8 Colborne St 701

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8 Colborne St 701, Downtown Toronto
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0
BEDROOMS
1
BATHROOMS
1
KITCHENS
1
ROOMS
C4007843
MLSID
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Property Description
Aaa Location In Heart Of Downtown Toronto At Yonge/King Inside A Boutique Hotel. Unit Comes Fully Furnished,And Ready For Your Move In. High End Spa, Wine Bar And Restaurants Within The Hotel, You Can Even Order Room Service To Your Condo! Large Balcony With Great Views Of Downtown. Walking Distance To The Eaton Centre, St Lawrence Market, Union Station And More. Priced To Sell!!
Extras
All Chattels/ Fixtures Included B/I Stove, B/I Dishwasher/ Mini Fridge/ Microwave, Washer & Dryer,Blinds & Window Coverings.
Property Details
Property Type
Condo Apt, Bachelor/Studio
Approximate Sq.Ft.
0-499
Taxes
$2,140 (2016)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
BathroomFlat5.58' x 7.68'Ceramic Floor, 3 Pc Bath
KitchenFlat7.68' x 8.01'B/I Appliances, Laminate, Combined W/Laundry
BrFlat10.99' x 11.22'Large Window, Laminate, W/O To Balcony
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Colborne St 701 is a 0-bedroom 1-bathroom condo listed for sale at $256,000, which is $182,662 (41.6%) lower than the average sold price of $438,662 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $14,903 (3.3%) compared to the previous 30 day period (February 24 - March 24) and down $56,600 (11.4%) from the same time one year ago.
Inventory Change
There were 78 0-bedroom condos listed in Downtown Toronto over the last 30 days (March 25 - April 23), which is down 10.3% compared with the previous 30 day period (February 24 - March 24) and up 39.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($2,755) (0.6%) below asking price over the last 30 days (March 25 - April 23), which represents a $2,609 increase compared to the previous 30 day period (February 24 - March 24) and $2,665 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 0-bedroom condos in Downtown Toronto over the last 30 days (March 25 - April 23) stood at 51.3%, up from 26.4% over the previous 30 days (February 24 - March 24) and down from 67.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 21 days when successfully sold over the last 30 days (March 25 - April 23), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Everland Realty Inc., Brokerage
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