6 - 510 King Street E, Toronto, ON M5A 1M1
Moss Park, Toronto · Near King St E x River St · View map
About this home
Prime turnkey investment in Corktown! Rare opportunity to acquire "Ranik Market," a thriving and highly profitable convenience store commandingly positioned at the high-traffic corner of King St E & River St. Positioned at the base of a dense residential corridor surrounded by multiple high-density condo developments, this business commands massive built-in foot traffic and an exceptionally loyal local following. Featuring a clean, modern layout with high-visibility street exposure, this fully turn-key operation is staffed by an experienced, dependable team for an effortless transition. Beyond core convenience, the store boasts diverse, high-margin revenue streams including top-tier cigarette and alcohol sales, balloon and custom gift hampers, on-site key cutting and fob copying, plus hot grab-and-go patties and warm foods. There is an imminent, game-changing upside opportunity set to significantly expand alcohol volumeSecure, favorable lease terms already in place. Do not miss this gold-mine opportunity in a high-demand downtown location!
The home
- Type
- Sale of business
- Square footage
- 1113 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $12/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- King St E x River St
- Neighbourhood
- Moss Park
More
- MLS® number
- C13881630
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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.
510 King Street, Toronto, ON M5A 1M1
Moss Park, Toronto · Near King St E x River St
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Listing history for 510 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 6 - 510 King Street E
Answers come straight from this home’s MLS® listing.
How much is 6 - 510 King Street E listed for, and what would it cost each month?
6 - 510 King Street E is listed for $399,900. With 20% down ($79,980), the mortgage payment would be roughly $1,613 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,614 a month, all in. That figure is an illustration, not a quote.
Is 6 - 510 King Street E freehold or a condo, and is there a monthly fee?
6 - 510 King Street E is a sale of business 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 6 - 510 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 6 - 510 King Street E?
6 - 510 King Street E is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 6 - 510 King Street E heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 6 - 510 King Street E?
Property taxes are $12 a year (2025), or about $1 a month.
Where is 6 - 510 King Street E?
6 - 510 King Street E is in the Moss Park community of Toronto. The nearest main intersection is King St E x River St. The postal code is M5A 1M1.
Is 6 - 510 King Street E still for sale?
Yes. It is an active listing (MLS® C13881630). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 6 - 510 King Street E asking?
Similar properties for sale nearby right now include 103 - 510 King Street E at $899,900 (1+1 bed), 402 - 510 King Street E at $1,896,000 (2+1 bed) and 225 King Street W at $395,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 510 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 6 - 510 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.
Condo apartment$899,900103 - 510 King Street E, Toronto1+1 bed · 2 bath · Moss ParkCourtesy of: RIGHT AT HOME REALTYView home →
Condo apartment$1,896,000402 - 510 King Street E, Toronto2+1 bed · 3 bath · Moss ParkCourtesy of: RE/MAX HALLMARK REALTY LTD.View home →
Sale of business$395,000225 King Street W, TorontoWaterfront CommunitiesCourtesy of: RC BEST CHOICE REALTY CORPView home →Courtesy of: CENTURY 21 ATRIA REALTY INC.
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.