1 King Street Unit 806, Toronto, ON M5H 1A1
- $539,000
- 1
- BD
- 1
- BA
- List Price
- $539,000
- MLS#
- C14150570
- Status
- ACTIVE
- Type
- Condo
- SubType
- Condo Apartment
- Style
- Apartment
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 0-499
- Province
- ON
- Municipality
- Toronto
- Area
- Toronto
- Neighborhood
- Bay Street Corridor
- Subdivision
- Yonge St And King St W
Property Description
**Exceptional Investment Opportunity at One King West!** Hassle-free ownership with positive cash flow from day one. This suite is in the hotel rental pool with a **factor of 1.2** and a **published net income of $40,081**, and 2026 distributions are running ahead of last year. It comes fully furnished with a **king bed**, washer and dryer, an open-concept layout and high ceilings. The owner can stay in the unit (with restrictions), so it works as an income property and a pied-à-terre in the heart of the city. You get luxury 24-hour hotel services, and condo fees cover all utilities: TV, internet, heat, hydro and water. Direct indoor access to the TTC, the PATH, the Financial District, shopping, bars and restaurants.
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Additional Information
- Taxes
- $3,560
- Maintenance Fee
- 722.37
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Kitchens
- 1
- Exterior
- Concrete
- Garage Type
- None
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Listing courtesy of FOREST HILL REAL ESTATE INC..