8 Colborne St 2102
Church-Yonge Corridor, Downtown Toronto, M5E 1K4
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BEDROOMS1
BATHROOMS1
KITCHENS3
ROOMSC3251867
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Property Description
Located In The Heart Of Downtown Toronto, Fully Furnished Fabulous Suite Within The Cosmopolitan Boutique Hotel And Residences, 2 Minutes Walk To Subway, Short Distance To U Of T, Ryerson U, George Brown, Hospitals, Financial District Eaton Centre, Theatre & Restaurants. Bright & Privacy Layout. Great High Level View. Great Opportunity For Investor Or Residence. Bldg Include Shizen Spa, Board Room, Excercise Room, Wine Bar & Restaurant
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Extras
Stove-Top, Fridge, B/I Dishwasher, Microwave, Kitchen With B/I Mini Bar, Washer/Dryer, Wall Mount Tv, Office Desk, Bed Frame, Futon, All Electrical Fixtures, All Window Coverings, Parking Can Be Rented. Can Enroll In Hotel Rental Pool .
Property Features
Library, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,729 (2015)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 11.52' x 17.03' | Hardwood Floor, Open Concept, Balcony |
| Br | Flat | 10.60' x 8.23' | Hardwood Floor, Large Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Colborne St 2102 is a 1-bedroom 1-bathroom condo listed for sale at $253,000, which is $350,045 (58.0%) lower than the average sold price of $603,045 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $4,444 (0.7%) compared to the previous 30 day period (February 25 - March 25) and down $19,478 (3.1%) from the same time one year ago.Inventory Change
There were 1,630 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 26 - April 24), which is up 19.1% compared with the previous 30 day period (February 25 - March 25) and up 57.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,085) (1.3%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,619 increase compared to the previous 30 day period (February 25 - March 25) and ($2,921) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (March 26 - April 24) stood at 41.8%, down from 44.6% over the previous 30 days (February 25 - March 25) and down from 74.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (March 26 - April 24), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Imperial Realty Inc., Brokerage
Similar Listings
Property Being Sold As Is As Per Schedule C. ***Offers To Be Submitted by 5:00 pm April 30th, 2024 . No Exceptions To Time, No Offers Will Be Considered Before Due Date. 48 Hours Irrevocable Required For Sellers Corporate Approval. Listing Agent will not be representing any Buyers. Buyers are to find their own Agent to represent them.
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