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 zoning could be brought back to residential taxation through appeal if the use is fully residential.
Address
502 King Street E
List Price
$1,200,000
Property Type
Residential Freehold
Type of Dwelling
Att/Row/Townhouse
Style of Home
3-Storey
Area
Toronto C08
Sub-Area
Moss Park
County
Toronto
Bedrooms
2
Bathrooms
2
Floor Area
1100 - 1500 Sq. Ft.
Lot Depth
42
Lot Size Units
Feet
Lot Width
12.19
MLS® Number
C12110202
Listing Brokerage
RE/MAX URBAN TORONTO TEAM REALTY INC.
Basement Area
Full
Postal Code
M5A 1M1
Parking
None
Tax Amount
$9,900.00
Tax Year
2024
Interior Features
Brick & Beam, Storage
Property Features
Public Transit
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
North
Foundation Details
Concrete Block
Garage Type
None
Kitchens Total
1
Pool Features
None
Roof
Shingles
Sewer
Sewer