398 King ST E, Toronto C08, ON M5A 1K9
398 King ST E, Toronto C08, ON M5A 1K9
398 King ST E, Toronto C08, ON M5A 1K9
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$1,699,999
Est. payment /mo
2,045 SqFt
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Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 2,045 sqft

Price per Sqft $831

Municipality Toronto C08

Subdivision Moss Park

MLS Listing ID C13696196

Annual Tax Amount $14,808

Tax Year 2025

Property Sub-Type Store W Apt/Office

Property 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.

Location

Province ON

County Toronto

Community Toronto C08

Area Toronto

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 16.14

Lot Depth 53.25

Others

Security Features No

ParcelsYN No


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Listed by KAIZEN CAPITAL REALTY PARTNERS

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Jordan Pal

Jordan Pal

+63(915) 883-4393

CEO, Co-founder

CEO, Co-founder

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