171 King Street, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Moss Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $40 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 27 x 80 ft lot size
- Convenient lane garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
This exceptional opportunity offers a prominent storefront at 171 King Street East, occupying a prime location within the thriving King Street East node, nestled in the heart of the King Street Design District. The ground floor spans 2,038 square feet, complemented by an additional 1,710 square fee in the basement. The property benefits from its adjacency to key Toronto landmarks, including George Brown College, St. Lawrence Market, and the Financial Core. The surrounding area boasts a vibrant and diverse demographic, attracting a strong mix of working professionals, students, and design-focused shoppers, ensuring continuous pedestrian, vehicular, and transit traffic. The lower level of the premises includes two bathrooms and dedicated storage space, adding to its practical appeal.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 171 King Street E, Toronto C08, ON M5A 1J4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $40 in Toronto, the legal minimum down payment is $2 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $0 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $0 also applies, bringing the total estimated land transfer taxes to $0.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
