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502 King St E

2,400 SF 100% Leased Retail Building Toronto, ON M5A 1M1 $999,029 USD ($416 USD/SF)

Investment Highlights

  • Rarely Offered Commercial Office Space On King St.
  • Future Development Site.
  • With Lots Of Foot Traffic.

Executive Summary

Rarely Offered Commercial Office Space On King St. East Between Sumach And River. Prime Location With Lots Of Foot Traffic. Future Development Site. Many New Projects Being Built In This Redeveloping Area. The Office Is Fully Updated From Top To Bottom. Turn Key Office Or Great Investment Property. Very Bright With Great Layout And High Ceilings. Property Zoned Residential With Commercial Exception. See List Of Exceptions Attached. Because Of This Much Lower Property Taxes On The Property. Small Back Porch Off Rear Of Office With Access From Right Away From Ashby Place. Close to future Ontario south relief line subway stop, within walking distance. Fridge, Stove, Washer ,Dryer, Microwave, Dishwasher, Window Coverings, Light Fixtures, Furniture are all negotiable.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,400 SF
Building Class
C
Year Built
1905
Price
$999,029 USD
Price Per SF
$416 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.33
Land Acres
0.02 AC
Zoning
R - R(D1*561)
Parking
3 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
42 FT on King St
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (92)
Bike Score ®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

YMCA
SoulCycle
CrossFit
Extreme Pita
Big Smoke Burger
Tim Hortons
9round Fitness
Starbucks
TD Canada Trust
Scotiabank
  • Listing ID: 31112658

  • Date on Market: 3/4/2024

  • Last Updated:

  • Address: 502 King St E, Toronto, ON M5A 1M1

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