398 King Street E, Toronto, ON M5A 1K9
Moss Park, Toronto · Near Parliament Street & King Street East · View map
About this home
Position your business in the heart of one of Downtown Toronto's most dynamic and rapidly evolving neighbourhoods. Prominently located near the high-traffic intersection of King Street East and Parliament Street in Corktown, 398 King Street East offers exceptional street presence, visibility and accessibility in a thriving mixed-use commercial district.Situated just north of the Distillery District and surrounded by established residential communities, new development, restaurants, retail and neighbourhood amenities, the property benefits from a strong and growing customer base. Continued investment and intensification throughout the King East corridor, together with proximity to future rapid transit infrastructure, further enhances the long-term appeal of this sought-after location.The space is particularly well suited to hair, beauty and wellness-oriented businesses, including hair salons, nail studios, beauty boutiques, skincare concepts and related personal-care uses. An existing medical aesthetics business located within the property provides the opportunity to create a complementary beauty and wellness destination, offering potential cross-traffic and natural synergy between businesses.An excellent opportunity for an operator looking to establish or expand their brand in a highly visible Downtown Toronto location where strong demographics, neighbourhood growth and accessibility come together.
The home
- Type
- Commercial retail
- Square footage
- 715 sq ft
- Lot size
- 14.2 x 54.4 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $14,808/yr
- Tax year
- 2025
- Occupancy
- Owner+Tenant
- Possession
- Immediately
- Cross street
- Parliament Street & King Street East
- Neighbourhood
- Moss Park
More
- MLS® number
- C13696186
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
398 King Street, Toronto, ON M5A 1K9
Moss Park, Toronto · Near Parliament Street & King Street East
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Listing history for 398 King Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 398 King Street E
Answers come straight from this home’s MLS® listing.
How much is 398 King Street E listed for, and what would it cost each month?
398 King Street E is listed for $4,500. With 20% down ($900), the mortgage payment would be roughly $18 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,252 a month, all in. That figure is an illustration, not a quote.
Is 398 King Street E freehold or a condo, and is there a monthly fee?
398 King Street E is a commercial retail in Moss Park, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 398 King Street E have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 398 King Street E?
398 King Street E is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 398 King Street E, and what is the lot size?
The lot is listed as 14.2 x 54.4 ft.
How is 398 King Street E heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 398 King Street E?
Property taxes are $14,808 a year (2025), or about $1,234 a month.
Where is 398 King Street E?
398 King Street E is in the Moss Park community of Toronto. The nearest main intersection is Parliament Street & King Street East. The postal code is M5A 1K9.
Is 398 King Street E still for sale?
Yes. It is an active listing (MLS® C13696186). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 398 King Street E asking?
Similar properties for sale nearby right now include 398 King Street E at $1,699,999, 398 King Street E at $1,699,999 and 2nd & 3rd Flr - 617 King Street W at $4,500. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 398 King Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 398 King Street E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Moss Park, picked by style, size and price.
Commercial retail$1,699,999398 King Street E, TorontoMoss ParkCourtesy of: KAIZEN CAPITAL REALTY PARTNERSView home →
Store w apt / office$1,699,999398 King Street E, TorontoMoss ParkCourtesy of: KAIZEN CAPITAL REALTY PARTNERSView home →
Commercial retail$4,5002nd & 3rd Flr - 617 King Street W, TorontoWaterfront CommunitiesCourtesy of: RE/MAX ULTIMATE REALTY INC.View home →Courtesy of: KAIZEN CAPITAL REALTY PARTNERS
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.