$525,000
Available - For Sale
Listing ID: C12730578
1 King Street West , Toronto, M5H 1A1, Toronto
| Outstanding income-generating opportunity with proven returns. Rarely available, renovated large studio suite with unobstructed east-facing lake views, offered fully furnished. This 1.2-factor unit is currently enrolled in the hotel rental pool, delivering an estimated approx 6.5% net return. Located in the heart of the Financial District, the buyer may continue with the hotel program or occupy personally. Hotel income statement available upon request, with the 2025 financial statement available end of January. Open-concept layout with no separate bedroom. Direct underground access to subway and PATH. Condo fees include TV, internet, heat, hydro, and water. Prime downtown location supporting strong and consistent rental demand. |
| Price | $525,000 |
| Taxes: | $3611.18 |
| Occupancy: | Partial |
| Address: | 1 King Street West , Toronto, M5H 1A1, Toronto |
| Postal Code: | M5H 1A1 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Yonge/King/Bay |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Flat | Bedroom | 19.29 | 12.5 | |
| Room 2 | Flat | Kitchen | 10.3 | 8.23 | |
| Room 3 | Flat | Bathroom | 7.54 | 5.18 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Flat |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Washrooms: | 1 |
| Heat Type: | Heat Pump |
| Central Air Conditioning: | Central Air |
| Elevator Lift: | False |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX HALLMARK REALTY LTD. |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Condo Apartment |
| Area: | Toronto |
| Municipality: | Toronto C01 |
| Neighbourhood: | Bay Street Corridor |
| Style: | Apartment |
| Tax: | $3,611.18 |
| Maintenance Fee: | $736.84 |
| Baths: | 1 |
| Fireplace: | N |
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