$369,000

For sale

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#1702 8 Colborne Street, Toronto (Church-Yonge Corridor) - Single Family for Sale

#1702 8 Colborne Street, Toronto (Church-Yonge Corridor), Ontario, M5E1E1

1 bed1 bath0 parking ft²

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Listed by CITYSCAPE REAL ESTATE LTD.

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#4707 1 Bloor Street East, Toronto (Church-Yonge Corridor), Ontario, M4W1A9

For saleJust listed

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$928K

#4707 1 Bloor Street East, Toronto (Church-Yonge Corridor), Ontario, M4W1A9

3 bd2 ba1 pk850 ft²+$828/mo

Listed by HOMELIFE LANDMARK REALTY INC.

Investment analysis

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$369,000

Toronto

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$869/mo condo fee

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $369,000, it is attractively priced about 38% below the $595,000 median asking price in Toronto.

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Description

Welcome To The Cosmopolitan Hotel & Residence, Stylish Living In The Heart Of The City! Bright & Beautiful North Facing. Fully Furnished 1 Bedroom Executive Suite With A Green Atrium View. Just bring your bags! Fantastic opportunity for working professionals in the financial district or for students going to TMU / UofT / OCAD. Bathroom recently renovated. Steps To Union Station & Great Amenities Include Spa, Gym, Wine Bar, Restaurant, Conference Rm, 24 Hr Concierge and more! Tenant has submitted N9 and is vacating October 31st 2026. See Virtual tour! (id:66096)

Property Details

MLS®: C13736992
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $869/mo
Fee Includes: Insurance
Ownership: Condo/Strata
Property Tax: $1,757.02/yr
Listed: 63 days ago

Rooms

Flat

Bedroom: 3.6 x 3 meters
Living room: 4.5 x 3.6 meters
Kitchen: 2.3 x 2.2 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Stove, Oven, Microwave, Hood Fan, Window Coverings
Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

63d

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$1,479

List price

$369K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Toronto (Church-Yonge Corridor) has been listed for 63 days, right at the city average. A solid opportunity worth looking into.

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Listed by CITYSCAPE REAL ESTATE LTD. · NAVEED AKBAR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5E)

This home lists at $369,000, about 3.8× the local median household income of $98,000.

Carrying it typically needs a household income of about $72,079 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $98,000
Population: 11,779
Median age: 34.4
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5E)

$369,000· $1,479/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,450

Min 5%50%

Mortgage payment$1,944/mo

↳ CMHC premium ($14,022 capitalized)

Property tax (est.)$146/mo

Condo fee$869/mo

Total monthly$2,959

Cash Needed to Close

Down payment (5%)$18,450

Land transfer tax$8,020

Est. closing costs$3,607

Total cash needed$30,077

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice