8 Colborne St 2505

FOR SALE
$399,000
8 Colborne St 2505, Toronto
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
8 Colborne St 2505
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0
BEDROOMS
1
BATHROOMS
1
KITCHENS
2
ROOMS
C11989111
MLSID
Contact Us
Property Description
Experience urban living at its finest in this stylish studio condo, perfectly situated in the heart of the Financial District. Enjoy view of the iconic CN Tower and the vibrant city skyline, especially dazzling at night. Convenience is key with King Subway Station just steps from the lobby, and Porter Airport only a quick 10-minute drive away. The condo features a well-equipped kitchen, a modern bathroom. Dont miss out on this exceptional opportunity to live in one of Toronto's most sought-after locations!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-15 2024-10-10 56 $429,000 - Terminated
Nearby Intersections
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,745 (2024)
Basement
None
Exterior
Brick Front
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
DiningMain10.99' x 8.01'Combined W/Kitchen
KitchenMain6.00' x 6.00'Combined W/Dining
LivingMain8.01' x 8.01'Combined W/Master
Prim BdrmMain8.01' x 8.99'Combined W/Living
Toronto Market Statistics
Toronto Price Trend
8 Colborne St 2505 is a 0-bedroom 1-bathroom condo listed for sale at $399,000, which is $20,875 (5.5%) higher than the average sold price of $378,125 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 0 bedroom condo in Toronto declined by $23,770 (5.9%) compared to the previous 30 day period (December 22 - January 20) and down $40,491 (9.7%) from the same time one year ago.
Inventory Change
There were 76 0-bedroom condos listed in Toronto over the last 30 days (January 21 - February 19), which is up 20.6% compared with the previous 30 day period (December 22 - January 20) and down 9.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
0-bedroom condos in Toronto typically sold ($18,274) (4.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $5,429 decrease compared to the previous 30 day period (December 22 - January 20) and ($2,228) 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 Toronto over the last 30 days (January 21 - February 19) stood at 15.8%, down from 19.0% over the previous 30 days (December 22 - January 20) and down from 28.6% 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 Toronto stood at 42 days when successfully sold over the last 30 days (January 21 - February 19), compared to 65 days before being removed from the market upon being suspended or terminated.
Listing contracted with Realty 21 Inc.
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