Toronto - Bay Street Corridor
Toronto - Bay Street Corridor
Sold For$522,000
Listed For $525,000
Sold 4 months ago
Outstanding income-generating opportunity with proven returns. Rarely available, renovated large studio suite with unobstructed east-facing lake views, offered fully furnished. This 1.2-factor unit is currently enrolled in the hotel rental pool, delivering an estimated approx 6.5% net return. Located in the heart of the Financial District, the buyer may continue with the hotel program or occupy personally. Hotel income statement available upon request, with the 2025 financial statement available end of January. Open-concept layout with no separate bedroom. Direct underground access to subway and PATH. Condo fees include TV, internet, heat, hydro, and water. Prime downtown location supporting strong and consistent rental demand.
* Values are estimates only and not a guarantee of lending or affordability.
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