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
$539,000
Bedrooms
1 Beds
Bathrooms
1 Baths
Size
0-499 sqft
Year Built
Not listed
Property Type
Condo
Property Taxes
$3560
**Exceptional Investment Opportunity at One King West!** Hassle-free ownership with positive cash flow from day one. This suite is in the hotel rental pool with a **factor of 1.2** and a **published net income of $40,081**, and 2026 distributions are running ahead of last year. It comes fully furnished with a **king bed**, washer and dryer, an open-concept layout and high ceilings. The owner can stay in the unit (with restrictions), so it works as an income property and a pied-à-terre in the heart of the city. You get luxury 24-hour hotel services, and condo fees cover all utilities: TV, internet, heat, hydro and water. Direct indoor access to the TTC, the PATH, the Financial District, shopping, bars and restaurants.
Unit Number
86
Maintenance Fee
$722.37/month
Inclusions
Cable, Heat, Hydro, Water
Building Insurance
Yes
Exposure
West
Locker
Not listed
Parking Type
Not listed
Pet Policy
No
Property Manager
Y.L HENDLER 416-548-8219
Stories
8 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)
$431,200
Total Interest Payments
$265,862
Total Payment (Principal + Interest)
$697,062
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Toronto, ON M4Y 0A5
Listed By: REALTY ASSOCIATES INC.
Toronto, ON M5G 2M4
Listed By: Royal LePage Frank Real Estate
Toronto, ON M5S 2A2
Listed By: ROYAL LEPAGE TERREQUITY TEAM SOBERANO
Toronto, ON M5H 4E8
Listed By: SUTTON GROUP-ADMIRAL REALTY 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.
