This beautiful studio unit is an excellent choice for first-time homebuyers, thanks to its relatively low ongoing costs, including a monthly common element fee of just $228.16. With manageable mortgage payments and minimal additional fees, this property offers an affordable entry into the Toronto real estate market. Looking ahead, this condo has the potential to be rented out if you decide to move to a larger home in the future. Its location in the heart of the vibrant King West community, coupled with its proximity to the upcoming Ontario Line subway entrance, makes it an attractive rental option. The building also features a Guest Suite, perfect for hosting friends and family during their visits. Additionally, your balcony is equipped with a BBQ gas hookup, providing an ideal spot for outdoor enjoyment. Owning this property could be part of a long-term strategy for your investment needs. With its many appealing features, this condo presents a promising opportunity as both a home and an investment property in downtown Toronto.
Price:
$440,000
Property Type:
Condo
Condo Type:
Condo Apt
Bedrooms:
0
Bathrooms:
1.0
MLS® Num:
C9270050
Status:
Sold
Floor
Type
Size
Other
Flat
Living
16'7¼"5.05 m × 14'1"4.30 m
Hardwood Floor, W/O To Balcony
Flat
Dining
16'7¼"5.05 m × 14'1"4.30 m
Hardwood Floor
Flat
Kitchen
16'7¼"5.05 m × 14'1"4.30 m
Hardwood Floor, Open Concept, Stainless Steel Appl
Data was last updated December 4, 2024 at 07:55 PM (UTC)
Area Statistics
Listings on market:
683
Avg list price:
$725,000
Min list price:
$389,000
Max list price:
$7,880,000
Avg days on market:
39
Min days on market:
0
Max days on market:
694
These statistics are generated based on the current listing's property type
and located in
Waterfront Communities C1. Average values are
derived using median calculations.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Regional Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.