55 Scollard St

This high-rise apartment condominium at 55 Scollard Street and 81 Wellesley Street East in Toronto's Annex neighbourhood was completed in 2013 and offers 23 storeys of luxury residences. The building is managed by Four Seasons Private Residences. Recent sales have averaged around $2.03 million, with units typically 1,375 square feet; monthly condo fees average roughly $2,381 or $1.77 per square foot, covering heat, water, and building insurance. A 24-hour concierge and proximity to Wellesley subway station (within walking distance) and Yonge Street shopping are notable features. Before committing to purchase, prospective buyers should have the status certificate, reserve fund study, budget, financial statements, board minutes, by-laws and insurance documentation reviewed by a qualified condo lawyer or inspector.