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King Shah
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The building - 1 King St

1 King St

$429000

Condo Apt for Sale on 1 King St

Maint.: $624 Taxes: $3503
$429K 0+0 Beds 1 Baths 0-499sqft Years Condo Condo Apt for Sale

1 King St

  • $429000 Price
  • for Sale Condo Apt - Apartment
  • 0+0 Bedrooms
  • 1 Washrooms
  • 0-499 Square Feets
  • Age
  • $624 Maintenance fee
  • $3503 Taxes
Remarks about

This Is A Hotel Managed Unit Netting A Cap Rate Of About 6% /$26 000-Year. The Hotel Pays Monthly By Direct Deposit. The Income Has Risen Annually. Owner Can Stay In The Unit On A Temporary Basis As Per Management Policy. Owner Can Retreat From The Hotel Pool For A Permanent Residential Use By Giving A 4 Months Notice. The Residential Realty Tax Would Then Be About 1/3 Of The Now Commercial Realty Tax Rate.

HOMELIFE NEW WORLD REALTY INC. BROKERAGE
Extra info about

All Furniture And Chattels Within The Unit Are Being Regulated And Maintained By The Hotel Pool And Yet Owned By The Unit Owner. Direct Access To The King Subway Station. Hotel Factor 1.2. Commercial Offer Submit To Btusi71@Gmail.Com

HOMELIFE NEW WORLD REALTY INC. BROKERAGE

Building

TypeStyleSQFTBasement
Condo AptApartment0-499Other

Utilities

HeatAirCond.Pets
Heat PumpOtheRestrict

Maintenance/Taxes

Maintenance
624.75

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1 King St
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1 King St

Contact Homila

King Shah,Broker
Remax Crossroads Realty Inc
416-272-8884
kinghshahone@gmail.com

For urgent response call 416.272.8884