398 King Street E, Toronto MLS Number: C13696196
Moss Park, Toronto, ON, M5A 1K9$1,699,999
Status: For Sale
- Property Type: Commercial (Store W Apt/Office)
- Property Taxes : $14808.46 (Tax Year:2025)
- Listing Courtesy : Kaizen Capital Realty Partners
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$1,699,999
Status: For Sale
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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :C13696196 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :17 Sep, 2026 (11 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Toronto |
|---|---|
| Postal Code | :
M5A 1K9
|
| Price | : $1,699,999 |
|---|---|
| Property Taxes | :$14808.46 |
| Tax Year | :2025 |
|---|
| Air Conditioning | :Yes |
|---|---|
| Heating | :Gas Forced Air Open |
| Cross Street | :Parliament Street & King Street East |
20 Aug, 2026
TREB #C13696196
Listed
$1699999.0
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