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1502 KING STREET W, Toronto, Ontario, M6K 1J5

MLS® # W8299350
Investment For Sale In Parkdale, Toronto, Ontario
$4,200,000
1502 King Street W, Toronto, ON - Outdoor With Facade
1502 King Street W, Toronto, ON - Indoor Photo Showing Laundry Room
1502 King Street W, Toronto, ON - Indoor Photo Showing Basement
1502 King Street W, Toronto, ON - Indoor
1502 King Street W, Toronto, ON - Indoor
1502 King Street W, Toronto, ON - Indoor Photo Showing Bedroom
1502 King Street W, Toronto, ON - Indoor With Fireplace
1502 King Street W, Toronto, ON - Indoor Photo Showing Other Room
1502 King Street W, Toronto, ON - Indoor
1502 King Street W, Toronto, ON - Indoor
1502 King Street W, Toronto, ON - Indoor Photo Showing Other Room
1502 King Street W, Toronto, ON - Outdoor
1502 King Street W, Toronto, ON - Outdoor
1502 King Street W, Toronto, ON - Outdoor With Facade
1502 King Street W, Toronto, ON  - Outdoor With Facade
1502 King Street W, Toronto, ON  - Indoor Photo Showing Laundry Room
1502 King Street W, Toronto, ON  - Indoor Photo Showing Basement
1502 King Street W, Toronto, ON  - Indoor
1502 King Street W, Toronto, ON - Indoor
1502 King Street W, Toronto, ON - Indoor Photo Showing Bedroom
1502 King Street W, Toronto, ON - Indoor With Fireplace
1502 King Street W, Toronto, ON - Indoor Photo Showing Other Room
1502 King Street W, Toronto, ON - Indoor
1502 King Street W, Toronto, ON - Indoor
1502 King Street W, Toronto, ON - Indoor Photo Showing Other Room
1502 King Street W, Toronto, ON - Outdoor
1502 King Street W, Toronto, ON - Outdoor
1502 King Street W, Toronto, ON - Outdoor With Facade
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1502 KING STREET W, Toronto, Ontario, M6K 1J5
$4,200,000

Property Information:

Boutique building, 15 Units located directly on King Street West. Fantastic curb side appeal. This unique building is located in Parkdale with a short walk to Roncesvalles, King W and Dufferin. Buses and streetcars at the front door. Grocery (Nofrills) less than 5 minute walk, beach less than 10 minute walk. Phase 1 Enviro Complete. Beautiful charm throughout. Fully occupied. Hydro is paid by the owner. It's including 6 bachelor unit, 8 of 1 bedrooms, one of 2 bedrooms. Large, bright apartments, laundry onsite. Current gross income about $230,000.00 and potentially earn up close to 250,000.00 in 2024 **** EXTRAS **** All numbers and measurements are to be verified by co-operating agent. VTB available. Seller is willing to do a second mortgage at 6% repayable interest only for 2 years. Salesperson related to the owner of the building. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 4176.39
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Cooling Type: Partially air conditioned

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 4176.39 Square Feet
  • Irregular: Yes
  • Lot Size: 44.3 x 102.21 FT

Courtesy of: CENTURY 21 REGAL REALTY INC.

REALTOR.ca  

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Location of 1502 KING STREET W, Toronto, Ontario, M6K 1J5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

31 hot days expected in 2050

Projected Storm Risk: High

13 storms expected in 2050

Projected Heat Risk: High

31 hot days expected in 2050

46/100

High

ClimateCheck®

Current data

This property, 1502 KING STREET W , experiences 7 hot days per year at around 30.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
30.9℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: High

13 storms expected in 2050

55/100

High

ClimateCheck®

Current data

This property, 1502 KING STREET W , experiences 11 significant 2-day storms per year, with about 293.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 364.6mm of precipitation per year.

Precipitation Per Storm

Past
293.7mm
2050
364.6mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 1502 KING STREET W, Toronto, Ontario, M6K 1J5

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$95,261.56

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.32 %

High school certificate or equivalent

27.87 %

Apprenticeship trade certificate/diploma

4.98 %

College/non-university certificate

19.55 %

University certificate (below bachelor)

1.51 %

University Degree

30.76 %

Commuter

Travel To Work

By Car

30.04 %

By Public Transit

47.23 %

By Walking

11.57 %

By Bicycle

7.43 %

By Other Methods

3.73 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

92.44 %

Houses

7.56 %

Own Vs. Rent