365 King Street, Toronto, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Waterfront Communities C1. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $19,900,000 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 20.2 x 117.62 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Ideally positioned in the heart of Toronto's vibrant King West Entertainment District. Offered for the first time, this rare multi-level commercial opportunity presents approximately 14,000 square feet of space across seven levels, delivering exceptional flexibility for investors, end-users, and developers alike. Property Breakdown(AS PER LANDLORD): Basement: Currently leased to a successful cannabis retail operation, providing immediate income Main Floor: Commercial zoning; previously operated as a restaurant with strong street presence*2nd Floor: Zoned residential and is About 2400 square feet gross floor area.*3rd Floor: Zoned office Space and is About 2400 square feet gross floor area*4th Floor: Zoned residential and is About 2400 square feet gross floor area.*5th Floor: Zoned office Space and is About 2400 square feet gross floor area.*6th Floor: Zoned office Space and is About 2550 square feet gross floor area.*7th Floor: Under construction Elevator extension from main floor (as is)(Zoned commercial with a variety of potential uses (buyer to verify permitted uses)The building features an existing elevator shaft servicing from the main floor up to the fourth floor, offering added convenience and future upgrade potential. Investment & Development Highlights: Positioned in one of Toronto's most sought-after commercial corridors, this property benefits from outstanding visibility, high pedestrian traffic, and premium signage exposure along King Street West. The versatile layout supports a wide range of uses including hospitality, retail, office, studio, or mixed-use concepts. Significant redevelopment and value-add potential exists (buyer to complete their own due diligence), making this an ideal acquisition for those looking to capitalize on the continued growth and demand in the King West area. An exceptional opportunity tosecure a landmark property in a premier downtown location.Building is being Sold in "As Is, Where Is" Condition - VIRTUALLY ENHANCED PHOTOS
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 365 King Street W, Toronto C01, ON M5V 1K1
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 $19,900,000 in Toronto, the legal minimum down payment is $3,980,000 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 $483,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $483,975 also applies, bringing the total estimated land transfer taxes to $967,950.
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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.
