8 Colborne St 801
Church-Yonge Corridor, Downtown Toronto, M5E 1E1
FOR SALE
$380,000
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BEDROOMS1
BATHROOMS1
KITCHENS3
ROOMSC8183260
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Property Description
The Cosmopolitan Hotel & Residence, Stylish Living In The Heart Of The City! Subway Is Across The Street, Short Walk To St.Lawrence Market, Eaton Center, Union Station, Ryerson University, Acc., Everything Downtown Toronto Has To Offer Right Out Your Front Door.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-12-24 | 2024-01-10 | 17 | $2,000 | $2,000 | Leased |
| 2023-09-21 | 2023-12-20 | 90 | $2,100 | - | Expired |
| 2021-10-22 | 2021-11-14 | 23 | $1,700 | $1,700 | Leased |
| 2021-10-10 | 2021-10-24 | 14 | $399,000 | - | Terminated |
| 2021-06-17 | 2021-07-30 | 43 | $1,600 | - | Terminated |
| 2021-04-21 | 2021-06-17 | 57 | $1,600 | - | Terminated |
| 2020-04-10 | 2020-05-16 | 37 | $1,600 | $1,600 | Leased |
Nearby Intersections
Yonge & Wellington (29)
Yonge & King (12)
Property Features
Public Transit, School
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Bachelor/Studio
Approximate Sq.Ft.
0-499
Taxes
$1,246 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 37.76' x 35.40' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Colborne St 801 is a 0-bedroom 1-bathroom condo listed for sale at $380,000, which is $42,045 (10.0%) lower than the average sold price of $422,045 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $52,044 (11.0%) compared to the previous 30 day period (February 29 - March 29) and down $76,000 (15.3%) from the same time one year ago.Inventory Change
There were 84 0-bedroom condos listed in Downtown Toronto over the last 30 days (March 30 - April 28), which is down 2.3% compared with the previous 30 day period (February 29 - March 29) and up 15.1% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($3,283) (0.8%) below asking price over the last 30 days (March 30 - April 28), which represents a $295 decrease compared to the previous 30 day period (February 29 - March 29) and $6,748 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 30 - April 28) stood at 39.3%, up from 32.6% over the previous 30 days (February 29 - March 29) and down from 45.2% 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 29 days when successfully sold over the last 30 days (March 30 - April 28), compared to 53 days before being removed from the market upon being suspended or terminated.Listing contracted with Everland Realty Inc.
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Condo living for $395,000! You can't beat this 1 bdrm + 1 bath unit on the 11th floor of a well established building. Shop at Kennedy Commons, access Hwy 401, stroll to Glamorgan Park, or grab transit at your doorstep. Cook grand dinners in the kitchen and serve in separate dining room. The open floor plan allows the party to continue to the balcony that spans the length of the unit. In the morning, take a seat in the kitchen where there's room for table and chairs. Lots of storage, lots of windows. Includes locker and surface parking. $655 maintenance fees.
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