1 King St W

Unit 2603

Toronto C01 | Bay Street Corridor | M5H 1A1
  • 0 + 1
  • 1
  • 0

$649,000

Est. Mtg $2,200 /mo
  • Days on market

    14

  • Status

    New

Listing Broker CHESTNUT PARK REAL ESTATE LIMITED
Since listed: 0 views

Home details

MLS #:

C10420470

Property type:
Condo Apt
Style:
Apartment
Taxes:
$4,350
Possession:
immediate
Locker:
None
View:
Ne
Maintenance:
$814
Management:
Y.L. Hendler 416-548-8197
SQFT:
500-599

Description


1 King St W, 2603, Toronto, Ontario is a Condo Apt property in Toronto C01 and in the Bay Street Corridor community in the M5H 1A1 postal code


Welcome To One King West. This Fully Furnished, recently updated hotel suite In The Heart Of The Financial District offers an incredible investment opportunity. As part of the Hotel Pool, This unit garnered a staggering gross revenue of $125,529 last year alone. A cap rate you likely won't find anywhere else in Toronto. Rather then Pay For Hotels Why Not Purchase A Cost Effective Investment You Can Actually Use. This oversized Studio Apartment features Beautiful Large Windows With Tremendous Views Of The City To The North, East and West. Experience the pinnacle of luxury living. With this centre ice location, You'll enjoy direct access to TTC, The PATH, shopping, galleries, theatres, bars, and restaurants. Whether you're seeking a high return cash flow investment or yearning for the true Manhattan lifestyle in the heart of Toronto, this property offers it all.Including An Indoor Pool, Dry Sauna, Outdoor Summer Lounge, & Exercise Room. It Also Offers 24-Hour Concierge, Onsite Property Management, Access To Room Service & Valet Pkg..

Extras

Generous amenities include an Indoor Pool, Dry Sauna, Outdoor Summer Lounge, & Exercise Room..


History

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List Date End Date List Price End Price Status MLS #
2024-11 2024-11 $649,000 $649,000 New C10420470
2024-05 2024-11 $675,000 $675,000 Ter C8370868

Comparables

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sold Date Address List Price sold Price DOM
2024-11 1 King St W, 4408 $419,000 $402,000 61
2024-10 75 St Nicholas St, 1601 $429,000 $398,000 40
2024-10 15 Grenville St, 2504 $408,000 $385,000 20
2024-10 15 Grenville St, 1406 $458,000 $415,000 56
2024-09 711 Bay St, 713 $449,900 $438,000 23
2024-09 70 Temperance St, 5005 $398,000 $450,000 21
2024-08 20 Edward St, 601 $529,000 $500,000 29
2024-08 763 Bay St, 1815 $479,900 $445,000 10
2024-08 7 Grenville St, 1902 $499,000 $445,000 48
2024-07 763 Bay St, 2907 $480,000 $476,000 22
2024-07 955 Bay St, 1818 $499,900 $490,000 22
2024-07 1080 Bay St, 5405 $429,900 $469,000 28
2024-05 20 Edward St, 921 $389,000 $450,000 14
2024-05 111 Elizabeth St, 1251 $546,000 $503,000 48
2024-04 11 Wellesley St W, 3010 $469,900 $470,000 27

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Condo Apt

Sale activity

Toronto C01 :

Properties sold

324

Average sale price

$815,903

New Listings

852

Year on Year Growth

-0.37%

Municipality activity All Property Types

Sale activity

Toronto C01 :

Average sale price

$937,019

Properties sold

382

New Listings

962

Days on Market

16

Sale $ / List $

103%

Year on Year Growth

-0.62%


Sale Chart - Condo Apt

Toronto C01 Average Price (2 Years):

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Sale Chart - Condo Apt

TRREB Total Average Price (2 Years):

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Estimated running costs for 1 King St W - 2603

Based on available 3rd party data

$3512

Approximate costs per month

Mortgage
$2200 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$362 p/m
Maintenance
$814 p/m

Amenities:

  • Concierge
  • Exercise Room
  • Indoor Pool
  • Party/Meeting Room

Features:

  • Clear View
  • Park
  • Place Of Worship
  • Public Transit
Listing Broker CHESTNUT PARK REAL ESTATE LIMITED
Data Source: TRREB

Payment calculator

$3377 monthly. In association with: TD Bank
%
  • Principal and Interest
    2200 /mo
  • Property Taxes
    $362 /mo
  • Yearly Condo Fees
    $814

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Raymond Chin, Realtor

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