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398 King Street

Moss Park / Toronto C08, ON M5A 1K9

ActiveFor Sale
0 Beds
0 Baths
2,045 Sq Ft
Commercial

About This Property

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 Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size2,045 sq ft
Bedrooms0
Bathrooms0
Postal CodeM5A 1K9
Last UpdatedSep 13, 2026 · 10:08 a.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® C13696196

Listed by KAIZEN CAPITAL REALTY PARTNERS

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,699,999

asking price

MLS®C13696196
TypeCommercial
CityToronto C08
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$8,301

/month · $1,359,999 mortgage

Down Payment20% — $340,000
Interest Rate5.5%

Amortization

Total Interest

$1,130,396

Total Cost

$2,490,395

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

KAIZEN CAPITAL REALTY PARTNERS