ATTENTION INVESTORS & FIRST-TIME BUYERS! This modern 1+Den at 50 Power St is a cash flow machine , leased for $3,000/month! Priced aggressively at $599,000 to generate interest. Schedule your showing today before it's gone! Currently tenanted at $3,000/month until October 1st, this is a fantastic investment opportunity with immediate rental income. Whether you're an investor looking for steady cash flow or a future end-user, this unit offers incredible value. Enjoy access to premium amenities, including an artists workspace, fitness and yoga studio, event room with a caterers kitchen, meeting room and lounge, games room, outdoor pool, steam rooms, community garden, outdoor grills, and a cozy fireplace. Located in one of Torontos most vibrant neighbourhoods, with TTC at your doorstep. Buyer must assume the existing tenancy until completion on October 1st, 2025.
Address
1510 - 50 Power Street
List Price
$595,000
Property Type
Residential Condo & Other
Type of Dwelling
Condo Apartment
Style of Home
Apartment
Area
Toronto C08
Sub-Area
Moss Park
County
Toronto
Bedrooms
2
Bathrooms
2
Floor Area
600 - 699 Sq. Ft.
Approx. Age
0 - 5 Years
Maint. Fee
$449.00
MLS® Number
C12119766
Listing Brokerage
STRATA REAL ESTATE
Basement Area
None
Postal Code
M5A 0V3
Parking
Underground
Tax Amount
$2,682.00
Tax Year
2024
Pets
Restricted
Interior Features
None
Property Features
Clear View, Hospital, Park, Place Of Worship, Public Transit, Rec./Commun.Centre
Association Amenities
Concierge, Game Room, Gym, Outdoor Pool, Party Room/Meeting Room, Rooftop Deck/Garden
Association Fee Includes
Building Insurance Included, Common Elements Included
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Balcony Type
Open
Construction Materials
Brick, Concrete
Exposure
East
Garage Type
None
Kitchens Total
1
Laundry Features
Ensuite
