398 King Street E,Toronto C08, ON M5A 1K9
Toronto C08, ON M5A 1K9
Description
A rare opportunity to acquire a prominent mixed-use commercial property along King Street East in the heart of Toronto's historic Corktown neighbourhood. Strategically positioned near King and Parliament, the property sits at the convergence of Corktown, the Distillery District, St. Lawrence Market and Toronto's rapidly evolving eastern downtown core.The property offers excellent exposure along one of the city's most recognizable east-west corridors, surrounded by established residential neighbourhoods, ongoing condominium development, restaurants, retail, employment and some of Toronto's most popular cultural destinations.Adding to its long-term investment appeal is the future Distillery District Station on the Ontario Line, currently under construction nearby at King Street East and Berkeley Street. The surrounding area is planned for significant transit-oriented intensification, bringing thousands of additional residents, improved transit connectivity and increased pedestrian activity to an already dynamic neighbourhood.With strong street presence, commercial income potential and flexibility for a variety of ownership strategies, the property presents an attractive opportunity for an investor, entrepreneur or owner-user seeking a foothold in Downtown Toronto.Character commercial properties of this scale and location are increasingly difficult to acquire. Whether positioned as a long-term income-producing investment, an owner-occupied business location or an asset benefiting from continued neighbourhood growth and major transit investment, this is a compelling opportunity to invest in one of Downtown Toronto's most strategically located and evolving districts.
Details
| MLS # | C13696196 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 16 |
| Listing Provided By | KAIZEN CAPITAL REALTY PARTNERS | C13696196 427600 |
Features
| SQ Feet | 2,045 |
|---|---|
| Acreage | 0.05 |
Interior
| Cooling | Yes |
|---|
Exterior
| Security Features | No |
|---|
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 14808.46 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C08 |
| Postal Code | M5A 1K9 |
| Area | Moss Park |
| Listing VS Median (in M5A 1K9) | |
Price: $1,699,999 low | high Med: $1,699,999 sqft: 2,045 low | high Med: 2,045 $ / sqft: $831 low | high Med: $831 On site: 16 low | high Med: 16 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C08 |
| Postal Code | M5A 1K9 |
| Area | Moss Park |
| Listing VS Median (in M5A 1K9) | |
Price: $1,699,999 low | high Med: $1,699,999 sqft: 2,045 low | high Med: 2,045 $ / sqft: $831 low | high Med: $831 On site: 16 low | high Med: 16 | |
