MLS: C13696196 Date listed: 2026-08-20
398 King St E Toronto - Moss Park
Store W/Apt/Office For sale
Listed for $ 1,699,999

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- BEDS
- BATH
2045 SQ. FT.
0 GARAGE
See apartment on the map
- BEDS
- BATH
2045 SQ. FT.
0 GARAGE

Description

Listed by KAIZEN CAPITAL REALTY PARTNERS

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.

Key Facts:

Tax: $14,808 / 2025
Property Type: Store W/Apt/Office
Sq. ft. size 2045 sq. ft.
Lot Size: 16.14 x 53.25 feet
Basement: Y
Possession: 2026-08-20
Listing #: C13696196
Days on Site: 75 days
Status Change: 47 days ago
Added to CiRealty: 2026-08-20
Updated on: 2026-09-17
Market Demand:
Buyer’s Market
Balanced
Seller’s Market
Property Details
Property details for 398 King St E, Toronto. Listed for $1,699,999 on 2026-08-20
Property
Property Type: Store W/Apt/Office
Style: Store With Apt/Office
Community: Moss Park
Municipality: Toronto C08
Utilities
Water: Municipal
Cooling: Y
Heating Type: Gas Forced Air Open
Building
Size: 2045 sq. ft.
Parking
Garage Type: None
Land
Frontage: 16.14 feet
Depth: 53.25 feet
Cross Street: Parliament Street & King Street East
Property
Property Type: Store W/Apt/Office
Style: Store With Apt/Office
Community: Moss Park
Municipality: Toronto C08
Building
Size: 2045 sq. ft.
Parking
Garage Type: None
Land
Frontage: 16.14 feet
Depth: 53.25 feet
Cross Street: Parliament Street & King Street East
Utilities
Water: Municipal
Cooling: Y
Heating Type: Gas Forced Air Open
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