Downtown · L2R 3J5
$399,000
$200 / sq ft2 weeks on market
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This very cool 2.5-storey century townhouse brings serious character, from its stately red brick facade and gabled roofline to the old-world street presence you can't recreate today. Inside, 9-foot ceilings and large west-facing windows flood the main floor with natural light, while the oversized front room flexes easily as a living space or main-floor bedroom. With just over 2,300 sq ft, five bedrooms, and two bathrooms, there's plenty of space to work with - whether that's bedrooms, an office, a studio, a media room, or something completely different. The third-floor front room is a standout, with dramatic rooflines and a vibe that practically begs to become a workspace, art studio or content hub. Out back, three separate doors lead to a generous deck, plus a designated rear parking spot. Forced-air heating and central air keep things comfortable year-round. And then there's the location. You're a short walk to Montebello Park, the Meridian Centre, FirstOntario Performing Arts Centre, cafes, restaurants and everything happening downtown. Here's where things get even more interesting. The property is M2 - Medium High Density Mixed Use zoned, opening the door to a wide range of potential uses including residential, commercial, retail, office and more, subject to municipal approvals. For an investor, entrepreneur, developer or someone with a creative vision, there are plenty of possibilities worth exploring. Value-priced for today's buyer's market, this could be an opportunity to score a great deal on a substantial downtown property with character, size and flexible zoning. Roll up your sleeves, bring your imagination and take a closer look at what 175 King Street could become. Flexible closing and offers welcome!
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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 below most comparable listings — about 21% of comparable detached listings in Downtown are asking less.
Based on 43 comparable active detached listings in Downtown. 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 $399,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of EXP REALTY. 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.
Listing courtesy of REALTY NETWORK
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Listing courtesy of RE/MAX GARDEN CITY REALTY INC, BROKERAGE
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Listing courtesy of RE/MAX GARDEN CITY REALTY INC, BROKERAGE
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Listing courtesy of ROYAL LEPAGE NRC REALTY