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398 King Street E in Toronto: Moss Park Commercial for sale (Toronto C08) : MLS®# C13696198
398 King Street E Toronto M5A 1K9 : Moss Park
- $1,699,999 /For Sale
- Prop. Type:
- Commercial
- MLS® Num:
- C13696198
- Status:
- Active
- Bus Major:
- Health & Beauty Related
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
- Property Sub Type:
- Commercial Retail
- Freestanding:
- No
- Total Area:
- 2045 sq. ft. Square Feet
- Total Area:
2,045 sq. ft.- Retail Area:
- 715 sq. ft. Sq Ft
- Office/Apt Area:
- 1330 sq. ft. Sq Ft
- Lot Depth:
53'3"
- Lot Frontage:
16'2"- Water supply:
- Municipal
- Zoning:
- CR 2.5 (c2.5; r2.0) SS2 (x340)
- Heating type:
- Gas Forced Air Open
- Garage:
- None
- HST Applicable To Sale Price:
- In Addition To
- Assessment Year:
- 2025
- Type Taxes:
- Annual
- Taxes:
- $14,808.46 / 2025
- Assessment:
- $- / 2025
- Toronto
- Toronto C08
- Moss Park
- No
- Utilities:
- Yes
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Major Business Type:
- Health & Beauty Related
- Category:
- Retail
Listed by KAIZEN CAPITAL REALTY PARTNERS
Data was last updated August 24, 2026 at 12:15 AM (UTC)
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