1 King Street W 625, Toronto C01, ON M5H 1A1

SoldCondo Apartment

#625 - 1 King Street

Name: 1 King Street - Sold Mar 2018
Brand: HOMELIFE NEW WORLD REALTY INC., BROKERAGE
Price: 405000 CAD
Availability: SoldOut

Toronto - Bay Street Corridor

#625 - 1 King Street

Toronto - Bay Street Corridor

$499,000

Sold For$405,000

Listed For $429,900

Sold Mar 2018

1 Bathrooms Bathrooms

0 Garage Garage

Description

This Is A Hotel Managed Unit Net, Net, Net To A Cap Rate Of About 6.6% /$28,242 Per Year. The Hotel Pays Monthly By Direct Deposit. The Income Has Risen Annually. 587.73 Sq. Ft. In Area. Owner Can Live In The Unit On A Temporary Basis As Per Hotel Management Policy. The Suite Is Now At A Commercial Realty Tax Rate.

Key facts for #625 - 1 King Street

Tax$4,677.65 / 2017

Maintenance$678/month

Property TypeCondo Apartment, Apartment

Size500-599 ft²

Parking FeaturesPrivate

BasementNone

LockerNone

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

Listing #C3956307

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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Cash Flow Analysis

Est. Mortgage Payment

$2,099/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$3.9% net yield

Net Monthly Cash Flow-$469

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