60 Colborne St 601
Church-Yonge Corridor, Downtown Toronto, M5E 0B7
FOR SALE
$599,900
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Property Description
Experience the pinnacle of urban living at 60 Colborne St, nestled in the vibrant St. Lawrence Market district. This remarkable 1-bedroom plus den suite (the den can be enclosed as a second bedroom with its own door) offers an ideal blend of style and convenience, boasting a perfect walkability score. The open-concept design features built-in cabinetry, a sleek designer kitchen, and stainless steel appliances, catering to modern lifestyles. Enjoy the luxury of an extra-large balcony that spans the entire unit, perfect for relaxation or entertaining, along with the convenience of included parking. The suite is equipped with a built-in fridge/freezer, built-in dishwasher, cooktop, oven, and washer/dryer. Residents can indulge in top-tier amenities, including a 24-hour concierge, outdoor pool, exercise room, and lounge. The location is unbeatable, with easy access to the St. Lawrence Market, Financial District, universities, shops, entertainment, and transit. Google Canada's head office is just next door, and King Subway station is steps away! Whether you're looking to move in or invest, this property is a prime opportunity in one of Toronto's most sought-after neighborhoods. Don't miss your chance to own this gem!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-07 | 2024-11-01 | 25 | $619,900 | - | Terminated |
| 2024-09-05 | 2024-10-07 | 32 | $629,900 | - | Terminated |
| 2024-08-06 | 2024-09-05 | 30 | $649,900 | - | Terminated |
| 2020-09-20 | 2020-09-30 | 10 | $620,000 | $613,500 | Sold |
Extras
b/i fridge & freezer, b/i cooktop & oven, dishwasher, washer/ dryer, all electrical light fixtures & window coverings, Amenities: concierge, outdoor pool, exercise room and lounge.
Nearby Intersections
Front & Church (15)
King & Church (14)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,748 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (D)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 11.32' x 12.47' | Laminate |
| Dining | Ground | 11.32' x 12.47' | Laminate |
| Kitchen | Ground | 9.84' x 12.04' | Laminate |
| Prim Bdrm | Ground | 10.10' x 10.63' | Laminate |
| Den | Ground | 8.73' x 9.81' | Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
60 Colborne St 601 is a 1-bedroom 1-bathroom condo listed for sale at $599,900, which is $34,560 (6.1%) higher than the average sold price of $565,340 in the last 30 days (October 5 - November 3). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,735 (1.7%) compared to the previous 30 day period (September 5 - October 4) and down $32,136 (5.4%) from the same time one year ago.Inventory Change
There were 1,229 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 5 - November 3), which is down 31.3% compared with the previous 30 day period (September 5 - October 4) and down 20.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,355) (2.2%) below asking price over the last 30 days (October 5 - November 3), which represents a $1,326 decrease compared to the previous 30 day period (September 5 - October 4) and ($10,524) 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 (October 5 - November 3) stood at 44.0%, up from 28.7% over the previous 30 days (September 5 - October 4) and up from 29.0% 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 31 days when successfully sold over the last 30 days (October 5 - November 3), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Solutions
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