Kaive’s Corner: Talking 88 Scott

One of the most highly touted and highly anticipated projects in the downtown core has been 88 Scott. It is CONCERT Development’s follow-up to the Berczy, which was a huge success – the vast majority of units sold out in days.

CONCERT had the vision of buying the old Royal Sun Alliance office building and rezoning the property to produce a 58-storey tiered condo in the heart of the Financial District, half a block away from Yonge and Wellington.

Its excellent location makes the project almost a no-brainer for people looking for the best of downtown core living. It showcases views of the park to the southeast, as well being located steps from the St. Lawrence Market.

Unlike the typical developer condo unit mixed model of many very small units, 88 Scott has a far higher average size per unit, catering to a more upscale and stable demographic.

While there are a handful of studios in and around the $350,000 range, they are few and far between and units do go up to 2,644 square feet.

With over 500 units in the building, the property is of the ideal size to have the necessary economies of scale to provide a wide assortment of amenities, including: an indoor swimming pool, fully equipped exercise room with saunas, residence lounge with bistro dining and WiFi enabled access, private screening room, outdoor terrace with outdoor fireplace, BBQ, and dining areas, all located on the sixth floor and dubbed “the Core Club.”

In addition, there is a spectacular 2 storey Sky Lounge on the 46th and 47th floor, with WiFi enabled fireplace lounge, bar, private dining room overlooking the dramatic city skyline.

Notwithstanding all these luxuries, the building is still seeking the second highest environmentally sensitive building designation of LEED Gold Status.

If you’re interested in living in this building, I’d be happy to help you out. Call my office today at (416) 929-1660 to schedule an appointment.

If you are interested in buying, selling, or renting a unit in the building, contact us by filling out the form below.
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