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$598,000
Status: For Sale
Exceptional Investment Opportunity! This high-floor unit, featuring a rare 3-sided exposure and south-facing Lakeview, is currently in the hotel rental pool, generating a hotel income of $59,000 for 2024 for unit owner. The 1.4-factor suite comes fully furnished, with direct access to the Financial District, subway, and PATH. It also offers the flexibility to convert to a residential unit. Condo fees include all utilities -TV, internet, heat, hydro, and water-making this property an unbeatable option in a prime location.
| Property Type | :Condo |
|---|---|
| MLS Number | :C11920336 |
| Listing Type | :Sale |
| Property Age | :16-30 Years |
| Possession Date | : |
| Last Updated | :13 Jan, 2025 (16 Hours ago) |
| Source | :TRREB |
| Area | :Toronto |
|---|---|
| Postal Code | :
M5H 1A1
|
All Existing Chattels, Fixtures, Furnitures. Buyer To Verify Taxes. Income Statement Is Available Upon Request.
| Guest Suites |
| Gym |
| Concierge |
| Price | : $598,000 |
|---|---|
| Property Taxes | :$3952.58 |
| Maintenance Fees | :$844.96/month |
|---|---|
| Tax Year | :2024 |
| Bedrooms | :1 + |
|---|---|
| No. of Rooms | :1 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :Yonge & King St |
| Bathrooms | :1 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :500-599 sqft |
| Fireplace/Stove | :No |
| Virtual Tour | :Virtual Tour (External Link) |
| Exterior Finish | :Concrete |
|---|---|
| Building Insurance | :Yes |
| Locker | :None |
| Parking Space | :0 |
| Basement | :None |
| Pets | :Restrict |
| Laundry | :Ensuite |
|---|---|
| Garage | :None |
| Patio Terrace | :None |
| Library | :Library |
13 Jan, 2025
TREB #C11920336
Listed
$598000.0
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| Unit | Area | Price | |
|---|---|---|---|
| Unit - 617 | 0-499 Sq. Ft. | $349900.0 |
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| Unit - 1601 | 500-599 Sq. Ft. | $399900.0 |
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| Unit - 2901 | 500-599 Sq. Ft. | $399000.0 |
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