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Listing photo of 502 KING STREET E

Toronto

Freehold in Toronto

$849,900

502 KING STREET E, Toronto, M5A1M1

MLS Number: C12978242

Beds

2

Baths

2

Listing

For Sale

Type

Freehold

Square Feet

1,100 - 1,500

Rarely Offered Residential Property with Commercial Exceptions 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 Space 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 Exceptions. See List Of Exceptions Attached. Great Live/Work Option. Small Back Porch Off Rear Of Office With Access From Right of Away From Ashby Place. Close to future Ontario south relief line subway stop, within walking distance. Currently taxed commercially due to its current use, though the property is zoned residential. If converted back to residential use, the property taxes would revert to residential taxes.

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