Rarely Offered Commercial Office/Residential 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. Amazing Live Work Space Or Great Investment Property. Very Bright With Great Layout And High Ceilings. Property Zoned Residential With Commercial Exception. See List Of Exceptions Attached. Great Live/Work Option. 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. Currently Commercial space on all 3 Floors. Currently taxed commercially but due to use could be brought back to residential taxation if use is fully residential.
Address
502 King Street E
List Price
$849,900
MLS® Status
New
Expiration Date
2026-07-09
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Toronto C08
Sub-Area
Moss Park
Region
Toronto
Bathrooms
2
Lot Depth
43.19
Lot Type
Building
Lot Size Units
Feet
Lot Width
12.19
Parcel Number
210780066
Total Building Area
1200
Occupant Type
Owner
Cross Street
King/Sumach
MLS® Number
C12978244
Listing Brokerage
RE/MAX URBAN TORONTO TEAM REALTY INC.
Postal Code
M5A 1M1
Posession Details
Immediate/Flexible
Tax Amount
$9,900.00
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
None
Security Features
No