1 King St 806

Bay Street Corridor, Toronto
$539K For Sale

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.

Features

  • Facing: West
  • Bedrooms: 1
  • Bathrooms: 1
  • Garages:
  • Kitchens: 1

Details

  • Space: 0-499
  • Maintenance: $ 722.370
  • Tax: $ 3560.00
  • C14150570
  • Listing contracted with: FOREST HILL REAL ESTATE INC.
Bathroom Pieces Level
1xBath4 pcs



Property Summary

Located close to the intersection of Yonge St and King St W, #806-1 King St is a 1 bedrooms 1 washrooms Condo Apt. The property has many nice features including None. .

One King West Hotel & Residence

1 King St was developed by real estate developer Harry Stinson. The age of the residential building is approximately 21 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 8 for lease in 1 King St.


School Information

  • elementary schools
    Market Lane Junior and Senior Public School (Grade:JK-8) 2364/3037
  • secondary schools
    Jarvis Collegiate Institute (Grade:9-12) 651/739
  • elementary schools
    St. Michael Catholic School (Grade:JK-8) 1195/3037
  • elementary schools
    Dundas Junior Public School (Grade:JK-5)
  • elementary schools
    Queen Alexandra Middle School (Grade:6-8)
  • elementary schools
    Winchester Junior and Senior Public School (Grade:0-8)


Commute Information

Weston Go Train Station (0.5km)

Location



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