$1,699,999
398 King Street E, Toronto, ON M5A 1K9
Moss Park · C08
Listing courtesy of KAIZEN CAPITAL REALTY PARTNERS
Moss Park · C08 · M5A 1K9
$1,699,999
$831 / sq ft3 weeks on market
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$1,699,999
Moss Park · C08
Listing courtesy of 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.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 36% of comparable retail listings in Moss Park are asking less.
Based on 11 comparable active retail listings in Moss Park. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,699,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of KAIZEN CAPITAL REALTY PARTNERS. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
$1,999,900
Moss Park · C08
Listing courtesy of RE/MAX HALLMARK REALTY LTD.
$1,999,900
Moss Park · C08
Listing courtesy of RE/MAX HALLMARK REALTY LTD.
$1,599,000
Moss Park · C08
Listing courtesy of BOSLEY REAL ESTATE LTD.
$1,799,999
Moss Park · C08
Listing courtesy of KAY REAL ESTATE LTD.