For saleMLS® C13820174

40 King Street W, Toronto, ON M5H 3Y2

Bay Street Corridor, Toronto · Near Yonge & King W · View map

$150,000
1137Sq ft
Sale of businessType
UndergroundGarage
NoneParking
$150,000
FreeholdNo monthly condo fee
Underground parkingFrom the listing

About this home

GREAT OPPORTUNITY TO OWN one of Canada's Leading National Health Food Chain "Nutrition House" IN SCOTIA PLAZA AT YONGE AND KING ST W, Downtown Toronto. Includes an NH Direct ecommerce website, Area: 1137square feet. Royalties: 5% of Sales, Good Income. Gross Monthly Rent: $6,500 plus utilities plus 14% of sales in excess of $557,000 in year 1,Located in a thriving Business Community in the Heart of Toronto at the base of 3 integrated buildings and 2,000,000 square feet of combined office space Office tenants include Scotiabank, Pacific Life Insurance, and Northleaf Capital Partners, Part of the busy underground P.A.T.H. system that accommodated over 200,000 daily commuters. Great co-tenants including Oxygen Yoga Fitness, Winners, L'Attitudes, Aroma, Ninki Sushi, Thai Express, and Tim Hortons, Busy King Subway Station on-site.Term - 5 years plus an option for 5 years, Price Includes a newly renovated store. AVAILABILITY : JANUARY 2027

The home

Type
Sale of business
Square footage
1137 sq ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Closed
Air conditioning
Yes

Garage & parking

Garage
Underground
Total parking
None

Taxes & other

Tax year
2026
Occupancy
Vacant
Possession
TBA
Cross street
Yonge & King W
Neighbourhood
Bay Street Corridor

More

MLS® number
C13820174

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Want to know something that isn’t listed?
Estimated monthly cost$699per month, all in
  • Mortgage
  • Property tax

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.

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    40 King Street, Toronto, ON M5H 3Y2

    Bay Street Corridor, Toronto · Near Yonge & King W

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    Sold history

    Listing history for 40 King Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 40 King Street W

    Answers come straight from this home’s MLS® listing.

    How much is 40 King Street W listed for, and what would it cost each month?

    40 King Street W is listed for $150,000. With 20% down ($30,000), the mortgage payment would be roughly $605 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $699 a month, all in. That figure is an illustration, not a quote.

    Is 40 King Street W freehold or a condo, and is there a monthly fee?

    40 King Street W is a sale of business in Bay Street Corridor, 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 40 King Street W have a garage and parking?

    Yes. The listing shows the garage as underground. The listing does not include a parking space.

    What style of home is 40 King Street W?

    40 King Street W is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How is 40 King Street W heated and cooled?

    Heating is gas forced air closed. Cooling is yes.

    Where is 40 King Street W?

    40 King Street W is in the Bay Street Corridor community of Toronto. The nearest main intersection is Yonge & King W. The postal code is M5H 3Y2.

    Is 40 King Street W still for sale?

    Yes. It is an active listing (MLS® C13820174). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 40 King Street W asking?

    Similar properties for sale nearby right now include 25 King Street W at $149,000, 173 King Street E at $129,000 and 740 King Street W at $175,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 40 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 40 King Street W?

    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.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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