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Off-market opportunityPosted 2 months ago

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

Toronto, ON M5E 1E1

Asking Price

$390,000

1

Bed

1

Bath

549

Sq ft

Condo

Type

Not publicly listed. Surfaced by PrivateDeals from off-market and pre-market activity.

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

Opportunity score

5.5 / 10

Recommended strategy

Turnkey

Automated estimate generated from listing data. Not a property valuation or investment advice.

Facts and features

Property type

Condo

Square feet

549 sq ft

Separate entrance

Yes

Business case

Strengths

  • Luxury downtown location in the Cosmopolitan Hotel & Residences
  • Hotel rental program offering potential income
  • South-facing suite with expansive windows and Juliette balcony

Opportunities

  • Opportunity to participate in hotel rental program for additional income
  • Proximity to transit (PATH, King Subway) and major amenities attracts investors and tenants
  • Potential appreciation in prestigious downtown Toronto real estate

Weaknesses

  • Small 549 sq. ft. footprint limits space
  • Only one bedroom and one bathroom restricts appeal to larger families
  • High condo fees typical of hotel residences may impact return

Threats

  • Market downturn could reduce hotel occupancy and rental income
  • High maintenance and condo fees could eat into profitability
  • Competition from other luxury condos in the Financial District

Mortgage calculator

Full calculator

20.0%

0%
20%
50%
100%

Monthly payment (principal + interest)

$2,090

Down payment

$78,000

Mortgage amount

$312,000

Rate · amortization

6.5% · 25 yrs

Canadian semi-annual compounding. Add CMHC & land transfer tax →

Cash flow analysis

Full rental analysis

/month

What it would rent for, all units combined

%

= $78,000 · linked to the mortgage calculator

/mo

Est. 1.2% of price a year

/mo

Repairs, condo fees

Monthly cash flow

NET / MOAdd the rent

Enter the rent to see if this home pays for itself.

Rent needed to break even

$2,480/mo

Mortgage (P+I)

−$2,090

Property tax

−$390

Asking Price

$390,000

Interested in this property?

Get full details, or a cash offer if you're the owner.

Or call (647) 333-0170

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