1 King St W 2603 (2024-05-24)

Description

Welcome To One King West. This Fully Furnished, recently updated hotel suite In The Heart Of The Financial District offers an incredible investment opportunity. This unit garnered a staggering gross revenue of $125,529 last year alone. A cap rate you likely won't find anywhere else in Toronto. Rather then Pay For Hotels Why Not Purchase A Cost Effective Investment You Can Actually Use. This oversized Studio Apartment features Beautiful Large Windows With Tremendous Views Of The City To The North. Experience the pinnacle of luxury living. With this centre ice location, You'll enjoy direct access to TTC, The PATH, shopping, galleries, theaters, bars, and restaurants. Whether you're seeking a high return cash flow investment or yearning for the true Manhattan lifestyle in the heart of Toronto, this property offers it all.Including An Indoor Pool, Dry Sauna, Outdoor Summer Lounge, & Exercise Room. It Also Offers 24-Hour Concierge, Onsite Property Management, Access To Room Service & Valet Pkg.Generous amenities include an Indoor Pool, Dry Sauna, Outdoor Summer Lounge, & Exercise Room.

Features

Facing: North West
Bedrooms: +1
Bathrooms: 1
Garages: 0
Kitchens: 1

Details

Space: 500-599
Age: 16-30
Maintenance: $ 814.27
Tax: $ 4350.00
C8370868
Listing contracted with: CHESTNUT PARK REAL ESTATE LIMITED

Bathroom	Pieces	Level
1xBath	4 pcs	Main

Property Summary

Located close to the intersection of Yonge and King, #2603-1 King St W is a +1 bedrooms 1 washrooms Condo Apt. The property has many nice features including Rec Centre, Public Transit, Place Of Worship, Park and Clear View. .

One King West Hotel & Residence

1 King St W was developed by real estate developer Harry Stinson. The age of the residential building is approximately 19 years. It has about 49 levels and 588 units. One King West Hotel & Residence offers amenities such as Gym, Concierge, Indoor Pool, Party/Meeting Room, Visitor Parking, Sauna, Rooftop Deck/Garden, Business Centre (WIFI) and Connection to PATH. The monthly maintenance fee includes Heat, Water, Hydro and Air Conditioning. There are total 3 units for sale and 5 for lease in 1 King St W.