1226 King Street, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business 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 $1 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 21 x 150 ft lot size
- equipped with yes central cooling and highly efficient electric forced air heating
Description
Welcome to Toronto's newest culinary gem! Nestled in the heart of the bustling King Street West and walking distance to BMO Field (Great opportunity as FIFA CUP around the corner ) this vibrant restaurant is now available for sale, offering a rare opportunity to own a thriving business in one of the city's most sought-after locations. Boasting a recent and complete renovation, this establishment exudes modernity and style. Step inside to discover a space meticulously designed with attention to detail, featuring contemporary décor and top-of-the-line equipment throughout. Recognized by esteemed platforms such as Taste Toronto, Blog TO, and Curio City, this restaurant has quickly gained acclaim for its innovative approach to Latin street food. Conveniently situated on King Street West, this locale benefits from high visibility and substantial foottraffic, ensuring a steady stream of patrons throughout the day and into the evening hours. Whether it's locals seeking a memorable dining experience or tourists eager to explore Toronto's culinary scene, this establishment captures the attention of all who pass by. Don't miss your chance to own a piece of Toronto's culinary landscape. Take advantage of this rare opportunity to acquire a thriving restaurant in a prime location. You can start your own concept restaurant as well!! VERY LOW RENT $6893 including TMI and HST. Lease available until year 2030plus option to renew.
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Pricing & Value Insights
Data-driven valuation for 1226 King Street W, Toronto W01, ON M6K 1G4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1 in Toronto, the legal minimum down payment is $0 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 $0 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $0 also applies, bringing the total estimated land transfer taxes to $0.
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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.
