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$ 525,000
Est. payment | /mo
1 Bath
$ 525,000
Est. payment | /mo
1 Bath
Key Details
Property Type Apartment
Sub Type Condo Apartment
Listing Status Active
Purchase Type For Sale
Approx. Sqft 0-499
Municipality Toronto C01
Subdivision Bay Street Corridor
MLS Listing ID C12730578
Style Apartment
HOA Fees $736
Annual Tax Amount $3,611
Tax Year 2025
Property Sub-Type Condo Apartment
Property Description
Outstanding income-generating opportunity with proven returns. Rarely available, renovated large studio suite with unobstructed east-facing lake views, offered fully furnished. This 1.2-factor unit is currently enrolled in the hotel rental pool, delivering an estimated approx 6.5% net return. Located in the heart of the Financial District, the buyer may continue with the hotel program or occupy personally. Hotel income statement available upon request, with the 2025 financial statement available end of January. Open-concept layout with no separate bedroom. Direct underground access to subway and PATH. Condo fees include TV, internet, heat, hydro, and water. Prime downtown location supporting strong and consistent rental demand.
Location
Province ON
County Toronto
Community Toronto C01
Area Toronto
Rooms
Family Room No
Basement None
Kitchen 1
Interior
Interior Features None
Heating Yes
Cooling Central Air
Fireplace No
Heat Source Electric
Exterior
Parking Features Underground
Exposure East
Balcony None
Building
Story 43
Unit Features Clear View,Hospital,Library,Place Of Worship,Public Transit,School
Locker None
Others
Pets Allowed Yes-with Restrictions
ParcelsYN No
Listed by RE/MAX HALLMARK REALTY LTD.
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