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8 Colborne Street - 1 bd/1bth luxury property - Investor Dream!

Toronto, ON M5E 1E1

1 Beds

1 Baths

549 sq ft

luxury property
Off-Market

$390,000

Asking Price

8 Colborne Street - 1 bd/1bth luxury property - Investor Dream!, photo 1
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About This Property

Welcome to luxury downtown living at the prestigious Cosmopolitan Hotel & Residences. Perched on the 23rd floor, this bright and well-appointed 549 sq. ft. 1-bedroom, 1-bathroom suite offers an exceptional opportunity for homeowners and investors alike in one of Toronto's most sought-after locations (King & Yonge). Featuring a functional open-concept layout, this south-facing suite is filled with natural light and offers beautiful city views through expansive windows and a charming Juliette balcony. The thoughtfully designed floor plan maximizes every square foot, creating a comfortable and inviting living space ideal for professionals, first-time buyers, or those seeking a downtown pied-à-terre. Located at 8 Colborne Street in the heart of Toronto's Financial District, you're just steps from St. Lawrence Market, Union Station, the PATH, King Subway Station, the waterfront, world-class dining, shopping, entertainment, and everything downtown Toronto has to offer. A unique feature of ownership at the Cosmopolitan is the opportunity to participate in the hotel's rental program (subject to approval and program requirements), providing investors with added flexibility and income-generating potential. Whether you're looking for a stylish urban residence or a versatile investment property with hotel rental potential, this rare offering delivers outstanding value in an unbeatable downtown location. Experience elevated city living from the 23rd floor at the Cosmopolitan Hotel & Residences. Parking: No Storage: No Property Taxes: $1900.70 (2025) Maintenance Fees: $850.48

Opportunity Analysis

Score: 8 / 10

Recommended Strategy:

Rental|Turnkey

Facts & Features

Property Type

luxury property

Status

available for investment

Square Feet

549 sq ft

Separate Entrance

No

Business Case

Strengths

Luxury downtown location

Potential for high rental income

Hotel rental program for added income-generating potential

Weaknesses

Higher purchase price

Potential for high maintenance costs

Opportunities

Growing demand for downtown living

Potential for long-term appreciation in value

Threats

Market fluctuations

Changing demand for downtown living

Mortgage Calculator

Down Payment

0%
20%
50%
100%

Canadian semi-annual compounding

Down

$78,000

Loan

$312,000

Monthly P+I

$2,090

Cash Flow Analysis

= $78,000  ·  20.0% committed

Auto-calculated from mortgage above

Ontario default: 1.2% of $390,000 ÷ 12

Monthly Summary

Mortgage (P+I)

$2,090

Property Tax

$390

Total Out

$2,480

Rental In

$0

Net / Month

-$2,480

Net Cash Flow

NET / MO-$2,480

Enter rental income to activate the gauge

Asking Price

$390,000

Off-Market

Posted Aug 14, 2026 · 19 days ago

1 bd

·

1 ba

·

549 sqft

Interested in this property?

Get details and a cash offer from our team.

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