Cosmopolitan Hotel & Residence

The Cosmopolitan Hotel & Residence at 8 Colborne Street in Toronto's Church-Yonge Corridor is a 25-storey high-rise apartment condominium completed in 2005. This 1-bedroom executive suite unit exemplifies the building's urban appeal, featuring furnished layouts ideal for working professionals and students near the financial district, University of Toronto, OCAD, and TMU. Recent sales activity is limited, though current listings average around $369,000 and rental units typically lease for approximately $2,135 monthly. Condo fees average roughly $882 per month and include heat, water, hydro, and building insurance. The building offers comprehensive amenities including a 24-hour concierge, fitness centre, spa, wine bar, restaurant, and guest suites. Situated 50 metres from Yonge/King station and surrounded by 168 restaurants and extensive transit access, the location suits downtown living. Before committing to purchase, obtain and professionally review the status certificate, reserve fund study, financial statements, and board minutes to understand the building's financial health and any pending assessments.