$999,900Asking Price
502 King Street E, Toronto C08, ON M5A 1M1
Corktown, Toronto
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.
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.
See MoreKey Info
- 3-Storey Rowhouse
- 0-Car Driveway
- No Garage
- King/Sumach
- 1100-1500 Approximate Sq Feet
- Full Basement
- 1 Kitchen
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 12.19 x 42 Feet
- Brick Exterior
- Taxes were $9,900 in 2024
- Possession: Flexible
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #C12377063
- RE/MAX URBAN TORONTO TEAM REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 3-Piece Bathroom | |||
| 1 4-Piece Bathroom | |||
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Who lives here?
Corktown, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives and business, science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of adults aged 25 to 44.
Families
Kids Per Family
0.6
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
59%
of residents are
single and loving it.
59% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
59%
of residents
are renters.
59% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
57%
of residents are
university grads.
57% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$135K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Business | 14% |
| Sales | 14% |
| Management | 12% |
| Government | 10% |
| Culture | 10% |
Immigrants
30%
of residents were
born outside of Canada.
30% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
2.9% from Caribbean
All-time
Birthplace - Recent
1.1% from Pakistan
Recent
Foreign Languages
Foreign Languages
| French | 3% |
| Cantonese | 3% |
| Spanish | 2% |
| Tagalog | 1% |
| Mandarin | 1% |
Religions
Religions
| Christian | 44% |
| Jewish | 3% |
| Muslim | 3% |
| Hindu | 1% |
| Buddhist | 1% |
Social Housing
Social Housing Buildings
6
Social housing buildings
in the neighbourhood.
Shelters
Shelters
3
Homeless shelters in
the neighbourhood.
