1200 King Street, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of South Parkdale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $5,600,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 33.75 x 89 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
CBRE's Retail Investment Group is pleased to offer 1200 King Street West, a highly visible single-tenant retail asset prominently positioned at the north-west corner of King Street West and Dufferin Street, bordering the highly sought-after neighbourhoods of Liberty Village and South Parkdale. The 2,354 sq. ft. building is fully occupied by Wendy's under a long-term lease with renewal options. The care-free lease structure provides secure and predictable cash flow from an exceptional covenant, supported by contractual rent escalations in 2028 and 2033.The surrounding area is experiencing continued intensification, with two new condominium developments directly across King Street West and Dufferin Street, further enhancing foot traffic and strengthening an already established retail node. 1200 King Street West represents a rare opportunity to acquire a landmark corner asset with an exceptionally strong covenant in one of Toronto's most dynamic and rapidly evolving neighbourhoods.
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Pricing & Value Insights
Data-driven valuation for 1200 King Street W, Toronto W01, ON M6K 1G4
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About Purchasing a Home in Toronto, ON
For a property listed at $5,600,000 in Toronto, the legal minimum down payment is $1,120,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $126,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $126,475 also applies, bringing the total estimated land transfer taxes to $252,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
