Active

1 King St W Unit: 2603

Toronto Ontario, M5H 1A1

$675,000


Active

1 Bed

1 Bath

Condo

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.

C8370868

MLS ID

August 30, 2024

Updated

Map

1 King St W Unit: 2603
Toronto Ontario, M5H 1A1

Interior Features

Total Stories

26


Bedrooms

1


Total Bathrooms

1


Laundry Description

Ensuite


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Gas

Exterior/Building Features

Lot Features

Clear View, Park, Place Of Worship, Public Transit, Rec Centre


Architectual Style

Apartment

Other Property Details

Area Name

Bay Street Corridor


Taxes

$4,350


Tax Frequency

Annually


Association Amenities

Bus Ctr (Wifi Bldg), Concierge, Gym, Indoor Pool, Party/Meeting Room


Garage

No


Parking

None


Parking Total

0


View

No


County

Ontario


Municipality

Toronto


Pool

No


Zoning

mixed

 

Courtesy of Listed by , CHESTNUT PARK REAL ESTATE LIMITED,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2024 Toronto Real Estate Board. All rights reserved. 

Data last updated 4:18 PM UTC, 8/30/2024

 

Powered byLuxury Presence