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$ 539,000
Est. payment /mo
New
1 King ST #806 Toronto, ON M5H 1A1
1 Bed
1 Bath
UPDATED:
Key Details
Property Type Condo, Apartment
Sub Type Condo Apartment
Listing Status Active
Purchase Type For Sale
Approx. Sqft 0-499
Municipality Toronto C01
Subdivision Bay Street Corridor
MLS Listing ID C14150570
Style Apartment
Bedrooms 1
Maintenance Fees $722
Annual Tax Amount $3,560
Tax Year 2025
Property Sub-Type Condo Apartment
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.
Location
Province ON
County Toronto
Community Toronto C01
Area Toronto
Rooms
Family Room No
Basement None
Kitchen 1
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Exposure West
Balcony None
Building
Story 8
Locker None
Others
Pets Allowed No
ParcelsYN No
Listed by FOREST HILL REAL ESTATE INC.