$629,900
$***,***
1-Bath
500-599 Sq. ft
Listed on 6/26/23
Listed by UNION REALTY BROKERAGE INC.
An Opportunity Not to Be Missed, A Unique Turn-Key Investment Opportunity and Pied-A-Terre Option For Nights in the City. Perfect for The Hands Off Investor In An Unbeatable Location. Many Accolades including a #1 Rating For The Best Hotels Canada 2022 by Kayak, Rated The #4 Hotel in Toronto & #24 Hotel in Canada, Awarded by Trip Advisors Best of the Best Hotels List. A Modern & Fully Furnished Suite, Boasting Incredible Views & Upgrades. A 1.4 Factor In the Hotel Rental Pool with a 7% Cap Rate. Hotel Calibre Amenities Including Valet Parking, Sauna & Hot Tub, Fitness Centre, A Bar & Two Restaurants Offering Room Service. Located In The Heart of The Financial District, Steps to The TTC, PATH System, & the Eaton Centre.
Closing Must be 1st or 31st of the Month. Financials Available Upon Request. Projected Cap Rate of 9% for 2023.
C6210560
Condo Apt, Apartment
500-599
3
1
None
Central Air
N
N
Y
Brick
Heat Pump
N
$3,756.28 (2023)
Y
TSCC
1703
S
None
Restrict
Y.L. Hendler (416) 548-8219
25
Y
Y
Y
$812.24
Concierge, Guest Suites, Gym, Party/Meeting Room, Sauna, Visitor Parking