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365 King ST W Toronto C01, ON M5V 1K1
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Municipality Toronto C01
Subdivision Waterfront Communities C1
MLS Listing ID C13142498
Annual Tax Amount $76,993
Tax Year 2025
Property Sub-Type Investment
Property Description
Ideally positioned in the heart of Toronto's vibrant King West Entertainment District. Offered for the first time, this rare multi-level commercial opportunity presents approximately 14,000 square feet of space across seven levels, delivering exceptional flexibility for investors, end-users, and developers alike. Property Breakdown(AS PER LANDLORD): Basement: Currently leased to a successful cannabis retail operation, providing immediate income Main Floor: Commercial zoning; previously operated as a restaurant with strong street presence*2nd Floor: Zoned residential and is About 2400 square feet gross floor area.*3rd Floor: Zoned office Space and is About 2400 square feet gross floor area*4th Floor: Zoned residential and is About 2400 square feet gross floor area.*5th Floor: Zoned office Space and is About 2400 square feet gross floor area.*6th Floor: Zoned office Space and is About 2550 square feet gross floor area.*7th Floor: Under construction Elevator extension from main floor (as is)(Zoned commercial with a variety of potential uses (buyer to verify permitted uses)The building features an existing elevator shaft servicing from the main floor up to the fourth floor, offering added convenience and future upgrade potential. Investment & Development Highlights: Positioned in one of Toronto's most sought-after commercial corridors, this property benefits from outstanding visibility, high pedestrian traffic, and premium signage exposure along King Street West. The versatile layout supports a wide range of uses including hospitality, retail, office, studio, or mixed-use concepts. Significant redevelopment and value-add potential exists (buyer to complete their own due diligence), making this an ideal acquisition for those looking to capitalize on the continued growth and demand in the King West area. An exceptional opportunity tosecure a landmark property in a premier downtown location.Building is being Sold in "As Is, Where Is" Condition - VIRTUALLY ENHANCED PHOTOS
Location
Province ON
County Toronto
Community Toronto C01
Area Toronto
Zoning Commercial Retail
Interior
Cooling Yes
Inclusions MAIN FLOOR: Licensed For 105 People. Includes Existing Bar Sink, 3 Beer Fridges, 4 BeerTaps, Stools, Tables, Chairs &Kitchen Equipment All In As Is, Where Is Condition.
Exterior
Utilities Available Yes
Lot Frontage 20.2
Lot Depth 117.62
Others
Security Features Yes
ParcelsYN No
Listed by UNITED REALTY GROUP LTD.
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