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MLS® C13696198

Overview

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage None
Taxes $14,808
Days Active 0
Lot Size 
Approx. Age 
MLS® Number C13696198

Property Address: 398 King St E, Toronto, ON, M5A1K9

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® NumberC13696198
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
Basement
DrivewayGarage Type:None
Garage Spaces
HeatGas Forced Air Open
A/CYes

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $1,699,999

For Sale · 0 days

$1,699,999

MLS® C13696198

2 hours ago

Not Sold Yet

November 2026, Withdrawn for $1,599,900

Withdrawn · 91 days

$1,599,900

MLS® C13657738

In 3 months

Canceled on Nov 10, 2026

October 2026, Withdrawn for $4,500

Withdrawn · 181 days

$4,500

MLS® C13068826

In 2 months

Canceled on Oct 30, 2026

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