$588,000Asking Price
1 King St W #3012
Financial District, Toronto
Exceptional Income Property! Currently in the hotel rental pool, offering a rare investment opportunity. South West exposure. $41,284 net income for 2024. Expect more traveler in 2025 and world cup in 2026. This 1.3-factor unit is a fully furnished suite just minutes from the Financial District, with direct access to the subway and PATH. Condo fees cover everythingTV, internet, heat, hydro, and water! A prime location with unbeatable convenience
Exceptional Income Property! Currently in the hotel rental pool, offering a rare investment opportunity. South West exposure. $41,284 net income for 2024. Expect more traveler in 2025 and world cup in 2026. This 1.3-factor unit is a fully furnished suite just minutes from the Financial District, with direct access to the subway and PATH. Condo fees cover everythingTV, internet, heat, hydro, and water! A prime location with unbeatable convenience
See MoreKey Info
- Apartment Condo
- No Parking
- 0-Car Garage
- Yonge & King
- 500-599 Approximate Sq Feet
- 16-30 Years Approximate Age
- Pet-friendly w/Restrictions
- No Balcony
- No Locker
- Forced Air Gas Heating
- Central Air
Property
- $775 Monthly Condo Fees
- Includes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance.
- Amenities: Guest Suites, Gym, Party Room, Rec Room, Sauna
- Taxes were $4,200 in 2024
- Possession: 30/60
Details
- Concrete Exterior
- No Fireplace
- 1 Kitchen
- Condo Corporation #1703
- Condo Registry Office: TSCC
- MLS #C11957265
- RE/MAX PREMIER INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Living Room | Flat | Laminate, Large Window, Combined W/Kitchen | |
| 2 | Kitchen | Flat | Laminate, Open Concept, Combined W/Living | |
| 3 | Bedroom | Flat | Laminate, Window | |
 | 1 4-Piece Bathroom in Flat | |||
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Who lives here?
Financial District, Toronto is a central Toronto neighbourhood notable for its renters, university grads, executives and business and education, law & public sector professionals. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 39, 25 to 39 and 25 to 39.
Families
Kids Per Family
0.6
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
48%
of residents are
single and loving it.
48% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
55%
of residents
are renters.
55% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
75%
of residents are
university grads.
75% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$232K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Business | 24% |
| Management | 16% |
| Government | 11% |
| Sales | 9% |
| Sciences | 6% |
Immigrants
35%
of residents were
born outside of Canada.
35% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
3.2% from China
All-time
Birthplace - Recent
1.3% from Pakistan
Recent
Foreign Languages
Foreign Languages
| Mandarin | 4% |
| Arabic | 4% |
| Cantonese | 3% |
| Persian | 3% |
| French | 2% |
Religions
Religions
| Christian | 49% |
| Muslim | 5% |
| Buddhist | 1% |
| Jewish | 1% |
| Sikh | 1% |
Social Housing
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
