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$24,888,000
Available - For Sale
Listing ID: C12015493
Prime Penthouse Office Or Residential Space 552 Wellington St W! A Rare Opportunity To Own A Prestigious Penthouse In One Of Torontos Most Sought-After Locations! Situated In The Iconic Former Thompson Hotel, Now Transformed Into The Prestigious 1 Hotel. Located In The Heart Of King West Village, This Expansive Multi-Use Space Is Perfect For A High-End Office, Luxury Residence, Or A Combination Of Both. With Approximately 8400 SqFt This Stunning Penthouse Features Floor-To-Ceiling Windows And Four Balconies, Offering Unobstructed Views In Every Direction, Including A South-Facing Balcony That Spans The Entire Width Of The Unit. With 4 Bathrooms, A Full Kitchen, And An Additional Kitchenette, This Space Is Designed For Ultimate Convenience And Flexibility. The Elegant Fireplace With A Grand Marble Surround Adds Sophistication And Warmth. For Seamless Access, The Three Elevators Open Directly Into The Penthouse, Ensuring Privacy And Exclusivity. The Property Also Includes 4 Parking Spots And 4 Lockers, A Rare Find In This Prime Downtown Location. Situated In A Vibrant Neighborhood Known For Its Top-Tier Dining, Boutique Shopping, And Entertainment, This Space Offers Unmatched Convenience With Easy Access To Transit And Highways. Whether Youre Looking To Elevate Your Business, Establish A Unique Live-Work Space, Or Secure A Luxury Residence In King West, This Penthouse Is A One-Of-A-Kind Opportunity. **Extras**Lockers, Level C 167-172
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $1,244,400 $2,488,800 $3,733,200 $4,977,600
First Mortgage $23,643,600 $22,399,200 $21,154,800 $19,910,400
CMHC/GE $650,199 $447,984 $370,209 $0
Total Financing $24,293,799 $22,847,184 $21,525,009 $19,910,400
Monthly P&I $104,048.46 $97,852.72 $92,189.94 $85,274.7
Expenses $0 $0 $0 $0
Total Payment $104,048.46 $97,852.72 $92,189.94 $85,274.7
Income Required $3,901,817.16 $3,669,476.92 $3,457,122.93 $3,197,801.24

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
PSR

552 Wellington St West , Unit 1501, Toronto, M5V 2V5, Ontario


 
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Type: Condo - Condo Apt
Area: Toronto
Municipality: Toronto
Neighbourhood: Waterfront Communities C1
Style: Apartment
Lot Size: x ()
Approximate Age:
Tax: $56,095.8
Maintenance Fee: $7,627.09
Beds: 4
Baths: 4
Garage: 4
Fireplace: Y
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