$569,999
Available - For Sale
Listing ID: C12125012
705 King Stre West , Toronto, M5V 2W8, Toronto


Investor Opportunity in the Heart of King West! This bright and spacious 798 sq. ft. 1 bedroom plus sunny-solarium condo is the perfect turnkey investment. Currently tenanted at $2400/ month with a responsible tenant in place, this unit offers immediate rental income in one of Toronto's most desirable downtown neighborhoods. The well-managed building is well-known for its fantastic amenities including 24-hr concierge, gym, indoor and outdoor pools, BBQ area, theatre rooms and more! Steps to transit, trendy restaurants, nightlife and all that King West has to offer. A smart addition to any portfolio!
Price $569,999
Taxes: $2360.45
Occupancy: Tenant
Address: 705 King Stre West , Toronto, M5V 2W8, Toronto
Postal Code: M5V 2W8
Province/State: Toronto
Directions/Cross Streets: Bathurst/King
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Flat Living Ro 17.42 10.59 Combined w/Dining, Combined w/Solarium, Laminate
Room 2 Flat Dining Ro 10.59 17.42 Combined w/Living, Laminate
Room 3 Flat Primary B 13.19 9.74 Large Closet, Laminate
Room 4 Flat Solarium 14.4 7.31 Large Window, Laminate
Room 5 Flat Kitchen 6.99 8 Ceramic Floor
Room 6 Flat Utility R 2.95 5.28
Washroom Type No. of Pieces Level
Washroom Type 1 4 Flat
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Sprinklers: Secu
Washrooms: 1
Heat Type: Heat Pump
Central Air Conditioning: Central Air
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$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $28,499.95 $56,999.9 $85,499.85 $113,999.8
First Mortgage $541,499.05 $512,999.1 $484,499.15 $455,999.2
CMHC/GE $21,659.96 $15,902.97 $13,565.98 $0
Total Financing $563,159.01 $528,902.07 $498,065.13 $455,999.2
Monthly P&I $2,779.09 $2,610.04 $2,457.86 $2,250.27
Expenses $0 $0 $0 $0
Total Payment $2,779.09 $2,610.04 $2,457.86 $2,250.27
Income Required $104,215.8 $97,876.35 $92,169.8 $84,385.26

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$1,406.42
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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At a Glance:
Type: Com - Condo Apartment
Area: Toronto
Municipality: Toronto C01
Neighbourhood: Niagara
Style: Apartment
Lot Size: x 0.00()
Approximate Age:
Tax: $2,360.45
Maintenance Fee: $686.52
Beds: 1+1
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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