60 Colborne St 1002
Church-Yonge Corridor, Downtown Toronto, M5E 0B7
FOR SALE
$1,639,000
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BEDROOMS2
BATHROOMS1
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Property Description
Sixty Colborne is one of the quintessential and most desired buildings in the St. Lawrence Market area. Suite 1002 was purchased directly from the builder and picked as one of the most desirable split-plan two-bedroom, two-bathroom layouts. This suite sits atop the pedestal level of the building on the North-East corner with no suites on top of it. High enough for unobstructed views but low enough to get stunning views of St. James Cathedral and sight-lines down King St. East. Think this view is great during the day. Wait until you see it at night. At over 1,300 sq.ft. of interior space this layout is truly designed to be versatile and practical. Each bedroom is on separate sides of the suite, the primary with its own ensuite & large walk-in closet and the second bedroom with a large closet and access to a bathroom next to it. The main living area can be flexible with two options for living room and dining room set-up and a flex space for office or sitting area.The suite has many upgrades and custom finishes. True floor-to-ceiling windows with black casement wrap the entire perimeter of the apartment letting in an abundance of natural light. Natural wide-plank hardwood floors span the entire living area with a custom kitchen as the centre piece anchoring the space. Custom electronic blinds have been installed throughout including blackout blinds in the bedrooms. Adding to the ambiance is a custom gas fireplace situated perfectly to be seen from all angles. One parking spot and one locker are also included. This location cannot be beat. In under a 10-minute walk you can access the entire Financial District, Union Station for Subway or UP Express to Toronto Pearson, King Subway Station, King Streetcar and of course, St. Lawrence Market. Take in the vibe of the neighbourhood with stunning architectural features like the Flatiron building, Berczy Park fountain and the original facades of Front Street East.
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Extras
One parking, One locker included.
Nearby Intersections
Front & Church (19)
King & Church (18)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$7,332 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (D)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 10.76' x 17.59' | Hardwood Floor, East View, O/Looks Dining |
| Living | Main | 12.83' x 15.42' | Hardwood Floor, Fireplace, Walk-Out |
| Family | Main | 12.76' x 16.83' | Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
60 Colborne St 1002 is a 2-bedroom 2-bathroom condo listed for sale at $1,639,000, which is $873,548 (114.1%) higher than the average sold price of $765,452 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $8,631 (1.1%) compared to the previous 30 day period (September 22 - October 21) and down $38,146 (4.7%) from the same time one year ago.Inventory Change
There were 1,197 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 22 - November 20), which is down 4.8% compared with the previous 30 day period (September 22 - October 21) and up 7.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($20,550) (2.7%) below asking price over the last 30 days (October 22 - November 20), which represents a $1,928 decrease compared to the previous 30 day period (September 22 - October 21) and ($20,698) more 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 2-bedroom condos in Downtown Toronto over the last 30 days (October 22 - November 20) stood at 49.0%, up from 37.7% over the previous 30 days (September 22 - October 21) and up from 36.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (October 22 - November 20), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Chestnut Park Real Estate Limited
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