284 King Street, Toronto, ON
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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 $50 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
- Spacious lot size measured in Feet
- Convenient underground garage included
- equipped with partial central cooling and highly efficient gas forced air open heating
Description
Prime retail space available for lease in the heart of the King East Design District. Excellent branding exposure directly onto King Street East with a striking all-glass facade providing for ample natural light. Surrounded by Moss Park, Corktown & The Distillery District neighbourhoods with thousands of residential units in the immediate area. Strong pedestrian and vehicular traffic. Future Metrolinx Corktown Subway Station coming to the King East & Berkeley intersection in coming years. Steps from 504 King Streetcar and 503 Kingston Road Streetcar stops. 1,945 SF of ground floor space and 788 SF of mezzanine space, totaling 2733 SF of rentable area. Ground floor and mezzanine must be leased together. The space offers an exceptional opportunity for a variety of retail users including but not limited to: food & beverage, health & beauty, health & wellness, medical, home furnishings, showrooms, salons and boutique fitness.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 284 King Street E, Toronto C08, ON M5A 1K4
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 $50 in Toronto, the legal minimum down payment is $3 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 $1.
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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.
