1 King Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $375,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 0.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience the perfect blend of heritage charm and contemporary convenience in this exceptional suite at the iconic One King St. W. Residences. Situated in the heart of Toronto's Financial District, this bright and spacious unit features soaring 12-foot ceilings and expansive windows with vibrant views of King Street. The open-concept layout is ideal for both comfortable living and professional use, while the generously sized primary bedroom offers a peaceful retreat complete with a 4-piece ensuite and a deep soaker tub. Residents enjoy a full-service lifestyle with access to world-class amenities including direct access to the PATH and subway, 24-hour room service, security, housekeeping, and meeting rooms. Some of Toronto's finest restaurants, shops, and the Eaton Centre are just steps away, and the Gardiner Expressway is minutes from your door. This unit is currently rented to A+++ tenants who are willing to stay, making it an ideal opportunity for both end-users and investors seeking immediate, stable rental income. Don't miss your chance to own a piece of Toronto's history combined with the ultimate in downtown convenience and luxury.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Lake/Pond, Library, Park, Public Transit
Interior Features
Primary Bedroom - Main Floor
Security Features
Concierge/Security
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1 King Street W 1601, Toronto C01, ON M5H 1A1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $375,000 in Toronto, the legal minimum down payment is $18,750 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,100 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,100 also applies, bringing the total estimated land transfer taxes to $8,200.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
