Outside view for 1 King St #2603, Toronto Ontario M5H 1A1
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Indoor lobby for 1 King St #2603, Toronto Ontario M5H 1A1
58 Days on Market

1 King St #2603, Toronto, Ontario M5H 1A1

In the same building:
-
$675,000
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Condo
- + 1
1
~500-599 sqft

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Highlights

Estimated Value$779,000*

Price/Sqft$1,238/sqft

Days On Market58 days

Est. Mortgage$2,899/mth

Maintenance fees$814/mth

Tax Amount (2024)$4,350/yr

*Last updated on: 24/07/22

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.


Property Details

StyleApartment
View-
Age of property16-30
SqFt~500-599 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC8370868
Community NameBay Street Corridor
Data SourceTRREB

Features

Heating: Forced Air
Cooling: Central Air

26Story
Amenities

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

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Now
Listed for$675,000
58 days on market
history photo preview17
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Property listed by CHESTNUT PARK REAL ESTATE LIMITED, Brokerage

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Comparable Sales

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Sold for $•••,•••
909 Bay St #2401, Toronto
••••••••• sq ft
Listed by BOSLEY REAL ESTATE LTD.
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Sold for $•••,•••
38 Grenville St #2110, Toronto
••••••••• sq ft
Listed by GOWEST REALTY LTD.
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Sold for $•••,•••
38 Grenville St #2202, Toronto
••••••••• sq ft
Listed by SKYLAND REALTY INC.

Market DataFor the past 30 days in Bay Street Corridor

Median Selling Price

$740,000

11.28% more than GTA:

$665,000

Median Bidding

Underbidding - Trending to buyer market

-$17,000

GTA median: -$11,900

Median Number of Sales

115 sales

1502 sales less than GTA:

1617 sales

Median Number of Days on Market

21 days

similar to GTA:

21 days

Want more insights?Visit the Market Pulse


Schools and amenities

Estimated Budget