50 days on Market

1 King St #3012, Toronto, Ontario M5H 1A1

In the same building:
-
Condo
1
1
~500-599 sqft
$600,000
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Condo
1
1
~500-599 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,101/sqft

Est. Mortgage$2,577/mo

Maintenance fees$776/mo

Tax Amount (2024)$4,523/yr

Days On Market50 days


Description

Exceptional Income Property! Currently in the hotel rental pool, offering a rare investment opportunity. South West exposure. 549 sqf. This 1.3-factor unit is a fully furnished suite just minutes from the Financial District, with direct access to the subway and PATH. Condo fees cover everything TV, internet, heat, hydro, and water! A prime location with unbeatable convenience


Property Details

StyleApartment
View-
Age of property16-30
SqFt~500-599 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC9397637
Community NameBay Street Corridor
Data SourceTRREB

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Living

0.00 x 0.00

Laminate / Large Window / Combined W/Kitchen

Kitchen

0.00 x 0.00

Laminate / Open Concept / Combined W/Living

Br

0.00 x 0.00

Laminate / Window


30Story
Amenities

Guest Suites, Gym, Party/Meeting Room, Recreation Room, Sauna

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by RE/MAX PREMIER INC., Brokerage

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Comparable Sales

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Sold for $•••,•••
70 Temperance St #4309, Toronto
••••••••• sq ft
Listed by CENTURY 21 PERCY FULTON LTD.
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Sold for $•••,•••
21 Balmuto St #806, Toronto
••••••••• sq ft
Listed by CONNECTION ELITE REALTY INC.
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Sold for $•••,•••
20 Richardson St #2709, Toronto
••••••••• sq ft
Listed by BOSLEY - TORONTO REALTY GROUP INC.

Market DataFor the past 30 days in Bay Street Corridor

Median Selling Price

$686,000

8.37% more than GTA:

$633,000

Median Bidding

Underbidding - Trending to buyer market

-$22,000

GTA median: -$14,000

Median Number of Sales

90 sales

1751 sales less than GTA:

1841 sales

Median Number of Days on Market

32 days

3 days more than GTA:

29 days

Want more insights?Visit the Market Pulse


Population and Demographics

Overview

Total population 25153
Average household income $136,822

Age (%)

20 to 34
51%
35 to 49
18%
50 to 64
13%
65 and plus
10%
0 to 19
8%

Household composition (%)

Single person
57%
Single family
30%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
55%
Mandarin
15%
Yue (Cantonese)
5%
Spanish
3%
Korean
3%
Arabic
3%
French
3%
Hindi
2%
Russian
1%
Others
1%

House tenancy (%)

Renters
69%
Owners
31%

Schools and amenities

Estimated Budget