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ATTENTION INVESTORS & FIRST-TIME BUYERS! This modern 1+Den at 50 Power St is a cash flow machine , leased for $3,000/month! Priced aggressively at $599,000 to generate interest. Schedule your showing today before it's gone! Currently tenanted at $3,000/month until October 1st, this is a fantastic investment opportunity with immediate rental income. Whether you're an investor looking for steady cash flow or a future end-user, this unit offers incredible value. Enjoy access to premium amenities, including an artists workspace, fitness and yoga studio, event room with a caterers kitchen, meeting room and lounge, games room, outdoor pool, steam rooms, community garden, outdoor grills, and a cozy fireplace. Located in one of Torontos most vibrant neighbourhoods, with TTC at your doorstep. Buyer must assume the existing tenancy until completion on October 1st, 2025.
Includes all Chattels and Fixtures, Including Stove, Dishwasher, Microwave, Oven, Fridge and all Lighting.
City: Toronto
Neighborhood: Moss Park
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Aug 10, 2024 | 17 | $2,700 | $3,000 | Leased | C9255905 |
Purchase Price | $629000 |
Down Payment | $125800 |
Mortgage Insurance | $0 |
Total Mortgage | $503200 |
Mortgage Payment | $3101 |
Property Taxes | $224 |
Maintenance Fees | $449 |
Monthly Payment | $3773 |
Sold Comparables homes near 50 Power St, Unit #1510, Toronto
Located at 50 Power St Unit #1510, this Toronto condo is available for sale. This property was listed for $599,000 on Thu Mar 06 2025. This condo's size is 600-699 Sqft. It has 2 bedrooms and 2 bathrooms. Monthly maintenance is $449 per month and taxes are approximately $2,682 annually. Views are to the East from this property. Step outside onto the open balcony. The property's amenities include Concierge, Games Room, Gym, Outdoor Pool, Party/Meeting Room, Rooftop Deck/Garden. The property includes the following rooms: Living, Kitchen, Primary, 2nd Br. This property also comes with a locker. 50 Power St, Toronto is situated in the Moss Park neighbourhood.
MLS#: C11985966 · $599,000 · 2 bedroom condo in Moss Park, Toronto