Loading...Listing Image
Loading...Listing Image
1 / 0
New2 hours ago

824 - 1 King Street W

Bay Street Corridor, Toronto

$529,000

Condo Apartment |
1 | 1 | 0 | 0
About this home

The exquisite and highly coveted residences at One King West where historic elegance meets modern luxury. A beautifully restored 1914 Dominion Bank heritage building with a striking 51-storey tower. This one bedroom boasts approximately 600 sqft with soaring 12 ft ceilings. Unit 824 is part of Hotel Rental Pool with a 1.3 factor. Owner can occupy the unit themselves (with restrictions). A great buy for savvy investors. Most appealing for buyers who appreciate hotel-style living and services. Residents and guests benefit from a number of hotel-style conveniences, including: 24-hour concierge services, Rooftop fitness centre with panoramic views, Whirlpool and saunas, Valet parking, Direct access to Toronto's PATH network, Immediate access to King Subway Station, On-site dining and bar, Historic event spaces including the Grand Banking Hall and Vault. Don't miss this opportunity to own/live in one of Toronto's most iconic addresses.

Extras

No extras listed.

Visit this home

Pick a time that works for you.

No upcoming open houses.

Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$799
LockerNone
BalconyNone
ExposureEast
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$1,995
mls© NumberC13695852
Listed ByRE/MAX HALLMARK REALTY LTD.
Cable TV Included
CAC Included
Common Elements Included
Heat Included
Hydro Included
Building Insurance Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,708
Property tax
$166
Heat allowance
$150
Condo fees, half counted
$400
Housing costs
$3,424 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $105,800
25-yr amortization

Income needed

$105,000

gross annual household income

Payment at 4%
$2,226 / mo
Cash down
$105,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

Nearby listings

Comparable sales

  • No similar listings found.