Maintenance, Cable TV, Common Area Maintenance, Heat, Electricity, Insurance, Water
$736.84 MonthlyOutstanding 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. (id:60365)
| MLS® Number | C12730578 |
| Property Type | Single Family |
| Community Name | Bay Street Corridor |
| AmenitiesNearBy | Hospital, Place Of Worship, Public Transit, Schools |
| CommunityFeatures | Pets Allowed With Restrictions |
| Features | In Suite Laundry |
| PoolType | Indoor Pool |
| ViewType | View |
| BathroomTotal | 1 |
| Amenities | Security/concierge, Exercise Centre, Visitor Parking |
| BasementType | None |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Concrete, Stone |
| HeatingFuel | Electric |
| HeatingType | Heat Pump, Not Known |
| SizeInterior | 0 - 499 Sqft |
| Type | Apartment |
| Underground | |
| Garage |
| Acreage | No |
| LandAmenities | Hospital, Place Of Worship, Public Transit, Schools |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Flat | Bedroom | 5.88 m | 3.81 m | 5.88 m x 3.81 m |
| Flat | Kitchen | 3.14 m | 2.51 m | 3.14 m x 2.51 m |
| Flat | Bathroom | 2.3 m | 1.58 m | 2.3 m x 1.58 m |
Jean Pearson
Salesperson