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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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398 King Street E Toronto C08
For SaleMoss Park

398 King Street E Toronto C08, Store W Apt/Office for Sale

MLS® C13696196

Moss Park, Toronto, ON

79 days on market
$1,699,999
Show on Map
Show on Map
N/ABeds
N/ABaths
2,045Sqft
N/AParking
Store W Apt/Office

Overview· 398 King Street E Toronto

MLS® #C13696196

A rare opportunity to acquire a prominent mixed-use commercial property along King Street East in the heart of Toronto's historic Corktown neighbourhood. Strategically positioned near King and Parliament, the property sits at the convergence of Corktown, the Distillery District, St. Lawrence Market and Toronto's rapidly evolving eastern downtown core.The property offers excellent exposure along one of the city's most recognizable east-west corridors, surrounded by established residential neighbourhoods, ongoing condominium development, restaurants, retail, employment and some of Toronto's most popular cultural destinations.Adding to its long-term investment appeal is the future Distillery District Station on the Ontario Line, currently under construction nearby at King Street East and Berkeley Street. The surrounding area is planned for significant transit-oriented intensification, bringing thousands of additional residents, improved transit connectivity and increased pedestrian activity to an already dynamic neighbourhood.With strong street presence, commercial income potential and flexibility for a variety of ownership strategies, the property presents an attractive opportunity for an investor, entrepreneur or owner-user seeking a foothold in Downtown Toronto.Character commercial properties of this scale and location are increasingly difficult to acquire. Whether positioned as a long-term income-producing investment, an owner-occupied business location or an asset benefiting from continued neighbourhood growth and major transit investment, this is a compelling opportunity to invest in one of Downtown Toronto's most strategically located and evolving districts.

Broker

KAIZEN CAPITAL REALTY PARTNERS

Neighbourhood

Moss Park

Walk 98Avg $765KArea guide

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Walk Score®99Walker's ParadiseWalker's Paradise
Transit Score®93Rider's ParadiseRider's Paradise
Bike Score®99Biker's ParadiseBiker's Paradise
Schools9322 schools within 1.5 km · nearest 145 m22 schools within 1.5 km · nearest 145 m
Parks10015 parks within 1 km · nearest 208 m15 parks within 1 km · nearest 208 m
Convenience6717 groceries, cafes and pharmacies within 1 km · nearest 49 m17 groceries, cafes and pharmacies within 1 km · nearest 49 m
Safety4Safer than 4% of Toronto neighbourhoods (2025)Moss Park: 3,372 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 398 King Street E Toronto

Source: MLS® listing data
398 King Street E Toronto

Store W Apt/Office

398 King Street E Toronto

Moss Park

Type

Store W Apt/Office

Parking

None

Property Tax

~$14,808/yr

Heating

Gas Forced Air Open

Buying Essentials

Square Feet

2045 sqft

Parking

None

Finances

List Price

$1,699,999

Price per SQFT

$831/sqft

Property Tax

~$14,808/yr

Property Specs

Property Type

Store W Apt/Office

MLS Size

2045 sqft

Living & Amenities

Heating Type

Gas Forced Air Open

Policies & Utilities

Neighbourhood

Moss Park

Listed On

Aug 20, 2026

Price & Listing History

Days on Market

Current: 79 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 398 King Street E Toronto.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$6,838/mo
Property Tax$1,234/mo
Total Monthly$8,072

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0