1 King Street 806
1 King Street 806 in Toronto - 1 bedroom, 1 bathroom. Listed at $539,000.
**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.
Property Details
- Property Type: Mortgage
- Style: Apartment
- Square Footage: 250 sqft
- Basement: None
- Heating: Gas
- Cooling: Central Air
- Parking: 0 space
- Property Taxes: $3,560/yr
- Neighbourhood: Bay Street Corridor
- Postal Code: M5H 1A1
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