12,714$18,019$432,047
5$13,245$17,487$418,802
6$13,799$16,933$405,003
7$14,377$16,356$390,626
8$14,978$15,754$375,648
9$15,604$15,128$360,044
10$16,257$14,475$343,787
11$16,937$13,795$326,850
12$17,646$13,087$309,204
13$18,384$12,349$290,820
14$19,153$11,580$271,668
15$19,954$10,779$251,714
16$20,788$9,944$230,926
17$21,658$9,074$209,268
18$22,564$8,169$186,704
19$23,508$7,225$163,196
20$24,491$6,241$138,705
21$25,515$5,217$113,190
22$26,583$4,150$86,607
23$27,695$3,038$58,913
24$28,853$1,879$30,060
25$30,060$673$0

At the end of your 5-year term

Total paid over the term
$153,662
Principal paid down
$61,118
Interest paid
$92,544
Balance remaining
$418,802

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$2,050/mo
$24,600Gross annual rent
1.9%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.

4.1%
Gross yield
− Property tax $3,114− Condo fees $6,886− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,294

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

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