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New2 hours ago

2105 - 1 King Street W

Bay Street Corridor, Toronto

$349,800

Condo Apartment |
0 | 1 | 0 | 0
About this home

The most prime of locations in downtown Toronto - ONE KING WEST. Tired of commuting or the unknown of hotel availability? This RENOVATED studio space with 10ft ceilings with an open view is the ideal suite to accommodate your stay in the heart of Toronto's financial district. Connected directly to the underground PATH system and King subway station, there is nothing more convenient than walking indoors year-round to get to important meetings, health/self-care appointments, great restaurants, shopping and more. The ultimate turnkey opportunity - all the headaches of renovation rules and restrictions at this location have already been handled; you simply get to move in and enjoy the beautiful, modern result as your getaway in the city or full time home! For investors, this fully furnished, move-in-ready suite also presents an excellent opportunity to attract premium rental income from professionals. 24hr concierge, rooftop gym, lap pool, and sauna are included, but you can also enjoy traditional hotel services like room service and housekeeping for a fee. Maintenance fees include all utilities, cable TV and internet! King streetcar at your door, steps to Union Station, St Lawrence Market, Eaton Centre, theatres, St Michael's Hospital and so much more.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$674
LockerNone
BalconyNone
ExposureSouth East
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$1,872
mls© NumberC14149888
Listed ByROYAL LEPAGE TERREQUITY PLATINUM REALTY
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,790
Property tax
$156
Heat allowance
$150
Condo fees, half counted
$337
Housing costs
$2,434 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $69,960
25-yr amortization

Income needed

$75,000

gross annual household income

Payment at 4%
$1,472 / mo
Cash down
$69,960

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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