If you’re an investor looking for a unique opportunity in downtown Toronto, this may just be the one.
1406-1 King Street West in the heart of the Financial District is located in one of the most luxurious hotels in downtown Toronto. This one-bedroom, one-bath suite is a Manhattan-style apartment that would make a savvy investment for anyone seeking a prestigious address.
This income-generating unit is currently included in the hotel’s rental pool and has a unit factor of 1.4. It is an ideal turnkey investment for several reasons: it is fully furnished, in a great location and is part of the high-end and sought-after One King West hotel.
Known as “The Gaskin Suite”, it features a unique layout and one underground parking space. The fully equipped kitchen comes complete with a fridge and freezer combination, dishwasher and a washer/dryer.
Just off the kitchen is a separate dining area with a dining table and six chairs, as well as the suite’s bright and modern bathroom.
A generously sized sunken living room is furnished with two leather sofa beds. The bedroom features a king-size bed.
At this location in the Bay Street Corridor, guests are just steps from the city’s bustling underground PATH network, which spans more than 30 km of restaurants, shopping, services and entertainment.
It’s only one of a handful of superior suites that the building has to offer. Says listing agent Nikki DeVeer, “I really can’t say enough great things about this unique suite! It offers space for an entire family, comes fully equipped and all in a fantastic location! Don’t miss this rare opportunity!”
As an owner, you can keep the suite in the hotel pool and use it occasionally for personal use. There is also the option for owner occupancy.
For more information about this suite, take a virtual tour or view the full listing. You can reach REALTOR® Nikki De Veer at 416-998-5893.
Visit Royal LePage Royal City Realty or call 519-821-6191.
