8 Sultan St

8 Sultan Street is a mid-rise apartment condo in Toronto's Bay Street Corridor, completed in 1999. The building has 6 floors and was developed by Sultan Developments Inc. Recent sales have averaged around $1.6 million for units averaging roughly 1,500 square feet, translating to approximately $1,083 per square foot. Monthly condo fees average around $2,240, covering heat, water and building insurance. The property is located within 800 metres of numerous restaurants, cafes, grocery stores and parks, with the Bloor Street West rapid-transit station just 108 metres away. Before committing to a purchase, prospective buyers should have the status certificate, reserve fund study, budget, financial statements and by-laws independently reviewed.