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$1,699,999
Available - For Sale
Listing ID: C13696198
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.
Price $1,699,999
Taxes: $14,808.46
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Partial
Address: 398 King Street East , Toronto, M5A 1K9, Toronto
Postal Code: M5A 1K9
Province/State: Toronto
Directions/Cross Streets: Parliament Street & King Street East
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Retail
Use: Health & Beauty Related
Building Percentage: F
Total Area: 2,045
Total Area Code:  Square Feet
Office/Appartment Area: 1330
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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KAIZEN CAPITAL REALTY PARTNERS

398 King Street East , Toronto, M5A 1K9, Toronto

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto C08
Neighbourhood: Moss Park
Style:
Lot Size: x 53.25(Feet)
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Tax: $14,808.46
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908