394 King Street, Toronto, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey att/row/townhouse located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,388,000 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.
- 2 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 15 x 53.43 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Accessory Apartment, Separate Hydro Meter, Separate Heating Controls
- equipped with central air, wall unit(s) central cooling and highly efficient forced air heating via electric
Description
Prime Opportunity on King Street- this rare 3-storey Victorian Mixed-Use Property offers exceptional Flexibility. Live & Work under one roof, or generate Income with separate Residential and Commercial spaces. Bright interior features high ceilings, abundant natural light throughout. Main Floor Commercial Space ~Currently AGCO Licensed Cocktail Bar. ~ (Multiple Potential Uses) Includes Finished Basement, Storage, 2 Bathrooms. A Private Entrance leads to the spacious 2-bedroom Apartment on 2nd & 3rd floors equipped with roof top patio. 394 King St. E. is positioned in a high-exposure, high-foot-traffic/walk score corridor -steps to the Distillery, Financial, Entertainment Districts, TTC Streetcar, with quick access to the DVP & Gardiner. Ideal for end-users, Investors, or Entrepreneurs seeking a strategic Downtown Presence.
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Features
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Interior Features
Accessory Apartment, Separate Hydro Meter, Separate Heating Controls
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 394 King Street E, Toronto C08, ON M5A 1K9
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 $1,388,000 in Toronto, the legal minimum down payment is $277,600 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 $24,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,235 also applies, bringing the total estimated land transfer taxes to $48,470.
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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.
