1305 - 1 Scott Street

Welcome to the stunning condo for sale in Toronto , located at 1 Scott Street, Toronto. This charming one-bedroom apartment is part of the sought-after London on the Esplanade development and offers a fantastic opportunity for both investors and first-time buyers alike. With its prime location in the vibrant Waterfront Communities C8 area, this condo is not just a home but a lifestyle choice.

As you step into this lovely condo for sale in Toronto, you’ll immediately notice the open-concept layout that maximises space and light. The unit boasts an impressive 9-foot ceiling, which adds to the airy feel of the living area. The hardwood flooring throughout the living space and bedroom provides a warm and inviting atmosphere, making it the perfect retreat after a long day. The spacious bedroom features a double mirrored closet, offering ample storage for your belongings.

The kitchen is designed for both functionality and style. It includes plenty of storage options, ensuring that you have space for all your culinary needs. A mobile centre island not only provides additional storage but also serves as a breakfast bar, perfect for casual dining or entertaining guests. The bright and comfortable living space overlooks the bustling city, allowing you to soak in the vibrant urban atmosphere right from your home.

One of the standout features of this condo for sale in Toronto is the open balcony that offers a westward view of the city. Imagine enjoying your morning coffee or unwinding in the evening while taking in the stunning skyline. The outdoor space is a lovely addition, providing a breath of fresh air without leaving the comfort of your home.

While this condo does not have a pool or a fireplace, it more than makes up for it with a comprehensive range of amenities. Residents can enjoy access to a fully equipped gym, a yoga studio for those looking to relax and rejuvenate, and a library area for quiet study or reading. The theatre room is perfect for movie nights, while the billiards room and party room offer great spaces for socialising with friends and family. Although there is no outdoor pool, the lounge area is an excellent spot to unwind and enjoy the company of neighbours.

Located at 1 Scott Street, Toronto, this condo for sale in Toronto is ideally situated near the Esplanade, just steps away from the Financial District, Union Station, and the picturesque waterfront. You’ll find yourself in close proximity to the renowned St. Lawrence Market, Farmboy, and No Frills, making grocery shopping a breeze. The area is also rich with an array of restaurants and cafes, ensuring that you’ll never run out of dining options.

This property comes with one parking spot in the underground garage, which is a significant advantage in the bustling city. However, it’s important to note that the unit is currently unfurnished, allowing you to personalise the space to your taste. Additionally, there is no central vacuum system or basement, but the unit is equipped with central air conditioning to keep you cool during the warmer months.

As a buyer, it’s essential to be aware that you will need to assume the existing tenant, as there is a one-year lease term in place until February 28, 2026. This makes it an excellent turn-key investment opportunity for those looking to enter the rental market.

In summary, this condo for sale in Toronto at 1 Scott Street, Toronto, is a fantastic investment with its prime location, modern amenities, and stylish living space. Whether you’re looking to make it your home or invest in a property with a reliable tenant, this unit is certainly worth considering. Don’t miss out on the chance to own a piece of the vibrant Toronto lifestyle!

Waterfront Communities C8 is a vibrant and dynamic area located along Toronto's picturesque waterfront, offering a unique blend of urban living and natural beauty. This neighbourhood is characterised by its modern high-rise condominiums, stylish boutiques, and a diverse array of dining options, all set against the stunning backdrop of Lake Ontario. Residents enjoy easy access to lush parks, scenic promenades, and cultural attractions, including galleries and theatres. With excellent public transport links and a lively atmosphere, Waterfront Communities C8 is ideal for those seeking a cosmopolitan lifestyle while being close to the serene waterside.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. The Downtown Alternative School, just 0.4 km away, offers grades JK to 8 and boasts a solid school rating of 8.4, indicating a strong academic environment. For older students, the Kapapamahchakwew - Wandering Spirit School is only 0.1 km away, catering to grades 9 to 12, although it currently has a school rating of 0. St. Michael Catholic School, located 0.5 km from the property, provides an English curriculum for grades JK to 8 and has a respectable rating of 7.1. St. Joseph's College School, 2.2 km away, serves grades 9 to 12 and has a rating of 7.6. Additionally, Ryerson Community School, offering French instruction for grades JK to 8, is 2.3 km away but has a lower rating of 3.8. Lastly, St. Mary Catholic School, located 2.4 km away, serves grades JK to 4 and has a rating of 5.7. Overall, the area provides a diverse range of schooling options, ensuring that families have access to quality education close to home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 2,036 residents, with an average household size of 1.5. The demographic profile indicates a relatively mature community, with an average age of 40.4 years. The average household income is notably high at $141,400, although 12.4% of the population falls under the low-income category. The real estate market reflects a significant average property price of $940,000, with 85.66% of the housing stock consisting of condominiums. The community is predominantly single, with 52.16% of residents identifying as such, and only 15.79% of households include children. A diverse population is evident, with 37.75% of residents being immigrants. Renters make up a substantial portion of the community at 58.09%, suggesting a vibrant rental market. Education levels are impressive, with 86.35% of the population holding a college or university degree. However, 22.31% of residents are not in the labor force, indicating a segment of the population that may be retired or engaged in other non-traditional work. Overall, this area presents a unique blend of affluence, diversity, and educational attainment.