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December 15th, 2017 
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MLS® # W3997425
Title: 1340 King St W, Toronto
Address: 1340 King St, Toronto, Ontario M6K1H1
Status:  Available For Sale
Area: South Parkdale
Major Intersection: King St W & Dufferin
List Price: $3,299,900
Property Type: Investment
Description: 15 Units - All One Bedrooms. One Of A Kind Investment Property In The Trendy South Parkdale Neighbourhood. Well Maintained. Tenants Pay Their Own Hydro (Sixteen Hydro Meters). Street Car Stops Right Outside Your Front Door And Allows Access To The City's Center In Twenty Minutes. Enjoy The Perks Of City Life Without Having To Live Right In The Hustle Bustle. Abundance Of Parks Surround The Property; Ten Minute Walk To Marilyn Bell Park And Lake.
Gross Income Of $126,072 Rents Well Below Market. Possible Market Rents $226,000 Gross And $166,000 Net. See Attached Financials. Four Hot Water Tanks (Rented). Please Do Not Ask About Vacant Possession. Tenants To Be Assumed.
Possession date: Imm/Tba
Square feet: 3920.4
Lot size / Acreage: 40.75x163.00 FT
Annual property tax: $21,362
Disclosure Statement: Although the Information displayed is believed to be accurate, no warranties or representations are made of any kind.
Brokered & Advertised by: Harvey Kalles Real Estate Ltd., Brokerage
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