$519,000 - 21 Scollard Street Unit 103, Yorkville
Condo for Sale in Yorkville
Neighbourhood: Annex
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- MLS Number
- C13758858
- Property Type
- Condo
- Status
- active
- Days on Site
- 28
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Taxes (2025)
- $3,333
- Maintenance Fees
- $853/mo
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
A smart Yorkville opportunity at The Villas at 18 Yorkville by acclaimed Great Gulf. Offering approx. 623 sq. ft., this spacious 1-bedroom + den proves that a great layout makes all the difference. Soaring ceilings and an open-concept living/dining area create an airy sense of space, with a walkout to the suite's private balcony. The full-size kitchen features granite counters, stainless steel appliances, generous cabinetry and a breakfast bar-ideal for casual dining and entertaining. The king-sized primary bedroom offers floor-to-ceiling windows and a large double closet, while the separate den is the bonus space condo living calls for: home office, dressing room, reading room, workout space or extra storage. An exceptionally functional floor plan with no wasted space and room to actually live. The recently refreshed building makes an equally impressive first impression, with beautifully renovated lobby, hallways and common areas, plus an excellent collection of resident amenities. And then there's the location: in the heart of Yorkville, steps to the Four Seasons, Bloor Street, designer boutiques, restaurants, cafés, Ramsden Park, Toronto Reference Library, groceries and multiple TTC connections. Leave the car behind-some of Toronto's best shopping, dining and city living are right outside your door. Smart space. Iconic neighbourhood. Welcome to 21 Scollard.
Estimate your monthly payments for this property
Estimated Payment
$2,662.74/mo
Includes CMHC insurance ($14,480)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Annex
Annex is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Annex
- •Convenient location in Annex / Yorkville / Summerhill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Annex offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
21 Scollard Street Unit 103, Annex / Yorkville / Summerhill
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $865/sqft, this property is priced in line with current Yorkville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 28 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $853/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Annex
I know Annex well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Yorkville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.