1 King Street 806
Bay Street Corridor, Toronto, M5H 1A1
FOR SALE
$539,000
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BEDROOMS 1
BATHROOMS 1
KITCHENS 2
ROOMS C14150570
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Property Description
**Exceptional Investment Opportunity at One King West!** Hassle-free ownership with positive cash flow from day one. This suite is in the hotel rental pool with a **factor of 1.2** and a **published net income of $40,081**, and 2026 distributions are running ahead of last year. It comes fully furnished with a **king bed**, washer and dryer, an open-concept layout and high ceilings. The owner can stay in the unit (with restrictions), so it works as an income property and a pied-à-terre in the heart of the city. You get luxury 24-hour hotel services, and condo fees cover all utilities: TV, internet, heat, hydro and water. Direct indoor access to the TTC, the PATH, the Financial District, shopping, bars and restaurants.
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Property Features
None, Ensuite
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Property Details
Address
1 King Street 806
Community
City
Postal Code
M5H 1A1
Property Type
Condo Apartment, Condo Apartment
Taxes
$3,560 (2025
Basement
None
Heat Type
Forced Air
Heat Source
Gas
Parking 1
None
Garage Type
None
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Listing contracted with Forest Hill Real Estate Inc.
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