$339,000
For sale: Apartment

This freshly painted studio at 1 Scott St offers a layout designed to make good use of its compact footprint. The modern kitchen is complemented by one of the suite's smartest features: a built-in seating area that creates a dedicated spot for dining or working from home, complete with a shelf, built-in light and storage underneath. Closet built-ins, a separate locker and ensuite laundry add valuable everyday storage and function, while the bathroom features a walk-in shower. Beyond the suite, residents have access to a library, lounge, games room, gym, sauna, theatre, outdoor pool, guest suites and visitor parking. The location makes living without a car especially practical: King Station is approximately a 5-minute walk, Union Station is about 10 minutes away, and the 504 King streetcar and 97 Yonge bus are nearby. No Frills, Metro and St. Lawrence Market are all within walking distance, along with Cafe Landwer, Meridian Hall, the Hockey Hall of Fame and Scotiabank Arena. An efficient option for a first home, downtown pied-à-terre or Toronto base for a student, with useful storage, extensive amenities and downtown connectivity built into the address.
Sold data
Apartment homes in Toronto (Waterfront Communities) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 54, across 2,818 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $569,000.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 2,818 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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