4305 - 1 King Street W Toronto, Ontario M5H 1A1

1 Bathroom 0 - 499 ft2
Indoor Pool Central Air Conditioning Heat Pump, Not Known

$525,000

Maintenance, Cable TV, Common Area Maintenance, Heat, Electricity, Insurance, Water

$736.84 Monthly

Outstanding income-generating opportunity with proven returns. Rarely available, renovated large studio suite with unobstructed east-facing lake views, offered fully furnished. This 1.2-factor unit is currently enrolled in the hotel rental pool, delivering an estimated approx 6.5% net return. Located in the heart of the Financial District, the buyer may continue with the hotel program or occupy personally. Hotel income statement available upon request, with the 2025 financial statement available end of January. Open-concept layout with no separate bedroom. Direct underground access to subway and PATH. Condo fees include TV, internet, heat, hydro, and water. Prime downtown location supporting strong and consistent rental demand. (id:47351)

Property Details

MLS® Number C12730578
Property Type Single Family
Community Name Bay Street Corridor
Amenities Near By Hospital, Place Of Worship, Public Transit, Schools
Community Features Pets Allowed With Restrictions
Features In Suite Laundry
Pool Type Indoor Pool
View Type View

Building

Bathroom Total 1
Amenities Security/concierge, Exercise Centre, Visitor Parking
Basement Type None
Cooling Type Central Air Conditioning
Exterior Finish Concrete, Stone
Heating Fuel Electric
Heating Type Heat Pump, Not Known
Size Interior 0 - 499 Ft2
Type Apartment

Parking

Underground
Garage

Land

Acreage No
Land Amenities Hospital, Place Of Worship, Public Transit, Schools

Rooms

Level Type Dimensions
Flat Bedroom 5.88 m x 3.81 m
Flat Kitchen 3.14 m x 2.51 m
Flat Bathroom 2.3 m x 1.58 m

https://www.realtor.ca/real-estate/29291147/4305-1-king-street-w-toronto-bay-street-corridor-bay-street-corridor