Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$350,000
Bedrooms
Not listed
Bathrooms
1 Baths
Size
0-499 sqft
Year Built
New
Property Type
Condo
Property Taxes
$3306.21
Welcome to luxury living and an exceptional investment opportunity in the heart of Toronto's Financial District. Rarely offered, this beautifully renovated and fully furnished large studio suite features a bright open-concept layout with breathtaking unobstructed east-facing views extending toward the lake. Situated on a high floor, the unit is filled with natural light throughout the day.Currently enrolled in the hotel rental program, this property generates a high net return, with hotel income statements available upon request. Buyers have the flexibility to continue participating in the hotel program or enjoy the suite as their own downtown residence.Enjoy unbeatable convenience with direct underground access to the subway and Toronto's PATH network, placing the city's financial core, world-class dining, shopping, and entertainment just steps away. Residents also enjoy access to the exceptional hotel-style amenities at the prestigious One King West Hotel. Condo fees include heat, hydro, water, TV, and internet, making ownership even more convenient.Whether you're seeking a turnkey investment with strong rental demand or a stylish pied-à-terre in one of Toronto's most sought-after locations, this is a rare opportunity not to be missed.
Unit Number
2311
Maintenance Fee
$616.27/month
Inclusions
Cable, Heat, Hydro, Water
Building Insurance
Yes
Exposure
South West
Locker
Not listed
Parking Type
Underground
Pet Policy
Yes-with Restrictions
Property Manager
Y.L. Hendler Property Management
Stories
23 floors
Condo Corp Number
1703
Water
Included
Hydro
Included
Cable
Included
Heat
Included
Parking
Not included
Taxes
Not included
Total Monthly Payment
$0 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$280,000
Total Interest Payments
$172,638
Total Payment (Principal + Interest)
$452,638
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Toronto, ON M5H 1A2
Listed By: SMART SOLD REALTY
Toronto, ON M5G 0A6
Listed By: HOMELIFE NEW WORLD REALTY INC.
Toronto, ON M5S 3K4
Listed By: HOMELIFE NEW WORLD REALTY INC.
Toronto, ON M4Y 0G4
Listed By: TIMES SQUARE REAL ESTATE SERVICES INC.
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
