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    Toronto / Downtown / St. Lawrence

    PH2701 - 8 Colborne St

    For SaleCosmopolitan
    $3,495,000
    5 Beds
    4 Bath
    1 Parking
    3,250 - 3,499 SQFT
    56 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $4,357/mth
    Taxes:
    $9,476 (2024)
    Cost Per Sqft:
    $999 - $1,075/sqft
    Locker:
    Ensuite
    Outdoor Space:
    Terrace
    Exposure:
    South West
    Possession Date:
    October 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    2nd Bedroom
    13.91 x 10.5ft
    3rd Bedroom
    11.84 x 9.42ft
    4th Bedroom
    13.32 x 11.25ft

    About this Listing

    Spectacular Sun-drenched 3000sf Penthouse with the best view of Downtown Toronto awaits you. Private and discreet, this generous 5-bedroom duplex plus solarium & den in the heart of downtown Toronto is a rare gem indeed. Each bedroom with direct access to outdoor space soaring floor-to-ceiling windows. Generous 700 Sq wrap around terrace with hot tub with spectacular 27th floor direct views of CN tower and Toronto's waterfront plus 3 balconies for each room on the main floor.

    ExtrasAll residents enjoy The Cosmopolitan Hotel & Residences amenities: 24-hr concierge, room service, rooftop hot tub, and luxurious Zenspa. Steps from Yonge and King.

    forest hill real estate inc.MLS® #C9311704

    Amenities

    Concierge
    Party Room
    Security System
    Sauna
    Indoor Parking
    Games Room

    Explore Neighbourhood

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Price Trends

    Maintenance Fees

    Cosmopolitan vs The St. Lawrence Area

    Building Trends At Cosmopolitan

    Days on Strata

    Units at Cosmopolitan spend an average of
    N/A
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in St. Lawrence

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    0
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Cosmopolitan offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    Cosmopolitan has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    Cosmopolitan yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    Cosmopolitan is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 8 Colborne Street

    Studio1 Bed1 Bed + Den2 Bed3 Bed + Den
    Price RangeNo DataNo DataNo DataNo DataNo Data
    Avg. Cost Per SqftNo DataNo DataNo DataNo DataNo Data
    Avg. Wait for Unit Availability465 Days113 DaysNo DataNo DataNo Data
    Ratio of Units in Building19%72%2%6%4%

    Transactions vs Inventory

    Total number of units listed and sold in St. Lawrence