Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $789,000 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.
Your dream of owning a classic freehold Toronto redbrick Victorian rowhome is about to come true! Welcome to 553 King Street East, your ticket out of condo living & to a gorgeously updated freehold home in one of Toronto's best east-end neighbourhoods, Corktown! Step off King Street East & notice right away the brick & window details you can only find in a home of this vintage & charm. Inside you'll be wowed by the openness, high ceilings & natural light. The living room has plenty of room to set up the cozy vignette of your dreams, & the dining room is perfect for hosting dinner parties or date nights in. The modern kitchen features a walk out to the backyard, ample counter space, & stacked laundry. A classy, updated main level powder room - rare in Toronto - means you'll never need to send guests running upstairs. On your way upstairs notice the beautiful pine treads, a nod to the home's storied past. On the second level there's a den perfect for working from home, crafting, reading, or whatever your heart desires. The bedroom has a large closet & a coveted updated ensuite bathroom. The backyard is your own little slice of the city - just imagine your summers spent with family & friends BBQing back here! Located in one of Toronto's most vibrant neighbourhoods, Corktown, 553 King Street E. is the perfect blend of urban living & historic charm. You'll be just minutes from the Financial District, making your work commute a breeze for those days you need to head to the office. For date nights & errands, all the best restaurants, shops, & amenities along King Street E. & in Leslieville, Riverside, & the Distillery District are just right around the corner. In fact, Spaccio & Gusto 501 are just a short jaunt away. One of the city's best gyms is right across the street, & the famous Impact Kitchen is steps away for when you want to treat yourself to coffee & a healthy snack or lunch. It's time to seize this opportunity & own a part of Toronto history. Welcome home!
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Public Transit, Fenced Yard, Park, Rec./Commun.Centre
Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 553 King Street E, Toronto C08, ON M5A 1M5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $789,000 in Toronto, the legal minimum down payment is $53,900 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 $12,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,255 also applies, bringing the total estimated land transfer taxes to $24,510.
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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.