Condo · For saleJul 2, 2024$539,000
Toronto · Bendale
$539,000
Added 3 days ago
Property type
Condo Apartment
Style
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Apartment
Size
0-499 sqft
Parking
0.0 spaces
Taxes
$3,560 /yr
Condo fee
$722 /mo
MLS®
C14150570
Listed by
FOREST HILL REAL ESTATE INC.
**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.
1 King Street, Toronto, ONGet directions
Estimate your monthly payment
Estimated monthly payment
$2,394/mo
Principal + interest
$2,394
Total interest
$287,091
Estimate only. Excludes property taxes, heating and maintenance. Rates and terms subject to lender approval.
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