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1 King St W, #625

Bay Street Corridor
Toronto, Ontario
$429,900
For Sale
MLS© ID: C3956307
1 Bath(s)

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This Is A Hotel Managed Unit Net, Net, Net To A Cap Rate Of About 6.6% /$28, 242 Per Year. The Hotel Pays Monthly By Direct Deposit. The Income Has Risen Annually. 587.73 Sq. Ft. In Area. Owner Can Live In The Unit On A Temporary Basis As Per Hotel Management Policy. The Suite Is Now At A Commercial Realty Tax Rate.

Extras: All Furniture And Chattels Are Regulated By The Hotel Management But Owned By Unit Owner And Thereby Included In The Purchase Price. Direct Access To The King Subway Station. Hotel Factor 1.3. Commercial Offers Submit To Btsui71@Gmail.Com

Property Features

  • Bathroom(s): 1
    • 4 piece : 1 total
  • Kitchen(s): 1
  • Approx. Square Footage: 500-599
  • Estimated Annual Taxes: $4,677.65
  • Maintenance Fees: $678.42
  • Amenities: Bus Ctr (Wifi Bldg), Concierge, Gym, Lap Pool, Security System
  • Pets Permitted: Restrict
  • Exposure: S
  • Air Conditioning: Yes
  • Exterior: Concrete
  • Living style: Apartment
  • Property type: Condo Apt

 


 

 

 

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