1408-8 Scollard Street, Toronto, ON

Annex, Toronto · MLS® C13986656

$399,000
For Sale
Listed 4 days agoNo offer date stated

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1Bathrooms
0Parking
0-499Sq ft

About this home

In short

  • Discover the perfect blend of location, convenience, and lifestyle in this stylish studio suite situated in one of Toronto's most sought-after neighbourhoods.
  • Residents also benefit from premium building amenities including a 24-hour concierge, fitness centre, and party room.

Discover the perfect blend of location, convenience, and lifestyle in this stylish studio suite situated in one of Toronto's most sought-after neighbourhoods. Located on the edge of Yorkville, this residence places you just steps from world-class shopping, dining, cafés, and entertainment along Bloor Street and Yorkville Avenue.The thoughtfully designed suite features full-sized kitchen appliances, in-suite laundry, modern finishes, and an efficient layout that maximizes every square foot. Ideal for first-time buyers, students, or young professionals looking to enjoy the best of downtown living.Enjoy unparalleled access to the University of Toronto, Queen's Park, the Royal Ontario Museum, and Yonge-Bloor Station, connecting you seamlessly to both subway lines. Residents also benefit from premium building amenities including a 24-hour concierge, fitness centre, and party room.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13986656
Bathrooms
1
Size
0-499 sq ft
Cross streets
Davenport and Yonge
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Brick
Maintenance
$510/mo
Exposure
West
Property tax
$2,209 / 2025
Days on market
4
Listing brokerage
KELLER WILLIAMS EDGE REALTY
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Neighbourhood & location

Annex, 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.

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 Jesse Ketchum Junior and Senior Public School
87%
Jesse Ketchum Junior and Senior Public SchoolPublic · Elementary · 0.3 km awayHigher-rated than most nearby · 87% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Rosedale Junior Public School · Public elementary0.8 km · 94% at standard
St Joseph's College School · Catholic secondary0.9 km · 76% at standard
Msgr Fraser College (Isabella Campus) · Catholic secondary1.0 km
Cottingham Junior Public School · Public elementary1.0 km · 100% at standard
Huron Street Junior Public School · Public elementary1.1 km · 74% at standard
Jarvis Collegiate Institute · Public secondary1.2 km · 57% at standard
Native Learning Centre · Public secondary1.3 km
Church Street Junior Public School · Public elementary1.3 km · 73% at standard
Rose Avenue Junior Public School · Public elementary1.3 km · 46% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary1.3 km
Orde Street Public School · Public elementary1.6 km · 76% at standard
Winchester Junior and Senior Public School · Public elementary1.6 km · 76% at standard

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

Affordability & Mortgage

Affordability
$1,819/mo
$88KIncome needed
4.5×Price ÷ income
$420Weekly cost
$8,920Land 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.

72%mortgage
Mortgage $1,819Property tax $184Condo fee $510Total carry $2,513

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)
$1,765per month

Mortgage amount $319,200 · 4.49% over 25 years

$79,800Down payment (20.0%)
$319,200Loan before insurance
$0CMHC premium
$2,459Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,765
Property tax
$184
Condo / maintenance fees
$510
Heating
$0
Estimated monthly cost
$2,459

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

One-time closing costs

Ontario land transfer tax
$4,460
Toronto municipal land transfer tax
$4,460
Estimated closing costs
$8,920

Plus your down payment of $79,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,136/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

$210,273Total interest paid
$529,473Total of all payments
Principal $319,200 Interest $210,273
YearPrincipalInterestBalance
1$7,123$14,056$312,077
2$7,447$13,732$304,630
3$7,785$13,394$296,845
4$8,138$13,041$288,707
5$8,508$12,671$280,200
6$8,894$12,285$271,306
7$9,298$11,881$262,008
8$9,720$11,459$252,288
9$10,161$11,018$242,127
10$10,623$10,556$231,504
11$11,105$10,074$220,399
12$11,609$9,570$208,790
13$12,136$9,043$196,654
14$12,687$8,492$183,967
15$13,263$7,916$170,703
16$13,866$7,313$156,838
17$14,495$6,684$142,343
18$15,153$6,026$127,189
19$15,841$5,338$111,348
20$16,560$4,618$94,788
21$17,312$3,867$77,475
22$18,098$3,080$59,377
23$18,920$2,259$40,457
24$19,779$1,400$20,677
25$20,677$502$0

At the end of your 5-year term

Total paid over the term
$105,895
Principal paid down
$39,000
Interest paid
$66,894
Balance remaining
$280,200

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$2,300/mo
$27,600Gross annual rent
3.9%Cap rate after taxes and upkeep

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.

6.9%
Gross yield
− Property tax $2,209− Condo fees $6,119− Insurance $600− Vacancy & upkeep $3,036Net operating income $15,636

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

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