Sold for:Sold May 30, 2025
$588,000

Unit 3012, 1 King Street W

Toronto (Bay Street Corridor), ON M5H 1A1

Condo Apartment SoldNot available
One King West Hotel & Residence exteriorOne King West Hotel & Residence51 storeys, 603 suites, built 2005

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for Unit 3012, 1 King Street W, Toronto, Bay Street Corridor

2025-02-05
2025-05-30
Sold
Price
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MLS#
c11957265
2024-10-16
2024-12-31
Expired
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 3012, 1 King Street W, Toronto, Bay Street Corridor

Exceptional Income Property! Currently in the hotel rental pool, offering a rare investment opportunity. South West exposure. $41,284 net income for 2024. Expect more traveler in 2025 and world cup in 2026. This 1.3-factor unit is a fully furnished suite just minutes from the Financial District, with direct access to the subway and PATH. Condo fees cover everythingTV, internet, heat, hydro, and water! A prime location with unbeatable convenience

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,200
Land Transfer Tax Fee
$16,470

Condo/Maintenance Fee

Maintenance Fee
$776 /month

Included In Maintenance Fee

  • Heat Included
  • Hydro Included
  • Water Included
  • Cable TV Included
  • CAC Included
  • Common Elements Included
  • Building Insurance Included

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
None
Interior Extras
None
Security Features
Concierge/Security
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
None

Building Amenities

  • Guest Suites
  • Gym
  • Party Room/Meeting Room
  • Recreation Room
  • Sauna

Building

Building Type
Condo Apartment
Building Style
Apartment
Approx Age
16-30
Condo Corp Number
1703

Construction

Exposure
South West
Exterior Finish
Concrete
Special Designation
Unknown

Inclusions

Inclusions
One King West Hotel & Residence is proud to be a 2025 Tripadvisor Travellers Choice Best of the Best winner, ranking among the top 1% of hotels worldwide and top hotels in Canada.All Existing Chattels, Fixtures, Furnitures. Buyer To Verify Taxes. Income Statement Is Available Upon Request.

Parking & Garages

Garage Type
Other
Garage Spaces
0
Parking Type
None
Parking Spaces
0
Total Garage And Parking Spaces
0

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
1
Washrooms
1
Kitchens
1

Room sizes

  • Living Room—
    Flat level, Laminate, Large Window, Combined w/Kitchen
  • Kitchen—
    Flat level, Laminate, Open Concept, Combined w/Living
  • Bedroom—
    Flat level, Laminate, Window

Washrooms

  • 4-piece, Flat

Municipality
Toronto
Neighbourhood
Bay Street Corridor
Main cross streets
Yonge & King

MLS® number
C11957265
Data source
Toronto Regional Real Estate Board
Status change
2025-05-30
Listed on
2025-02-05
Days on market
114 days
Possession type
30/60
Co-op commission
2.5% + hst
Seller
Listed by
RE/MAX PREMIER INC.

Home Market Value

Current home valuation for Unit 3012, 1 King Street W, Toronto, Bay Street Corridor, Toronto, ON. Listed for $588,000

HOMEH Estimate

?

$476,031

Estimated Sales Range

?

$371,953 - $580,109

HOMEH Estimate for Unit 3012, 1 King Street W, Toronto, Bay Street Corridor

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$476,031Medium confidence
Based on 10 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

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Toronto, ON
Minimum Down Payment Required:5.7%

5% on first $500K + 10% on $88,000 over $500K

Minimum down payment

$33,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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+CMHC insurance
$22,156$16,405$13,994$0
=Total mortgage
$576,052$545,605$513,794$470,400
Amortization
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Payment frequency
=Mortgage payment
$2,813monthly$2,664monthly$2,509monthly$2,297monthly
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Land Transfer Tax

Provincial

$8,235

Municipal (Toronto)

$8,235

Total Land Transfer Tax

$16,470

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10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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