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Exceptional Income Property! Currently in the hotel rental pool, offering a rare investment opportunity. South West exposure. $41,284 net income for 2024. Expect more traveler in 2025 and world cup in 2026. This 1.3-factor unit is a fully furnished suite just minutes from the Financial District, with direct access to the subway and PATH. Condo fees cover everythingTV, internet, heat, hydro, and water! A prime location with unbeatable convenience
All Existing Chattels, Fixtures, Furnitures. Buyer To Verify Taxes. Income Statement Is Available Upon Request.
City: Toronto
Neighborhood: Bay Street Corridor
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Oct 16, 2024 | 76 | $600,000 | N/A | Expired | C9397637 |
Purchase Price | $588000 |
Down Payment | $117600 |
Mortgage Insurance | $0 |
Total Mortgage | $470400 |
Mortgage Payment | $2899 |
Property Taxes | $350 |
Maintenance Fees | $776 |
Monthly Payment | $4025 |
Sold Comparables homes near 1 King St W, Unit #3012, Toronto
Located at 1 King St W Unit #3012, this Toronto condo is available for sale. This property was listed for $588,000 on Wed Feb 05 2025. This condo's size is 500-599 Sqft. It has 1 bedroom and 1 bathroom. Monthly maintenance is $776 per month and taxes are approximately $4,200 annually. Views are to the SouthWest from this property. Step outside onto the open balcony. The property's amenities include Guest Suites, Gym, Party/Meeting Room, Recreation Room, Sauna. The property includes the following rooms: Living, Kitchen, Br. This property also comes with a locker. Heat, Hydro, Water are included with this property. 1 King St W, Toronto is situated in the Bay Street Corridor neighbourhood.
MLS#: C11957265 · $588,000 · 1 bedroom condo in Bay Street Corridor, Toronto