8 Colborne St 2304
Church-Yonge Corridor, Toronto, M5E 1E1
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Property Description
Location, Location, Location!! The Cosmopolitan Hotel & Residences Condo Suite, Located Just A 1 Minute Walk To The Yonge/King Subway Station. Corner Unit With Walkout Balcony. Unobstructed Southwest View Of City, Lake Ontario And Cn Tower. Everything You Need Right At Your Doorstep!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-02-23 | 2022-03-30 | 35 | $489,000 | $475,000 | Sold |
Extras
All Existing Appliances (B/I Stove, B/I Dishwasher, Mini Fridge, Microwave), Washer, Dryer, Furnitures & Elfs Are Included.
Property Features
Hospital, Library, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,768 (2017)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 11.55' x 14.80' | Wood Floor, W/O To Balcony, Sw View |
| Dining | Flat | 11.55' x 14.80' | Wood Floor, Open Concept, Combined W/Living |
| Kitchen | Flat | 7.64' x 7.94' | Wood Floor, Open Concept, Breakfast Bar |
| Br | Flat | 10.20' x 11.88' | Wood Floor |
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Toronto Market Statistics
Toronto Price Trend
8 Colborne St 2304 is a 1-bedroom 1-bathroom condo listed for sale at $399,900, which is $203,644 (33.7%) lower than the average sold price of $603,544 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 1 bedroom condo in Toronto increased by $5,791 (1.0%) compared to the previous 30 day period (February 26 - March 26) and down $19,907 (3.2%) from the same time one year ago.Inventory Change
There were 1,670 1-bedroom condos listed in Toronto over the last 30 days (March 27 - April 25), which is up 18.7% compared with the previous 30 day period (February 26 - March 26) and up 54.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Toronto typically sold ($8,027) (1.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $2,604 increase compared to the previous 30 day period (February 26 - March 26) and ($2,987) 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 Toronto over the last 30 days (March 27 - April 25) stood at 40.7%, down from 45.8% over the previous 30 days (February 26 - March 26) and down from 74.1% 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 Toronto stood at 26 days when successfully sold over the last 30 days (March 27 - April 25), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Landunion Realty Inc., Brokerage
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