King St Residence 1302 King St W 32 Unit Apartment Building $7,828,445 USD ($244,639 USD/Unit) Toronto, ON M6K 1G8



EXECUTIVE SUMMARY
32 unit apartment building in downtown Toronto. Amazing assumable CMHC financing: approximately $9M of 1st mortgage assumable financing fixed at 4% interest for the next ~9.5 years. Clean Terraprobe Phase 1 ESA dated April 12, 2023.
PROPERTY FACTS
Price | $7,828,445 USD |
Price Per Unit | $244,639 USD |
Sale Type | Investment |
No. Units | 32 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low-Rise |
Building Class | C |
Lot Size | 0.22 AC |
Building Size | 9,494 SF |
No. Stories | 3 |
Year Built | 1978 |
Parking Ratio | 1.16/1,000 SF |
UNIT AMENITIES
- Air Conditioning
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
Studios | 30 | - | 400 |
1+1 | 2 | - | - |
1 of 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (88)
Bike Score®
Very Bikeable (79)
ZONING
Zoning Code | R (Residential) |