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Investment signal

$531,900

723 - 1 KING STREET W

Save this home

Beds

1

Baths

1

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Bay Street Corridor). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome To One King West. Hassle Free Investment With Positive cash flow From Day One. Currently Registered In The Hotel Rental Pool (Factor 1.1). This Fully Furnished Unit Features Open Concept & High Ceiling. The Perfect Pied-A-Terre In The Heart Of The City. Luxury 24 Hr Hotel Services Available; All Of This, With The Financial District At Your Doorstep. Direct Access To TTC, The PATH, Shopping, Bars & Restaurants. (id:65958)

Subtype
Single Family
Structure
Apartment
Community
Bay Street Corridor
Common interest
Condo/Strata
Bedrooms
1 above grade
Parking
0 total
Condo/HOA fee
$661.08 monthly
On market
Jan 21, 2026
Status changed
Apr 22, 2026
Annual tax
$3,203.47
Photos
22
MLS#
C12715408
Area
TORONTO_(BAY_STREET_CORRIDOR)

Features and systems

Parking

UndergroundNo Garage

Basement

None

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Concrete

Lot

Elevator

Community

Pets Allowed With Restrictions

Fee includes

Common Area MaintenanceCable TVHeatElectricityWaterInsurance
Negative cash flow ~$627/mo at these assumptions

Cash on cash

-7.08%

Cap rate

3.45%

GRM

16.7

Break-even rent

$3,310

Financing

Down payment$106,380
Loan amount$425,520
Mortgage$2,156/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$244
Insurance$80
Maintenance$443
CapEx reserve$222
Vacancy loss$133

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,156/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.

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