1 King Street W 505, Toronto C01, ON M5H 1A1

SoldCondo Apartment

#505 - 1 King Street

Name: 1 King Street - Sold Feb 2018
Brand: HOMELIFE NEW WORLD REALTY INC., BROKERAGE
Price: 375000 CAD
Availability: SoldOut

Toronto - Bay Street Corridor

#505 - 1 King Street

Toronto - Bay Street Corridor

$460,000

Sold For$375,000

Listed For $399,900

Sold Feb 2018

1 Bathrooms Bathrooms

0 Garage Garage

Description

This Is A Hotel Managed Unit Net, Net, Net To A Cap Rate Of About 6.8% /$27,146 Per Year. The Hotel Pays Monthly By Direct Deposit. The Income Has Risen Annually. 438.32 Sq. Ft. In Area. Owner Can Stay In The Unit On A Temporary Basis As Per Management Policy. Under The Hotel Management, The Unit Is Now At A Commercial Realty Tax Rate.

Key facts for #505 - 1 King Street

Tax$3,503.28 / 2017

Maintenance$625/month

Property TypeCondo Apartment, Apartment

Size0-499 ft²

Parking FeaturesPrivate

BasementOther

LockerNone

Association Fee IncludesCable TV Included, CAC Included, Common Elements Included, Heat Included, Hydro Included, Building Insurance Included, Water Included

Listing #C3956300

Days on Market--

Listing BrokerageHOMELIFE NEW WORLD REALTY INC., BROKERAGE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Home Price

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Cash Flow Analysis

Est. Mortgage Payment

$1,953/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$4.7% net yield

Net Monthly Cash Flow-$169

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