307-88 Scott Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13808794

$999,000
For Sale
Listed 28 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • 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.
  • 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 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 sleek 3-piece main bathroom and convenient in-suite laundry with full-sized LG washer and dryer complete the interior.
  • 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...

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, Apartment
MLS®
C13808794
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
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
28
Listing brokerage
KELLER WILLIAMS EMPOWERED REALTY

Rooms

Primary BedroomMain8.53 × 3.25 m

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

Bedroom 2Main5.51 × 3.18 m

laminate · pot lights · b/i closet

KitchenMain4.39 × 3.25 m

laminate · track lighting · quartz counter

Dining RoomMain4.11 × 3.25 m

laminate · large window · combined w/living

Living RoomMain4.11 × 3.25 m

laminate · large window · combined w/dining

Our TakeTeam Asgarian · Broker
A small discount is typical
$970Klikely sale price

Listed at $999,000. Going by how homes in Church-Yonge Corridor have actually closed against their asking prices (about 97%, 141 local closings in 90 days), the likely sale price is near $970K, if it sells. A realistic range is $914K to $1.05M.

Independent value check: $894K. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $832K and $939K).

Why $894K. The typical condo sold in Church-Yonge Corridor over the past year went for about $575K (592 sales). What sets this one apart:

  • ▲ Raises it stronglyIt is 1,000 to 1,199 sq ft; the typical home sold here is 600 to 699.
  • ▲ Raises it strongly2 bedrooms and 2 baths, against 1+1 and 1 typically.
  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $4,215 a year; the typical home sold here pays about $3,400.
  • ▲ Raises it1 garage and 1 total parking spaces, against 1 and 0 typically.
List price
$914KBelow recent closings$1.05MAbove recent closings

Total price vs nearby homes. Likely closing about $970K, from 141 recent closings in this pocket.

The market behind the math:

141sold nearby · 90 days
$568Kmedian sold price
96%of asking, on average
~29 dayshomes like this take to sell
28days on market so far
$3,618/moest. rent · 7 leases
4.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.5 months of inventory: 22 condo apartment homes for sale in the area against 141 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $909/sqft against an area asking average of $828/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 141 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $817K. Condition and finishes remain an in-person call.

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.

Based on 11 homes sold in this building over the past year, from 500 closings in Church-Yonge Corridor.

Sold price trend

Median sold price for condos in Church-Yonge Corridor: $561K in September 2026, level with a year ago, on 585 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$590K50
November 2025$603K34
December 2025$543K40
January 2026$551K28
February 2026$524K40
March 2026$520K47
April 2026$595K60
May 2026$555K47
June 2026$615K64
July 2026$568K71
August 2026$598K48
September 2026$561K56

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.

Waterfront Communities C8
$554K
Moss Park
$549K
Waterfront Communities C1
$625K
Kensington-Chinatown
$585K
Niagara
$690K

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 · 1.0 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
St Michael's Choir (Sr) School · Catholic secondary0.8 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary0.8 km · 98% at standard
Contact Alternative School School · Public secondary1.3 km
St Paul Catholic School · Catholic elementary1.5 km · 62% at standard
Ogden Junior Public School · Public elementary1.5 km · 69% at standard
Lord Dufferin Junior and Senior Public School · Public elementary1.6 km · 55% at standard
Heydon Park Secondary School · Public secondary1.6 km · 8% at standard
Nelson Mandela Park Public School · Public elementary1.7 km · 47% at standard
Church Street Junior Public School · Public elementary1.7 km · 73% at standard
Native Learning Centre · Public secondary1.7 km
Orde Street Public School · Public elementary1.7 km · 76% at standard
Beverley School · Public elementary1.7 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,553/mo
$208KIncome needed
4.8×Price ÷ income
$1,051Weekly cost
$32,910Land transfer tax, one-time (Ontario + Toronto)
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.

76%mortgage
Mortgage $4,553Property tax $351Condo fee $1,068Total carry $5,973

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,419per month

Mortgage amount $799,200 · 4.49% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$5,838Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,419
Property tax
$351
Condo / maintenance fees
$1,068
Heating
$0
Estimated monthly cost
$5,838

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

One-time closing costs

Ontario land transfer tax
$16,455
Toronto municipal land transfer tax
$16,455
Estimated closing costs
$32,910

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,348/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

$526,474Total interest paid
$1,325,674Total of all payments
Principal $799,200 Interest $526,474
YearPrincipalInterestBalance
1$17,835$35,192$781,365
2$18,645$34,382$762,721
3$19,491$33,536$743,230
4$20,376$32,651$722,854
5$21,301$31,726$701,553
6$22,268$30,759$679,284
7$23,279$29,748$656,005
8$24,336$28,691$631,668
9$25,441$27,586$606,227
10$26,596$26,430$579,631
11$27,804$25,223$551,827
12$29,066$23,960$522,760
13$30,386$22,641$492,374
14$31,766$21,261$460,608
15$33,208$19,819$427,400
16$34,716$18,311$392,684
17$36,292$16,735$356,392
18$37,940$15,087$318,452
19$39,663$13,364$278,789
20$41,463$11,563$237,325
21$43,346$9,681$193,979
22$45,314$7,713$148,665
23$47,372$5,655$101,294
24$49,522$3,504$51,771
25$51,771$1,256$0

At the end of your 5-year term

Total paid over the term
$265,135
Principal paid down
$97,647
Interest paid
$167,487
Balance remaining
$701,553

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
From 7 whole-home leases in Church-Yonge Corridor$3,618/mo
$43,416Gross annual rent
2.1%Cap rate after taxes and upkeep
$3,329 to $3,907Typical rent range
~15 daysTo find a tenant, on average

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

Talk about the numbers

The last 7 whole-home leases in Church-Yonge Corridor signed at a median of $2,550 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,618. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.3%
Gross yield
− Property tax $4,215− Condo fees $12,817− Insurance $600− Vacancy & upkeep $4,776Net operating income $21,007

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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