2912 - 1 King Street W Toronto, Ontario M5H 1A2

$499,000

Maintenance, Cable TV, Common Area Maintenance, Heat, Electricity, Insurance, Water

$799.36 Monthly

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. (id:55460)

Property Details

MLS® Number	C13554912
Property Type	Single Family
Community Name	Bay Street Corridor
Amenities Near By	Public Transit
Community Features	Pets Allowed With Restrictions
Pool Type	Indoor Pool

Building

Bathroom Total	1
Bedrooms Above Ground	1
Bedrooms Total	1
Age	0 To 5 Years
Amenities	Security/concierge, Exercise Centre, Party Room, Sauna
Basement Type	None
Cooling Type	Central Air Conditioning
Exterior Finish	Concrete
Flooring Type	Carpeted
Heating Fuel	Natural Gas
Heating Type	Heat Pump
Size Interior	500 - 599 Ft2
Type	Apartment

Parking

Underground
Garage

Land

Acreage	No
Land Amenities	Public Transit
Surface Water	Lake/pond
Zoning Description	Residential And Commercial

Rooms

Level	Type	Length	Width	Dimensions
Ground Level	Sitting Room	4.72 m	3.66 m	4.72 m x 3.66 m
Ground Level	Kitchen	4.72 m	3.66 m	4.72 m x 3.66 m
Ground Level	Primary Bedroom	3.66 m	3.05 m	3.66 m x 3.05 m
Ground Level	Study	1.83 m	1.83 m	1.83 m x 1.83 m

https://www.realtor.ca/real-estate/30023864/2912-1-king-street-w-toronto-bay-street-corridor-bay-street-corridor